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...In return, mineral and energy concessions — as in Mali, where a mining code reform will allow foreign concessions to be reallocated to Russian companies — finance Moscow’s operations....
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...It was one of the investors that bought rental car company Hertz out of bankruptcy in 2021, and backed a failed bid by restaurateur Jeremy King to keep control of the company that owns the Wolseley in London...
...British Grand Prix, Silverstone The Royal Automobile Club’s annual 52-lap motor race is a famed stop-off during the Formula One rounds....
...Existing exposure to Russia among big European companies is mostly among the banks....
...In plain English: companies need to stay flexible....
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...In the same spirit, a European parliament proposal last month to designate the Russian private military company Wagner a terrorist organisation was followed by a widely circulated video of one of the group...
...Their owners may have fallen out of favour — or simply been caught owning a profitable company at the wrong time....
...Many of the Russians killed in the battle for Bakhmut are believed to have been criminals recruited from prisons by the Wagner private military company....
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...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...She’s from Detroit, Michigan, spent her whole life there, and she works for Ford Motors in finance management....
...Germany was hit badly by shortages of materials, particularly a lack of semiconductors in the motor industry....
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