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WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...“An ageing population means more people are living with chronic illness, while more people than ever are seeking wellness and lifestyle solutions to better their health.”...
April 23, 2024
Media
RedBird IMI closes in on £1bn deal for UK studio All3Media
...That deal has been held up by regulatory scrutiny from the UK media watchdog, which has been asked by government ministers to look at potential press freedom issues surrounding an owner that derives most...
December 12, 2023
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Vivendi SA
Owners of O2 Arena and Hammersmith Apollo enter race for See Tickets
...For potential bidders, See Tickets offers a large primary ticketing merchant, which is projected to sell 43mn tickets across 10 countries this year, as well as an events arm which was behind eight big European...
December 11, 2023
Travel & leisure industry
Gymkhana’s owner raises funds to buy out investor with Abraaj ties
...It has tapped a consortium of wealthy individuals, family offices and celebrities for individual investments of more than £250,000, said three people familiar with the matter....
December 1, 2023
InterviewAirbnb Inc
Airbnb boss lays foundation for longer-term rentals
...Chief executive Brian Chesky told the Financial Times that from next year the online rental company would “go a little bit beyond its core business”, including an expansion of its experiences and services...
October 4, 2023
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...But the arrival of generic competition had gone “exceptionally well”, AbbVie’s incoming chief executive Robert Michael concluded at an investor event earlier this year....
April 25, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...An FDA advisory committee of outside experts will adjudicate on the drug in the coming months....
April 22, 2024
Covid-19 vaccines
Hedge fund urges board shake-up at Novavax over struggling Covid vaccine
...A top-five shareholder in struggling Covid-19 vaccine maker Novavax is calling for an “urgent shake-up” of the board and an overhaul of its sales strategy, as the stock is down 99 per cent from its pandemic...
April 15, 2024
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...Shockwave has an existing partnership with J&J-owned Abiomed, after Abiomed invested $15mn in Shockwave in 2018....
April 5, 2024
Airbnb Inc
Airbnb to pay €576mn settlement in end to tax dispute in Italy
...Last month, prosecutors also placed under investigation three individuals who had held managerial roles at Airbnb between 2017 and 2021....
December 13, 2023
Entain PLC
Entain ordered to pay £615mn to resolve Turkish bribery case
...The deal brings an end to the corporate investigation by HM Revenue & Customs that was first disclosed by Entain in 2020....
December 5, 2023
News in-depthWaterstones Booksellers Ltd
Waterstones IPO would open new chapter for bookseller, says James Daunt
...The performance of the group — which, including Barnes & Noble, spans nearly 1,000 stores and generates close to $4bn in sales — is robust enough that Daunt has an eye on a stock exchange listing, saying...
December 2, 2023
ESPN Inc
Can Disney’s ESPN become the US’s biggest sports betting company?
...Penn will pump an additional $150mn a year into marketing ESPN Bet, which is launching in 17 states....
November 14, 2023
Adam Aron
AMC boss Adam Aron was victim of blackmail attempt in catfish scam
...This individual is Aron, according to a person familiar with the matter. The news was first reported by Semafor, the news website....
October 12, 2023
News in-depthApple Inc
Apple aims for box office glory with rollout of Martin Scorsese epic
...But an Oscar for a homegrown Apple Original film would be another notch....
October 20, 2023
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...Additional reporting by Oliver Barnes in New York...
April 22, 2024
Tobacco
FDA issues ban on RJ Reynolds menthol-flavoured vapes in US
...Juul’s products were banned by the FDA last year but the DC Circuit Court of Appeals placed a stay on the marketing denial order and the FDA launched an additional review into its decision, allowing Juul...
October 12, 2023
Choice Hotels International Inc
Choice Hotels launches $10bn hostile bid for rival Wyndham
...Wyndham’s board said they had “unanimously rejected” Choice’s stock-and-cash offer, labelling it “highly conditional” and noting it was subject to “significant” regulatory risk from an antitrust review....
October 17, 2023
China
WPP-owned agency sacks Shanghai-based executive facing bribery claims
...involving an advertising company....
October 23, 2023
ExplainerTikTok Inc
What’s next for TikTok after Biden approves ban
...Although app stores and internet providers would be barred from hosting TikTok, individual users would not be subject to any legal enforcement....
April 24, 2024
Brexit
Trade groups hit at incoming UK Brexit border charge
...James Barnes, HTA chair, warned that small and medium-sized enterprises that typically imported multiple commodity codes per individual consignment would be hardest hit....
April 3, 2024
Chick-fil-A Inc
Chick-fil-A to make second attempt at UK launch after previous gay rights backlash
...The store’s Christian owners previously donated to Exodus International, an organisation advocating gay “conversion therapy”, before it closed in 2013 and issued an apology to the gay community for “years...
September 13, 2023
ReviewTelevision
Kate Winslet runs the show in The Regime on Sky Atlantic
...But like many an actual shaky regime, it is sustained by the force of personality of one charismatic individual — in this instance star Kate Winslet....
April 5, 2024
Entain PLC
Ladbrokes owner Entain puts aside £585mn to settle bribery probe
...The alleged offences at Turkish business Sportingbet fall under section 7 of the bribery act, where a company has failed to prevent an individual from bribing another person or entity on their behalf....
August 10, 2023
The Big Read
The dark side of the US sports betting boom
...Betting operators do however offer the option to self-exclude on their own individual apps....
August 10, 2023

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