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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
April 23, 2024
Google LLC
Google considers charging for AI-powered search in big change to business model
...Google this year added a new premium tier to its Google One consumer subscription service for users who wanted to use its most advanced Gemini chatbot....
April 3, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
April 23, 2024
Financial services
How’s the PE Winter looking?
...It’s not that the funding wasn’t available. It’s more that leveraged buyouts don’t work so well when the cost of debt doubles....
April 25, 2024
Schlumberger NV
World’s largest oilfield services group has no plans to leave Russia
...But unlike its rivals, it still retains a presence in the country....
March 25, 2024
LexPoste Italiane SpA
Poste Italiane, unlike Royal Mail, brings both the mail and the cash Premium content
...Shares in its holding company International Distributions Services languish below the October 2013 initial public offering price. The weight of its public service obligations weighs heavily....
April 5, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
LexCitigroup Inc
Predictions: mind the valuation gap at Citi Premium content
...Any rebound for Citi next year starts in its services unit, offering working capital and payment facilities to its multinational corporate clients....
December 28, 2023
Exchange traded funds
European investors pour money into defence ETFs
...“It remains to be seen how this translates into increased allocations,” he added....
April 30, 2024
Post Office scandal
UK Post Office scandal exposes risks of Fujitsu’s hands-off approach
...-year high on hopes for governance reform, chief executive Takahito Tokita had also won over investors by selling off non-core businesses and strengthening the company’s focus on information technology services...
January 21, 2024
Berkshire Hathaway Inc
Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...Starting in July, listing services will no longer disclose commissions under the terms of the NAR settlement, making it easier for buyers and sellers to hire agents for reduced services and fees, or forgo...
April 26, 2024
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
March 27, 2024
Tesla Inc
Tesla shares surge after Elon Musk secures deal with China’s Baidu
...“It’s not a certification. It’s not an approval. It’s just an assessment....
April 29, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
April 3, 2024
Inside BusinessRichard Waters
Meta’s gamble on chatbots opens new wave of tech competition
...Four years ago, before Meta (then Facebook) launched its own short video service, Reels, TikTok was seen as the greatest threat to its dominance....
April 25, 2024
Eurozone economy
Eurozone business activity rises to 11-month high
...Investors expect the ECB to start cutting its benchmark deposit rate from an all-time high of 4 per cent at its meeting on June 6....
April 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
...It will also allow merchants to charge different prices to consumers based on which credit card they use....
March 26, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It added that it was looking at services including Google Shopping and Google Flights over whether the company was giving preference to these in its search results....
March 25, 2024
Exchange traded funds
Flows to European ESG exchange traded funds halve in first quarter
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
April 25, 2024
Tesla Inc
Tesla’s biggest problem: cars
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
April 26, 2024
Accountancy
Investors left in the dark after US companies fail to file on time
...how it reviews loans....
March 1, 2024
World Wrestling Entertainment, Inc.
Netflix strikes $5bn deal to livestream WWE’s Raw show
...The streaming service is betting that screening three live programmes a week will allow it to capture the large and loyal fan base for a show that helped launch the careers of Dwayne “The Rock” Johnson,...
January 23, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
April 19, 2024
Airlines
US airlines under fire for raising baggage fees again
...But Southwest, which heavily markets its “Bags fly free” policy, endorsed it....
March 10, 2024
LexElaine Moore
The Lex Newsletter: AI spending plans are spooking the market Premium content
...It recently announced a five-year, $1.1bn deal with Coca-Cola to use cloud and AI services. In its earnings call this week it said that demand for AI tools slightly exceeded capacity....
April 26, 2024
Unhedged
Inflation is not going quietly Premium content
...In Europe, the competition authorities have fined the company €1.8bn for suppressing competition from rival music streaming services on its platform....
April 11, 2024

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