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April 16, 2024

Israel-Hamas war

Ben & Jerry’s calls for permanent ceasefire in Gaza

Stance by ice cream maker’s board risks reigniting tensions with parent company Unilever

January 16, 2024

FT Live

Bank of the Year Awards 2024

Recognising the best in banking globally

Financial services

How’s the PE Winter looking?

...‘Pretend and extend’ was a strategy widely employed by banks following the GFC. When firms couldn’t pay back debt, it was simply rolled over. But this was only possible because rates had collapsed....

April 25, 2024

Banks

Mike Mayo ❤️ Citi

...It’s not like Citi has destroyed book value or, to us, has a big hole in its balance sheet like during the Global Financial Crisis (GFC)....

January 2, 2024

HM Revenue & Customs

Walkers’ Sensations Poppadoms vs HMRC: Crunch time

...as a food for monsters....

January 19, 2024

TGI Fridays Inc.

TGI Fridays’ US operations to have London listing

...The UK franchise owner of TGI Fridays has agreed a £177mn reverse takeover that will see the US fast-food chain known for its potato skins, chicken wings and two-for-one cocktails list on the London Stock...

April 16, 2024

FT Live

Due Diligence Live

Where leaders in investment and finance meet

News in-depthDementia

Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout

...Leqembi, priced at $26,500 a year, was the first drug with a black-box warning — the most severe designation about possible side effects — to be granted full approval by the US Food and Drug Administration...

April 22, 2024

Drug prices

Copycats take bite out of AbbVie’s best-selling Humira drug

...A Humira biosimilar from Teva Pharmaceuticals working with Alvotech earlier this year became the first drug that the US Food and Drug Administration granted interchangeable status, which lets pharmacists...

April 25, 2024

The Big Read

The dubious climate gains of turning soil into a carbon sink

...Big food companies are taking an interest in such practices, and not just for ecological reasons....

January 23, 2024

Retail & Consumer industry

The golden age of corporate pizza consumption transparency may be over

...This time last year, we used the Domino’s food item expenses listed in the company’s DEF14A proxy filings to calculate roughly how much pizza its leadership was snaffling: the results were both mind-boggling...

March 19, 2024

FT Magazine

The delivery rider who took on his faceless boss

...This customer had been waiting an hour and a half for his food. He was a lot less sympathetic than the first one. “I tried to explain but he just grumbled at me and took his food,” Samii recalled....

March 15, 2024

Food Prices

French retailer Carrefour drops PepsiCo products over high prices

...French food retailer Carrefour has said it will no longer sell PepsiCo products because they have become too expensive, marking the latest spat between food manufacturers and retailers over high food prices...

January 4, 2024

FT MagazineJancis Robinson

Napa Valley is California’s wine barometer, an expensive one

...The ebullient Jean-Charles Boisset of Burgundy arrived at Raymond in 2009, Chanel Inc bought St Supéry in 2015 and the next year the Tesserons of Ch Pontet Canet in Bordeaux bought Robin Williams’ winery...

April 20, 2024

Inside BusinessLeo Lewis

Why an M&A swoop in Hawaii is a big bet on the yen

...Imported energy and food inflation hits ordinary Japanese households....

February 13, 2024

LexUber Technologies Inc

Uber should steer clear of buybacks Premium

...Even as the number of bookings for rides and food delivery have increased, admin costs have fallen....

February 8, 2024

FT Live

Innovation in Wealth Management Summit

Augmented intelligence for client-centric services

News in-depthEmployment

Warehouse operators turn to entertainment and food facilities to attract workers

...Since 2020, CTP said it had also been developing clubhouses in sites from Budapest to Warsaw, offering “healthy food” and spaces for yoga....

January 3, 2024

FT Magazine

Wine was my poison. Now it’s my sober passion

15 years after he quit drinking, Nick Johnstone found himself a surprising new hobby

January 13, 2024

Accountancy

Investors left in the dark after US companies fail to file on time

...The agricultural products group Archer Daniels Midland, which put its chief financial officer on leave in January while it investigated accounting practices at its food ingredients business, said on Friday...

March 1, 2024

PepsiCo Inc

Pepsi revenue slows after US consumers flinch at higher prices

...“We’re seeing a bit of a slowdown in the US in both the food and beverage category,” chief executive Ramon Laguarta said on a call with investors....

February 9, 2024

News in-depthFood & Beverage

Plant-based meat industry on a mission to rebrand itself as healthy option

...“A burger, which is primarily an indulgent food, is not considered healthy . . . it’s not fair to only focus on the plant-based hamburgers.”...

October 6, 2023

Accolade Wines Australia Ltd

Bain-led consortium takes over Australian winemaker behind Hardys

Accolade to be restructured as sector prepares for China trade to reopen

February 2, 2024

Inside BusinessPeggy Hollinger

Pepsi vs Carrefour: a battle inflamed by French retail rules

...France takes an unusually interventionist stance on food retailing....

January 17, 2024

John Gapper

Convenience stores should make more of themselves

...In Japan’s cities, no matter the hour, one is never far from a bright haven of food and comfort....

February 16, 2024

Private equity

BC Partners sells IT group Presidio in sign of thaw for private equity deals

...Since then, as well as agreeing to buy Presidio, it has made a series of large investments including buying snack company Shearer’s Foods. CD&R and BC Partners declined to comment....

April 2, 2024

HTSI

Jon Kung, the self-taught chef who went viral

...,” he writes at the start of his debut cookbook Kung Food: Recipes from a Third-Culture Chinese Kitchen (Clarkson Potter/Ebury)....

October 2, 2023

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