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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...It has also rolled out AI tools to its 33,000 employees, helping them manage company data, write text, summarise information and produce slides....
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...“Like consumer and business audiences, authentic credibility has overtaken hard sales when it comes to increasing trust and business growth,” he added....
April 23, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Stripe Inc
Stripe in ‘no rush’ to go public as cash flow turns positive
...Many venture-backed companies have avoided going back to investors who gave them money as the market peaked in 2021, mindful that any fresh capital is likely to come at a lower valuation....
March 13, 2024
Special ReportWatches and Jewellery: April
Fresh CEOs start at Audemars Piguet and Zenith
...The beginning of this year saw two new chief executives start their tenure at venerable Swiss watch brands Audemars Piguet and Zenith....
April 9, 2024
Elaine Moore
Despite existential crisis, new media start-ups keep coming
...Still, this has been an undeniably bleak start to the year....
February 25, 2024
LexLuxury goods
China’s new year splurge could give luxury a fresh start Premium content
...During the holiday, wearing new clothes — especially red ones — symbolises getting a fresh start to an auspicious year and ushering in good luck. The global economy could use some of the same....
February 19, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LexBlue Apron Holdings Inc
Blue Apron: meal kit maker is chopped up, sold and reheated Premium content
...But after more than a decade in business, Blue Apron has failed to produce profit or sales growth. It has funnelled revenue into marketing and discounts to attract new customers....
November 13, 2023
Financial services
How’s the PE Winter looking?
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
April 25, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...“I think that you’re going to see other PBMs gradually get to that place because if they want competitive market dynamics, they have to start to reward biosimilars.”...
April 25, 2024
Claer Barrett
Meghan’s jam brand may have a sticky start
...Jam on toast is hardly the go-to snack of Los Angeles A-listers, so I smirked at the “curation”: glossy snaps of a sugar and carb-laden treat against a backdrop of fresh produce and smoothies....
April 20, 2024
Tesla Inc
Tesla steers back towards cheaper cars
...Tesla has cut prices several times — including this week — to buoy sales, although this has led to a collapse in the re-sale value of its cars....
April 25, 2024
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...It also took a fresh $2bn impairment charge on Family Dollar that wiped out its earnings for the year....
March 19, 2024
Tesla Inc
Tesla shares rise on plans to accelerate launch of ‘more affordable’ models
...“Global EV sales continue to be under pressure as many carmakers prioritise hybrid over EVs.”...
April 24, 2024
EU trade
EU agrees fresh curbs on Ukrainian food after farmers’ protests
...The curbs start on June 6, when tariff-free access for Ukrainian imports, which began in 2022, is renewed for another year....
March 20, 2024
Leo Lewis
Why good news for Japan may be bad news for hedge funds
...It has gained nearly 22 per cent since the start of the year and has continued (as it did yesterday) to log new highs....
March 28, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...Sales grew by 55 per cent between January 2022 and January 2023....
February 21, 2024
Due Diligence
The coming wave of private capital consolidation Premium content
...Passi was accused of tipping off hedge funds about large blocks of shares coming up for sale, enabling them to make timely trades....
January 16, 2024
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
April 23, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...Lululemon, where a pair of yoga pants can set you back £108, saw a slower start to the year in North America....
March 29, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Fledgling start-ups, such as knickers retailer Stripe & Stare, frequently crowdfund from users....
April 19, 2024
Property sector
European commercial real estate deal making slumps to 13-year low
...Two high-profile office deals — the £240mn sale of 20 Old Bailey and a £110mn deal brokered by receivers to sell 5 Churchill Place in Canary Wharf — collapsed during the quarter....
April 25, 2024
InterviewWar in Ukraine
Kyiv calls on west to fund Ukraine’s domestic defence production
...“It could be quite a logical step to produce with German money,” Kamyshin said....
March 15, 2024
Tesla Inc
Tesla shareholders braced for worst results in 7 years
...Levy said he expected “modestly negative” free cash flow, which would be the first quarter of negative cash since the start of 2020....
April 22, 2024
ASUSTeK Computer Inc
Taiwan’s top computer maker to produce servers in US to tap AI boom
...Asustek is also building a manufacturing site in the Taiwanese city of Taoyuan to produce its own motherboards, graphics cards, mini PCs and server-related products, which is also set to start production...
November 21, 2023
BBC
BBC Studios hunts for next Bluey in big investment drive
...Disney would start marketing a new series of Doctor Who in May, he said, with the deep pockets of the US streamer marking a fresh start for the popular programme....
March 6, 2024

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