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News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates
Nestlé sales fall more than expected
...The KitKat maker posted a drop in real internal growth — a proxy for sales volumes — of 2 per cent in the first three months of the year, lower than an expected 0.5 per cent drop....
April 25, 2024
Climate change
Heatwave-linked deaths in Europe reported up 30% over past 20 years
...Seasonable forecasts indicated that the coming June, July and August in Europe were also “more likely than not to be warmer than average for temperatures”....
April 22, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
Abrdn boosted by better than expected inflows
...David McCann, analyst at Numis, said the flows were better than expected....
April 24, 2024
Nilanjana Roy
Why authors’ letters sometimes say more than their books
...The pleasure of reading letters as opposed to a biography is that you see the life as it happens: in real, uncompressed time rather than in retrospect....
April 23, 2024
Correction
Correction: Silverstripe
...Venture capital fund Silverstripe backs mortgage lender Perenna, rather than Silverstream as incorrectly stated in an analysis on April 23....
April 24, 2024
Jo Ellison
How to start a conversation
...Suspecting the question was more a test of my reaction than any interest in what I really thought, I responded with the most facetious answer I could think of and made an eejit of myself....
April 27, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Live news: Macron calls for overhaul of eurozone monetary policy
US stock futures decline after weaker than expected GDP figure
...US stock futures extended their declines and government bonds came under pressure following a weaker than expected GDP figure....
April 25, 2024
JD Sports Fashion PLC
JD Sports to deepen US reach with $1bn bid for Hibbett
...JD shares, which fell sharply after a profit warning at the start of the year, were up more than 5 per cent on Tuesday....
April 23, 2024
Michael Stott
Peru’s problems run deeper than Rolexes
...The informal sector, employing more than 70 per cent of workers, has flourished....
April 4, 2024
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
Australian bonds and dollar fall on higher than expected inflation
...Australian inflation cooled in the first quarter but was slightly higher than expected, prompting a sell off in the country’s bond and currency markets on Wednesday....
April 24, 2024
News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
US retail sales rise more than expected
...US retail sales were much stronger than expected in March, as consumers kept spending despite uncertainty about the future path of interest rates....
April 15, 2024
Markets InsightHuw van Steenis
Is the boom in private credit losing steam?
...Private credit has less than 5 per cent of these types of loans, mostly packaged for insurers....
April 23, 2024
LexFund management
UK’s asset managers need more than a change in macro mood Premium content
...It will take more than a shifting macro backdrop to turn these shops around. louise.lucas@ft.com...
April 22, 2024
Inside BusinessDavid Keohane
Why Nissan needs more than a gamble on solid-state batteries
...After all, no carmaker has yet managed to achieve mass production and Nissan’s solid-state factory remains home to hopes rather than actual machinery. david.keohane@ft.com...
April 24, 2024
Food & Drink
Braised rabbit, fennel and smoked bacon — a Margot Henderson recipe
...Farmed rabbit is easier to cook than wild, but the latter has more flavour. You can ask your butcher to joint it or chop it into chunks. Any additional bits such as the head can be made into stock....
March 23, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
UK public finances
UK borrows more than expected in blow to tax cut hopes
...However, this was higher than the £10.2bn forecast by economists polled by Reuters....
April 23, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
UK’s higher than expected borrowing casts shadow on tax cut plans
...However, this was higher than the £10.2bn forecast by economists polled by Reuters....
April 23, 2024
Norway's Oil Fund
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
April 24, 2024
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
April 24, 2024
News updates from April 25: US economy grew less than expected in Q1; Microsoft and Alphabet beat Wall Street estimates
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
April 24, 2024
Microsoft Corp
Microsoft’s cloud sales receive a boost from AI
...“Near-term AI demand is a bit higher than our available capacity,” said chief financial officer Amy Hood, which would affect the computing power available to customers seeking to deploy generative AI systems...
April 26, 2024
Insider trading
Former PR adviser handed 3-year insider trading sentence in ‘breakfast trust’ trial
...The 48-year-old, who cannot be named for legal reasons, was found guilty by a panel of five judges of making more than €14mn in profit between 2017 and 2021 from trading on inside information shared by a...
April 26, 2024
US interest rates
Investors lose hope of rapid US interest rate cuts this year
...The S&P 500 index of blue-chip companies is up more than 9 per cent since the start of the year....
April 8, 2024
Skechers USA Inc
Skechers’ family troubles
Nepotism: harder than you think
March 8, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
UK wage growth comes in higher than expected
...UK wage growth was higher than expected in the three months to February, despite a weaker jobs market in which unemployment edged up, vacancies fell and more people chose not to work or look for work....
April 16, 2024

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