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Vanguard Group Inc
Vanguard funds invest in China military groups, report says
...US investor capital from Vanguard also funded affiliates of the China State Shipbuilding Corporation, a military-linked conglomerate, the report said....
October 12, 2023
Insurance
Brookfield quits insurer’s board in dispute over Josh Harris’s venture
...The Canadian group also created a reinsurance affiliate to initially manage $5bn of the Iowa company’s annuity liabilities and today owns 18 per cent of the insurer....
November 8, 2022
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
BlackRock Inc
BlackRock’s Larry Fink to face vote on splitting chair and CEO role
...But statistics from ISS-Corporate, the data affiliate of the proxy adviser, shows investor pressure for change....
April 4, 2024
Chinese business & finance
Alibaba chief takes direct control of Chinese ecommerce business
...On Wednesday, the group announced Wu was replacing longstanding executive Trudy Dai as chief executive of the Taobao and Tmall ecommerce platforms....
December 20, 2023
Tech start-ups
Toyota home ground becomes base for drone and space start-ups
...Moreover, Toyota Tsusho, the trading arm of the Toyota Group, is one of the start-up’s investors. “Toyota affiliates have a strong presence in the community, and their actions can have an impact....
February 13, 2024
Tidjane Thiam
Tidjane Thiam’s Spac in merger talks with life sciences group Human Longevity
...The former Credit Suisse chief executive plans to use his $345mn special purpose acquisition company, Freedom Acquisition Corp, to merge with Human Longevity Inc for an implied valuation of about $1bn, according...
June 20, 2022
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
TikTok Inc
Indonesian ban on social media transactions deals TikTok major blow
...Such was the potential that chief executive Shou Zi Chew in June travelled to the country and pledged to spend $10bn over the next five years....
September 27, 2023
Brookfield Asset Management Inc
Brookfield offers to buy insurer American Equity for $4.3bn
...A deal would end a public dispute that erupted last year, when a Brookfield executive resigned from the AEL board and criticised the company’s chief executive, Anant Bhalla, for what he said was a “fundamental...
June 27, 2023
Cryptofinance
PayPal’s crypto gamble Premium content
...Weekly highlights The SEC crackdown on crypto continues: late on Thursday evening the regulator announced that Bittrex Inc. and the platform’s co-founder and former chief executive William Shihara agreed...
August 11, 2023
News in-depthAltice Europe NV
Altice fraud arrests throw spotlight on Drahi’s elusive right-hand man
...The Portuguese executive has maintained a low profile after helping Drahi found the group two decades ago....
July 31, 2023
Due Diligence
Private equity’s field of dreams Premium content
...The insurer had entered into a multibillion-dollar reinsurance agreement with start-up private capital firm, 26North, founded by the longtime Apollo executive Josh Harris....
June 28, 2023
News in-depthIndian business & finance
Byju’s taught a lesson by investors unhappy with online learning group
...Byju’s has hired an affiliate of accounting firm BDO to take over as auditor....
July 9, 2023
Airlines
US authorities sue to block JetBlue takeover of Spirit airlines
...The four main US carriers and their regional affiliates control 80 per cent of routes in the US, while JetBlue estimated the combination with Spirit would control about 9 per cent of the market....
March 7, 2023
Style
Why young shoppers are cool with counterfeits
...Using brand names such as Hermès or Louis Vuitton in a social media video could also amount to an infringement if there is an element of trade involved, such as an affiliate programme....
April 25, 2023
News in-depthFootball31 min
Premier League betting sponsors: closed doors and companies within companies | FT Film
..., which is another Suncity affiliate company....
September 8, 2023
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
The Big Read
How the US fell out of love with flying
...The four major US carriers and their affiliate regional airlines now control 80 per cent of the routes in the United States, says William McGee, senior fellow for aviation at the American Economic Liberties...
February 2, 2023
The Art Market
Auction sales slide in Hong Kong
...The independent curator Fatos Üstek has replaced Clare Lilley at the helm of Frieze’s annual selling sculpture show in Regent’s Park....
December 8, 2022
YouTube Inc
YouTube secures $14bn NFL streaming deal as Big Tech chases sports rights
...“It’s a very loud wake-up call for traditional media companies,” said the chief executive of a longtime bidder for sports rights....
December 22, 2022
News in-depthAmerican Equity Investment Life Holding Co
How an insurer in Iowa became the most coveted asset on Wall Street
...Bhalla landed the chief executive job at AEL in early 2020 after stints at MetLife and AIG, where he had become a close ally of Peter Hancock, the longtime JPMorgan executive who had taken the helm of the...
December 29, 2022
Cerberus Capital Management LP
Opposition shadows Cerberus windfall from Albertsons supermarket deal
...In December 2017, for example, Albertsons-Safeway sold the real estate for 71 of its stores for $720mn to an affiliate of another private equity firm, Fortress Investment Group....
November 9, 2022
Digital banking
From Grab to Ant, Singapore’s digital bank race picks up pace
...GXS executives believe that by analysing this data, the bank can offer timely small loans, insurance products and other financial services....
February 20, 2023
Rana Foroohar
Decoupling spells an end to corporate opacity
...One of the most interesting is WireScreen, part of The Wire Digital Inc, a US-based news and data platform focused on China and global supply chains....
December 12, 2022
Walt Disney Co
Disney battles to revitalise ESPN in sporting rights race
...Inside ESPN, executives argue that the network is better served with the marketing might of the rest of the Disney company, which includes the ABC broadcast network....
September 16, 2022
Indonesia
China pushes ahead with Indonesia’s largest hydro-plant project
...A version of this article was first published by Nikkei Asia on August 31, 2022. ©2022 Nikkei Inc. All rights reserved....
September 7, 2022
X Corp
Twitter blames Elon Musk and advertising slump for revenue miss
...acquisition of Twitter by an affiliate of Elon Musk”....
July 22, 2022

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