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Turkish economy
Turkish airlines and airports reap rewards from bet on pandemic recovery
Rapid upgrades to infrastructure and fleets and buoyant tourism industry provide boost
April 21, 2024
X Corp
Apple and Disney join advertiser exodus from Elon Musk’s X
...An advertiser exodus from Elon Musk’s X gathered pace on Friday, with Apple, Walt Disney, Comcast, Paramount and Warner Bros all pausing spending on the social media platform amid concerns about antisemitic...
November 18, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Healthcare
UK government announces cash boost for dentists in England
...In a statement, he said: “This recovery plan is not worthy of the title. It won’t halt the exodus from the workforce or offer hope to millions struggling to access care.”...
February 7, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...This is an industry in recovery mode — few sectors were as badly pummelled by the pandemic, which shuttered gyms. Pricey branded sportswear was harder to justify with no one to see it....
March 29, 2024
Disrupted Times
Brussels blasts Big Tech
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
March 25, 2024
German economy
German industry unlikely to fully recover from energy crisis, warns RWE boss
...While Brussels has released its own rival industrial policy to prevent an investment exodus, companies say it lacks the IRA’s simplicity and economic might....
April 10, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
FT Alphaville
Doug Cifu has let FT Alphaville down
...as long as French and German ATC don’t (expletive) it all up in March, April, May, I think all operators in Europe will be positioned for a very strong summer of traffic and bookings and reasonable fair recovery...
March 13, 2024
US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...Recovery in business travel is underpinning demand. So is consumer desire to make up for missed trips. This should be good news for airlines....
April 10, 2024
LexAsset allocation
Larry Fink’s faith in the power of markets needs some tempering Premium content
...Fink attributed the US’s faster recovery from the financial crisis relative to Europe to America’s lower dependence on the traditional banking sector....
April 2, 2024
Elon Musk
Lawyers in Musk pay case seek $6bn in Tesla shares
...It noted its request represented just 11 per cent of the recovery, less than the 15 per cent in the previous case....
March 2, 2024
Exchange traded funds
ETFs from largest US issuers will largely escape capital gains
...Sector equity ETFs were also among this year’s “heavy distributors”, because of a $22.6bn exodus from the sector year to date through October 31, Morningstar data shows....
December 29, 2023
FirstFT
FirstFT: Apple and Microsoft deny iMessage and Bing are ‘gatekeepers’ under new EU law
...Here’s the latest on the ‘exodus’ from the festival. 5....
September 5, 2023
Apple Inc
Apple loses smartphone crown to Samsung as Chinese rivals gain ground
...Apple, however, is so far missing out on much of that broader industry recovery....
April 15, 2024
Corporate governance
Global investors warn UK on overhaul of listing rules
...A 2021 UK listings review chaired by Lord Jonathan Hill highlighted the need to encourage more companies to list in the UK amid an exodus from the LSE and a two-decade decline in UK pension funds’ share...
February 9, 2024
LexAirlines
US airlines: Alaska-Hawaii regulators may have antitrust objections Premium content
...A slow recovery in tourism from Asia, growing competition from Southwest Airlines and the recent wildfires in Maui have all weighed on demand....
December 4, 2023
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Elon Musk
Can Elon Musk derail Delaware?
...But an exodus never materialised. Lipton eventually became a leading evangelist for the “Delaware Way”....
February 5, 2024
Unhedged
The Magnificent 7 value trade Premium content
...A strong Chinese recovery could also challenge the recent performance dominance of US equities, either directly or indirectly via Japanese or European assets....
January 30, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...Back in Taipei, Acer chairman Jason Chen is also looking for signs of a recovery, in this case in the PC market....
March 14, 2024
News in-depthEvergrande Real Estate Group
Evergrande liquidation to test Hong Kong’s legal reach in mainland China
International investors’ hopes of recovery from indebted developer depend on courts across the border
January 30, 2024
Purchasing managers' index
PMIs and markets don’t mix (except when they do)
...Emerging Markets and China exhibited periods on accelerated performance during PMI Recovery phases, but these growth spurts are relatively brief....
January 11, 2024
Emerging markets
US investors in emerging markets switch to ETFs that exclude China
...As China’s post-pandemic recovery faltered thanks to a prolonged real estate meltdown and a lack of private sector confidence, its stock market went on a rollercoaster ride....
February 15, 2024
Live news updates from August 9: Disney misses revenue forecasts, European gas prices rise 30%
Cathay posts biggest half-year profit since 2010 despite low capacity
...the slow international flight recovery in mainland China....
August 9, 2023
US banks
US banks set for profits boost as expectations grow of fewer Fed rate cuts
...Analysts expect investment banking revenues to rise in the first quarter from low levels a year ago, with activity in mergers and acquisitions and capital markets underwriting showing signs of recovery....
April 9, 2024
Estee Lauder Cos Inc
Estée Lauder shares plunge as slow China recovery prompts outlook cut
...Estée Lauder shares notched their biggest one-day drop on record after the US cosmetics group slashed its profit outlook due to a slow recovery in Asia and also warned of an almost $80mn hit to earnings...
November 1, 2023
OutlookPatti Waldmeir
Detroit is sprucing itself up
...But now, critically, recovery is spreading to poorer neighbourhoods. For decades, I’ve been visiting the area where Detroit’s 1967 riots broke out....
October 2, 2023

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