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Technology sector
Thiel, Bezos and Zuckerberg join parade of insiders selling tech stocks
...Peter Thiel, Jeff Bezos and Mark Zuckerberg are leading a parade of corporate insiders who have sold hundreds of millions of dollars of their companies’ shares this quarter, in a signal that recent stock...
March 24, 2024
Stripe Inc
Stripe in ‘no rush’ to go public as cash flow turns positive
...We hit dual milestones of $1tn in payment volume and being cash flow positive,” said John Collison, Stripe’s co-founder and president....
March 13, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
The Big Read
The real impact of the ESG backlash
...Four have adopted pro-ESG laws, according to the K&L Gates law firm....
December 4, 2023
Electric vehicles
IEA bullish on electric vehicle sales in 2024
Energy watchdog’s forecast runs counter to sentiment among many carmakers struggling to sell battery-run vehicles
April 23, 2024
BYD Co Ltd
BYD loses EV throne to Tesla as sales slip
More competition and flagging demand in the Chinese market hit leading battery and plug-in hybrid vehicle makers
April 2, 2024
Netflix Inc
Netflix profits surge after password-sharing crackdown
...“Each incremental member has a different business impact” with the new subscription plans, Greg Peters, co-chief executive, said in a call with investors....
April 18, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Lotus Cars Inc.
Lotus EV unit warns of China risks ahead of Spac listing
...This business is aiming to merge with L Catterton Asia Acquisition Corp, a special purpose acquisition vehicle, or Spac, listed on the Nasdaq exchange and founded by LVMH-backed investment group L Catterton...
October 20, 2023
News in-depthBYD Co Ltd
Wang Chuanfu, the driving force behind BYD’s rise
The former professor has turned the Chinese carmaker into the world’s best-selling EV manufacturer within a decade
January 4, 2024
Citigroup Inc
Citigroup appoints top investment banker from JPMorgan
...Peter Babej had filled the role on an interim basis but is expected to retire this year....
February 26, 2024
Electric vehicles
Tesla rival Nio secures $2.2bn investment from Abu Dhabi fund
...The CYVN injection comes days after co-founder and president Lihong Qin said higher interest rates were making it harder to raise money....
December 18, 2023
Britain after Brexit
Freeports are a regional industrial strategy that dare not speak its name Premium content
...That’s because, as Peter Holmes of the UKTPO pointed out to the same committee a while back, the UK global tariff doesn’t create those tariff “wedge” opportunities, despite the fact that the government’s...
January 11, 2024
News in-depthNIO, Inc
Inside Nio: Electric car group’s boss William Li and his fight for survival
...Sporting a fresh cropped haircut, Nio co-founder and chief executive William Li was greeted like a rock star by tens of thousands of devoted fans on Saturday night as he took to the stage at the Olympic...
December 29, 2023
Special ReportFTfm: Exchange Traded Funds
Financial advisers seek guidance on recommending bitcoin ETFs
...Even so, Rich Kerr, an attorney who co-leads the digital assets team at law firm K&L Gates, is optimistic that the new crop of spot bitcoin ETFs might be easier to approve than expected....
March 25, 2024
Netflix Inc
Netflix’s subscriber sign-ups blow past Wall Street expectations
...Greg Peters, co-chief executive, also said he expected to see continued benefits from the initiative to discourage password sharing....
January 24, 2024
ExplainerElon Musk
What the $56bn Tesla pay deal setback means for Elon Musk and his empire
...Tesla directors include Musk’s brother Kimbal, longtime associate James Murdoch, and JB Straubel, one of Tesla’s co-founders....
January 31, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
National Health Service
US tech group Palantir wins lucrative NHS data contract
...Led by chief executive Alex Karp and co-founded by Peter Thiel, the tech investor and prominent backer of Donald Trump, Palantir became the go-to data analytics provider for the NHS during the coronavirus...
November 21, 2023
Private equity
Asian private equity firms use controversial route to exit investments Premium content
.... ©2024 Nikkei Inc. All rights reserved....
March 7, 2024
Scoreboard
Golf’s power balance resets Premium content
...Then, late on Tuesday, Carlyle Group co-founder David Rubenstein reached an agreement to buy Major League Baseball’s Orioles for $1.73bn....
February 3, 2024
HTSI
Cult Shop: Bloomsbury’s connoisseurs of colour
...Others include production designers seeking out the shop’s line of historical inks, and The Times’s cartoonist Peter Brooks – a long-term client....
September 18, 2023
Inside BusinessSujeet Indap
Big money dispute shows value of ‘hired gun’ economists
...Orszag was one of five co-founders which included his brother Peter Orszag, the economist who is now the chief executive of the investment bank Lazard....
January 1, 2024
Automobiles
Chinese-backed carmaker Lotus ‘studying’ US factory
...The carmaker expects to list shares through a reverse merger with LVMH-backed investment group “L Catterton Asia Acquisition Corp” by the end of the year....
July 13, 2023
News updates from April 3: Oil prices surge after surprise Opec+ production cut, Trump arrives in New York to face criminal charges,
L’Oréal buys Australian luxury cosmetics group Aesop in $2.5bn deal
...Brazil’s Natura &Co, owner of The Body Shop and Avon brands, said it had entered into a binding agreement with L’Oréal to sell Aesop, in a deal with an enterprise value of $2.5bn....
April 3, 2023
Estee Lauder Cos Inc
Estée Lauder shares plunge as slow China recovery prompts outlook cut
...Estée Lauder has not been alone on that front, with cosmetics peer L’Oréal feeling the effects in its latest quarter of a muted recovery in China and a fall in travel retail in Asia....
November 1, 2023
News in-depthMedia
‘Way too much news’: US conservatives face a fragmented media map
...“There was no co-ordination between us and Christopher Rufo,” she said: “Chris can speak for himself. Our reporting speaks for itself.”...
March 12, 2024
L'Oreal SA
L’Oréal buys Australian luxury cosmetics group Aesop in $2.5bn deal
...Brazil’s Natura & Co, owner of The Body Shop and Avon brands, said it had entered into a binding agreement with L’Oréal to sell Aesop in a transaction with an enterprise value of $2.5bn....
April 4, 2023

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