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Bain & Co Inc
Bain picks first European as global chief executive
...Bain has continued to pick up work advising on the restructuring of existing portfolio companies....
January 9, 2024
Investments
Why Mohamed El-Erian favours cash over equities for now
...El-Erian is chief economic adviser at Allianz, the parent company of Pimco, a big provider of bonds and fixed income investments, where he formerly served as chief executive....
October 10, 2023
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Nuclear energy
EU must wean itself off Russian nuclear fuel, Belgian PM says
...De Croo said the summit was not a gathering of “nuclear fanboys”....
March 24, 2024
Mining
Endeavour used Linklaters for CEO probe despite independence concerns
...Critics within the company who spoke to the Financial Times maintain that Linklaters’ relationship with Endeavour — which flourished under the tenure of De Montessus and earned the “magic circle” law firm...
January 13, 2024
Endeavour Mining Corp
Sacked Endeavour Mining chief faced sexual misconduct claims
...The person added that Cockerill had informed staff that the board had determined that de Montessus’s behaviour broke the company’s code of business conduct and policy on harassment....
February 1, 2024
Endeavour Mining Corp
Endeavour Mining says probe found ‘disguised’ payments of $15mn
...Endeavour did not name the others it claimed de Montessus acted with but said they were not employees of the company....
March 27, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News in-depthEl Salvador
The ‘cult’ of Bukele: El Salvador’s bitcoin-loving strongman heads for second term
...A descendant of Palestinian Christian immigrants who built a textiles company, Bukele attended elite private schools but did not graduate from university and instead went into his family’s conglomerate....
February 2, 2024
Agricultural commodities
Cocoa prices soar to record high as El Niño batters West African growers
...Ivory Coast and Ghana together produce about 70 per cent of the world’s cocoa beans and both countries have seen their cocoa crops hampered by the El Niño sea temperature phenomenon, which disrupts rainfall...
February 9, 2024
Special ReportWatches and Jewellery: April
Fresh CEOs start at Audemars Piguet and Zenith
...“Chronograph movements, such as the famous high-frequency El Primero, are much more complicated to assemble and regulate than a simple three-hand movement.”...
April 9, 2024
Person in the News
Sabato de Sarno, the designer who must turn around Gucci
...The parent company said it expected Gucci sales to have fallen about 20 per cent in the first three months of the year driven by declines in China, its most important market....
March 23, 2024
Samsung C&T Corp
Samsung quashes activist proposals backed by Norway’s oil fund
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
March 15, 2024
Climate change
El Niño expected to cause floods and heatwaves into early 2024, warn scientists
...Rio de Janeiro experienced its hottest day of the year, reaching 41.9C on Saturday, recorded at Marambaia station in Rio’s western zone....
November 19, 2023
ReviewFashion shows
Sabato De Sarno injects Gucci with new sex appeal
...At €9.9bn in sales, Gucci brings in half of the French parent company’s revenue, but has been navigating declining sales amid a broader luxury slowdown....
February 23, 2024
Mondelez International Inc
Mondelez chief says investors do not ‘morally care’ if groups stay in Russia
...Van de Put said it was clear that Russian authorities were trying to stop western companies from leaving....
February 22, 2024
Climate change
Brazil warns dengue cases could hit 5mn as extreme weather takes toll
...“We have a situation that is very worrying because of climate change [and] mainly the El Niño phenomenon,” said Ethel Maciel, secretary of surveillance at the health ministry....
January 8, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Transcript
Investment masterclass: what’s one of the world’s leading investors buying?
...[MUSIC PLAYING] Claer Barrett In 2014, Mohamed El-Erian surprised the financial world by stepping down as chief executive of the investment company Pimco....
October 10, 2023
Climate change
How ETFs are bracing for the turbulence of El Niño
...Unusually dry weather conditions associated with El Niño are partly to blame....
October 25, 2023
HTSI
The shared passions of Lapo Elkann and Simon de Pury
...His auction career spans high-profile roles at Sotheby’s and later at Phillips (renamed for a period Phillips de Pury and Company, when de Pury acquired the majority share)....
February 2, 2024
Renault SA
Renault cancels planned IPO of EV unit Ampere
...De Meo said on Monday the listing was a “side dish” compared with the wider turnaround of the company, and that he did not believe the decision damaged his credibility....
January 29, 2024
Rana Foroohar
Year in a word: De-risking
...The word de-risking is thus increasingly being used to refer to the ways in which countries and companies are diversifying their supply chains, by sourcing from multiple geographies and companies rather...
January 1, 2024
Endeavour Mining Corp
Endeavour to strip former CEO of remuneration worth $29.1mn
...One of the reasons for the size of his remuneration in 2021 was the company giving him a one-off payment of $10mn....
January 18, 2024
InterviewThe CEO
De Beers chief Al Cook seeks to restore allure of diamonds
...“I get more critical areas for improvement from her than I do in the company,” said Cook....
December 19, 2023
FirstFT
FirstFT: Bain picks European Christophe De Vusser to lead consulting group
...De Vusser, a Belgian, will be the first European to run Bain in its 50-year history....
January 9, 2024
Endeavour Mining Corp
Boss of top gold producer dismissed over $5.9mn ‘irregular payment’
...The FTSE 100 company said in a statement on Thursday that the dismissal of de Montessus as president and chief executive would take place “with immediate effect”....
January 5, 2024
Energy sector
Anything can be a PFASt-growing industry
...*DuPont, Chemours and Corteva are the spun-off remnants of former US industrial giant EI DuPont de Nemours & Co, founded as an early domestic munitions supplier (gunpowder mill) by a French aristocrat feeling...
January 24, 2024

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