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...“Are there parts of the world where CEOs would rather take a lower profile on their ESG . . . and climate agendas? Absolutely, yes,” he said....
...New York-based Presidio provides IT services to some of the world’s largest companies, including Amazon, and government organisations....
...Singaporean sovereign wealth fund GIC acquired a 35 per cent stake in Spain’s Hotel Investment Partners from Blackstone Group, while Abu Dhabi Investment Authority, one of Abu Dhabi’s sovereign wealth funds...
...But the groups “would prefer to solve their own problems, as opposed to have politicians solve it”, he said....
...In the world of cheap(er) purses, price is everything and competition is fierce. If the deal goes through, that would fade, the FTC argues....
...In 2005, SIG focused its efforts on China, then the fastest-growing large economy in the world with an exploding middle class....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...The 71-year-old head of the world’s largest money manager has been singled out by conservatives and fringe groups as part of a backlash against BlackRock’s use of investing based on environmental, social...
...A Congolese mining belt running along the DRC’s borders with Uganda and Rwanda holds some of the world’s largest deposits of coltan, the ore from which tantalum is extracted....
...The Dilbar, the largest yacht in the world by volume, used to occupy the A18 slot, says Fangman....
...In response, the NSA, CIA and Department of Defense are now scrambling to create better collaboration with the corporate world around cyber defences....
...Airlines operating in the EU are subject to the world’s strictest environmental rules, as Brussels charges companies which pollute through its emissions trading scheme, and also plans to bring in a mandate...
...As our Big Read details, it is being closely watched around the world as a test of how the tech giants can be successfully regulated....
...Only about one-third of available Airbnb rentals for the Paris area have so far been booked during the Olympics, according to data analytics group AirDNA, while 3,000 to 3,500 new listings are coming online...
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...We are now in the early stages of a revolution that will change everything about our world.”...
...Both Tesla and BYD — the world’s first and second-largest EV manufacturers — reported a strong drop in sales in the first three months of this year compared with the previous quarter....
...But given the transformative nature of the treatment for a disease with a poor prognosis, the high list price has not held back sales for the pharma group....
...Unhedged spent a good chunk of last week trying to make sense of two newly listed companies: Reddit and Trump Media & Technology Group. On Monday, both sold off hard....
...This can be seen as a version of the above, but in this case the important business unit is right on the other side of the world, and is in a volatile market which requires emergency decisions to be made...
...three years spent more than $1.5bn working on “Project Texas”, a corporate restructuring plan to safeguard US user data and content from Chinese influence through a partnership with American cloud software group...
The “J Crew blocker” has some problems
...In the real world, if you lend $1,000 you can expect to receive interest....
...They really want to start to solve real financial friction using forms of tokenised real world assets.”...
...CME Group said it will apply to clear US Treasuries, becoming the first exchange company to publicly state its ambitions to grab a lucrative slice of the world’s biggest bond market....
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