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...In a full-circle moment, it would mean a return to the mutual sector for the slice of Northern Rock swallowed by Virgin in 2011....
...Following the nationalisations of Northern Rock and Bradford & Bingley during the financial crisis, UK Asset Resolution (UKAR) a government-owned vehicle was formed in 2010 as a holding company for the banks...
...This year’s centenary for Stockholm homewares institution Svenskt Tenn has further renewed interest....
...Kiss, the flamboyant US rock band, has sold the rights to its music as well as its name, image and likeness to Pophouse, the Swedish entertainment company founded by Abba’s Björn Ulvaeus....
...Smurfit WestRock expects to be the world’s largest packaging company by revenues in packaging, surpassing International Paper....
...Thus the business of hot rocks already has a solid future. camilla.palladino@ft.com...
...This is an audio transcript of the FT News Briefing podcast episode: ‘Big tech continues to rock’ Marc FilippinoGood morning from the Financial Times....
...It’s the first of its kind to analyse heat layers in the earth’s subsurface and show how deep companies have to drill to reach prime rock temperatures (above 373.5 degrees Celsius)....
...But the budgetary blow raises questions about Spain’s ability to increase its defence spending in line with Nato targets and potential changes to windfall taxes on banks and energy companies....
...The company reported a 34 per cent fall in pre-tax profits to €349mn in December, while shares have plummeted 35 per cent since February last year....
...The buses will ultimately be owned by a joint venture controlled by Rock Rail and Aviva....
...Many companies are working on long-duration storage technologies but crucially they must work at grid scale....
...“[But] for the lowest quality companies, there will be fewer options at their disposal, which may drive more defaults.”...
...Robertshaw, One Rock, Bain, Canyon, Eaton Vance, Guardian Life and Invesco declined to comment....
...Given its rock-bottom valuation, the company’s head start in AI could outweigh the obvious risks weighing on its valuation....
...Mohsin Issa, who has been running Asda but intends to relinquish day-to-day control when a chief executive is found, said Asda was a “powerhouse built on rock-solid foundations”....
...Separately, Morgan Stanley’s credit arm last month committed $700mn to buy song copyrights with music company Kobalt....
...Either way, the mass market for stones looks less than rock solid. alan.livsey@ft.com...
...Baatar is widely viewed as a leading candidate to succeed chief executive Jakob Stausholm, who has steadied Rio since 2021 after international outcry over the destruction of two 46,000-year-old Aboriginal rock...
...Chief executive Jakob Stausholm has managed to steady the group after it dynamited rock shelters sacred to Aboriginal tribes in 2020....
...Mark Swindell, chief executive of rosco Rock Rail, said the industry had brought billions of pounds of pension fund and other institutional investors’ money into the railway industry....
...Rocks missiles are a derivative version of the Sparrow....
...The music is gothicky orchestral rock, ornate but slightly reined in....
...Last year, the company began experimenting with a special by the comedian Chris Rock and it intends to stream a live exhibition tennis match between Rafael Nadal and Carlos Alcaraz in March....
...Over the past year, global music companies have been sending executives to Nashville, the centre of country music since the 1920s, where they are splashing out money on promising talent....
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