The Wallenberg family of industrialists has begun its transition to a sixth generation as the power behind companies worth $700bn such as Ericsson, ABB, AstraZeneca and Saab breaks with tradition and considers 30 relatives for its succession planning. Cousins Jacob […]
The Wallenbergs start succession to sixth generation Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. To understand just how deep the challenges that Volkswagen is facing, it is worth considering the position of Gunnar Kilian.
Pressure mounts on VW to finally confront the reality of restructuring Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Nobel Peace Prize has been awarded to Nihon Hidankyo, a Japanese organisation of atomic bomb survivors from the 1945
Nobel Peace Prize awarded to Nihon Hidankyo Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ikea spent more than €2bn last year on lowering the prices of some of its most popular furniture, leading to
Ikea posts first drop in revenue since 2020 after cutting prices Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Norway’s state-controlled oil and gas company Equinor has bought a 10 per cent stake in Denmark’s Ørsted, becoming the second-largest
Norway’s Equinor takes 10% stake in renewables group Ørsted Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A damaged ship carrying up to 20,000 tonnes of explosive ammonium nitrate from Russia has anchored off the UK coast
Damaged ship carrying explosive cargo anchors off UK coast Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northvolt will cut one in five jobs and suspend the expansion of its main gigafactory as Europe’s leading battery maker
Northvolt to cut 20% of jobs in battle for survival Read More »
Europe’s pioneers in green technology face a first-mover “disadvantage” that needs to be eliminated for the continent to compete with China and the US, a leading European industrialist has said. Vincent Clerc, chief executive of Danish container shipping giant AP
Europe must end ‘disadvantage’ for green first movers, Maersk boss says Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sweden’s government has ruled out a financial rescue of Northvolt as the country’s green battery start-up fights for survival. Ulf
Swedish PM rules out government rescue of troubled Northvolt Read More »
When Lego started testing a service to receive and re-use second-hand bricks, the Danish toymaker soon ran into a problem: people would send in other things as well. Soda cans, shoes, lots of hair — all came mingled in with
The relentless rise of second-hand Read More »
