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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
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
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
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
ReviewFilm
Frida film review — glossy documentary tells the story of the artist’s life
...But Gutiérrez opts for a restlessly glossy style, amplifying the drama of the paintings which hardly need to be made more intense by animation; even in the black and white archive footage, she part-colourises...
March 7, 2024
Chinese trade
China’s bumper steel exports fuel oversupply concerns
...Tomas Gutierrez, Asia editor at Kallanish Commodities, said following the meetings, known as the “Two Sessions”, Chinese steel companies began offering export contracts at significant discounts....
March 21, 2024
News updates from November 20: OpenAI staff threaten to quit unless directors resign, Argentine stocks rally over election of Milei
NRG Energy CEO departs as company makes pact with Elliott Management
...NRG Energy chief executive Mauricio Gutierrez has left the company, as the US energy group came to an agreement with activist investor Elliott Management....
November 20, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Super Tuesday: How the night unfolded
Trump and Biden cruise to victory in Texas – AP
...He looks set to face Colin Allred, the former NFL linebacker and Congressman, who was leading his opponent Roland Gutierrez by a significant margin....
March 6, 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
Super Tuesday: How the night unfolded
Texas Democrats vie for chance to take out Ted Cruz
...He is trailed by state senator Roland Gutierrez, a more progressive leaning state senator, who has gained prominence as a vocal advocate of gun control since the 2022 Uvalde school shooting....
March 5, 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
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
Investor activism
Elliott campaign results in chief’s exit from US power company NRG
...power company....
November 20, 2023
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
ReviewFilm
Red Island film review — childhood adventure with splashes of fantasy
...While he puzzles over the lifestyle of his parents (Nadia Tereszkiewicz, Quim Gutiérrez) and their circle, he also becomes fascinated with a young Malagasy woman, Miangaly (Amely Rakotoarimalala), and her...
February 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
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
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
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...Andersen indicated to some staff that he would stay on in the short term as the company steadied itself ahead of the expected legal battle, the person added....
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
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
Utilities
NRG stands up to Elliott attack on ‘single worst deal’ in power sector
...At an investor day in June, Gutierrez said the company would commit to returning 80 per cent of cash to shareholders and refreshing the board. But Vivint was there to stay....
August 7, 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
Sovereign bonds
Israel-Hamas war sends jitters through neighbours’ debt markets
...“There was a knee-jerk sell-off but they all came back because it’s not like the conflict will dent the financing situation in the likes of the UAE, Qatar and Saudi Arabia,” Gutierrez said....
October 15, 2023

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