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German economy
Scholz’s energy policies branded ‘toxic’ by German business chief
...“For companies that have to make investment decisions, that is absolutely toxic.”...
February 6, 2024
Trade disputes
EU rejects US offer to end steel tariff dispute
...The EU has an emissions trading system that forces companies to buy permits to pollute, with the price of a tonne of carbon hitting €90 in recent months....
June 28, 2023
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
The Long ViewKatie Martin
In defence of Europe’s tankmakers
...A fondness for European defence stocks has been a somewhat oddball hobby for most of the last decade or two, but like V-neck jumpers, the sector is firmly back in fashion....
April 12, 2024
Joe Biden
Joe Biden courts union votes in trip to Midwest car plant
...The union eventually secured its reopening while also persuading the company to plough another $4.8bn into the plant, launch a new midsize pick-up truck, create a “megahub” for parts distribution, and potentially...
November 9, 2023
Tata Steel Ltd
Workers at Welsh steel plant braced for widespread job losses
...Executives from India’s Tata Steel, including chief executive T V Narendran, have flown in for the talks with union leaders in London to discuss plans for the future of the company’s UK operations, which...
January 17, 2024
The Big Read
The unexpected revival of America’s trade unions
...“You’ve done everything the company had asked for, and then they go and pull the rug out from under you.”But the union fought back....
December 13, 2023
FT Live
Climate Capital Live
The leading global platform for climate science, finance and business
Wednesday, 19 March 2025London, UK & Online
Automobiles
Stellantis and autoworker union reach tentative deal to end strike
...Ford on Thursday said that the strikes had cost the company roughly $1.3bn, with 80,000 fewer cars and trucks produced. Separately General Motors has said that the strike has cost the company $800mn....
October 29, 2023
Ford Motor Co
Ford reaches deal with union to end US strike and raise wages
...Ford said it was “pleased” to have reached the deal and was focused on restarting its plants in Kentucky, Michigan and Illinois that were shut down after workers walked off the job....
October 26, 2023
Tata Steel Ltd
Tata Steel to close last two blast furnaces in Port Talbot
...The company’s UK operations have been losing about £1.5mn a day. T V Narendran, Tata Steel’s chief executive, told the Financial Times the status quo was “not sustainable”....
January 19, 2024
The FT ViewThe editorial board
A step into the unknown for Britain’s steel industry
...Unions pushed to keep this option open, but the cost was £638mn higher....
January 23, 2024
Automobiles
Auto workers expand strike against Ford and GM
...The plant closure demand is particularly significant for Stellantis, which idled a factory in Belvidere, Illinois, earlier this year....
September 29, 2023
News in-depthLabour Party UK
Starmer sets February 8 deadline to finalise draft Labour manifesto
...Labour’s manifesto will be finalised when Starmer holds a “Clause V meeting” attended by the shadow cabinet, union representatives and other senior party figures, but that cannot happen until Sunak calls...
January 22, 2024
US insurance industry
The US insurance storm continues
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
August 3, 2023
News in-depthUnited Auto Workers
UAW’s surgical strike pinpoints weak spots in carmaker supply chains
...when a targeted strike at a GM engine plant in Flint, Michigan, in 1936 eventually led to workers occupying several plants, said Bob Bruno, director of the labour studies programme at the University of Illinois...
September 20, 2023
News in-depthBoeing Co
Boeing chief Dave Calhoun’s leadership under scrutiny after 737 Max crisis
...Illinois senator Tammy Duckworth urged the FAA this week not to certify the Max 7 with the safety exemption....
January 26, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Transcript
Transcript: UAW strike kicks off new era for US labour
...US labour law is fundamentally reactive, so it’s entirely possible for companies to fire union leaders....
December 15, 2023
FT Magazine
How Silicon Valley’s ‘Oppenheimer’ found lucrative trade in AI weapons
...After the collapse of the Soviet Union, the US slashed defence spending, kicking off a frenzy of consolidation in the early 1990s, when dozens of companies folded into just five....
March 28, 2024
Europe Express
How the EU’s budget woes spoilt von der Leyen’s ‘sovereignty fund’ Premium content
...Some asylum seekers are staying in a squat on Brussels’ Rue de la Loi, just next to the headquarters of De Moor’s party, CD&V....
June 16, 2023
Transcript
Transcript: What will work look like in 2024?
...I remember when the Supreme Court was just about to overturn the Roe v Wade abortion ruling in 2022. I spoke to the CEO of a large American business....
December 26, 2023
Digital currencies
Read the CFTC’s lawsuit against Binance
...The regulator has filed a civil suit against Binance in Illinois federal court....
March 27, 2023
FT Magazine
The FT’s 25 most influential women of 2023
...General Motors chief executive Mary Barra, the daughter of a union machinist, comes from a family that has collectively spent more than 80 years working at the company....
November 30, 2023
FirstFT
FirstFT: Taiwan’s president meets House speaker Kevin McCarthy
...Company results: Consumer goods company ConAgra will report third-quarter earnings. Passover: The Jewish holiday starts later today and ends on April 13. As always, thank you for reading FirstFT....
April 5, 2023
Watches & Jewellery
Luxury brands to capitalise on coronation jubilation
...the piece is reset with the Cullinan III, IV and V diamonds from Queen Elizabeth II’s jewellery collection....
March 25, 2023
HM Revenue & Customs
Walkers’ Sensations Poppadoms vs HMRC: Crunch time
...the crisp company....
January 19, 2024
Renewable energy
US touts Biden green subsidies to lure clean tech from Europe
...But the campaign by US states and localities has intensified, including visits to the World Economic Forum in Davos last week by the governors of Michigan, Georgia and Illinois, as well as West Virginia...
January 24, 2023

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