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...WPP’s Ogilvy advertising agency is creating a division specialising in online “health influencers” to help pharmaceutical companies tap a trend towards personalised health and combat misinformation....
...It launched a dedicated US edition in 2020 as part of a global, round-the-clock news offering....
...Polestar’s chief executive Thomas Ingenlath told the Financial Times that he had been contacted by Hertz’s chief executive Stephen Scherr last autumn to ask whether he could pause their agreement to buy...
...However, the broadcaster walked away from the talks this summer, with people close to the situation citing a reluctance among its investors to back such a large asking price....
...In June, the head of the LFP told L’Equipe newspaper that Canal+ had no intention of bidding in the upcoming auction for rights from 2024 to 2029. Candidates have until October 17 to apply....
...“Every company — some through more self-inflicted wounds, some just due to general market dynamics — has had a really rough adjustment from a stock price point of view,” he said....
...Good hair and a lofty valuation: a rare stumble poses the question, is L’Oréal worth it? Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...In the US, TGI Fridays is controlled by TriArtisan Capital Advisors, a US-based private equity firm, which will remain a major shareholder in the combined group....
...“despite clear improvements in Tod’s brand desirability and earnings momentum,” wrote Thomas Chauvet, analyst at Citi, in a note last month....
...Gabrielle Judge’s job at a tech company did not end with a whimper, or with a bang, but with a video....
...Amid rising geopolitical tensions, Cook has become a frequent visitor to China, a key market and huge manufacturing base for Apple products....
...When L’Oreal needed online descriptions across thousands of its different beauty products for retailers around the world, WPP was able to use AI to create a unique page for each....
...WBD executives see the move as a chance to expand into new markets for consumers who either do not yet have a streaming service or who are willing to pay more for a rival service....
...A claim filed in a court in Los Angeles on Tuesday said the use of a “special expenses” fund of $950,000 after tax was an agreed part of his contract....
...WPP Open, its AI technology platform, is used by more than 28,000 people in the group and has been adopted by clients including L’Oréal and Nestlé....
...Budweiser has produced a nostalgic ad featuring a team of Clydesdale horses and a Labrador making a beer delivery....
...nathalie.thomas@ft.com...
...Four-fifths of the cruise ships under order between 2024 and 2029 are being built by one of the big European ship makers: Fincantieri, Chantiers de l’Atlantique, Meyer Werft or Meyer Turku, according to...
...In 2021 a court in Shenzhen recognised a Hong Kong court-appointed liquidator’s authority in the case of Samson Paper....
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
...The group owns a stake in Tripledot, a mobile gaming group, and has taken a shareholding in Portal One, a Scandinavian games company combining gaming and television....
...“We will pay a very nice dividend for a pension fund-type investment rather than being in private equity.”...
...Greatly improving farming and refining a gentle style of winemaking since his first Beaune vintage in 2005, Croix is lighting the way for rising stars such as Chanterêves, Thomas Boulay, William Kelley and...
...In the meantime, the Eni deal would at least be a way of funding some growth back home. nathalie.thomas@ft.com This story has been updated to correct the valuation of Vår Energi relative to Eni....
...Overall fees for the mutual fund, which is offered in institutional shares as well as Class I, Class A, Class L, Class C and Class R6 share classes, range from 37 bps to 152 bps....
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