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News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
M&G profits rise more than a quarter in 2023
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
March 21, 2024
M&G PLC
M&G’s Rossi targets private asset growth
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
March 21, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Letter
Letter: Baltimore disaster must address totality of risks
...That’s a fundamentally different question. Richard G Little Visiting Research Scholar Industrial and Systems EngineeringRensselaer Polytechnic InstituteTroy, NY, US...
April 9, 2024
ReviewFiction
Andrey Kurkov’s The Silver Bone — a Ukrainian saga of crime and war
...There is a scene close to the end of Andrey Kurkov’s The Silver Bone in which the novel’s hero, Samson, a young police investigator, has finally cornered a key suspect in his hide-out....
February 29, 2024
Letter
Letter: Here’s a challenge from a professor of econometrics
...Peter G Moffatt Professor of Econometrics University of East Anglia, Norwich, UK Letter in response to this letter: The tricks Nixon tried to get re-elected!...
January 8, 2024
Procter & Gamble Co
P&G points to stronger consumer demand and slowing price rises
...P&G took a $1.3bn non-cash impairment charge against the value of its Gillette shaving brand, citing the weakening of several currencies against the US dollar, and reported a 15 per cent organic fall in...
January 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Live news: G7 prepares to move against subsidised Chinese imports
Another German national arrested on suspicion of spying for China
...In a statement on Tuesday morning the federal prosecutor accused Jian G of passing sensitive information on EU politicians and political decision-making to Chinese intelligence since 2019....
April 23, 2024
ReviewFiction
The Coiled Serpent — gruesome fare, served with cold precision
...While some tales take place explicitly in the UK — in a historic Tudor house museum in Margate, a Victorian swimming complex, a patch of countryside resembling Somerset — others are in a kind of fairytale...
December 8, 2023
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
...Trump Media went public through a merger with a blank-cheque company late last month....
April 19, 2024
ReviewNon-Fiction
An Ordinary Youth by Walter Kempowski — growing up under Nazi rule
...There are little things — “Jew’s-beard geraniums” in window ledges — and bigger ones: a burned-out synagogue, with a broken Star of David on its wrought iron gate....
November 24, 2023
News updates from October 18: Netflix beats subscriber expectations, China’s economy grows 4.9%
P&G beats revenue expectations as customers absorb higher prices
...P&G reported net sales of $21.9bn in the three months ended September 30, a 6 per cent increase from a year earlier and beating analysts’ expectations for $21.6bn....
October 18, 2023
Federal Deposit Insurance Corp
US regulator criticises Swiss handling of Credit Suisse as ‘unhelpful’
...“I would put JPMorgan or another G-SIB into a resolution process,” he said. “We think this is doable . . ....
April 10, 2024
Letter
Letter: Why the airline business is unsuited to theory of the firm
...Matthew G Andersson Founder and Former CEO, Indigo Airlines Former President, Indigo AerospaceChicago, IL, US...
January 24, 2024
Letter
Letter: Storing carbon in soil is not a climate panacea
...Bonnie G Waring Soil Biogeochemist and Soil Ecologist Senior Lecturer, Life Sciences Department Imperial College, London SW7, UK...
January 26, 2024
News updates from September 20: Fed holds rates at 22-year high, UK inflation falls to 6.7%
M&G re-enters bulk annuity market with £617mn of deals
...The news came as the company reported a pre-tax profit of £128mn for the first half of the year, up from a loss of £1.8bn in the same period last year....
September 20, 2023
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
LexM&G PLC
M&G: slow progress for innovator turned follower Premium content
...Almost a century ago, the Municipal and General Securities Company set up the UK’s first unit trust. At the time, it was a groundbreaker. Now, M&G is a middling financial services company....
September 20, 2023
Property funds
M&G closes property fund as retail investors shun market
...“Any potential buyer will now be in pole position in the knowledge that M&G are looking to offload over £500mn of property assets into a market that is not exactly buoyant at the moment,” Hughes said....
October 19, 2023
Legal & General Group PLC
Legal & General’s new chief promises ‘simpler investment case’
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
March 6, 2024
Letter
Letter: Why Houthi piracy in the Red Sea is so disorienting
...Richard G Little Visiting Research Scholar Industrial and Systems EngineeringRensselaer Polytechnic InstituteTroy, NY, US...
January 4, 2024
HTSI
10 delicious dishes
...Z.d.G....
April 11, 2024
Crest Nicholson PLC
Crest Nicholson profits slump 70% after ‘disappointing’ year
...The housebuilder’s woes have been compounded by a legal claim from M&G over a fire that badly damaged a block of flats built by the housebuilder and owned by the UK asset management group....
January 23, 2024
FT Magazine
The unlikely story of the first celebrity dog
...Warren G Harding had been elected the 29th president of the United States on a promise to restore the country to normalcy....
December 8, 2023
Tech start-ups
Israeli cyber start-up in talks to raise funds valuing it at over $10bn
...at a steady pace....
March 8, 2024
Alice Ross
Time for investors to turn up the heat on climate governance
...But I’ve long thought it would be helpful to have a G that was more related to the E....
March 29, 2024
News updates from July 28: Bank of Japan tweaks bond buying strategy, Measures of US inflation and wage growth cool
P&G beats earnings forecast despite raising prices
...P&G has increased prices across all of its main divisions in the three months to the end of June....
July 28, 2023

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