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Related Special Reports
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...Documents from 2023 seen by the FT show ByteDance staff based in China on teams such as safety product operations reporting directly to US-based leaders and some global staff reporting directly to China-based...
...Corporation, despite both companies being on a US trade blacklist....
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...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
...Global prevalence of obesity more than quadrupled in girls between 1990 and 2022, rising from 1.7 per cent to 6.9 per cent, and going up from 2.1 per cent to 9.3 per cent among boys....
The flipside to higher rates is people want more for their savings, too
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
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...“I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full-service investment banking firm.”...
...Skydance, the film studio behind Top Gun: Maverick, has entered exclusive talks to take control of Paramount Global, which had rejected a $26bn takeover offer from buyout firm Apollo, said people briefed...
...Maybe in March it was, but in April it’s starting to look functional again,” said Alex Brill, chief executive of Matrix Global Advisors, a healthcare consultancy....
...The move by Britain’s largest sportswear retailer is part of an effort to become a “global sports-fashion powerhouse” set out by chief executive Régis Schultz after he joined in 2022....
...DD will be there, so rustle up a team of up to six and see if you have what it takes to beat us. Details here....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...The price continued to be depressed as the global trading day progressed and bitcoin was down 7.2 per cent at the point US markets opened....
...Paul Hastings has hired Alexander Temel as global co-chair of the firm’s private equity practice. He previously worked for Sidley Austin....
...If found guilty, companies face fines of up to 10 per cent of global turnover....
...The new entity will be named TGI Fridays, with the US and global operations remaining in Dallas under chief executive Weldon Spangler....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Reserving judgment on inflation Markets took yesterday’s hotter-than-expected CPI inflation report hard....
...I mean, sure, private equity dudes care, but should the rest of us?...
...Policy risks in other sectors are rising too, from Joe Biden as well as Trump; just look at US Steel....
...The company makes about four-fifths of its sales in the US, where the market is highly competitive....
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