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News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
US sues to block Tapestry’s $8.5bn acquisition of Capri Holdings
...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 LVMH and Kering....
April 22, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
US sues to block Tapestry’s $8.5bn acquisition of Capri Holdings
...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 LVMH and Kering....
April 22, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
News updates from April 18: Netflix profits surge; Jurors selected for Trump’s ‘hush money’ trial
TSMC net profits jump 8.9% on strong demand for AI chips
...Taiwan Semiconductor Manufacturing Company has reported an 8.9 per cent increase in net profit for the first quarter of 2024 compared with the same period last year....
April 18, 2024
Irish economy
Ireland forecasts €8.6bn budget surplus this year
...Ireland is expecting bumper corporation tax receipts to deliver an €8.6bn budget surplus this year, giving the government leeway in an expected pre-election budget even as it cautions that the outsized contributions...
April 23, 2024
News updates from March 5: China targets 5% GDP growth in 2024, Gold and Bitcoin hit record highs
Indonesia’s Prabowo Subianto vows to boost annual economic growth to 8%
...Prabowo Subianto, the presumed winner of last month’s Indonesian presidential election, said he was confident the country can achieve 8 per cent growth within four to five years....
March 5, 2024
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Australian regulator fines stock exchange over 8,000 rule breaches
...Australia’s stock exchange has been fined after it was found to have breached a rule related to transparent information around trades on more than 8,000 occasions....
March 7, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
Retail & Consumer industry
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach
...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 LVMH and Kering....
April 22, 2024
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
UK competition watchdog to investigate 8 housebuilders for information sharing
...The CMA said a year-long study of the sector had also found “substantial concerns” about estate management charges, “with homeowners often facing high and unclear charges for the management of facilities...
February 26, 2024
News updates from February 13: US inflation slows to 3.1%, Gazans flee Rafah ahead of expected invasion
UK wage growth eases to 5.8%
...That was down from a summer peak of 8.5 per cent and from 6.7 per cent in the three months to November. Economists polled by Reuters had expected the pace to fall to 5.6 per cent....
February 13, 2024
News updates from March 20: Fed signals 75 bps of 2024 cuts; Reddit prices shares at top end of IPO range
Intel to receive $8.5bn in US funding for high-end chip manufacturing
...Intel will receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion in the sector and...
March 20, 2024
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
Disney strikes $8.5bn deal to merge India business with Reliance Industries
...Walt Disney has struck an $8.5bn deal to merge its India business with Mukesh Ambani’s Reliance Industries conglomerate, in a move that will reduce the entertainment group’s financial exposure to what has...
February 28, 2024
News updates from February 20: Walmart flags sales slowdown; China cuts mortgage lending rate
Nvidia heads for worst one-day drop in 8 months as US stocks fall
...The S&P 500 was down 0.8 per cent in mid-afternoon trade, while the Nasdaq Composite fell 1.4 per cent amid a sell-off in tech shares....
February 20, 2024
News in-depthUK house prices
London house prices underperformed rest of UK for past 8 years
...Official data this week shows that house prices in the capital were 4.8 per cent lower in February 2024 compared with the year before, much worse than the 0.2 per cent contraction registered in the same...
April 19, 2024
News updates from February 6: US court denies Trump presidential immunity, Boeing jet in Alaska Airlines blowout was missing bolts
Hertz leaps 8% on plans to cut costs and pare ‘expensive’ EV rental fleet
...The reductions will probably include Teslas, which Hertz chief executive Steven Scherr said had become “a more expensive proposition” after their price cuts....
February 6, 2024
Indonesian politics
Indonesia’s Prabowo Subianto vows to boost economic growth to 8% within five years
...My own estimate is that within the next 4 to 5 years, we can see 8 per cent growth, maybe more,” he said....
March 5, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
US new home sales jump to 6-month high
...Inventory for new builds declined 5.7 per cent in March to 8.3 months of supply from 8.8 in February. The median sales price in March rose to $430,700 from $406,500 in February....
April 23, 2024
News updates from January 2: Drone strike kills senior Hamas leader, Tesla overtaken as biggest EV maker
Iberdrola calls off $8.3bn acquisition of PNM Resources
...Iberdrola has called off the $8.3bn acquisition of PNM Resources in the US, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in the American utilities...
January 2, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
Risers and fallers in Europe
...Hemnet: Shares in the Swedish property platform fell 8.7 per cent after it reported a fall in revenues in the first quarter of the year amid an uncertain market backdrop....
April 23, 2024
News updates from January 4: US air strike kills Iran-backed militia commander, German inflation rises to 3.8%
German inflation rises to 3.8% in blow to rate cut hopes
...Inflation in Europe’s largest economy rose at an annual rate of 3.8 per cent in December, up from 2.3 per cent a month earlier, according to the harmonised index of consumer prices released by the federal...
January 4, 2024
News in-depthUK infrastructure
Water companies pay £2.5bn in dividends in two years as debt climbs by £8.2bn
...Thames Water, for example, had received no new equity since privatisation until it received £500mn in the form of a loan bearing 8 per cent interest from parent company Kemble....
April 15, 2024
Transcript
Transcript: Episode 8 — The Red Notebook
...Episode 8: The Red Notebook. Back when I started at the FT as a trainee reporter 15 years ago, I never expected I’d end up writing about organised crime....
December 26, 2023
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
FTSE 100 closes at record high
...Britain’s blue-chip index rose 1.6 per cent to finish at 8,023.87 — eclipsing the previous closing high of 8,014.31 it hit in February 2023....
April 22, 2024
ReviewGaming
Tekken 8 and how the fighting game is fighting back
...Tekken 8 introduces a system called Special Style, which helps newcomers pull off impressive moves from the start, alongside a pair of single-player campaigns that better explain the game’s lore and mechanics...
January 25, 2024
UK general election
Inside Politics: who will win the UK general election?
...Registration comes with 90-day access to a recording....
April 16, 2024
Live news: Biden says he is ‘happy’ to debate Trump
Risers and fallers in the US
...Share moves to note on the New York Stock Exchange after a busy morning of corporate earnings include Snap, ExxonMobil, and Newell Brands: Snap shares surged 26.8 per cent after the social media platform...
April 26, 2024

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