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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
CEO projects share of sales will double as companies integrate technology into operations
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Ogilvy, which has previously worked with a host of pharma groups including Pfizer and Johnson & Johnson, is launching a business that offers vetted influencers to talk about illnesses and possible solutions...
April 23, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Person in the News
Sabato de Sarno, the designer who must turn around Gucci
...He also had the hall outside his office painted “Ancora” red....
March 23, 2024
HTSI
10 highlights from Milan Design Week
...But then you notice the discreet pedestals at each end of the installation, created by Los Angeles based PlayLab, Inc. Each showcases four “historiated sculptures” encased in glass....
April 16, 2024
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
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
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...But the groups “would prefer to solve their own problems, as opposed to have politicians solve it”, he said....
April 25, 2024
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
Purchase shines light on wealth accumulated by longtime chief executive Rich Handler
April 24, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
The American economist who once said the age of rapid innovation was over has a striking prognosis about AI
April 19, 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
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
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
Futures contracts
Goldman and Citadel Securities back Lutnick’s renewed tilt on futures market
...Goldman Sachs and Citadel Securities are among a group of 10 large trading groups backing bond pioneer Howard Lutnick’s renewed tilt on CME’s monopoly on the US Treasury futures market....
April 25, 2024
Apple Inc
EU probes Apple over App Store shutdown of Epic Games
Brussels seeks explanation from iPhone-maker after group behind ‘Fortnite’ has account terminated
March 7, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
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
Fashion shows
Sabato de Sarno inaugurates a new era at Gucci
...Certainly the collection — titled “Ancora”, meaning “again” — did not feel tailored to the wealthy, older consumers analysts have long complained that De Sarno’s predecessor Alessandro Michele failed to...
September 23, 2023
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
...Pharmaceuticals groups Pfizer and Moderna, which have both faced criticism from fringe groups over their Covid-19 vaccines, also spent heavily on security for their CEOs last year....
April 21, 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
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 👉👈
...MainFT, last night: 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...
April 23, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
April 18, 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

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