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Temasek lifts internal carbon price to $50

  Bloomberg Temasek Holdings Pte increased its internal carbon price to $50 a ton as the Singapore state-owned investor takes steps to meet a net zero target by 2050. The $287 billion fund lifted the internal price from $42 a ton, and plans to increase it further to $100 a ton by 2030, according to the investor’s annual report released ...

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Why iPhone is missing from Foxconn’s Asia tour

When Foxconn Technology Group’s Young Liu toured Asia last month, he avoided speaking about the one client for which the Taiwanese company is most famous. In meetings with the leaders of India, Indonesia and Thailand, the chairman focussed on developing semiconductors and building electric vehicles instead of churning out Apple Inc iPhones. That’s a stark contrast to eight years ago, ...

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Benettons ignore chaos in Dufry deal

The meal deal served by the Benettons to minority investors in Autogrill SpA arrived cold. The billionaire family has just agreed to sell its controlling stake in the motorway-restaurant operator to Swiss duty-free retailer Dufry AG in an ungenerous deal, gaining a position of influence in the combined business. That leaves fellow shareholders deprived of the takeover at a premium ...

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