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Bain & Co Inc
Bain picks first European as global chief executive
...Bain & Company has picked the head of its European private equity advisory business to be its next global chief executive, as the consulting group deals with an industry slowdown and the fallout from a corruption...
January 9, 2024
Inside BusinessDavid Keohane
Why Nissan needs more than a gamble on solid-state batteries
...The company has responded to the pessimism, recently announcing a new midterm plan to boost sales and launch 30 new models, half of which will be electrified or hybrid....
April 24, 2024
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
News updates from January 23: Turkey votes for Sweden’s Nato bid, Netflix adds 13mn new subscribers
Procter & Gamble quarterly sales fall short of expectations
...Procter & Gamble narrowly missed quarterly sales estimates as a write-down of its Gillette business and restructuring costs in emerging markets weighed on performance....
January 23, 2024
Scoreboard
F1’s big Las Vegas gamble Premium content
...This week we’re looking at Formula One’s big stakes gamble in Las Vegas, which is already running into trouble....
November 18, 2023
UK energy
UK backs gas-fired power plants in latest shift in green policy
...Outlining the plans on Tuesday to back more electricity generation from fossil fuels, the prime minister said he would “not gamble with [Britain’s] energy security” despite plans to decarbonise the electricity...
March 12, 2024
News in-depthMark Cuban
Mark Cuban considers his next gamble after sale of Dallas Mavericks stake
...They sold the company they created, Broadcast.com, to Yahoo for $5.6bn in 1999 at the peak of the dotcom boom....
December 8, 2023
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
Procter & Gamble Co
P&G points to stronger consumer demand and slowing price rises
...Shares in Procter & Gamble rose more than 4 per cent on Tuesday as it reported unexpectedly strong volume growth in its core US and European markets even after it pushed through further price increases....
January 23, 2024
Meta Platforms
Zuckerberg defends Meta’s AI spending spree as shares tumble
...That didn’t exactly go so well, but this is different than Meta’s metaverse gamble because AI has real and practical use cases now,” said Forrester research director Mike Proulx....
April 24, 2024
Autumn Statement
Jeremy Hunt makes political ‘gamble’ with no new money for NHS England
...Industrial action by doctors, nurses and other staff has led to the cancellation of about 1.2mn operations and appointments....
November 22, 2023
HTSI
Uncut gems: are they worth the gamble?
...“For more than 18 months, the stone was meticulously studied, scanned and then expertly cut and polished,” says François Graff, CEO of the company....
November 6, 2023
LexReckitt Benckiser Group PLC
Reckitt Benckiser: too many sterile quarters leave share price flat Premium content
...Eisenhardt’s experience at Nike, and before at Proctor and Gamble, includes work on emerging markets. This is 40 per cent of Reckitt sales. She inherits a financially fit company....
August 23, 2023
Cryptofinance
PayPal’s crypto gamble Premium content
...That admission caused its token to temporarily depeg from the dollar and kick-started the company losing roughly 40 per cent of its pre-SVB share of the stablecoin market....
August 11, 2023
LexCVC Capital Partners Ltd
CVC’s beauty IPO shows private equity must pretty up sales for success Premium content
...Its debt costs a chunky 8 per cent annually and falls due in 2026. But breaking the ice on Europe’s IPO market with such a big offering was a gamble....
March 4, 2024
LVMH
LVMH veteran to leave role as deputy to CEO Bernard Arnault
...The Italian executive joined the company from consumer products group Procter & Gamble, where he worked in various roles in the US and Europe....
March 21, 2024
LexClimate change
Corporate backsliding on climate pledges can’t be justified Premium content
...That is about a quarter of the cohort that had signed up in the first place: it includes sustainability heavyweights such as Unilever, Procter & Gamble, Microsoft, Walmart and Diageo, as well as Iberia and...
March 15, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News in-depthRepublican Party US
‘It could backfire’: Kevin McCarthy’s Biden impeachment gamble
...through shell companies....
September 13, 2023
Walt Disney Co
Top proxy adviser Glass Lewis backs Disney’s Iger in Peltz fight
...Peltz is best known for his activist campaigns at consumer goods companies such as Procter & Gamble, Wendy’s and Unilever....
March 18, 2024
Bitcoin
Crypto miners hoard bitcoin as supply cut looms
...“Mining companies are playing a constant game of chicken with each other,” said Larisa Yarovaya, associate professor of finance at the University of Southampton....
April 18, 2024
Unilever PLC
Unilever to split off ice cream business and cut 7,500 jobs
...Laying out the reasons for exiting the ice cream business, Unilever pointed to the lack of overlap on supply chains with the rest of the company and said that it was also more seasonal....
March 19, 2024
News updates from September 5: Oil rises above $90 a barrel, Spanish women’s football manager sacked
OTPP buys control of 7IM for £255mn
...Following the deal, 7IM will continue with its existing strategy, led by chief executive Dean Proctor. Read more about OTPP and 7IM here....
September 5, 2023
Ontario Teachers' Pension Plan
Ontario Teachers’ fund acquires UK wealth manager 7IM
...OTPP is acquiring 7IM, which was founded in 2002 and manages about $21bn in assets, from Caledonia Investments, the companies said on Tuesday....
September 5, 2023
News in-depthSociedad Quimica y Minera de Chile SA
China’s Tianqi Lithium’s $4bn bet on Chile at risk of backfiring
...company....
April 10, 2024
ObituaryGerald Levin
Gerald Levin, AOL-Time Warner executive, 1939-2024
...His gamble paid off spectacularly on September 30 1975, when HBO beamed the Thrilla in Manila — the legendary boxing match between Muhammad Ali and Joe Frazier — to its viewers in real time....
March 15, 2024
Berkshire Hathaway Inc
Warren Buffett’s Berkshire Hathaway pares its stake in Apple
...That was down from 49 12 months earlier, as it exited stakes in companies including General Motors, UPS and Procter & Gamble earlier in the year....
February 14, 2024
News in-depthTechnology sector
Alibaba goes back to the future with reversal of cloud spin-off
...Months after announcing a radical restructuring, Chinese tech group Alibaba is reversing course and taking another gamble — betting artificial intelligence will power growth despite its access to essential...
November 17, 2023

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