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Mondelez International Inc
EU set to fine Oreo maker Mondelez for blocking cross-border sales
...Regulators can impose fines of up to 10 per cent of a company’s global turnover if they are found to have broken EU competition law. The commission declined to comment....
April 16, 2024
Travel & leisure industry
Spain supplants UK as top hotel investment destination amid buoyant demand
Britain falls to second most appealing European country to deploy capital, according to CBRE survey
April 14, 2024
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
Artificial intelligence
MPs warn over lack of AI rules for UK’s creative industries
...“Talented actors, writers, composers and singers are failing to share in the global success of the UK’s creative industries as the sector struggles to navigate a perfect storm caused by everything from the...
April 10, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
April 15, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...But less global focus can mean missing out....
March 29, 2024
TGI Fridays Inc.
TGI Fridays’ US operations to have London listing
...The new entity will be named TGI Fridays, with the US and global operations remaining in Dallas under chief executive Weldon Spangler....
April 16, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Britain after Brexit
Five ways to support business and innovation post-Brexit Premium content
...The UK has the opportunity to become a global leader in the giving of regulatory approval....
February 29, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
An unwinding of the Ticketmaster deal no longer looks far-fetched
April 18, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...As Peter Campbell laid out in the Financial Times yesterday: The global auto industry manufactured 10.5mn electric vehicles last year — and expects to produce 13.5mn this year . . ....
April 3, 2024
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
...Rob Beard, chief legal officer, general counsel and head of global policy at Mastercard, said: “This agreement brings closure to a long-standing dispute by delivering substantial certainty and value to business...
March 26, 2024
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
LexNetEase Inc
‘World of Warcraft’ return to China will bring peace to NetEase investors Premium content
The gaming giant once made as much as 5% of its total sales from Blizzard games
April 13, 2024
Disrupted Times
Brussels blasts Big Tech
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
March 25, 2024
Airlines
US airlines under fire for raising baggage fees again
...The airline industry is largely united in opposition to the rule....
March 10, 2024
LexUS banks
Net interest income may have peaked for Wall Street banks Premium content
The flipside to higher rates is people want more for their savings, too
April 12, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
Tesla to cut 10% of global workforce
...The job cuts come as the slowdown in sales of electric vehicles makes waves through the global car industry, with companies across the supply chain slashing jobs and cutting costs....
April 15, 2024
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
People in the US are being squeezed to such an extent that they are spending less altogether
March 19, 2024
Hertz Global Holdings Inc
How Hertz’s bets on Tesla and a Goldman veteran veered off course
...The two firms had developed a thesis that travel would bounce back sharply after the global lockdowns with beaten-down travel and hospitality companies benefiting the most....
March 20, 2024
Chinese trade
Xi Jinping says China’s exports are helping to ease global inflation
...“From a global perspective, different countries have higher production capacities in their stronger industries, in other industries they [are] lower,” he said....
April 16, 2024
Unhedged
Inflation is not going quietly Premium content
And Apple’s legal fight
April 11, 2024
Energy Source
Oil and gas executives expect slower transition to net zero Premium content
...It’s a good primer on the thinking within the industry as it heads to the CERAWeek conference next week. We’ll be there, so please drop me a line: amanda.chu@ft.com....
March 14, 2024
LexProperty sector
Holiday rental curbs won’t stop complaints about Airbnb Premium content
...Tighter regulation of holiday lets is a global theme. Airbnb is examining new business lines as revenue growth slows following a post-pandemic boom....
February 24, 2024
Investing in funds
Index providers are massively dull — and massively profitable
...Cerulli Associates estimates that assets in direct indexing might hit $800bn by 2026, but that’s still pretty modest compared to the size of the global investment industry, or even just the passive bit of...
March 19, 2024
Due Diligence
How buying Teslas hurt Hertz Premium content
...Analysts at Barclays estimate the ice cream business to be worth up to €17bn, and Unilever is the industry leader with 20 per cent share of the global ice cream market....
March 20, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...If found guilty of non-compliance, companies face hefty fines that could amount to up to 10 per cent of their global turnover....
March 25, 2024

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