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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Influencers affiliated with Ogilvy will need to clearly say when they are being paid by a pharma company....
April 23, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Google LLC
Google considers charging for AI-powered search in big change to business model
...It is unclear how exactly the company would seek to integrate AI-powered search into these paid-for services, which offer different pricing tiers, or when the AI-powered search offering would be ready to...
April 3, 2024
Institutional Shareholder Services Inc
ISS clashes with German blue-chips over boardroom independence
...Influential shareholder adviser Institutional Shareholder Services has clashed with two of Germany’s biggest blue-chips over a lack of boardroom independence, recommending the chairs of BASF and Munich Re...
April 17, 2024
Brookfield Asset Management Inc
Brookfield in talks to buy majority stake in $22bn airline lender
...Many of the businesses now underwrite their own debt deals, lending either directly to companies or against a host of assets....
April 11, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...But the company was ultimately unable to get permission to operate locally....
April 19, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Netflix Inc
Netflix profits surge after password-sharing crackdown
...Netflix’s crackdown on password sharing helped the streaming service blow past Wall Street’s earnings forecasts, but its shares fell after it said it planned to stop regularly disclosing its subscriber numbers...
April 18, 2024
News in-depthBoeing Co
Airlines count the cost of Boeing’s production slowdown
...The company this week reported burning almost $4bn in cash in the first quarter as production rates slowed....
April 25, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
April 18, 2024
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
March 27, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...David Ellison, who runs Skydance, has 30 days to reach a deal with the company controlled by Shari Redstone’s National Amusements (NAI), her family’s privately owned cinema group that holds 77 per cent of...
April 3, 2024
Eurozone economy
Eurozone business activity rises to 11-month high
...Price pressures also picked up, as services companies passed on higher wage costs....
April 23, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...The company said the security services were “in the interests of the company and its shareholders”, owing to the “critical value” the pair provided....
April 21, 2024
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
...Swipe fees — otherwise known as interchange fees — have long been a point of contention between merchants and credit card companies....
March 26, 2024
Jefferies Group Inc
Jefferies boss sells $65mn in stock to buy a customer’s yacht
...“I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full-service investment banking firm.”...
April 24, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Accountancy
Investors left in the dark after US companies fail to file on time
...financial year-end for large companies....
March 1, 2024
EU tech regulation
EU probes Apple, Meta and Alphabet under landmark new law
...It added that it was looking at services including Google Shopping and Google Flights over whether the company was giving preference to these in its search results....
March 25, 2024
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...to us that they don’t understand how consumers shop today and they don’t understand the dynamics of a marketplace with no barriers to entry, constant influx of new competitors,” Joanne Crevoiserat, the company...
April 23, 2024
Ripple Labs, Inc.
Ripple Labs joins stablecoin rush amid crypto market revival
...The San Francisco company is battling a claim from the US markets regulator, which has for years pursued the company over its associated currency, XRP....
April 4, 2024
Citigroup Inc
Citigroup profits beat forecasts as bank sheds thousands of jobs
...Several of the bank’s businesses — including credit cards and corporate transaction services — did better than expected in a quarter that many thought would be marred by the upheaval of the restructuring...
April 12, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...The company makes about four-fifths of its sales in the US, where the market is highly competitive....
March 21, 2024
Exchange traded funds
Flows to European ESG exchange traded funds halve in first quarter
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
April 25, 2024
World Wrestling Entertainment, Inc.
Netflix strikes $5bn deal to livestream WWE’s Raw show
...The companies are also likely to develop documentaries based on WWE to help widen its appeal, Shapiro said....
January 23, 2024
Unhedged
Inflation is not going quietly Premium content
...In Europe, the competition authorities have fined the company €1.8bn for suppressing competition from rival music streaming services on its platform....
April 11, 2024
LexAsset allocation
Larry Fink’s faith in the power of markets needs some tempering Premium content
...They function as a place for depositors to safely store their cash and obtain other financial services beyond loans....
April 2, 2024

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