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Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips Act
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuations
Combination would bring together two of the industry’s largest companies as copper demand soars
British bank reports 13% decline in quarterly profits but still beats analysts’ expectations
First-quarter net income increased 10% from a year earlier to €1.45bn
Maker of Birkin bags beats expectations with strong demand for leather goods and jewellery as it defies luxury slump
Success of biosimilars in lowering prices will depend on decisions from powerful pharmacy benefit managers
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownership
Higher fares and leaner schedules loom for flyers as 737 Max crisis forces delivery delays
Alignment of standards would lower costs to develop small modular reactors, speeding up their rollout
Elon Musk seeks to appease the market after 40% stock slide
Keeping growth companies onshore would boost the FTSE and the UK economy
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidance
Legal & General and Abrdn also criticise offer as undervaluing UK-listed miner
Carlos Tavares says Britain’s quota regime could bankrupt carmakers
Three takeaways from a bullish IEA forecast on the state of electric cars and batteries
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest rates
Biosecure Act would prohibit American companies receiving federal grant money from working with some Chinese groups
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal Soriot
Promotion of Hong Kong based insider Hidehiro Imatsu follows months-long leadership vacuum
Why now, why not earlier, why ever, at what price, and what it might mean for fertiliser production in North Yorkshire
Industry faces 2039 deadline on the dirtiest energy source but existing gas plants escape present standards
Also in today’s newsletter, Meta’s shares tumble and Columbia’s ‘Gaza Solidarity Encampment’
Doubts over the credibility of economic and corporate statistics
Supermarket chain’s chief suggests shoppers are starting to ‘trade up’ as food price inflation eases
Global health experts call for curbs on online marketing to protect teens from marketing of ‘harmful products’
US consumers’ changing habits in response to high prices takes toll on demand
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to bite
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fall
Also in this newsletter: Waiting for Emmanuel Macron’s words of wisdom
Plus, one UK local council gets wooed by a Monaco hedge fund and Rodolphe Saadé leans into building a media empire
Chatbots will soon take over much of the work of human agents, forecasts chief of Indian IT group
Allocations represented only 16% of total new money garnered by ETFs, down from 65% during highs of 2022
New figures show that default and recovery rates compare favourably with other debt asset classes
Trend-followers profit from bets on rocketing cocoa price and against sinking yen
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