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DraftKings
DraftKings discussed bid for William Hill owner 888
...But the biggest hurdle to any deal would have been 888’s £1.7bn debt pile, left over from the acquisition of William Hill’s non-US business from Caesars Entertainment last year, they added....
November 9, 2023
Biotech
Weight loss biotech plans IPO as demand builds for anti-obesity treatments
...If ARD-101’s phase 3 trial is successful, it would also bring to market by 2026 a treatment for Prader-Willi syndrome, which causes weight gain since sufferers never feel full....
March 29, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Greencore Group PLC
Activist investor Oasis builds stake in sandwich maker Greencore
...Sales at Greencore, which supplies packaged food products to almost every big supermarket chain including Tesco and M&S, have been buoyed by workers returning to offices following the pandemic....
March 15, 2024
888 Holdings PLC
888 warns of profit hit from AI and marketing costs
...The profit warning — 888’s second since September last year — is driven by rising investment in automation, AI-powered data and research, and marketing, offsetting a hoped-for £30mn boost from a cost-saving...
January 17, 2024
Bet365 Group Ltd
Bet365 ‘cash machine’ keeps paying out for the house
...China, where gambling is banned, ranks among one of Bet365’s biggest markets, the people added....
January 12, 2024
Markets InsightEdward Stanley
Investors are still underestimating the long-term impact of AI
...Since 1990, missing the 30 best days of the S&P 500 cuts your compound returns in half....
April 1, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Edward Luce
Robert Kennedy Jr’s perilous voyage of discovery
...edward.luce@ft.com...
March 27, 2024
FT Swamp Notes
Is global terror making a comeback? Premium content
...My column this week looks at 2024’s potential Ralph Nader election spoiler: Robert F Kennedy Jr, who this week made an obscure pick as his third party running mate — Nicole Shanahan, the wealthy ex-wife...
March 29, 2024
Travel & leisure industry
China’s first homegrown cruise ship sails from Shanghai
...With just 40mn outbound trips in the first half of 2023, Chinese tourism has yet to rebound to near the level of 2019’s 155mn trips....
January 1, 2024
Media
BBC restarts internal probe into Huw Edwards
...On Wednesday, Edwards’ wife, Vicky Flind, decided to identify him as the BBC presenter at the centre of the scandal....
July 13, 2023
FT Swamp Notes
Let’s not overdo the McConnell farewell Premium content
...Thankfully for America, FDR replaced Wallace with Harry S Truman just a few months before he passed away. Will explains just how close a call this was. Wallace was a fan of Stalin....
March 1, 2024
Six theatre shows to see in London
The Ballad of Hattie and James theatre review — music and memories combine in a delicate new drama
...One played a crucial role in The Piano, Channel 4’s TV competition for amateur musicians. And they often go viral, as passers-by film serendipitous musical encounters between strangers....
April 24, 2024
News in-depthEntain PLC
Gambling group Entain’s chief under pressure as activists circle
...UK companies are not required to disclose their leadership’s use of private jets, unlike in the US where businesses on the S&P 500 last year spent an average of $82,698 on private flights for executives,...
December 8, 2023
Huw Edwards
Huw Edwards named as presenter at centre of BBC scandal
...She added that Edwards would respond to the stories that had been published when he is “well enough to do so”....
July 12, 2023
Live news updates from July 12: US inflation slows more than expected, Disney extends Iger’s contract
Huw Edwards named as presenter at centre of BBC scandal
...She said the decision to name Edwards was “primarily out of concern for his mental wellbeing and to protect our children”. Read more on the BBC here...
July 12, 2023
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Chinese politics & policy
Chinese companies revive Mao-era militias
...James Char, a China expert at the S Rajaratnam School of International Studies in Singapore, attributed resurgence of interest in PAFDs to the “CCP party-state stressing ‘security’ over ‘development’”, which...
February 20, 2024
Edward Luce
America’s ‘do-harm’ Congress
...edward.luce@ft.com...
February 7, 2024
888 Holdings PLC
William Hill owner warns on profits following ‘customer friendly’ sports results
...The UK is 888’s biggest market, accounting for around two-thirds of group revenues....
September 28, 2023
The Big Read
Will Xi’s manufacturing plan be enough to rescue China’s economy?
...China’s benchmark stock index, the CSI 300, has lost 32 per cent since the start of 2021; America’s S&P 500 has gained 39 per cent in the same period....
March 27, 2024
Life & Arts
FT Weekend Quiz: Museum of Modern Art, Andrew Carnegie and Brangelina
...In 1991, Cliff Barnes became the owner of which fictional oil company? Caviar is traditionally made from the roe of which fish?...
January 19, 2024
FT Swamp Notes
The US right’s underestimated brain Premium content
...I am a little late to reading Project 2025’s Mandate for Leadership: The Conservative Promise which was published last April. The 920-page document is a serious blueprint for a Trump administration....
January 19, 2024
The Big Read
The BBC’s never-ending crisis
...To many in Britain, Edwards epitomises the idea of the BBC as a public service broadcaster that can, at times, unite the nation....
July 14, 2023
Work & Careers
From cold water swimming to bison grilling: how CEOs spend Christmas
...Oliver Barnes Romi Savova, PensionBee Juggling three kids under seven years old means pyjamas, pancakes and Peppa Pig cartoons on Christmas morning for Romi Savova, chief executive of FTSE 250 pension...
December 17, 2023
888 Holdings PLC
William Hill owner warns of UK licence risk from new shareholder
...Lord Jonathan Mendelsohn, 888’s chair who is serving as interim chief executive, said the William Hill owner was “fully co-operating” with the licence review....
July 14, 2023
Games industry
Chinese gaming stocks regain some ground as Beijing softens rhetoric
...The MSCI China index is set to finish the year down more than 17 per cent, compared to a rise of more than 24 per cent for the S&P 500 in the US....
December 27, 2023

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