Financial Times – September 26 – 09/26/2023 at 01:50

September 25 (Reuters) – Here are the main articles published in the Financial Times. Reuters has not verified these articles and does not endorse their accuracy.

Headlines – Ford suspends work on $3.5 billion electric vehicle battery plant in Michigan – Coty presses ahead with dual listing plans in Paris – Ken Griffin joins Paul Marshall’s bid for Telegraph Group – Blue Origin Jeff Bezos’ space company picks Amazon device chief as CEO: Germany pushes to delay EU-UK EV tariffs

General description

– Ford FN suspends construction of a $3.5 billion plant in Michigan, where it planned to make batteries for electric vehicles using technology from a Chinese company.

– Cosmetics maker Coty COTY.N will sell 33 million new shares as part of a plan to obtain a dual listing in Paris.

– Ken Griffin, founder of hedge fund Citadel, has joined a consortium of investors led by Sir Paul Marshall to prepare a takeover bid for Telegraph Group.

– Dave Limp, outgoing head of devices at Amazon

AMZN.O will take the helm of Blue Origin, Jeff Bezos’ company, at the end of the year.

– Germany is leading a European initiative to accept Britain’s request to defer tariffs on sales of electric vehicles between the UK and the EU.

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