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James Dyson
Hunt tells Dyson to ‘stand for election’ after fiery meeting
...Dyson’s business interests have expanded beyond vacuum cleaners and hair dryers into areas such as farming and education, bringing his business operations further into heavily regulated sectors....
March 20, 2024
InterviewIndian business & finance
India seeks to secure critical mineral resources in race for lithium
...New Delhi is pushing state-owned mining groups to pursue mineral reserves in South America and Africa as well as inviting bids to develop domestic mining blocks as it seeks to expand industries such as electric...
April 23, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
UK banks
Iran used Lloyds and Santander accounts to evade sanctions
...“For UK banks to continue doing business with them is not only a major risk but is inconsistent with stated policy towards the Iranian regime,” he said....
February 5, 2024
SoftBank Group Corp
SoftBank posts $1.5bn quarterly profit as it shifts to AI investment
...The group is doing some AI deals through SoftBank instead of the Vision Funds in order to avoid the need for an exit, said Goto....
May 13, 2024
News in-depthMacau
Macau roars back as gamblers return to ‘Las Vegas of the east’
...Analysts said investors remained wary of the substantial debtloads the casino groups took on to fund operations during the Covid-19 pandemic....
March 31, 2024
Anglo American PLC
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
...He added: “If I was a BHP shareholder and I was still capable of doing a cartwheel I’d do two if I got it at this price.”...
April 25, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
MTN Group Ltd
South Africa’s MTN warns of 90% hit to profits from naira devaluation
...The naira has plunged 70 per cent against the US dollar since June, increasing operating and finance costs as well as foreign exchange losses for MTN’s Nigeria business, which has about 79mn customers and...
March 1, 2024
Ruffer Investment Co Ltd
Ruffer to axe jobs after poor investment performance
...UK asset manager Ruffer is planning to axe jobs across the business after a poor investment performance last year, as the industry battles rising costs and pressure on profits....
April 14, 2024
Nissan Motor Co Ltd
Nissan looks for partnerships to cut electric vehicle costs
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
March 25, 2024
News in-depthNigeria
Currency crisis pushes consumer groups from Nigeria
...Yet for all the concerns being raised about doing business in Nigeria, some non-western consumer brands see an opportunity to provide Nigerians with cheaper alternatives as their bigger rivals pull back....
April 14, 2024
Britain after Brexit
New import charges crystallise cost of Brexit Premium content
...The reaction of a broad swath of trade lobby groups was unanimous: unvarnished anger....
April 4, 2024
The Big Read
The implosion in luxury ecommerce
...“The cost of doing business has been increasing, they need to refresh the technology and do big investments, profitability has not come easily,” she says....
March 29, 2024
Gaming
Spending a lot of time on RuneScape
...Somebody is buying RuneScape again: Private equity group Carlyle is to sell UK video games maker Jagex to Europe’s CVC Capital Partners in a deal estimated at just below £1bn as interest in the industry...
February 19, 2024
IPOs
Why CVC’s IPO was such a hit
...They knew exactly what they were doing. This attitude shows how a successful business creates a virtuous cycle that eases IPO execution enormously....
April 29, 2024
Fortescue Metals Group Ltd
Fortescue chair slams Germany for U-turn on EU supply chain rules
...It is one of the bloc’s most ambitious efforts to raise standards in countries outside the EU, as well as among its member states....
February 19, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
The Big Read
How Google lost ground in the AI race
...But it took years to prove to advertisers and investors that mobile advertising would be as effective and profitable as its existing business....
April 5, 2024
Reform party UK
Reform UK’s unusual structure with Nigel Farage in the middle
...Doing so would require him to leave his lucrative role as a television host around a month before voters take to the polls....
April 26, 2024
LexNintendo Co Ltd
Nintendo: more movies should power up revenues for game group Premium content
...Consoles and games account for over 90 per cent of group sales. Not that the gaming group is doing badly. Shares are up about a quarter this year....
November 8, 2023
UK retail industry
Surviving UK department stores seek to avoid fate of fallen rivals
...The new Frasers “is probably the modern department store if you look at what we’re doing . . . we’re combining our group’s businesses”, he said....
January 5, 2024
Electric vehicles
China’s EV suppliers look to leverage superior tech to recouple with west and drive expansion
...well as smaller battery material groups CNGR Advanced Material and GME Resources....
February 18, 2024
News in-depthIndian business & finance
India’s assault on unsecured loans hits Paytm and other fintech groups
...Hardika Shah, the founder of Kinara Capital, a non-bank financial company that provides unsecured business loans, said that while the RBI’s measure did not directly affect them as business lenders, it was...
December 18, 2023
News in-depthRetail sector
Nike challenger Anta faces fresh rivals in Chinese sportswear race
...“Chinese are doing a wider range of sports at a high level....
December 26, 2023
News in-depthMergers & Acquisitions
Bob Diamond and Rich Ricci are banking on a City revival
...at the groups, and at some competitors, said Diamond and his flamboyant lieutenant Ricci had spotted an opportunity to build a strong business....
January 17, 2024
News in-depthBYD Co Ltd
Wang Chuanfu, the driving force behind BYD’s rise
...Meanwhile, the group’s prospects in the US and Europe remain uncertain....
January 4, 2024
The Art Market
Celebrity auctions boost sales in a turbulent year
...It’s a nuanced change to the naked eye, but younger outfits such as London’s Guts Gallery talk of “championing instead of representing”, marking the shift in business models for the next generation of gallerists...
December 28, 2023

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