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Management consulting
Peter Mandelson’s advisory firm valued at £30mn in deal with ex-Obama aide
...The investment by the Messina Group, founded in 2013 by former Obama campaign manager Jim Messina, values Mandelson’s firm Global Counsel at about £30mn, said people close to the transaction....
April 17, 2024
News in-depthEnterprise software
The unstoppable rise of Fortnox: Swedish software group attracts short sellers
...At stake is the company’s market capitalisation which was $4.6bn on Tuesday, a 23 times multiple of forecast sales that has made it one of the world’s most highly valued software groups, more expensive on...
March 27, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
India
India hunts for spyware that rivals controversial Pegasus system
...Defence and intelligence officials from the South Asian country have decided to acquire spyware from less exposed competitors to the NSO Group, the Israeli makers of Pegasus, according to people familiar...
March 31, 2023
Bain Capital
Bain Capital promotes top dealmaker to co-managing partner
...Since 2016, Lavine and Connaughton, 58, have been co-managing partners of the group, overseeing its day-to-day operations....
March 27, 2024
News in-depthBayer AG
Bill Anderson: the Texan wrestling with Bayer’s mountain of pain
...what was once one of the world’s largest chemical groups and the pride of corporate Germany, with 100,000 employees and a market value that peaked at €121bn....
March 8, 2024
Oil & Gas industry
US landowners sue to force oil company clean-up of abandoned wells
...ClientEarth, the non-profit legal group that filed the suit on Wednesday, said it was aimed at industry practices broadly....
February 23, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Apple Inc
Apple issues emergency patch after Pegasus spyware breach
...Apple has issued an emergency software update after being warned that a previously unknown vulnerability allowed Israel’s NSO Group to inject its Pegasus spyware remotely and surreptitiously on to iPhones...
September 8, 2023
Poland
Feud between Poland’s Tusk and Duda intensifies over presidential pardon
...Tusk’s coalition is forming a special parliamentary commission to investigate Pegasus spying, one of the many cases that the government accuses the previous PiS government of brushing under the carpet....
January 24, 2024
Cyber Security
US to ban visas for spyware abusers and manufacturers who sell to them
...assistance, had been targeted with the NSO Group’s Pegasus spyware....
February 5, 2024
LexHelen Thomas
The Lex Newsletter: Big is still beautiful Premium content
...Still, if you want proof that the bleating about London has gone too far, take a look at Wood Group....
April 17, 2024
LexASML Holding NV
ASML’s poor quarter is not a good reason to fret about its future Premium content
...This makes for uncomfortable reading, especially given the group’s strong share price run. Indeed, its stock fell about 6 per cent on Wednesday....
April 17, 2024
Oil & Gas industry
World’s most indebted oil group hits out at critics
...The company’s pool of investors for the bonds has dwindled, and much of the group’s longer dated paper remains firmly in distressed territory, below a widely recognised threshold of 70 cents on the dollar...
April 18, 2024
Poland
Polish opposition accused of contemplating ‘coup’
...On Wednesday, Tusk warned Kamiński and Wąsik could face fresh prosecution even after being pardoned by the president for a second time, possibly over their alleged role in deploying the Pegasus spyware during...
January 25, 2024
Management consulting
Former Tory leader William Hague joins corporate intelligence group Hakluyt
...and private equity groups....
April 18, 2024
Special ReportFTfm: Exchange Traded Funds
Women continue to lead the way in the ETF industry
...But the frankest account of why a women’s membership group was needed in the ETF industry — and why it helps to have men in the room — comes from Ross, an industry veteran who was behind the SPDR launch....
March 25, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Haci Omer Sabanci Holding AS
Prominent members of Turkey’s Sabancı family injured in boat accident
...Sabancı is still a director at Pegasus, while Esas owns a 57 per cent stake in the group, which flew 27mn passengers last year, according to regulatory filings....
August 25, 2023
Indian politics & policy
Indian opposition MPs accuse government of trying to hack their iPhones
...India has previously been accused of deploying Pegasus spyware developed by Israeli group NSO, triggering a political scandal when the hacking tool was found on the phones of journalists and activists in...
October 31, 2023
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...The retail business’s profit margin was 2 per cent last year, compared with 5.8 per cent for the group as a whole over the same period....
April 15, 2024
FT News Briefing podcast12 min listen
Trump’s Truth Social hits the Nasdaq
...Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
March 27, 2024
FT Magazine
The Opus Dei diaries
...It was started in 2020 by former members and recently expanded to the English-speaking world through a Reddit group, called Opus Dei Exposed. The group has hundreds of members....
March 16, 2024
Moral Money
‘The whole institution is boiling’: Revolt inside a key climate target group Premium content
...Blended capital flows fell to a 10-year low in 2022, according to the most recent estimates by research group Convergence....
April 12, 2024
LexING Groep NV
ING shows the way to win in European banking Premium content
...Bringing the two in line could release €44bn of capital to recycle elsewhere in the group. Even partial success should lift ING’s share price, already at five-year highs....
April 4, 2024
Artificial intelligence
Andreessen Horowitz raises $7.2bn and sets sights on AI start-ups
...capital firm in years.The Silicon Valley-based group, led by veteran tech investors Marc Andreessen and Ben Horowitz, announced on Tuesday that it has raised the money to be split across a number of new...
April 16, 2024
Design
Andrea Branzi’s experimental furniture at the Tefaf art fair
...Equally provocative are the “fake” modern masters — Kandinsky, Mondrian — painted for the group’s Bau.Haus Uno and Due series....
March 8, 2024
News in-depthMedia
The Amazon play that could change the game for streaming sports
...Diamond Sports Group, a consortium of a few dozen regional sports networks scattered across the US, was valued at $11bn as recently as 2019....
March 23, 2024

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