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Shein
Shein profits double to over $2bn ahead of planned listing
...Shein has been spending heavily on lobbying in Washington during the IPO push and amid growing scrutiny of the company’s model of air-shipping Chinese goods direct to US shoppers to avoid import taxes....
March 31, 2024
Zara SA
Zara returns to Ukraine following 2-year closure
...It plans to open 20 stores in Kyiv and some cities in the west of Ukraine. Inditex plans to reopen 50 of its 80-plus stores in the country, the company told the Financial Times....
March 1, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Turkish economy
Turkish airlines and airports reap rewards from bet on pandemic recovery
...In 2023, Turkish Airlines’ revenue rose almost 14 per cent to $21bn, placing it within the ranks of top-10 global air carriers by sales, according to FactSet data....
April 21, 2024
Gardens
Do houseplants purify the air? Experts debunk indoor gardening myths
...“The effects of misting a plant in an open room or on a windowsill are too transitory to be of any value.”...
March 15, 2024
Boeing Co
Boeing’s Alaska Airlines mid-air blowout puts focus on Spirit AeroSystems
...The mid-air breach of the fuselage of an Alaska Airlines Boeing aircraft has put the spotlight on Spirit AeroSystems, one of the plane maker’s biggest suppliers....
January 8, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...Moderna generated sales of $18.4bn in 2022 from its Spikevax vaccine....
April 22, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...“We are hopeful that the market will further open up in 2025 and we will see others displace Humira as well,” Sandoz said....
April 25, 2024
Financial services
How’s the PE Winter looking?
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
April 25, 2024
#techAsia
China’s edge in flying cars and an Asian tag-team in AI Premium content
...The only full-priced sale was apparently to Ehang itself. So why did my contact say Xpeng’s dual-mode flying car was a joke? Basically he thinks Xpeng is trying to do too much....
April 25, 2024
US & Canadian companies
What the Max 9 mess means for Boeing’s debt
...CreditSights analysts describe their understanding of the manufacturing process: While Spirit AeroSystems installs the door plug into the fuselage before shipping 737 MAX 9s to Boeing, we believe that Boeing opens...
January 8, 2024
Special ReportThe Americas’ Fastest Growing Companies
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
...“Each year, we’re layering on evidence that we’re going to crack another disease open,” says Stuart Arbuckle, Vertex’s chief operating officer....
April 26, 2024
IPOs
IPO broker feels the need for speed
...Not being able effectively to evaluate whether an IPO window is open, or, more importantly, whether it will likely open / remain open / close in the short term, is a significant issue for private companies...
April 12, 2024
Inside BusinessLeo Lewis
Why an M&A swoop in Hawaii is a big bet on the yen
...They did not rebound from that 10-year low until, in December, Alaska Air proposed a merger....
February 13, 2024
Corporate bonds
Tech companies cash in on ‘frothy’ stock rally with convertible bond sales
...“Converts are open for business.”...
February 29, 2024
#techAsia
TikTok’s fate and Taiwan tech suppliers’ shift Premium content
...Open in Asia AI companies in Asia might need to be on higher alert now, as ChatGPT developer OpenAI prepares to launch its base in the region with an office in Tokyo this month....
April 4, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Serbia
Serbia to buy French fighter jets in pivot away from Russia
...“It is very important that air-to-air missiles, which will ensure control of the airspace, go in the set with the planes,” retired air force general Sreto Malinović told the FT....
April 14, 2024
Due Diligence
How buying Teslas hurt Hertz Premium content
...Saying goodbye to ice cream means hiving off a division that accounts for about 16 per cent of Unilever’s overall sales....
March 20, 2024
Saudi Arabia
Saudi Arabia allows first alcohol sales — but only to foreign diplomats
...But as new restaurants and hotels open boasting alcohol-free bars, and Riyadh develops tourism resorts on the Red Sea, speculation has swirled about whether Prince Mohammed would allow alcohol sales in certain...
January 24, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...Cook’s visit comes amid tumbling sales in China, which contributed $21bn to Apple’s top line in the fourth quarter, or 17 per cent of sales....
March 21, 2024
TAP Air Portugal
Portugal puts national airline TAP up for sale
...Portugal’s national carrier TAP has been put up for sale by the government in a move that opens the way for more airline consolidation and a potential bidding war involving British Airways owner IAG and...
September 28, 2023
Apple Inc
‘Apple is going to war’: US lawsuit adds to iPhone maker’s antitrust woes
...Global smartphone sales have slowed in the last year. Apple is specifically struggling with a decline in sales for the devices in China that has left investors skittish....
March 22, 2024
News in-depthWaterstones Booksellers Ltd
Waterstones IPO would open new chapter for bookseller, says James Daunt
...The US group is expected to operate on similar margins as Waterstones this year, which would equate to about £400mn in profit from about £3bn in sales. “That’s why you can open up a lot of shops....
December 2, 2023
Ericsson
Ericsson boosted by $14bn ‘open RAN’ deal with AT&T
...Its third-quarter sales fell by a fifth to €5bn, with higher interest rates and slower global growth prompting its customers to retrench, the company said at the time....
December 5, 2023
Inside BusinessRichard Waters
The EU’s giant experiment in tech micromanagement
...How much benefit users will see in terms of extra choice is still an open question....
March 7, 2024
FT Swamp Notes
Washington DC’s red herring on TikTok’s ‘digital fentanyl’ Premium content
...It would impose privacy regulations on the sale to third-parties of any data collected by any social media app, regardless of who owns it....
March 15, 2024

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