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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
CEO projects share of sales will double as companies integrate technology into operations
April 23, 2024
Greensill Capital
UK Insolvency Service seeks 15-year director ban for Lex Greensill
...He was awarded a CBE in 2017 for “services to the economy”....
March 7, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Greensill Capital
Lex Greensill sues UK government over ‘misuse of private information’
...One of Greensill’s major clients was GFG Alliance, the metals group of Sanjeev Gupta, which had borrowed $5bn from Greensill Capital....
March 5, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Ogilvy, which has previously worked with a host of pharma groups including Pfizer and Johnson & Johnson, is launching a business that offers vetted influencers to talk about illnesses and possible solutions...
April 23, 2024
Signa Holding
Insurers built €3bn exposure to struggling Signa property empire
...Signa Holding, the central company in the group that owns Selfridges in London, the Chrysler building in New York and KaDeWe in Berlin, filed for administration last month....
December 12, 2023
Google LLC
Google considers charging for AI-powered search in big change to business model
Proposals would mark first time any of the software group’s core product falls behind a paywall
April 3, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Tefaf Maastricht 2024
Battle to keep sculpture in Britain highlights European museums’ struggles
...For 40 years, a 12th-century walrus-ivory carving on loan to the V&A in London has captured the imagination of museum visitors....
March 2, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Activist investor Sparta Capital Management is calling on London-listed engineer Wood Group to consider a US listing to address the “continued underperformance of its shares”....
April 19, 2024
ObituaryVince Power
Vince Power, music impresario, 1947-2024
...London would become his home from home, the place where a rural Irish boy could turn himself into a multi-millionaire impresario with an honorary CBE from the Queen....
March 16, 2024
Conservative Party UK
Conservative party donor Mohamed Mansour is awarded knighthood
...Mansour, a billionaire, is a naturalised UK citizen who is chair of Mansour Group, a Cairo-based conglomerate....
March 28, 2024
UK honours system
Stephen Schwarzman given honorary British knighthood
...Blackstone has been aggressively expanding in London in recent years and says it now employs more than 600 people, double the figure it employed about three years ago....
March 1, 2024
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
April 23, 2024
TGI Fridays Inc.
TGI Fridays’ US operations to have London listing
...Welker is a partner at Sherborne, the investment group that led the break-up of former Hostmore owner Electra in 2021....
April 16, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...Such pledges have been made in other industries such as technology, with software groups offering not to enforce their rights to help facilitate the development of open source platforms....
April 22, 2024
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...The takeover of Inchcape’s dealerships will give New York-listed Group 1 Automotive which has outlets in London, sites in the northern part of the UK....
April 15, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Lok'nStore Group PLC
Lok’nStore agrees £378mn takeover by Belgian-listed rival Shurgard
...In a joint statement, the groups said the deal would give Shurgard a bigger presence in the south-east and Manchester, the “two most attractive target markets outside of London”, and where the majority of...
April 11, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...Pharmaceuticals groups Pfizer and Moderna, which have both faced criticism from fringe groups over their Covid-19 vaccines, also spent heavily on security for their CEOs last year....
April 21, 2024
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...On a year-on-year basis, deliveries fell almost 9 per cent for Tesla while rising 13 per cent for BYD, although the figure was nowhere near the 85 per cent annual growth the Chinese group reported in the...
April 23, 2024
Turkish economy
Turkish airlines and airports reap rewards from bet on pandemic recovery
...London’s Heathrow is focused on a scaled down growth plan after decades-long struggles to build a third runway, while the Dutch government has been pushing to lower the number of flights at Amsterdam’s Schiphol...
April 21, 2024
JD Sports Fashion PLC
JD Sports to deepen US reach with $1bn bid for Hibbett
...The combined group would have revenues of about £4.7bn in North America, JD Sports said, adding that the region’s contribution to sales would increase to about 40 per cent, from current levels of about 30...
April 23, 2024
Ithaca Energy Inc
Ithaca Energy in exclusive talks for Eni’s UK upstream assets
...Its former chief executive, Alan Bruce, left the group early this year....
March 27, 2024
Letter
Letter: UK’s leading role in aviation emissions policy hit by Brexit
...Graham Pendlebury CBE (Former Senior Civil Servant, DfT) Surrey, UK...
July 28, 2023
Ripple Labs, Inc.
Ripple Labs joins stablecoin rush amid crypto market revival
...The group is also moving into an increasingly competitive market....
April 4, 2024
The Week Ahead
Opening arguments begin in Trump trial
...AGM and trading update, Inchcape Q1, Intel Q1, London Stock Exchange Group AGM and Q1 trading statement (revenues only), Merck & Co Q1, Microsoft Q3, Nestlé Q1 sales figures, Northrop Grumman Q1, Persimmon...
April 21, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...Huen currently has a sold-out show at Matt Carey-Williams in London (until May 25)....
April 18, 2024

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