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Next profits poised to top £1bn for first time
UK retail bellwether raises outlook for third time in three months on the arrival of colder weatherWorld - Financial Times - 8 hours ago -
GM raises investment in lithium mine to nearly $1bn
US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVsBusiness - Financial Times - October 16 -
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$1bn US battery plant plan shows race to reduce reliance on China
A new technology eschews graphite, nickel, manganese and cobalt, of which Beijing controls most of the world’s supplyWorld - Financial Times - October 15 -
Harris raises nearly $1bn to surge past Trump in election money race
Democratic candidate pulled in more cash in three months than Republican challenger has managed since January 2023World - Financial Times - October 21 -
FirstFT: HSBC overhaul to divide businesses along east-west lines
Also in today’s newsletter, EY fires staff for ‘cheating’ and Mubadala Capital’s private equity pushWorld - Financial Times - October 22 -
Aware Super and Delancey to invest up to £1bn in London’s office sector
Australian pension fund partners with UK property group in bet on asset class hit by higher rates and remote workingBusiness - Financial Times - 5 days ago -
UK tax raid on private equity could raise £1bn, say researchers
Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changesBusiness - Financial Times - 5 days ago -
El Salvador gets $1bn US-backed loan from JPMorgan to refinance debt
Deal linked to promise of river conservation is latest example of increasingly popular ‘debt for nature swaps’World - Financial Times - October 17 -
Trump gets record donations from big oil but far less than $1bn he wanted
Republican ex-president has received $14.1m oil and gas industry making it his fourth-biggest source of cash. Donald Trump has raised more money from the oil and gas industry than at this stage ...World - The Guardian - October 18 -
Rachel Reeves gives closing speech at UK investment summit – business live
Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy. Keir Starmer will promise to slash red tape as he hosts investment summit Who will attend ...World - The Guardian - October 14 -
The School for First Ladies Is Now in Session
It’s a highly visible role that usually comes with no job description or salary. This group aims to assist. (And yes, first gentlemen are welcome.)Lifestyle - The New York Times - October 12
