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EG Group
EG Group in talks to sell some UK assets to co-founder Zuber Issa
...EG Group is in talks to offload some UK assets to billionaire co-founder Zuber Issa in what the company told investors was an attempt to reduce the debt pile of its petrol-station empire....
March 6, 2024
Liberty Media Corp
Formula One owner closes in on €4bn deal for MotoGP
...Formula One owner Liberty Media is in exclusive talks to buy the company that owns MotoGP for more than €4bn, in a deal that would unite the elite car and motorcycle racing series, according to people familiar...
March 27, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Informa PLC
Informa employee snubbed Israeli tech firm citing company policy
...The Israeli tech company had been attempting to register a senior director at the annual Finovate conference, a global event for financial technology companies....
January 31, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Spin-offs from corporate icons GE and 3M have mixed first- week performance
...the separation of its healthcare unit, now trading as a separate company called Solventum....
April 5, 2024
LexElaine Moore
The Lex Newsletter: AI spending plans are spooking the market Premium content
...autonomy, I think they should not be an investor in the company.”...
April 26, 2024
LexDarktrace
Darktrace exit snuffs out another light on the London market Premium content
...Other suitors may yet emerge, pushing up the premium. But the cyber specialist, still among the better performers of the IPO crop of 2021, has had a very bumpy three-year ride as a public company....
April 26, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
L'Occitane International SA
L’Occitane owner offers to take skincare group private at €6.5bn valuation
...the offer, the company said....
April 29, 2024
Paul Killik
Why buying company shares has gone out of fashion
...These investors, however, have very little say in the running of the companies contained in their funds, unlike direct shareholders....
April 5, 2024
Executive Pay
Ex-Smiths chief set for pay bump after quitting UK conglomerate for smaller US group
...The planned retention package was linked to a target of doubling the company’s share price over a number of years, the people said....
April 22, 2024
Live news: UK mortgage approvals at highest level in 18 months
What to watch in North America today
...Other companies: Eli Lilly, Coca-Cola, McDonald’s, PayPal, Marathon Petroleum, 3M, GE Healthcare, Archer Daniels Midland, Restaurant Brands and Molson Coors report earnings before the bell....
April 30, 2024
News updates from October 24: Alphabet’s cloud unit misses on sales, UK unemployment rises to 4.2%
3M upgrades full-year profit forecast
...the third quarter, largely driven by a pre-tax charge of $4.2bn related to a $6bn settlement with combat army veterans over the company’s earplugs that they claimed failed to protect them from hearing loss...
October 24, 2023
Janan Ganesh
The rise of the political casual
...There is a misconception that football fans aim to avoid people who have zero interest in the sport. No. The real drag is the casual: the office pest who wonders how “your lot” got on over the weekend....
February 9, 2024
LexArtificial intelligence
Rent the Runway needs more than AI to go from rags to riches Premium content
...The stock, worth $345 when the company went public in October 2021, now trades at just over $11, to give RTR a market value of $41mn....
April 19, 2024
ReviewDance
Hung Dance, London review — a man, a woman and a giant feather
...It was a busy, buzzy Friday night at Notting Hill’s Coronet Theatre, where the 30-artist, 16-day Taiwan Festival was entering its second week with Taipei’s Hung Dance company....
April 22, 2024
FT News Briefing podcast11 min listen
A look at Temu’s murky business model
...Plus, the FT’s Dan McCrum unpacks the mystery behind how Temu took over the retail world....
March 8, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...The two companies revealed last month that they were in talks about the North Sea assets and on Tuesday, confirmed the deal had been agreed....
April 23, 2024
Travel
Shortcuts: Explora launches new expeditions and the ‘power-hour’ lunch comes to London
...Now though, the company is looking beyond its core business of luxury lodge-based trips....
March 30, 2024
Gillian Tett
Green audits are coming for a company near you
...Since most large American entities touch the Golden State, this will suck 8,000 companies into the net, according to Crunchbase estimates....
February 29, 2024
LexUS & Canadian companies
3M/Aearo: high rates prompt farewell to arms from tort claimants Premium content
...In June, a judge dismissed the petition, insisting Aereo and 3M lacked the requisite financial distress to use the bankruptcy system. It has been a summer of settlements for 3M....
August 29, 2023
John Thornhill
The Klarna drama reveals a governance gap
...The company was swimming in a sea of losses after expanding aggressively in the US....
February 29, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...With over $155bn in cash at the plan’s inception, Apple had the funds and reputation to pose a credible threat to the car industry. The company has ramped up research spend....
March 7, 2024
Special ReportFT High-Growth Companies Asia-Pacific
Australia’s Commonwealth Bank tie-in gives More Telecom a boost
...Morgan argues that the difference is CBA acquired a direct stake in the telecoms company and took a board seat....
April 3, 2024
Transcript
Transcript: Is the CV dead?
...It’s her voice you heard at the top of the show. Jess is one of the co-founders of Vizzy, a company looking to replace the drab CV with something slicker....
March 5, 2024
The Big Read
The battle over TikTok
...the person close to the company....
March 15, 2024
News updates from August 29: 3M settles earplug lawsuit, Bitcoin soars on Grayscale ETF court ruling
3M settles earplug lawsuit for $6bn
...But in June a US federal judge dismissed the bankruptcy of a 3M subsidiary, prompting the company to seek an alternative strategy to handle the litigation. Read more on 3M here...
August 29, 2023

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