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EY
EY took on $700mn in debt for doomed ‘Project Everest’ spin-off plan
...“The financing facility has been utilised to support previous investments in new technology, managing cash flow and growing specific practices....
February 11, 2024
EU defence
EU looks to bypass treaty ban on buying arms to support Ukraine
...That fund — the European Peace Facility — requires cumbersome negotiations between 27 capitals each time it needs to be replenished....
March 21, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Biotech
Drugmakers race to find alternative suppliers as US cracks down on Chinese biotech
...In March, the Biotechnology Innovation Organization (Bio), a US-based trade body that represents more than 1,200 biotechs worldwide, came out in support of the bill and cut ties with WuXi companies, after...
April 11, 2024
Media
Avatar director James Cameron backs new UK studio scheme
...“But embracing that opportunity necessitates support and boldness in thinking....
April 22, 2024
War in Ukraine
Brussels audits EU states’ arms supplies to Ukraine
...The EU’s diplomatic service, the External Action Service (EEAS), is conducting the audit of weapons supplied by member states since Russia’s full-scale invasion of its neighbour in February 2022, three EU...
January 16, 2024
Aerospace & Defence
Chinese flying taxi sector claims global lead thanks to regulatory support
...He said that AutoFlight had “no direct support from state-owned funds or governments”, nor was it involved in Beijing’s military-civil fusion programme, expanded under President Xi Jinping to improve the...
April 22, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
News in-depthRoyal Mail
Robot arms and the humble postie: how Royal Mail plans to deliver
...The process is two to three times quicker than at more traditional facilities....
April 5, 2024
War in Ukraine
Russia destroys Kyiv’s largest power plant
...The state emergency service reported damage to facilities in each of the targeted regions and said more than 200 first responders were at the scenes....
April 11, 2024
Special ReportEurope’s Leading Start-up Hubs
The UK’s support network of hubs helps young companies grow
...In the UK, there is still a well-established support network of start-up hubs to help young companies survive changes in the economic climate....
March 14, 2024
Cryptocurrencies
Hong Kong digital assets exchange warns over viability of city’s new crypto rules
...“Otherwise, forget 24 companies, I think [the market] couldn’t even support four.” HashKey’s move overseas stands in contrast to the rush from other companies to secure a local licence....
April 12, 2024
War in Ukraine
Germany arrests suspected Russian spies over bombing plot
...Industrial and transport facilities had also been identified for potential attacks by them. Photographs, videos and maps had been made of sites that might be suitable targets....
April 18, 2024
Canary Wharf Group PLC
Canary Wharf gains £118mn loan in Budget
...Canary Wharf Group will receive a £118mn loan from a government housing infrastructure fund to support developing a life-sciences centre, a healthcare diagnostic facility and several hundred new homes....
March 6, 2024
News in-depthPhilanthropy
Philanthropy funds community services as UK state support withers
...OnSide is one of the modern networks of youth centres being funded by patrons searching as cash-strapped councils withdraw from directly providing such facilities....
December 29, 2023
UBS Group AG
UBS to sell $8bn of loans to Apollo
...The deal also included an agreement where Atlas would provide investment management services to some of the assets Credit Suisse retained....
March 27, 2024
War in Ukraine
European capitals seek $1.5bn in fallback plan to arm Ukraine
...Prague has taken the initiative as capitals squabble over extending the EU’s main military support facility for Kyiv....
February 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
War in Ukraine
Russia sacks naval commander after humiliating Black Sea losses
...Satellite images appeared to support their assessment....
March 11, 2024
Artificial intelligence
Booming AI demand threatens global electricity supply
...To support these changes, many nations will need to reform their electricity grids, according to analysts....
April 17, 2024
War in Ukraine
Putin blames Islamists for Moscow attack while implicating Ukraine
...He did not provide any evidence to support his statement that Ukraine was involved....
March 25, 2024
Gideon Rachman
The Biden dilemma on Israel
...There has been intermittent talk that Israel or the US will bomb Iran’s nuclear facilities....
April 15, 2024
Middle East
Alvarez & Marsal restructuring executive detained in UAE
...The SEC on December 22 charged Brooge and two of its former executives with fraud after it found that the company had “created false invoices to support inflating revenues from its oil facilities in Fujairah...
January 15, 2024
BBC
Cash-strapped BBC sells off Elstree home of ‘EastEnders’
...Axa is finalising plans to invest in expanding the studios and adding support facilities....
January 16, 2024
Special ReportUK’s Leading Management Consultants
‘We’re all busy again’, say UK restructuring experts
...More than 25,000 companies in Britain registered as insolvent in 2023, a 14 per cent increase on 2022, according to the UK’s Insolvency Service....
February 29, 2024
Special ReportFT High-Growth Companies Asia-Pacific
How Singapore became Asia’s go-to hub for start-ups
...Skrya, which is profitable, has a number of facilities and a team of roughly 10 employees in Singapore....
April 3, 2024
Tony Barber
Terror attack creates a central Asian dilemma for Putin
...These are often low-skilled young men employed in agriculture, construction, manufacturing, personal services and trade....
April 10, 2024
Atos SE
Atos wins financial lifeline as it seeks more than €1bn in new financing
...Atos, which provides IT and cyber security services to companies and governments, said it needed €600mn in cash to finance its business between now and 2025, as well as €600mn in credit facilities and loan...
April 9, 2024

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