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UK’s largest defence company expands further into US with acquisition of Colorado-based unit
Conventional wisdom has been that big commercial inroads were unlikely until the next decade
New construction makes up 30% of market with current homeowners clinging to cheaper mortgages
Inflation could have a detrimental impact on group’s future claims costs
Thermal battery start-ups target the carbon-belching industrial heat space
Carmaker’s share price jump should not be taken as proof of widespread investor confidence
Country’s auto industry hit by slow growth and weak demand as officials struggle to lift confidence following pandemic
Investors should ground any optimism of a quick stock price rebound
Lossmaking VinFast’s market capitalisation tops $85bn following New York debut
One year after the IRA and Chips Act became law, FT research shows who is winning the investment race
Defence ministry says it is reviewing progress on contract but remains committed to system having already spent £690mn
Investor cuts exposure to failed US trucking company after jockeying over debtor-in-possession financing
Shares in the five leading homebuilders touch new highs while DIY retailers report sales decline
For electric vehicles to hit mainstream adoption, billions more in investment are needed to expand infrastructure
Move comes a day after steelmaker rejected offer from Cleveland-Cliffs
Christian Lindner adds to pressure on chancellor to support contentious measure
Family holding company’s acquisition of 15% exposure to Dutch medical technology firm company’s stock not a complete surprise
Emergency landing is latest in a series of glitches that have plagued government planes
Local manufacturers have little choice but to cut prices faster and deeper than the US electric-car maker
Buying US Steel would reinforce the kingpin status of Cleveland-Cliffs
More than 1,000 Pratt & Whitney engines are affected, forcing carriers to change schedules and ground craft
Two forms of lithium-ion technology are vying to dominate an industry destined to be worth hundreds of billions of dollars
Move came after company said it had hired financial advisers to evaluate offers
Posco’s battery materials chief says company is targeting the growing EV market
Aviation regarded as new market for refiners as electric vehicles endanger demand
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