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Abrdn Plc
Abrdn shareholders urged to reject pay report over new CFO’s £675,000 salary
...Glass Lewis noted that Jason Windsor’s base salary of £675,000 was 25 per cent more than what his predecessor Stephanie Bruce received and appeared to be more than the norm for such a position....
April 4, 2024
US & Canadian companies
Meet the pest-control boss with the $140,000 dining perk
...Does he eat alone? Do the executives all eat together, and then have a good laugh when Gary says he (meaning the shareholders) will pick up the bill?...
April 22, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Conservative party fined £10,000 over non-cash donations
...The UK’s Conservative party has been fined £10,750 by the Electoral Commission after it failed to accurately report non-cash donations from a donor for three years....
March 19, 2024
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
Cocoa breaks $10,000 a tonne as shortages squeeze ‘out of control’ market
...The price of cocoa surged through $10,000 per tonne for the first time on Tuesday, as a dizzying rise in prices caused by poor harvests in Africa accelerates....
March 26, 2024
Automobiles
French car parts supplier Forvia to cut 10,000 jobs to tackle Chinese competition
...French car parts supplier Forvia aims to cut 10,000 jobs, or more than a tenth of its workforce, saying it was bracing for an influx of Chinese competition in Europe as suppliers follow automakers to the...
February 19, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
US jobs growth of 303,000 in March far outstrips expectations
...The data comes as the Federal Reserve is weighing when to start cutting interest rates from their current range of between 5.25 per cent and 5.5 per cent. Read more here...
April 5, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Agricultural commodities
Cocoa hits record high as global shortage worsens in first quarter
...The grinding numbers could put further pressure on prices, which in New York surged 7 per cent to $10,800 a tonne on Thursday, up from about $3,000 a tonne this time last year....
April 18, 2024
Agricultural commodities
Cocoa surpasses $10,000 a tonne as shortages squeeze ‘out of control’ market
...Two months ago cocoa traded in New York at below $5,000; a year ago it was less than $3,000....
March 26, 2024
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
S&P 500 finishes above 5,000 for the first time
...The S&P 500 briefly touched the 5,000 mark for the first time within the final seconds of Thursday’s session, but was unable to close above the threshold....
February 9, 2024
UK property
First-time buyers targeted with £5,000 deposit mortgage
...Mortgage brokers have welcomed an “innovative” home loan aimed at first-time buyers, which requires a deposit of just £5,000 for homes worth up to £500,000....
March 29, 2024
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
S&P 500 opens above 5,000 to push further past milestone
...If the gain holds, it would mark the S&P 500’s first-ever close above 5,000. The tech-heavy Nasdaq Composite gained 0.5 per cent....
February 9, 2024
News updates from February 8: S&P 500 breaks through 5,000, Zelenskyy appoints new top general
S&P 500 nears 5,000 milestone as US stocks open higher
...US stocks opened slightly higher on Thursday, leaving the benchmark S&P 500 within touching distance of passing 5,000 for the first time despite investors’ uncertainty over the timing of potential interest...
February 8, 2024
US employment
US jobs growth of 303,000 outstrips forecasts and weighs on rate cut bets
...The data comes as the Fed is weighing when to start cutting interest rates from their current range of between 5.25 per cent and 5.5 per cent....
April 5, 2024
Bitcoin
Bitcoin price tops $60,000 for first time since 2021
...The 11 funds now hold 303,000 bitcoins, according to K33 Research, worth $18bn and equivalent to about 1.5 per cent of the total bitcoin supply....
February 28, 2024
Paris Olympics
Athletics federation to pay gold medal winners $50,000 at Olympics
...About 10,500 athletes are set to participate in the 53rd Olympic Games, starting in Paris in late July....
April 10, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from February 8: S&P 500 breaks through 5,000, Zelenskyy appoints new top general
S&P 500 breaks through 5,000 to mark fresh record for US stocks
...The basket of blue-chip US stocks rose as high as 5,000.4 on Thursday, seconds before closing the session 0.1 per cent higher at a record 4.997.91....
February 8, 2024
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
S&P 500 breaks through 5,000 to mark fresh record for US stocks
...The basket of blue-chip US stocks rose as high as 5,000.4 on Thursday, seconds before closing the session 0.1 per cent higher at a record 4.997.91....
February 8, 2024
FT Schools
US High School Economics class: Bitcoin price tops $60,000 for first time since 2021
...how does it influence Bitcoin’s price?...
March 7, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...Tesla is cutting more than 10 per cent of its workforce — at least 14,000 jobs — as a worldwide EV slowdown and brutal price war hit the American automaker....
April 15, 2024
News updates from March 6: Nikki Haley ends White House run; NYCB to raise more than $1bn in deal lead by Steven Mnuchin’s firm
US adds 140,000 private sector jobs in February
...Wage growth for those who remained in their jobs continued to decelerate, moderating to an annual gain of 5.1 per cent, the smallest gain since August....
March 6, 2024
Letter
Letter: UK non-dom change will drive the rich away
...Taking a reality check, the “forecast” is saying that 5,500 people are each going to voluntarily pay additional tax of £545,000! Really?...
April 16, 2024
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
Dollar Tree takes $2bn impairment charge and plans to close 1,000 stores
...Shares in US-based discount retailer Dollar Tree fell 8.5 per cent in pre-market trading after it took $2bn in impairments on the value of its subsidiary Family Dollar and said it would close 1,000 stores...
March 13, 2024
HTSI
Sculpt fiction: make shapes with fashion’s sharpest silhouettes
...Wolford stretch-knit tights, £35. 1970s Ilias Lalaounis gold earrings, £2,950, hancocks-london.com Louis Vuitton draped chiffon bustier with braces, £5,000, cotton high-waisted trousers, £2,000, and leather...
April 10, 2024
US equities
S&P 500 reaches 5,000 to mark record for US stocks
...The basket of blue-chip US stocks rose as high as 5,000.4 on Thursday, seconds before closing the session up 0.1 per cent at a record 4.997.91....
February 8, 2024
InterviewGerman economy
Germany does not expect unemployment jump, says labour chief
...“They let 5,000 people go, but only about 600 of them are still unemployed,” she said. “Last year, most of these people found other jobs.” Her bullishness is echoed by economists....
March 13, 2024

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