Hints and tips:
...Local head Isabel Ge Mahe said the company was “proud to deepen our roots in China and expand our world-class facilities here”....
...With inflationary pressures growing, there has been considerable uncertainty over consumer behaviour....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...And so what we’re doing is enabling AI to automate those types of calculations and validations, so that in real time, information can be provided back to the consumer and the consumer can have access to...
...J&J wants to split its high-risk, high-reward drug development business from its income-producing consumer products division....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...BaFin head ousted over Wirecard scandalGermany’s finance minister has pushed out Felix Hufeld, head of the country’s financial watchdog BaFin, over his handling of the Wirecard scandal....
...Russia is seeking to manufacture its Sputnik V vaccine in Italy to meet a surge in overseas contracts....
...(BBG) News round-up Chrysaor agrees reverse takeover of Premier Oil (FT + Lex) Finablr agrees to take over offer from Prism (FT) Bridgewater settles suit filed by former co-chief executive (FT) GE faces...
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...Finally we see risk to credit from bad debts over the next year and further out a rapidly evolving consumer finance environment with cheaper retail alternatives....
...Zaifman was previously tax director at GE Energy Financial Services. DD has also exclusively learned of several job moves at Deutsche Bank....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Under Mr Welch and Mr Immelt, GE made bold leaps into new fields, including investment banking, consumer finance, broadcasting and healthcare, with patchy results....
...Will institutional lenders fly as they did in the crisis from traditional finance companies, such as Household and GE Capital?...
...Mr Flannery’s strategy reflects a sharply different assessment of GE’s strengths and weaknesses compared with his predecessors Jack Welch and Mr Immelt, who believed GE’s corporate centre played a critical...
...Last year was exceptional for Europe Inc in terms of growth, profitability and business expectations....
...Patagonia v Donald Trump Late last year visitors to Patagonia’s website were greeted by a black page which stated “The President Stole Your Land.”...
...The biggest companies, particularly in the most digitally connected parts of the economy (tech, finance and media), are incredibly productive. Everyone else, not so much....
...Together with GE Appliances, which is owned by Haier of China, its sales account for roughly three-fifths of the almost 18m laundry machines and dryers sold in the US last year, according to Euromonitor...
...These bankers were hired across M&A, acquisition and leveraged finance, equity capital markets, consumer and retail, healthcare, financial institutions, industrials and technology groups....
...A 34oz bottle of P&G’s Pantene Pro-V Shampoo & Conditioner was listed by 10 different sellers — nine of them third parties — on the shopping site....
...The news came just after Mr Musk had taken to Twitter to celebrate delivery of the company’s first consumer product — a consignment of flame-throwers....
...But Deepwater Horizon remains a drag on finances compared with rivals....
...Warren Buffett’s Berkshire Hathaway has ramped up its bet on the consumer finance sector with a new position in credit card company Synchrony Financial during the second quarter....
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