JOHN T. BARNES

Drugmakers race to find alternative suppliers as US cracks down on Chinese biotech

...John Crowley, Bio’s newly appointed chief executive who used WuXi’s services when he ran Amicus Therapeutics, said the US pharmaceutical sector would “take years to extract ourselves from China, as it is...

April 11, 2024

Gambling industry

Entain included Antarctica and Vatican City on exit list in compliance drive

...Greg Johnson, an analyst at Shore Capital, said: “I struggle to see why it’s a great achievement to move out of markets you either weren’t ever really in or shouldn’t have been in the first place”....

January 6, 2024

FT Live

Future of Retail

Securing long-term business growth with technology innovation

Media

RedBird IMI closes in on £1bn deal for UK studio All3Media

...Analysts had expected ITV to buy All3Media given that the two companies have a common shareholder in John Malone’s Liberty....

December 12, 2023

DraftKings

DraftKings discussed bid for William Hill owner 888

...“I don’t even think 888 is up for sale at this point,” Robins said....

November 9, 2023

InterviewNorthern & Shell PLC

Richard Desmond seeks £200mn in damages in legal challenge to National Lottery auction

...“I don’t believe that print papers will be around in a period of time. We’ve only ever bought papers or TV stations to make money, not to create influence.”...

November 10, 2023

Virtual and Augmented Reality

Legoland owner to roll out augmented reality games to lure visitors

...“Maybe one day they turn around and say to us: ‘We’re better at selling drinks and T-shirts than you are . . . you should become part of the Merlin family.”...

October 6, 2023

FT Live

US Pharma and Biotech Summit

Strategies for innovation, pricing and access

The National Lottery

New UK lottery operator expects to fall short of charity money vow

...Referring to the interim agreement with IGT, Vidler said: “Damn right, it wasn’t meant to happen.”...

October 17, 2023

Private equity

Big Mamma restaurant group sells majority stake to private equity

...If you get that wrong, then it doesn’t really matter how many restaurants you’ve opened, if the restaurant has lost its way.”...

September 18, 2023

News in-depthDementia

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

...“It was one of the most epic episodes ever in pharmaceuticals history: you got an accelerated approval of a product that didn’t have a completed phase 3 trial....

April 22, 2024

Covid-19 vaccines

Hedge fund urges board shake-up at Novavax over struggling Covid vaccine

...Shah Capital does not have an issue with the leadership of Novavax chief executive John Jacobs and was pleased with his negotiation of a $349.6mn settlement with the Canadian government over the forfeiting...

April 15, 2024

Amazon.com

Amazon hopes anti-obesity drug demand will boost pharmacy business

...That is likely to help drive the “rapid growth” the business is experiencing as patients seek “more convenient options to engage with their healthcare”, John Love, general manager and vice-president of Amazon...

March 26, 2024

British American Tobacco PLC

BAT chief: moving to US not a ‘no-brainer’ as he defends London listing

...“If you have a shareholding of a UK [listed company] and you are located outside, you don’t pay withholding tax on your dividends, which is different from the US,” Marroco said....

March 17, 2024

News in-depthDrugs research

The race to develop the next generation of weight-loss drugs

...I don’t really see the problem.” Visuals and graphics by Bob Haslett and Steve Bernard...

April 1, 2024

Bet365 Group Ltd

Bet365 ‘cash machine’ keeps paying out for the house

...John, her brother, is also a significant shareholder, with about a quarter of its shares....

January 12, 2024

Biotech

Investors pile into psychedelic drug start-ups tackling mental health

...“You don’t have to be a tie-dye wearing investor to think of the psychedelic space as interesting,” said Protik Basu, managing partner of Helena Special Investments, which led the latest investment round...

February 10, 2024

FT Live

TNW Conference 2024 - The Next Web

Europe’s leading tech event for corporates, startups, investors and governments

News in-depthGambling industry

Blackstone-backed business cornered critical part of US betting market

...“If this wasn’t gambling, I would think you would find enforcers looking at this as a fairly serious violation of antitrust rules because I can’t imagine there’s any kind of business rationale for that [...

January 16, 2024

News in-depthRetail & Consumer industry

UK hospitality has mixed feelings about Christmas cheer

...“We’re seeing some improvements [in input costs] but I don’t think it’s time to celebrate....

December 13, 2023

News in-depthEntain PLC

Gambling group Entain’s chief under pressure as activists circle

...“She isn’t actually offering a solution.”...

December 8, 2023

Fuller Smith & Turner PLC

Fuller’s on track for best Christmas since before pandemic

...“We haven’t had a proper Christmas at Fuller’s since 2019,” said Emeny, referring to how pandemic restrictions and then last year train strikes had nixed trading over the key festive season....

November 15, 2023

News in-depthWaterstones Booksellers Ltd

Waterstones IPO would open new chapter for bookseller, says James Daunt

...We don’t do that any more,” said Daunt, who is also chief executive of the much larger Barnes & Noble chain in the US. “But Christmas is still essential....

December 2, 2023

ESPN Inc

Can Disney’s ESPN become the US’s biggest sports betting company?

...“I wouldn’t bet against ESPN Bet either.”...

November 14, 2023

John Thornhill

The AI race is generating a dual reality

...john.thornhill@ft.com...

April 18, 2024

ReviewStyle

Knitwear label John Smedley wants to bring manufacturing home

...They didn’t always have the same standards of health and safety,” says Maclean....

April 24, 2024

News in-depthUK Budget 2024

SMEs eye Budget boost as they battle rising costs and labour shortages

...“We employ a consultancy to do our R&D claims for us because we haven’t got the time to fight the claims,” he said....

March 5, 2024

Transcript

Poland’s complicated relationship with Ukraine

...The FT’s leisure industries correspondent Oliver Barnes joins me now. Hey, Oliver. Oliver Barnes Hey, Marc....

September 25, 2023

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