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Western business, the Kremlin and the war
Raiffeisen Bank trumpets Russia growth plans in dozens of job ads
...An anti-money-laundering job notes “ambitious goals to grow business with financial institutions, as well as foreign banks”....
April 16, 2024
Mondelez International Inc
EU set to fine Oreo maker Mondelez for blocking cross-border sales
...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
April 16, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Technology sector
China blocks use of Intel and AMD chips in government computers
...Among the 18 approved processors were chips from Huawei and state-backed group Phytium. Both are on Washington’s export blacklist....
March 24, 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
InterviewIndian business & finance
India seeks to secure critical mineral resources in race for lithium
...New Delhi is pushing state-owned mining groups to pursue mineral reserves in South America and Africa as well as inviting bids to develop domestic mining blocks as it seeks to expand industries such as electric...
April 23, 2024
TikTok Inc
TikTok’s US revenues hit $16bn as Washington threatens ban
...Most of the group’s business comes from China, where ByteDance runs TikTok sister app Douyin and a growing in-app ecommerce business....
March 15, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
The Week Ahead
Central bankers take centre stage
...The debate here is whether it will have the capacity to start cutting as soon as June. Our expert Chris Giles has much to say about this, and other central bank matters, in his excellent newsletter....
March 17, 2024
The Week Ahead
Russian elections and St Patrick’s Day celebrations
...FY Friday European Central Bank chief economist Philip Lane gives the guest lecture at Imperial College Business School in London France: February CPI and HICP inflation rate data Italy: February HICP...
March 10, 2024
Due Diligence
Death and succession at Berkshire Premium content
...He’s played a central role in some of Berkshire’s biggest takeovers, including PacifiCorp and Dominion Energy’s pipeline business....
May 7, 2024
The Week Ahead
Biden hosts Jordan’s King Abdullah and UK holds by-elections
...The meeting has been billed as an effort to find “an enduring end” to the crisis in Gaza, including “a two-state solution with Israel’s security guaranteed”, according to a White House statement....
February 11, 2024
The Week Ahead
South Carolina holds primaries as Super Tuesday nears
...Davis Q4, Zurich Insurance Group FY Friday Germany: final Q4 GDP data and Ifo business climate survey Russia: Defender of the Fatherland Day....
February 18, 2024
Disrupted Times
Central banks set to hold interest rates high into 2024
...Further growth in sales is expected as demand for generative AI services increases....
December 11, 2023
The Week Ahead
A run of elections while the WTO gathers in Abu Dhabi
...data Germany: February unemployment figures, plus CPI and HICP inflation rate data as well as monthly retail sales figures India: Q3 GDP figures US: January personal spending and PCE price index data...
February 25, 2024
News in-depthApple Inc
How Apple’s ‘tone deaf’ iPad ad signals a turning point
...“When you are as large as Apple . . . mediocrity of action creeps into every aspect of your business.”...
May 10, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...It now operates mobile sports betting in 22 states and online gaming in five. Its US business delivered its first full year of profitability last year....
March 29, 2024
FT Live
FT Women in Business Summit
Power and parity: Rewriting the rules for the future
Tuesday, 11 JuneLondon Marriott Hotel Grosvenor Square, Grosvenor Square, London, UK
Kenya
Kenya president set for landmark US state visit as Russia builds Africa influence
...Although Washington has said corruption is a “substantial barrier” to doing business in Kenya, Ruto appears highly regarded by officials in the US....
May 7, 2024
The Week Ahead
Groundhog Day rings true for US politics
...Germany: preliminary January CPI inflation rate data, plus retail sales figures. UK: Nationwide January House Price index US: Federal Open Market Committee rate-setting decision announcement....
January 28, 2024
Elon Musk
Elon Musk flies in to meet China’s premier as Tesla fights local rivals
...The group’s Chinese sales fell 4 per cent year on year in the first quarter, to 132,420 cars, according to data from Automobility, a Shanghai consultancy, even as total production of new energy vehicles...
April 28, 2024
US Treasury bonds
CME Group bids to enter US Treasury clearing business
...CME Group said it will apply to clear US Treasuries, becoming the first exchange company to publicly state its ambitions to grab a lucrative slice of the world’s biggest bond market....
March 12, 2024
The Week Ahead
Courtroom politics
...Financial markets closed Japan: February supermarket and department store sales figures Malaysia, Singapore: February consumer price index (CPI) inflation rate data Taiwan: February industrial output...
March 24, 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
LexHelen Thomas
The Lex Newsletter: Doing the splits Premium content
...Unilever’s new boss Hein Schumacher is swearing off the sweet treats, pledging to demerge its ice cream business as part of slimming down its bloated corporate footprint....
March 20, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...The figure represented a 13 per cent year-on-year decline, and research group Counterpoint said iPhone sales in the first six weeks of this year were also down 24 per cent from a year earlier....
March 21, 2024
Oil
Canada’s oil industry cuts reliance on US market as pipeline expands
...But for Canada’s oil companies, it means diversifying sales that have long been yoked to refineries in US Midwest and Gulf Coast states....
May 2, 2024
Transcript
Transcript: Big business bets on Modi
...So I think central bankers always have to pay attention to what other central banks are doing. And with the Fed, you know, they’re the most influential central bank on the planet....
April 19, 2024

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