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Royal Mail
Royal Mail owner rejects £4.5bn takeover bid from Czech billionaire Křetínský
...However, it faces fierce competition from rivals such as Amazon Logistics....
April 17, 2024
Drones
NHS to pioneer drone deliveries in bid to improve service
...The world’s largest drone logistics service expects to deliver medical and surgical supplies to more than 30 NHS hospitals and clinics in the north of England in the second half of next year....
December 18, 2023
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Accounting & Consulting services
Deloitte and KPMG ask staff to use burner phones for Hong Kong trips
...In 2020, Beijing imposed a wide-ranging national security law on Hong Kong, an unprecedented step to exert greater control over the previously semi-autonomous territory....
November 27, 2023
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...Desai’s AND Partners LLC will provide services including “research on considerations around potential imposition of sanctions administered by the United States Office of Foreign Assets Control upon [Troost...
March 21, 2024
General Motors Co
GM to cut spending on self-driving unit Cruise after accident
...Its driverless vehicles have been operating in certain US cities including San Francisco as a taxi service....
November 28, 2023
Royal Mail
Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach
...While EP Group also holds some 30 per cent of PostNL, the Netherlands’ legacy postal service, a potential takeover of IDS would mark the first logistics business that Křetínský controlled....
April 19, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Aerospace & Defence
Chinese flying taxi sector claims global lead thanks to regulatory support
...of service,” Xie said....
April 22, 2024
Paramount Global
Sony and Apollo discuss teaming up to bid for Paramount Global
...Skydance is offering to buy Redstone’s National Amusements, which controls 77 per cent of Paramount’s voting stock, and later merge with the two companies....
April 19, 2024
Due Diligence
Tiger Global readies for new private bets Premium content
...(FT) Mike Ashley’s game of spoof over legal bill ‘quite serious’, says Morgan Stanley banker (FT) Microsoft, OpenAI and Nvidia back $2.6bn robot start-up (FT) Bidding war for Wincanton drives up UK logistics...
March 1, 2024
News in-depthUK defence spending
Lack of logistic support for carriers lays bare state of British navy
...It would also reduce options to address other national security issues — and allies might not always have sufficient spare capacity to help.”...
February 2, 2024
Football
Google DeepMind unveils AI football tactics coach honed with Liverpool
...The US National Football League and Amazon Web Services have developed a player health tool known as the Digital Athlete, which they hope may in time be able to predict and prevent injuries....
March 19, 2024
Hedge funds
Share price surge helps largest hedge funds to biggest profits on record
...Its largest holdings included Alphabet, Canadian National Railway, Visa, General Electric and rating agency Moody’s as at the end of September, according to a regulatory filing....
January 22, 2024
Technology sector
Australia threatens action against Meta after Facebook news payments axed
...“We will respond in the national interest,” he said, describing any situation where a company profits from another’s work as “unfair” and “not the Australian way”....
March 1, 2024
Special ReportEurope’s Climate Leaders
Europe’s Climate Leaders 2024: interactive listing
...This year the highest-scoring company is National Air Traffic Services, the UK air traffic control provider, with 88.8 points, followed by Swedish telco Tele2 — last year’s top scorer — and Spanish fashion...
April 25, 2024
News in-depthMergers & Acquisitions
Dawn of the credit card war? Capital One takes on Visa and Mastercard
...Lael Brainard, director of the White House National Economic Council, told CNBC on Tuesday that while she could not speak specifically about Capital One’s acquisition, she stressed that Biden remained very...
February 22, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News in-depthRoyal Mail
Robot arms and the humble postie: how Royal Mail plans to deliver
...The Daventry site, due to have an eventual capacity of 235mn items a year, sits amid a cluster of retailers’ national distribution centres, including those for Boohoo, Zara and Dunelm....
April 5, 2024
News in-depthNikkei Asia
Cambodia vexes Vietnam with plan to divert Mekong trade via China-built canal
...These would service a long-standing deep seaport inside Kampot’s sleepy cow pasture and rice field-filled special economic zone....
March 21, 2024
Scoreboard
America’s sports betting nightmare Premium content
...But aside from the usual issues on security, logistics and politics, there is one key question hanging over the biggest event in global sport: will the host nation actually enjoy it?...
April 20, 2024
FT Asset Management
Asset Management: Millennium’s succession dilemma
...Among the draws are the two-year-old Munch Museum on the waterfront, which displays the world’s largest collection of art by Edvard Munch; the state-owned National Museum of Art in Norway, which opened last...
November 20, 2023
Due Diligence
Berkshire Hathaway after Charlie Munger Premium content
...“[In] financial services, the record is particularly poor, as scaling typically requires hiring a lot of people, which erodes culture and can lead to excess risk taking,” he told analysts....
November 30, 2023
South Africa
South Africa’s infrastructure crisis deepens as Johannesburg taps run dry
...Africa’s most industrialised economy has been buffeted by power blackouts, transport problems and a crippling failure of service delivery that threaten the rule of the governing African National Congress...
March 15, 2024
Investments
Investors’ Chronicle: Chemring, RWS Holdings, Wincanton
...The London Stock Exchange used to be home to a number of logistics companies....
December 15, 2023
Google LLC
Google agrees to pay C$100mn a year for news in Canada
...The dispute blew up into the biggest conflict between the internet giants and a national government over news subsidies since Australia became the first country to pass a law on the issue in 2021....
November 29, 2023
Pension Insurance Corp Ltd
Apollo, Carlyle and KKR weigh bids for Pension Insurance Corporation
...Such insurers tend to hold a higher proportion of illiquid assets, and the fund has urged national regulators to consider the risks to the wider financial sector....
December 14, 2023
David Pilling
The bullish case for South Africa
...Add to that the fact that the African National Congress faces a national election in May in which its vote could fall below 50 per cent, and there’s all sorts of wild speculation about the political instability...
March 11, 2024

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