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...The disposals flattered 2023’s results but have raised questions over future sources of growth....
...It said in response to the consultation that the cost per viewer had to represent “reasonable economic value to a commercial public service broadcaster” and this “should not compromise Channel 5’s ability...
...Ours by Phillip B Williams, Granta £18.99, 592 pages Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life & Art wherever you listen...
...In a letter to the board on Wednesday, Paul Singer’s aggressive hedge fund said Phillips 66’s returns had lagged behind peers Valero and Marathon Petroleum and called for the installation of two “highly...
...The US pharmaceutical company — whose shares are up 130 per cent over the past year and is now a top-10 S&P 500 stock — chose the week of the Oscars to launch an advert called “Big Night”....
...You can argue about how big the UK market valuation discount really is, compared with the crude price-earnings basis that values the S&P 500 at double the FTSE 100....
...Vanke still has an investment-grade rating at S&P and Fitch, the latter of which downgraded it in October, citing weak sales....
...Scenes with the society artist Thomas Lawrence and with a fencing master in Dublin do have a purpose but outstay their welcome. If the play were honed more, its points might be more forceful....
...China, where gambling is banned, ranks among one of Bet365’s biggest markets, the people added....
...Miley Cyrus had the longest stretch at the top of the charts — with her song “Flowers” remaining at number one for 10 weeks — but four of 2023’s five biggest tracks and seven of the year’s top 10 songs were...
...Thomas Roulet, at the Cambridge Judge Business School, has written a book on “negative social evaluations”, or what you and I might call crummy corporate reputations....
...Alex Mahon, chief executive of Channel 4, said that “in-house production may well offer good long-term support for Channel 4’s financial sustainability, but it would never alter Channel 4’s fundamental belief...
...Coates also narrowly trumps the best-paid executives in the US S&P 500, where Blackstone’s Stephen Schwarzman earned $253mn last year (he separately received about $1bn in dividends) and Alphabet’s Sundar...
...nathalie.thomas@ft.com...
...“There are inconsistencies in the data set that was just released,” noted Louis Kuijs, head of Asia economics at S&P and a former World Bank economist in China....
...“What used to take us three weeks can take us three hours and clients currently pay on the time taken, not the output,” says S4’s Sorrell....
...“Deposit rates cut[s] will immediately lower banks’ pressure in making some profit,” said Dan Wang, chief economist at Hang Seng Bank China....
...With just 40mn outbound trips in the first half of 2023, Chinese tourism has yet to rebound to near the level of 2019’s 155mn trips....
...Still, Slow Horses remains an unbridled pleasure thanks to the relish with which eminent actors such as Kristin Scott Thomas (as MI5’s steely deputy Diana Taverner) and Oldman commit to a sweary, sweaty...
...The US media giant will combine broadcaster Channel 5’s video-on-demand platform My5 and a separate online TV service called Pluto TV that shows more than 150 online single-show or single-genre “channels...
...Some members of the International Olympic Committee have recently called for Thomas Bach to stay in post beyond 2025, when his presidency is due to end....
...For the three major auction houses — Christie’s, Sotheby’s and Phillips — whose sales rely heavily on the thin $10mn-plus market, the unsettling backdrop contributed to a combined fall of 18 per cent to...
...Thomas in Minneapolis....
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