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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...The rhetoric is a lot more cautious.”...
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Carolyn Solan, head of external partnerships at consumer drugs group Haleon, which largely produces over-the-counter drugs that can be advertised more easily, said that “while partnering with expert patients...
April 23, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
April 19, 2024
News updates from October 31: Israeli air strikes hit Gaza refugee camp, Blinken to travel to Israel again
Bank of Canada rate-setting group ‘has not started’ discussing when to cut
...The BoC’s “governing council has not started talking about when we’ll reduce interest rates”, she said....
October 30, 2023
News updates from October 30: S&P 500 notches biggest gain in two months as Fed meeting looms, General Motors in tentative deal to end UAW strike
Bank of Canada rate-setting group ‘has not started’ discussing when to cut
...The BoC’s “governing council has not started talking about when we’ll reduce interest rates”, she said....
October 30, 2023
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
April 23, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Airlines
US airlines under fire for raising baggage fees again
...The group estimated the rule would cost airlines $33bn over 10 years....
March 10, 2024
Jefferies Group Inc
Jefferies boss sells $65mn in stock to buy a customer’s yacht
...A person familiar with the matter said the boat was a Westport 164ft yacht being purchased from Fertitta, the hospitality billionaire....
April 24, 2024
Inside BusinessCheng Leng
Chinese banks’ global expansion faces new hurdles
...ICBC and BOC have been setting up more branches along the Belt and Road regions across Asia to diversify away from previous focus on developed markets....
April 8, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
April 18, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...The combined group not only controls an estimated 70 per cent of the market for ticketing and live events but it also manages artists and either owns or has exclusive contracts with major concert venues....
April 18, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
April 24, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
...The chair bounces off and hits her in the face.”...
April 19, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
March 29, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
April 3, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...The retail business’s profit margin was 2 per cent last year, compared with 5.8 per cent for the group as a whole over the same period....
April 15, 2024
Lok'nStore Group PLC
Lok’nStore agrees £378mn takeover by Belgian-listed rival Shurgard
...Lok’nStore is set to become the latest company to leave the UK stock market, after the self-storage group agreed to be bought by Belgian-listed rival Shurgard for £378mn....
April 11, 2024
Apple Inc
EU probes Apple over App Store shutdown of Epic Games
...The commission said it was investigating under the Digital Markets Act, a new law aimed at curbing the power of the biggest online platforms....
March 7, 2024
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...Since then, SIG has put over $3.5bn into more than 350 Chinese start-ups, making Yass’s group among the leading foreign venture capital firms in the country, according to research group ITjuzi....
April 24, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...group said in a filing earlier this year....
April 21, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
March 25, 2024
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...The antitrust regulator on Monday alleged that the acquisition would eliminate “head-to-head” competition among the groups’ brands, including Capri’s Michael Kors as well as Tapestry’s Kate Spade and Coach...
April 23, 2024
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
April 23, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...“This is the beginning, not the end, of this long process,” Beckerman told TikTok employees. The group is set to hold a town hall for staff on the US situation on Wednesday....
April 22, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
April 18, 2024

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