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Gympass, Inc.
Corporate wellness start-up Gympass prepares for IPO with rebrand
...With a presence in 11 countries, Wellhub is a rare instance of a Latin American technology business accomplishing success outside of the region....
April 4, 2024
Fund management
JPMorgan and State Street quit climate group as BlackRock scales back
...Oklahoma, another oil producer, banned JPMorgan, BlackRock and others from doing business with the state in 2023....
February 15, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...The company’s major backers include billionaire Jeff Yass’s Susquehanna International Group, Sequoia Capital and its Chinese split-off HongShan as well as Yuri Milner’s DST Global and SoftBank....
March 15, 2024
InterviewCNN News Group
CNN’s Mark Thompson: ‘There’s plenty of things we have to fix’
...Thompson sees CNN as a neutral, trusted source, with a balance of right- and left-leaning viewers “that’s quite unusual in modern American media”....
April 17, 2024
Renewable energy
Microsoft to power data centres with big Brookfield renewables deal
...group....
May 1, 2024
News in-depthAnglo American PLC
South Africa ponders ‘corporate sunset’ for Anglo American
...Anglo’s journey from a South African corporate wealth creator to prey for a rival miner reflects the country’s own decline as a mining powerhouse, as well as the rising risks of doing business in the country...
May 9, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...SIG’s stakes include holdings in Chinese groups designing semiconductors and making chip design tools, as well as a cyber security start-up....
April 24, 2024
Tesla Inc
Elon Musk fires Tesla’s entire supercharger team
...He added: “What this means for the charging network, [North American Charging Standard] NACS, and all the exciting work we were doing across the industry, I don’t yet know....
April 30, 2024
Berkshire after Buffett
Berkshire after Buffett: prized energy business faces upheaval
...on natural gas, than Buffett, the most celebrated American business leader of the past half century....
May 3, 2024
FirstFT
FirstFT: Apple beats expectations
...More on the Israel-Hamas war: The leader of the militant group Hamas said it will send negotiators back to Cairo “as soon as possible” to resume talks to secure the release of Israeli hostages held in Gaza...
May 3, 2024
US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...It plans to expand flying capacity by 6 to 7 per cent this quarter as it reaps the benefit of a focus on international travel and the push to sell more premium-cabin seats....
April 10, 2024
Insurance
Anatomy of an AIG payday
...But AIG says of this lot “comprises companies of a similar size and business model that draw from the same pool of talent as AIG”....
June 1, 2023
Berkshire after Buffett
Berkshire after Buffett: the risk ‘genius’ pulling the insurance strings
...Apart from high-profile deals in which the Berkshire name is deliberately publicised, such as a 2017 transaction in which AIG paid it $10bn to take on some long-term commercial risks it had underwritten,...
May 2, 2024
Mondelez International Inc
Mondelez chief says investors do not ‘morally care’ if groups stay in Russia
...The Russian business now operates as a standalone unit, Van de Put said. The company sold fewer goods in 2023, he added, but was more profitable because of lower investment....
February 22, 2024
News in-depthNigeria
Currency crisis pushes consumer groups from Nigeria
...Yet for all the concerns being raised about doing business in Nigeria, some non-western consumer brands see an opportunity to provide Nigerians with cheaper alternatives as their bigger rivals pull back....
April 14, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
TikTok Inc
Biden says he supports bill to ban TikTok from US app stores
...“I don’t want Facebook, who cheated in the last Election, doing better. They are a true Enemy of the People!”...
March 8, 2024
Due Diligence
The FT puts Warren Buffett’s lieutenants under the microscope Premium content
...Goldman Sachs has promoted Dan Blank to co-chair of its global M&A group. He joined Goldman in 2021 and previously led Morgan Stanley’s North American industrials investment banking business....
May 2, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...“I appreciate that my business as an adviser builds on [proprietary] knowledge and not being transparent, but as insiders we can help on how to break down some of the walls,” Baer says....
April 18, 2024
The Week Ahead
UK holds local elections and Fed sets rates
...trading update, HSBC Q1, Lufthansa Q1, McDonald’s Q1, Mercedes-Benz Q1, Molson Coors Q1, Mondelez International Q1, OMV Q1, PayPal Q1, Pinterest Q1, Prudential Financial Q1, St James’s Place Q1 new business...
April 28, 2024
Xi Jinping
China’s Xi plays salesman-in-chief in meeting with US CEOs
...We’re doing better. We’re going to do better,” Orlins said....
March 29, 2024
Disrupted Times
Brussels blasts Big Tech
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
March 25, 2024
News in-depthIPOs
Blowout Reddit debut raises hopes of revival in dormant IPO market
...“If these conditions continue, this will push some people who were on the cusp into doing deals this year.”...
March 23, 2024
TikTok Inc
ByteDance’s US investors weigh options as bill to ban TikTok advances
...ByteDance’s US investors include the likes of private equity firm General Atlantic as well as Susquehanna International Group and Sequoia Capital....
March 15, 2024
FT MagazineSimon Kuper
Billionaires’ love for Trump could backfire
...Theoretically, he could set federal cops or tax inspectors on uncooperative businesspeople — exactly as he alleges that Biden is now doing to him....
April 4, 2024
Due Diligence
Private equity takes over golf Premium content
...Enemies turned potential business partners as the PIF struck a preliminary agreement to invest in the tour....
February 1, 2024

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