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Media
Ex-Lionsgate UK boss to channel $150mn into British film and TV
...Funding for True Brit Entertainment was led by LA-based talent management and entertainment company Three Six Zero, which represents artists such as Calvin Harris and Jaden Smith....
November 2, 2023
Brazilian economy
Blackouts spark fears of grid ‘collapse’ in Brazil’s biggest city
...But he added that “Enel has almost doubled investments . . . to about R$1.5bn [$300mn] a year, compared with R$800mn invested by the previous concession holder....
April 7, 2024
FT Live
Brazil Summit
Building a resilient and sustainable economy
Wednesday, 15 MayNew York, NY, USA
HM Revenue & Customs
HMRC undermining innovation by failing to award R&D tax credits, say start-ups
...Matthew Millar, co-founder of Really Clever, said he was considering moving its operations abroad after the fungal discovery platform was asked to repay £44,000 in relief — a request by HMRC that the company...
April 1, 2024
The Big Read
Lula’s playbook: Brazil bets on a return to state capitalism
...Of the R$1.4tn ($290bn) of investments targeted by 2026, there is to be $76bn of federal funding....
January 16, 2024
News in-depthBrazilian society
São Paulo’s historic centre has fallen into crime-ridden decay. Can it be revived?
...Most prominent among the city’s plans is a R$1bn subsidy package for companies that renovate old or abandoned buildings....
January 1, 2024
Chess
Indians shine at Candidates, but Russia’s Nepomniachtchi leads again
...Now he is a frontrunner, who was joint leader with 17-year-old Gukesh D (India) on 4/6, ahead of the favourite Fabiano Caruana (US) and Praggnanandhaa R (India) on 3.5....
April 11, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
ReviewVisual Arts
Paintings’ forgotten Black faces step back into history in Unnamed Figures — exhibition review
...His sister Ida R Cummings wears the eyeglasses, pearls and severe hair-do appropriate for the city’s first Black kindergarten teacher....
February 7, 2024
Brazilian politics
Brazil’s congress approves looser spending rules in boost for Lula
...It paves the way for a major public works programme underpinned by R$370bn ($74bn) of federal funds over four years. “The new framework expands the government’s margins for investments and spending....
August 23, 2023
HTSI
Brutalist design, brilliant food
...food hasn’t always matched the excellence, creativity and ambition we see onstage,” admits Hawksmoor co-founder Huw Gott who, along with Café Rouge founder Karen Jones and Chelsea Arts Club CEO Geoffrey Matthews...
October 9, 2023
Global InsightBryan Harris
Lula brings retro playbook to a modern Brazil
...Between June and July, the government spent R$650mn ($135mn) subsidising the sale of 125,000 so-called “people’s cars” to less well-off citizens....
July 26, 2023
News in-depthBrazilian politics
Lula struggles with rightwing Congress as Brazil’s ‘broad coalition’ unravels
...As Congress stripped power from his ministries this month, Lula released R$1.7bn ($350mn) in such stipends to try limit the damage — the largest single-day release of funds of this type under this government...
June 18, 2023
Letter
Letter: Poland’s middle income trap is of its own making
...Matthew Olex-Szczytowski Warsaw, Poland...
June 19, 2023
Accounting & Consulting services
PwC and KPMG drawn deeper into Brazilian retailer’s accounting scandal
...Americanas’ trio of billionaire shareholders and creditors have been hashing out the terms of a financial rescue that would involve them injecting up to R$12bn (US$2.5bn), while creditors accept a debt-for-equity...
June 19, 2023
ReviewTheatre
A Strange Loop is a dazzlingly clever multi-layered musical — review
...Making Katurian a woman in Matthew Dunster’s production subtly changes the dynamic....
July 5, 2023
Energy Source
Brighter skies for US offshore wind Premium content
...Matthew Gurch joins Baker Botts as a partner in the energy, projects, and transactions section of the law firm’s global projects department. Gurch joins from Stoel Rives....
March 7, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Brazilian politics
Lula’s move to scrap spending cap sparks fears of debt build-up
...Officials forecast total public revenues of R$2.37trn this year....
May 7, 2023
African economy
US strikes four African countries off preferential trade list
...The Biden’s administration has increased diplomatic engagement with Africa, with visits by several top officials including vice-president Kamala Harris and treasury secretary Janet Yellen....
October 31, 2023
Leon Black
The downfall of Wall Street billionaire Leon Black
...Harris collected sports teams....
November 22, 2023
News in-depthAmericanas.com
How the $3.9bn Americanas scandal has shaken corporate Brazil
...“When we are facing a R$20bn loss that becomes R$43bn [at bankruptcy], I don’t see how we can’t hold responsible each and every citizen that was checking the accounts of the company,” he added....
February 6, 2023
Live news updates from January 19: Netflix CEO steps down, US hits debt ceiling
Brazilian retailer Americanas files for bankruptcy protection
...several prominent Brazilian billionaires, including the country’s richest man Jorge Paulo Lemann, Americanas has been engulfed in a maelstrom since it revealed accounting “inconsistencies” of more than R$20bn...
January 19, 2023
Brazilian economy
Brazil seeks to tackle deficit with ambitious economic programme
...The package envisages increasing revenues by more than R$190bn, while reducing expenses by R$50bn....
January 12, 2023
Bankruptcy
Brazil’s Americanas files for bankruptcy after $3.8bn accounting scandal
...Then on Thursday, Americanas revealed it had just R$800mn available in cash, shortly before filing for bankruptcy protection. The retailer declared debts of R$43bn to the court....
January 19, 2023
UK prime property
The downsizer’s dilemma
...“Borrowers got used to cheap debt and a certain lifestyle, with plenty of disposable income to spend on holidays, dining out, clothes, cars and school fees,” says Adrian Anderson, director of Anderson Harris...
November 23, 2023
InterviewBrazilian politics
How Lula’s government plans to boost racial equality in Brazil
...Rousseff and the R$100mn that Anielle believes the ministry needs....
February 8, 2023
News in-depthUS equities
Nasdaq and NYSE fight closest listings contest in five years
...“As the IPO market begins to open, we look forward to welcoming a robust pipeline of companies,” said Michael Harris, NYSE’s global head of capital markets....
September 19, 2023

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