New Galvestton Company

April 22, 2024

BBC

New BBC chair to exit TV business ahead of appointment

...Shah will also need to leave the company to return in his new role heading the BBC’s board....

February 10, 2024

FT Live

Diversity in Finance Awards 2024

Celebrating diversity, inclusion and equality in the financial services sector.

Utilities

UK updates water company insolvency laws amid fears over sector’s finances

...The new law provides more options for special administrators to restructure companies that are unable to repay their debts and may make it less likely that the government is forced into renationalising water...

January 25, 2024

Automobiles

Pendragon owner to cut hundreds of jobs in used car overhaul

...At one point in 2021, the shortage of new vehicles was so acute that prices for used cars overtook the cost of new vehicles for the first time....

April 23, 2024

Investments

IG Group clients hit by refund errors

...We will contact them again to keep them updated on the resolution,” the company said....

April 26, 2024

Moral Money

New York’s green troublemaker Premium

...In 2022, the green financing ratio for North American banks averaged 0.6, according to Bloomberg New Energy Finance (BNEF)....

March 20, 2024

FT Live

TNW Conference 2024 - The Next Web

Europe’s leading tech event for corporates, startups, investors and governments

Travel

Shortcuts: Explora launches new expeditions and the ‘power-hour’ lunch comes to London

...Now though, the company is looking beyond its core business of luxury lodge-based trips....

March 30, 2024

LexRetail trading

Webull’s $7bn listing deal shows Spac madness is not entirely over Premium

...Existing Webull shareholders will own 98.1 per cent of the new company and control all the voting rights, via a dual class share structure....

March 4, 2024

Retail trading

Small investors power Trump Media’s market valuation above $13bn

...Reddit was the fourth-most traded company on Tuesday on Interactive Brokers, days after a blowout public offering that saw its shares leap 48 per cent on their debut....

March 27, 2024

Intel Corp

Intel to manufacture chips for Microsoft as AI drives demand

...Gelsinger said that Intel was “establishing two vibrant new organisations”, adding that the company has already inked foundry deals with a lifetime value of $15bn....

February 21, 2024

ReviewTheatre

The Frogs, Kiln Theatre review — Spymonkey lavish new layers of absurdity on Aristophanes

...Meanwhile the serious point of the piece — the company’s deep grief over Kreiss and soul-searching about continuing — gets lost in the melee....

February 14, 2024

FT News Briefing podcast10 min listen

US Steel gets a new owner

...Mentioned in this podcast: Activist Cevian places €1.2bn bet on UBS Nippon Steel agrees to buy US Steel for $14.9bn The Fiddler’s Ferry blast that will reshape a town’s identity The FT News Briefing...

December 19, 2023

Corporate culture

Call for entries: Best Employers Asia-Pacific 2025

...The Financial Times and its research partner, Statista, are launching a new project: to identify the best companies to work for — in different regions of the world....

February 27, 2024

Oil & Gas industry

US landowners sue to force oil company clean-up of abandoned wells

...The lawsuit comes as new taxpayer money becomes available for clean-ups....

February 23, 2024

XPeng, Inc

China’s Xpeng to boost spending to survive ‘bloody sea’ of EV competition

...A Chinese rival to Tesla said it was increasing investment and hiring thousands of new staff to survive a “bloody sea” of competition....

February 19, 2024

FT Live

Innovation in Wealth Management Summit

Augmented intelligence for client-centric services

Airbnb Inc

Airbnb plans $6bn in new share buybacks as it looks to ‘reinvent’ itself

...— chief executive Brian Chesky said that the company’s initial new products would focus on its core business....

February 13, 2024

Retail & Consumer industry

Wilson and Arc’teryx owner Amer Sports files for New York IPO

...Amer Sports, owner of brands including Salomon, Wilson and Arc’teryx, has filed for an initial public offering on the New York Stock Exchange, as the Chinese-owned company looks to raise money to reduce...

January 4, 2024

News in-depthTelecoms

The challenge facing BT’s new boss

...Outgoing BT boss Philip Jansen set in motion radical cost cuts at the telecoms company....

December 27, 2023

Equities

Kaspi looks beyond London listing to brighter lights of New York

...The boss of $18bn fintech Kaspi said the US was the “natural home” for an ambitious technology company after it became the latest London-listed group to sell shares in New York in search of higher valuations...

January 21, 2024

ReviewDance

Paul Taylor dance company, New York review — poetic dramas

...His dance company survives him....

November 23, 2023

Games industry

Tencent rocked by new Chinese online gaming restrictions

...Shares in China’s biggest online gaming companies recorded substantial losses on Friday after Beijing fired a volley of new measures to tighten control of the world’s largest gaming market....

December 22, 2023

On Wall StreetCraig Coben

Skyrocketing Arm share price shows need for UK reform

...You just need a great company and a listing venue that global investors can access....

February 17, 2024

Dyson James Group Ltd

Dyson picks JLR battery expert as next chief executive

...Dyson has named former Aston Martin and JLR director Hanno Kirner as its chief executive, as the engineering company increases its focus on battery technology and pushes into new industries....

January 16, 2024

Artificial intelligence

Naver’s Rookie robots-on-wheels test new ways of office working

...“We have a full portfolio [of technologies] that can cover many new use cases,” said Albert Wang, Naver Labs’ principal researcher. “A lot of companies focus on single applications....

December 25, 2023

Rolls-Royce Holdings PLC

Investors cheer sharp shift in fortunes at Rolls-Royce

...Erginbilgic has made much of the fact that the company could use new engine technologies from its UltraFan programme to work with another supplier....

January 1, 2024

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