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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...It has also rolled out AI tools to its 33,000 employees, helping them manage company data, write text, summarise information and produce slides....
April 23, 2024
Instagram
Instagram overtakes TikTok in app downloads in race for new users
...So far, in 2024, that company has already hit more than $500mn GMV in the US. Meta and TikTok did not respond to requests for comment....
March 8, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...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....
April 23, 2024
Semiconductors
SK Hynix to build advanced plant in Indiana in boost to US chip self-sufficiency
...SK Hynix currently produces its HBM chips in South Korea....
February 1, 2024
News in-depthAgricultural commodities
Latin American cocoa farmers rush to expand planting as prices spike
...Debenham noted the time required for plants to bear fruit, adding: “By the time it comes to produce, then everyone’s planted cocoa and suddenly [the price] goes back down.”...
April 23, 2024
News in-depthUK agriculture
‘It’s too wet’: UK food security at risk because of record rain, farmers warn
...Supermarkets keen to keep prices low for squeezed consumers could look elsewhere to ensure a steady supply of fruit and vegetables, said Ward....
April 13, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Ithaca Energy Inc
Ithaca Energy in exclusive talks for Eni’s UK upstream assets
...It previously warned that it would have to defer or cancel investment, and produce less oil....
March 27, 2024
EU business regulation
EU agrees action to cut packaging waste in face of heavy lobbying
...Freshfel, the European fresh produce association, said the fruit and vegetable sector had been unfairly targeted by the European Commission, according to industry publication Fruitnet, and that it would...
March 4, 2024
Claer Barrett
Heaven preserve us! Meghan’s jam brand may have a sticky start
...Jam on toast is hardly the go-to snack of Los Angeles A-listers, so I smirked at the “curation”: glossy snaps of a sugar and carb-laden treat against a backdrop of fresh produce and smoothies....
April 20, 2024
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...J&J’s medtech division has outstripped the growth of the company’s drugs and diagnostics business, generating $30.4bn in sales last year, or 35 per cent of group revenues....
April 5, 2024
House & Home
What does ‘local’ actually mean?
...Depending on the season, Leigh Court Farm sells around a half of its own produce and gets the rest of its fruit and veg from elsewhere....
March 30, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
...Even if Musk is exaggerating, which is one of his fortes (his forecasts of landing a rocket on Mars and Tesla’s self-driving rollout are behind schedule), he is in large and growing company....
April 19, 2024
Behind the Money podcast17 min listen
Can WeightWatchers survive the Wegovy era?
...Then, GLP-1 anti-obesity drugs hit the market, long-time spokesperson and board member Oprah Winfrey announced her departure, and the company’s credit rating was downgraded....
April 10, 2024
Accountancy
Investors left in the dark after US companies fail to file on time
...The auditors of large US companies are required not just to sign off on the annual figures themselves but also on the internal controls and systems that a company used to produce them....
March 1, 2024
Tesla Inc
Tesla evacuates German plant after suspected arson attack triggers power cuts
...The US company told the Financial Times there had been “no attack on or fire at the factory”, which is situated in the Brandenburg region south-east of Berlin and produces 6,000 cars a week....
March 5, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...But companies rarely prosper by telling customers they are wrong, and the same principle applies to governments. Mandating that carmakers produce more EVs does not guarantee that buyers want them....
April 10, 2024
Electric vehicles
Honda and Nissan to join forces to survive electric vehicle race
...“The rise of emerging players is becoming faster and stronger. Companies that cannot respond to the changes will be wiped out,” said Honda’s president Toshihiro Mibe....
March 15, 2024
LexBoeing Co
Re-merger of Boeing and Spirit AeroSystems pits quality control against value creation
...He concluded that assessments on transaction, monitoring and agency costs would compel managers to either produce internally or outsource to another company....
March 4, 2024
LexUber Technologies Inc
Uber should steer clear of buybacks Premium content
...Last year, chief executive Dara Khosrowshahi claimed that Uber was a business that could produce substantial sums of cash....
February 8, 2024
Media
Redstone prefers rival deal to Apollo’s $11bn Paramount studio bid
...That deal would result in Ellison running the combined Paramount and Skydance, which already produce movies together including Top Gun and Mission: Impossible, according to those briefed on the plan....
March 21, 2024
ASUSTeK Computer Inc
Taiwan’s top computer maker to produce servers in US to tap AI boom
.... ©2023 Nikkei Inc. All rights reserved....
November 21, 2023
Sustainability
Radical food system overhaul would raise costs but deliver $10tn a year benefit, report says
...It would also require a shift to “more healthy diets”, such as eating more fruit, vegetables and pulses, while cutting down on consumption of animal products in industrialised nations....
January 29, 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
Tesla Inc
Tesla forced back to drawing board over German expansion plans
...The factory, which opened in March 2022, employs 12,500 people and produces 6,000 electric vehicles a week. But Tesla has ambitious plans to expand capacity from 500,000 cars a year to 1mn....
February 22, 2024
The Big Read
How Gulf states are putting their money into mining
...But reaping the fruits of exploration will take years, if not more than a decade....
April 1, 2024

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