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UK local government finance
The Monaco hedge fund boss tied up with an indebted English town
...It added that the March 2021 meeting with then-finance officer Julie Hall had been “made and arranged” by M7’s then-chair Richard Croft....
April 24, 2024
JAB Holdings Ltd
JDE Peet’s replaces CEO and chair with ex-M&S boss Luc Vandevelde
...Simon was chief financial officer of JAB at the time and took over as JDE Peet’s chief executive later in 2020. Since then, JDE Peet’s has struggled to deal with rising input costs and inflation....
March 8, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Strong US inflation data keeps 90% of S&P 500 stocks in the red
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
April 10, 2024
Marks & Spencer Group PLC
M&S co-chief executive Katie Bickerstaffe to step down
...Bickerstaffe joined M&S as a non-executive director in 2018 and moved into an executive role in 2020 before becoming co-chief operating officer in 2021. She is the first female boss in M&S’s history....
March 7, 2024
Letter
Letter: Happiness is more than beanbags or pizza Fridays
...Richard SteinChief Growth Officer, Amazing Workplace, Bend, OR, US...
March 29, 2024
Nestlé S.A.
Nestlé hit by slowing frozen pizza sales in North America
...Ian Borden, chief financial officer at McDonald’s, in March said that low-income consumers had been cutting back on their fast food spending, choosing to cook at home instead....
April 25, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Metropolitan Police Service UK
Met police chief under pressure over handling of pro-Palestine protests in UK
...Ben Jamal, head of the Palestine Solidarity Campaign, which supports the protests, described the encounter as a stunt that was being used “to provoke a banning of marches against Israel’ s genocide”....
April 22, 2024
Northern Ireland
MI5 lowers N Ireland’s terror threat level
...Liam Kelly, chair of the Police Federation for Northern Ireland, which represents rank-and-file officers, said MI5’s latest assessment showed the wider security situation was “moving in the right direction...
March 6, 2024
On Wall StreetJennifer Hughes
A boring IPO market is a good one — for now
...Today it’s very different,” said John Wolff, chief investment officer for the public equities fund at venture capitalist Insight Partners....
April 20, 2024
Inside BusinessAnjli Raval
Why more CFOs are becoming CEOs
...Of the 674 companies featured in the Fortune 500 and S&P 500, 8.4 per cent of vacant CEO positions were filled by CFOs in 2023 — the highest percentage dating back to 2013, the first year of available data...
March 14, 2024
HSBC Holdings PLC
HSBC to take $1bn hit on sale of Argentina unit
...Chief financial officer Georges Elhedery said last year that the bank was considering selling or scaling back businesses in 12 countries, though he did not say which....
April 9, 2024
The Art of FashionThe Art of Fashion: the Individuality issue
The spring trends to know now
...“Bottega Veneta showcased a collection that was masterfully woven and sculpted, nearly reaching couture levels,” says Mytheresa chief buying officer Tiffany Hsu....
March 26, 2024
News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes
Shares of Apple supplier sink as 5G slowdown prompts outlook cut
...Jabil shares were the worst-performer in the S&P 500 Friday, down 16.5 per cent in afternoon trading and on course for their biggest drop since December 2013....
March 15, 2024
Exchange traded funds
India equity ETF set to debut on Abu Dhabi bourse
...Shanghai-headquartered Hywin Wealth is also weighing up opening an office in the Middle East, Lawrence Lok, Shanghai-based chief financial officer, told Ignites Asia....
January 24, 2024
Heathrow
Heathrow vows ‘robust’ plan as it faces record-breaking passenger numbers and strikes
...“We are seeing growth in all markets and in all classes [of travel],” said chief financial officer Javier Echave....
April 24, 2024
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
Skechers USA Inc
Skechers’ family troubles
...In last night from the SEC: The Securities and Exchange Commission today [Thursday] announced that Skechers U.S.A....
March 8, 2024
Markets volatility
Vix ‘fear gauge’ soars on Middle East tensions and interest rate shift
...The metric measures the price of options that enable investors to profit from swings in the S&P 500....
April 17, 2024
ReviewFiction
Tommy Orange’s Wandering Stars — a polyphonic saga of Native American experience
...Orange, an enrolled member of the Cheyenne and Arapaho tribes, achieved something like instant canonical status with his debut novel, 2018’s There There....
March 21, 2024
News
Directors’ Deals: Dots director dashes for cash
...Jet2’s shares are up 12 per cent since the start of the year. Meeson could not be contacted for comment....
April 26, 2024
Equities
US stocks rebound after jobs growth beats expectations
...The benchmark S&P 500 gained 1.1 per cent, while the tech-heavy Nasdaq Composite closed 1.2 per cent higher....
April 5, 2024
LexAccountancy
Teflon-maker’s scandal shows even cash isn’t safe from mischief Premium content
...The chief executive officer and chief financial officer of Chemours, who were put on leave, presumably would need some new trick or improvement in the underlying business to meet 2024’s cash flow target....
March 21, 2024
The Long ViewKatie Martin
The fun-free party in stocks
...If a downturn does arrive, “these stocks will lead the way down”, says César Pérez Ruiz, chief investment officer at Pictet Wealth Management. “People will sell what they own,” he added....
January 26, 2024
Equities
Small stocks, big problems
...The five-year growth rate of the Russell 2000’s earnings per share has been 14.4 per cent, compared with the large-cap Russell 1000’s 15.23 per cent....
April 17, 2024
War in Ukraine
Germany arrests suspected Russian spies over bombing plot
...Dieter S has been on the radar of German security authorities for some time....
April 18, 2024
Work & Careers
The scramble to find CFOs as departures hit decade high
...Some of last year’s turnover was due to rising enthusiasm for promoting CFOs to chief executive or to chief operating officer in preparation for potential elevation to CEO....
January 11, 2024

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