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Phoenix Group Holdings PLC
Phoenix takes stake in Hambro Perks in push to invest pensions in private companies
...The FTSE 100 company has bought a 5 per cent stake in the holding company of Hambro Perks, with the possibility to grow that stake to 10 per cent over time, executives of both groups told the Financial Times...
September 22, 2023
Pensions industry
UK pension trustees raise alarm on transferring risks offshore
...Aviva and Phoenix Group did not provide figures when asked by the Financial Times....
February 4, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Manchester United PLC
‘It’s by design, not by luck’: Man Utd’s new CEO on the strategy behind his former club City’s treble win
...But Manchester United have raided their local rival for their new chief executive to restore the 20-times English champions to glory....
January 28, 2024
Life & Arts
FT Weekend Quiz: Sir Keir Starmer, Meryl Streep and ‘Dark Phoenix’
...Once you’ve spotted the connection, any you didn’t know the first time around should become easier. Which west African country borders Senegal and Guinea?...
March 22, 2024
Special ReportInvesting in America
‘Our secret weapon’: how a university bolstered Phoenix’s rise as US chip capital
...Intel has had a presence in the region for more than four decades and is now expanding significantly — pumping $20bn into two new fabs in Chandler, in Phoenix’s south-east....
November 2, 2023
Artificial intelligence
Microsoft derides ‘doomsday futurology’ of New York Times’ AI lawsuit
...Microsoft has accused The New York Times of “doomsday futurology” for predicting that ChatGPT could ruin the news business, as it seeks to dismiss a lawsuit that claims the artificial intelligence bot’s...
March 5, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
ReviewFilm
Napoleon — Ridley Scott’s lairy epic of military genius and rapid-fire sex
...Now 85, the director’s latest is a worthy use of his and our time....
November 15, 2023
Investments
Investors’ Chronicle: Next 15, Phoenix Group, Card Factory
...In fact, most of the news away from the half-year results contained an element of unfortunate timing, and not just for Phoenix....
September 29, 2023
Disrupted Times
Tough times for retailers
...Some good news Time for one more look back at last year....
January 10, 2024
UK insurance industry
UK insurer Phoenix hails boost to retirement sector from high inflation
...executive Andy Briggs in an interview with the Financial Times....
September 18, 2023
Northern Ireland
Belfast-based band mounts legal challenge after UK government blocks grant
...The letter from Phoenix Law, seen by the Financial Times, said the group had applied in December and was told on February 8 that the application had been signed off by a panel of industry experts and referred...
February 9, 2024
#techAsia
AI at Davos and Samsung’s new ring Premium content
...This was my fourth time covering the gathering, and while I have seen Asia’s presence grow over much of that time, this year, interest in Asian affairs seems to have taken a back seat....
January 25, 2024
Budget 2024: As it happened
Schroders and ICG secure Budget life sciences funding
...This will go to innovative companies, with the aim of unlocking more than £1bn of total private capital.Pensions provider Phoenix Group will match the £250mn investment....
March 6, 2024
Microsoft Corp
Microsoft in deal with Semafor to create news stories with aid of AI chatbot
...lawsuit from the New York Times....
February 5, 2024
News in-depthCarvana
Carvana makes U-turn away from financial abyss
...Garcia recalled the comments he heard at the time included: “They are out of Phoenix, too capital intensive, couldn’t raise money, no one will finance a business that had a supply chain and financing [lending...
March 21, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
OpenAI
OpenAI says New York Times ‘manipulated’ ChatGPT in copyright feud
...“We regard The New York Times’ lawsuit to be without merit. Still, we are hopeful for a constructive partnership with The New York Times and respect its long history,” OpenAI wrote in Monday’s blog....
January 8, 2024
News updates from October 11: Fed minutes show ‘two-sided’ risks, ExxonMobil agrees to $60bn deal Pioneer deal
ExxonMobil agrees to buy shale group Pioneer in $59.5bn deal
...The combination hands Exxon a dominant position in the Permian Basin, the vast field in western Texas and New Mexico that has helped turn the US into the world’s largest oil and gas producer....
October 11, 2023
FT GlobetrotterCharting London’s museums
Sorted: a first-class ride through British postal history
...Aware, as we all are, of how faulty new technology led to the recent appalling miscarriages of justice, I’ve recently found myself returning to the museum regularly to be cheered by the displays of more...
April 2, 2024
LexArtificial intelligence
New York Times newshounds will not derail the AI copycats Premium content
...At the end of 2023, the New York Times sued OpenAI and Microsoft for copyright infringement. The cost of developing generative AI software is already high....
January 3, 2024
Commercial property
Tritax Big Box and UKCM agree £900mn takeover deal
...The agreement follows an abortive takeover bid for UKCM by Picton Property Income, which pulled out after Phoenix said it would not support the deal. React News first reported the deal on Friday....
February 12, 2024
ReviewVisual Arts
Hannelore Baron, New York review — art as a quiet scream of protest
...New York is constantly bricking over its past and, at the same time, baring forgotten scraps of itself, as when a demolition exposes a faded advertisement that was painted on the side of the building and...
February 21, 2024
Artificial intelligence
New York Times sues Microsoft and OpenAI in copyright case
...Shares in The New York Times Company rose about 1 per cent on Wednesday morning....
December 27, 2023
UK politics
UK police investigate alleged remarks by Tory donor Frank Hester
...The remarks were reported by the Guardian to have been made during a meeting at the Leeds headquarters of Hester’s company The Phoenix Partnership....
March 22, 2024
Taiwan Semiconductor Manufacturing Co Ltd
TSMC boosts Biden’s AI chip ambitions with $11.6bn US production deal
...TSMC will make the latest cutting-edge 2-nanometre chips in a fabrication plant, or fab, it is building in Phoenix, Arizona, marking an upgrade from its previous plans....
April 8, 2024
#techAsia
The new chip race and iPads in Vietnam Premium content
...This move, done in collaboration with its major iPad assembler BYD of China, involves sending engineers, building up labs and installing new equipment in Vietnam to ensure the development of new iPad models...
December 14, 2023

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