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OpenAI
OpenAI’s app store draws investors and students seeking artificial aids
...its business....
March 28, 2024
Inside BusinessJavier Espinoza
Why Big Tech fines do not work
...Critics argue that big tech companies just see fines as part of the cost of doing business, when and if they are eventually paid....
April 10, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
LexLuxury goods
Gucci’s slump means the end of the luxury megatrend Premium content
...At Kering, stripping out Gucci’s performance suggests that smaller brands such as Bottega Veneta and Saint Laurent are holding up better....
March 21, 2024
News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
US Treasuries sell off as investors await jobs and inflation data
...Government bonds sold off on both sides of the Atlantic as traders await the latest employment data from the US and a key inflation reading before the weekend....
March 28, 2024
Live news: Australia pledges to raise defence spending by $32bn to ‘resist coercion’
Sterling strengthens as UK inflation data hits hopes of interest rate cuts
...Sterling strengthened as traders pushed back their bets on interest rate cuts from the Bank of England after UK inflation slowed less than expected in March....
April 17, 2024
Susan Hawley
Senior executives must be held individually accountable
...To describe enforcement of the Senior Managers and Certification Regime introduced after the financial crisis as lacklustre would be an understatement....
February 11, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
US stocks end mixed as inflation data and Fed minutes come into view
...US equities indices closed mixed, a subdued start to a week in which inflation data and minutes from the Federal Reserve’s March meeting will feed into traders’ expectations for the interest rate outlook...
April 8, 2024
News updates from April 8: Millions watch solar eclipse; Elon Musk predicts AI will overtake human intelligence in 2025
US stocks end mixed as inflation data and Fed minutes come into view
...US equities indices closed mixed, a subdued start to a week in which inflation data and minutes from the Federal Reserve’s March meeting will feed into traders’ expectations for the interest rate outlook...
April 8, 2024
MTN Group Ltd
South Africa’s MTN warns of 90% hit to profits from naira devaluation
...The naira has plunged 70 per cent against the US dollar since June, increasing operating and finance costs as well as foreign exchange losses for MTN’s Nigeria business, which has about 79mn customers and...
March 1, 2024
Live news: US stocks finish lower as Wall Street’s ‘fear gauge’ hits 5-month high
US stocks turn lower as retail sales data signals strong consumer
...The Nasdaq Composite lost 1.8 per cent as every Magnificent Seven tech stock fell....
April 15, 2024
BBC
Tim Davie calls for BBC licence fee reform
...The corporation said it was hit by a 30 per cent real-terms cut in funding between 2010 and 2020, as the licence fee failed to keep pace with inflation, prompting an aggressive cost-cutting programme that...
March 26, 2024
Inside BusinessJoe Leahy
China’s growth enigma
...For business, the divide between such estimates and official data on how fast the world’s second-largest economy can grow this year and beyond has become an important issue for their global expansion plans...
February 6, 2024
ReviewBusiness books
The Corporation and the Twentieth Century — a history of US business
...In the early postwar decades, America’s large multi-divisional corporations, of which General Motors was the best-known example, were seen in Europe as the model for how big business should be run....
November 27, 2023
News in-depthChinese economy
China warns west of ‘survival of the fittest’ as manufacturing boosts economy
...First-quarter data showed China’s export volumes rose sharply by 14 per cent year on year, even as the price index of those exports fell 12 per cent, according to Robin Xing, chief China economist at Morgan...
April 17, 2024
LexHelen Thomas
The Lex Newsletter: Doing the splits Premium content
...And that is what Nissan and Honda, traditionally arch-rivals in the Japanese automotive market, are doing....
March 20, 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
InterviewTheatre
Robert Icke on directing Ian McKellen as Falstaff: ‘He’s a criminal, not a jolly Santa figure’
...” acting: “You know, men who put one leg up on a stool and you’re like, ‘What are you doing?...
March 24, 2024
News updates from February 29: US PCE inflation falls to 2.4%, Putin warns of wider conflict over Ukraine
European stocks edge higher as traders weigh French and Spanish inflation data
...European stocks edged higher on Thursday as traders weighed the latest inflation data from France and Spain and looked ahead to more figures from Germany and the US....
February 29, 2024
News updates from February 29: US PCE inflation falls to 2.4%, Putin warns of wider conflict over Ukraine
European stocks rise slightly as investors weigh corporate results and inflation data
...European stocks were slightly higher in early afternoon trading as investors weighed a raft of corporate earnings results and inflation data from some of the region’s largest economies....
February 29, 2024
Investments
Investors’ Chronicle: Hilton Food, WAG Payment Solutions, Caledonia Mining Corporation
...This — and a full year of trading from salmon producer acquisition Foppen — helped total business volumes up 0.7 per cent, but this compared with growth of 4.3 per cent in the prior year as UK and Ireland...
April 5, 2024
LexESG investing
Asset managers’ green U-turn exposes energy transition cakeism Premium content
...The narrative of a perfect correlation between doing good and doing well has now broken down....
February 25, 2024
InterviewMusic
Composer Oliver Leith: ‘I don’t think doing orchestral music is better than doing a folk song or an advert’
...I don’t think doing orchestral music is better than doing a folk song or an advert. I would do a jingle if it was an interesting thing to do and if I had full rein and freedom.”...
March 19, 2024
Japanese society
Japan’s native population declines at record rate as births plunge
...Also on Friday, the IPSS produced a bleak outlook for the future of Japanese households as families become smaller and the population of unmarried elderly people balloons....
April 12, 2024
Donald Trump
Trump ordered to pay more than $350mn in New York fraud case
...His adult sons Donald Jr and Eric were ordered to pay more than $4mn each and individually barred from doing business in New York state for two years....
February 16, 2024
News updates from December 19: Maersk diverts ships to avoid Red Sea, Israel says it is ready for another pause
Google to pay $700mn in settlement over Android app store
...Google also agreed to make changes to the way the Android system works in the US. Read more about the Google settlement here....
December 19, 2023
News updates from February 5: King Charles diagnosed with cancer, McDonald’s blames war on weak sales
European stocks open higher ahead of business activity data
...European stocks opened higher on Monday as traders look ahead to a string of eurozone business activity data for clues on the outlook for interest rate cuts from the European Central Bank....
February 5, 2024

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