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Travel & leisure industry
Spain supplants UK as top hotel investment destination amid buoyant demand
...Singaporean sovereign wealth fund GIC acquired a 35 per cent stake in Spain’s Hotel Investment Partners from Blackstone Group, while Abu Dhabi Investment Authority, one of Abu Dhabi’s sovereign wealth funds...
April 14, 2024
Brookfield Asset Management Inc
Brookfield in talks to buy majority stake in $22bn airline lender
...Other investment outfits inside Brookfield’s credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which...
April 11, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Institutional Shareholder Services Inc
ISS clashes with German blue-chips over boardroom independence
...Munich Re chair Nikolaus von Bomhard and his BASF counterpart Kurt Bock were both previously the most senior operational executives at their respective groups....
April 17, 2024
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
US and UK accuse China of cyber attacks on politicians and companies
...defence, and Capitol Hill....
March 25, 2024
News updates from March 25: Boeing CEO to step down; UN Security Council calls for Gaza ceasefire
US and UK accuse China of cyber attacks on politicians and companies
...defence, and Capitol Hill....
March 25, 2024
The Big Read
The battle over TikTok
...Steven Mnuchin, an investor who served as Trump’s Treasury secretary, also said on Thursday that he was pulling together a group to buy TikTok....
March 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
TikTok Inc
Biden says he supports bill to ban TikTok from US app stores
...Meta suspended Trump’s Facebook and Instagram accounts following his support for the insurrection on Capitol Hill on January 6 2021 but the social media group reinstated him last year....
March 8, 2024
US presidential election 2024
Nelson Peltz to vote for Trump over fears of Biden’s ‘mental condition’
...Peltz gave more than $300,000 to Republican candidates and groups in 2023, according to Federal Election Commission filings, and more than $600,000 to Republican candidates and conservative causes in 2022...
March 19, 2024
TikTok Inc
US bill would ban TikTok from app stores unless ByteDance divests it
...One congressional aide said the bill was a “monumental moment” and that there was a “huge groundswell of bipartisan support” for the measure on Capitol Hill....
March 6, 2024
NBC Universal Inc
NBC cuts ties with former Republican party chair McDaniel after backlash
...She also criticised Republican lawmakers Adam Kinzinger and Liz Cheney for participating in a congressional panel to investigate the attacks on the US Capitol on January 6 2021, saying the committee was...
March 26, 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
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
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
PGA Tour Inc.
US senator vows to fight on against Saudi influence over golf
...Last month, the PGA Tour announced it would raise up to $3bn from Strategic Sports Group, a consortium led by Liverpool FC and Boston Red Sox owner John Henry....
February 12, 2024
Boeing Co
Pressure builds on Boeing as customers vent anger over grounding
...Dave Calhoun, chief executive, is due to meet lawmakers on Capitol Hill on Wednesday, including Senator Mark Warner from Virginia, where the company is headquartered....
January 23, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
FT Swamp Notes
Washington DC’s red herring on TikTok’s ‘digital fentanyl’ Premium content
...Capitol Hill on Wednesday finally reached consensus on something (anything!) when the House of Representatives voted overwhelmingly to force China to sell TikTok....
March 15, 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
US politics & policy
US bypasses Congress to approve sale of tank shells to Israel
...Israel, which is fighting a war against militant group Hamas in Gaza, will use these weapons “as a deterrent to regional threats and to strengthen its homeland defence,” it added....
December 9, 2023
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
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
Cryptofinance
BlackRock Buidls back better Premium content
...In a white paper last month a UK working group led by the Investment Association laid out two possible uses for tokenised funds: investing in tokenised securities and using it as collateral for bilateral...
April 12, 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
The FT ViewThe editorial board
How old-line Republicans missed their chance to stop Donald Trump
...When a battle-hardened US Congress returned to Capitol Hill on the night of January 6, 2021, the political career of Donald Trump seemed, to all intents and purposes, at an end....
March 8, 2024
TGI Fridays Inc.
TGI Fridays’ US operations to have London listing
...Welker is a partner at Sherborne, the investment group that led the break-up of former Hostmore owner Electra in 2021....
April 16, 2024
The Week Ahead
Spring is in the air
...Monthly inflation figures for March UK: Rio Tinto Q1 operations review US: IMF releases the first of its twice-yearly fiscal monitor report Results: Abbott Laboratories Q1, ASML Q1, Citizens Financial Group...
April 14, 2024

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