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Entain PLC
Entain examines possible sale of overseas gambling brands
...Headhunter Spencer Stuart is running a search process for Nygaard-Andersen’s replacement....
March 14, 2024
Letter
Letter: With LVT, there’s no need for crazy property levies
...Carol Wilcox Christchurch, Dorset...
April 19, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Letter
Letter: Non-doms: a short-sighted ploy driven by an election
...Despite the grandstanding, the fact remains that the non-dom regime is a generally beneficial provision that attracts wealthy foreigners to the UK....
March 8, 2024
News updates from December 13: Fed signals rate cuts in 2024, BP former CEO to forfeit up to £32.4mn after ‘serious misconduct’
Entain chief executive Jette Nygaard-Andersen steps down
...Nygaard-Andersen said: “The past three years have been rewarding and challenging in equal measure....
December 13, 2023
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...Andersen joined ByteDance from Microsoft in 2020, meaning his large stock pay package would be fully vested after four years on the job, according to a person familiar with the matter....
April 22, 2024
Watches & JewelleryDeconstructed Watch
Deconstructed watch: Andersen Genève Tempus Terrae
...Back in 1969, Dane Svend Andersen did just that: using tiny, especially adapted tools he assembled a fully-working timepiece inside a bottle, which was shown at Switzerland’s Montres et Bijoux exhibition...
November 17, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Entain PLC
Gambling group Entain’s chief steps down
...Entain’s chief executive Jette Nygaard-Andersen has stepped down with immediate effect after coming under fire from investors for a languishing share price and a series of costly acquisitions....
December 13, 2023
ReviewTelevision
Carol & the End of the World, Netflix review — surprisingly tender apocalyptic cartoon
...In the accountancy department of a forgotten company, Carol meets other lonely souls who’d rather scale a mountain of paperwork than Everest....
December 20, 2023
Climate change
Lack of controls on climate engineering risks lasting damage, UN says
...,” Inger Andersen, executive director of the UN environment programme, told the Financial Times....
March 6, 2024
Entain PLC
Entain names new chair as hunt for chief continues
...Although shares mounted a partial recovery following Nygaard-Andersen’s departure, they were hit again last month when the company warned of a potential impact from regulatory changes in the Netherlands...
April 4, 2024
Letter
Letter: What Mark Twain said about property’s appeal
...Carol WilcoxSecretary, Labour Land CampaignChristchurch, Dorset, UK...
December 29, 2023
Carlsberg AS
Carlsberg warns of further price rises as inflation continues to bite
...“We’re not seeing any let-up in the overall cost picture of the business,” said chief executive Jacob Aarup-Andersen....
February 7, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
Ladbrokes owner Entain replaces chair as search goes on for new chief executive
...David has been holding the fort at Entain, which owns Ladbrokes and Coral, since Jette Nygaard-Andersen resigned in December following investor unrest over a string of acquisitions....
April 4, 2024
Letter
Letter: Farcical yet fascinating
...Carol WilcoxChristchurch, Dorset, UK...
October 23, 2023
Due Diligence
Leavin’ on a Jette plane Premium content
...A number of activists have bought stakes in Entain, whose shares are down 40 per cent since August, casting a negative spotlight on Nygaard-Andersen’s leadership....
December 14, 2023
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Investments
Directors’ Deals: Departing StanChart banker sells shares
...Interim chief executive Stella David seems to think there is hope for the share price following Nygaard-Andersen’s exit....
March 22, 2024
News in-depthEntain PLC
Gambling group Entain’s chief under pressure as activists circle
...Nygaard-Andersen was “only asking for time”, said one top-10 shareholder. “She isn’t actually offering a solution.”...
December 8, 2023
United Parcel Service Inc
UPS to cut 12,000 jobs as outlook falls short on weak parcel demand
...Describing the job cut as being about a “new way of working” chief executive Carol Tomé also confirmed the company was returning to a policy of employees coming to the office five days a week....
January 30, 2024
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
Carlsberg reports strong revenue growth
...“We delivered a solid set of results for 2023, which were achieved despite a challenging consumer environment, significant inflationary pressure and currency headwinds,” said chief executive Jacob Aarup-Andersen...
February 7, 2024
InterviewLunch with the FT
Writer Joyce Carol Oates: ‘So much of life is accidental’
...Joyce Carol Oates is stunned to find me at the restaurant. Just minutes before, she was told that all the trains between New York and Princeton, New Jersey, had been cancelled....
August 4, 2023
FT SeriesThe world’s best house museums
House museums #57: Pearl S Buck
...Her only biological daughter, Carol, was born with developmental needs and spent her life in a facility in New Jersey....
March 2, 2024
News updates from January 30: Microsoft posts record revenue, Eurozone economy stagnates in Q4
UPS to cut 12,000 jobs as demand weakens
...Chief executive Carol Tomé said that 2023 was “a unique and, quite candidly, a difficult and disappointing year”. Read more here...
January 30, 2024
Business travel
AmexGBT buys rival CWT for $570mn in bet on business travel
...Patrick Andersen, CWT’s chief executive, said: that “joining forces with AmexGBT helps accelerate our vision of a tech-enabled future for business travel”....
March 25, 2024
Vestas Wind Systems AS
Vestas says plans for UK wind turbine factory depend on demand
...In a more positive sign, Andersen said supply chain pressures had eased during the third quarter, with supplies arriving on time to its factories worldwide, which was a “huge relief”....
November 8, 2023
Entain PLC
US fund Corvex urges Entain to turn around ‘unacceptable’ performance
...The intervention by Corvex comes a day after Entain’s former chief executive Jette Nygaard-Andersen resigned having come under fire for the FTSE 100 group’s slumping share price this year and a series of...
December 14, 2023

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