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Cyber Security
VPN maker Nord Security nets $100mn in funding led by Warburg Pincus
...The group operates profitably while the majority of its sales come from consumers and small businesses, Okman said, but declined to share financial details for the company....
September 28, 2023
Driverless vehicles
China challenges the west for driverless car supremacy
...Confidence building Apart from Wuhan, Baidu and a clutch of domestic rivals, including Pony.ai and AutoX, have established a series of testing zones in cities across China....
January 31, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
News in-depthPrivate equity
Private equity resorts to buying back companies after IPO flops
...Last month, General Atlantic agreed to roll most of its 52 per cent stake in software group EngageSmart into a $4bn buyout led by Vista Equity Partners, two years after General Atlantic listed it on the...
November 20, 2023
Private equity
General Atlantic takes controlling stake in Joe & the Juice
...Joe & the Juice has also built out its digital business, which now accounts for 30 per cent of its sales....
November 13, 2023
LexDriverless vehicles
Driverless cars/Cruise: robotaxi rollout is stop, start, stop Premium content
...Collectively, companies including Tesla, Alphabet, General Motors, Uber, Baidu and Ford have invested billions of dollars in the technology. Safety records are impressive....
November 16, 2023
Grifols SA
Spanish healthcare group Grifols plunges 40% after fraud allegation
...Gotham City’s allegations centre on the sale of two businesses to Scranton Enterprises, a family vehicle....
January 9, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News in-depthUK schools
English private schools focus on recruiting overseas as Labour VAT hit looms
...Private schools in England are seeking to attract more overseas students as they prepare for the prospect of Labour imposing a sales tax on their fees if it wins the next general election....
February 18, 2024
Chinese business & finance
Citadel Securities bids for Credit Suisse’s China business
...UBS put the unit, which includes investment banking and brokerage services, up for sale after taking control of Credit Suisse when it collapsed last year....
January 11, 2024
#techAsia
Telecom chips move in-house and the US takes aim at TikTok Premium content
...Chinese labour lawyers say domestic tech companies have turned to abusing such contracts to discourage even the lowest-level employees from leaving for rivals....
March 14, 2024
Chinese economy
Fitch cuts China credit outlook to negative on ‘uncertain economic prospects’
...It has also sought to curb the spending of indebted local governments traditionally reliant on land sales for revenues....
April 10, 2024
Corporate bonds
Gramercy bets on beaten-down Chinese property company bonds
...It is 25, 30 per cent of [gross domestic product] and it’s not going to disappear,” said Koenigsberger....
January 9, 2024
VinFast LLC
How a Vietnamese tycoon built a carmaker worth more than General Motors
...whose sales are in the millions....
August 31, 2023
The Washington Post
Washington Post names Will Lewis as new chief executive and publisher
...The former Financial Times journalist had also been in the running to buy the Daily Telegraph, which was put up for sale last month....
November 5, 2023
VinFast LLC
VinFast loses more than $1.4bn despite rising revenues
...It said it had “started to see” sales increases in North America....
October 5, 2023
InterviewEpic Games Inc
Epic Games chief concerned Google will ‘get away’ with app store charges
...Epic’s in-game sales of digital items and upgrades are also subject to Apple and Google’s commission fees....
December 16, 2023
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
FT Asset Management
Asset Management: Millennium’s succession dilemma
...Asset managers need to ‘step up,’ says outgoing Legal & General chief Nigel Wilson, the outgoing chief executive of Legal & General, has called on the asset management industry to “step up” and become problem...
November 20, 2023
FT Asset Management
Asset Management: How Schonfeld fell into Millennium’s arms
...There’s the sale of ratings, data and indices to the same investor clients, as well as the sale of consultancy services to help companies improve their ratings, and the practice of charging companies to...
October 9, 2023
Gillian Tett
What TikTok tells us about the paradox of markets right now
...An estimated $8bn has been invested by private capital companies, including Sequoia Capital, Susquehanna, General Atlantic and Coatue Management....
March 14, 2024
Oil & Gas industry
Biden’s offshore drilling curbs hit by lawsuits
..., putting American consumers at greater risk of relying on foreign sources for our future energy needs,” said Ryan Meyers, API’s general counsel....
February 12, 2024
ARK Investment Management LLC
Can Cathie Wood’s Ark conquer Europe?
...European countries are marked by their own distinct dynamics that are vital for a new entrant to understand, according to Howie Li, the head Legal & General Investment Management’s $15bn ETF arm....
October 30, 2023
Tesla Inc
Tesla shares drop 12% after sales growth warning
...EVs made up 7.6 per cent of the domestic car market, up from 5.9 per cent in 2022....
January 25, 2024
Entain PLC
Activist investors pile pressure on Ladbrokes owner Entain
...A person close to Entain pointed to the re-election of Nygaard-Andersen with more than 99 per cent of shareholder support at the group’s annual general meeting in April....
November 22, 2023
VinFast LLC
VinFast says most of its electric vehicles have been sold to a related party
...Motors, whose sales are in the millions....
September 13, 2023
Electric vehicles
Stellantis warns of EV ‘bloodbath’ as Ford cuts F-150 Lightning output
...Ford has scaled back plans for an EV battery plant, while General Motors and Tesla have paused some of their EV expansion efforts....
January 19, 2024
UK politics
Low uptake of heat pumps slowing efforts to decarbonise Britain’s homes
...It said domestic boilers accounted for about 18 per cent of the country’s CO₂ emissions in 2021....
March 18, 2024

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