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UK local government finance
The Monaco hedge fund boss tied up with an indebted English town
...Warrington’s precarious finances drove the Department of Levelling Up, Housing and Communities to commission an external review in 2023, which it has not released to the public....
April 24, 2024
FT Swamp Notes
Does DoJ versus Apple signal a market top? Premium content
...The Morgan Stanley report gets to the heart of why the justice department and Federal Trade Commission often miss their targets....
March 25, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Boeing Co
Boeing to pay $51mn US penalty over arms export violations
...The settlement between the company and the state department covers a range of incidents, including unauthorised exports and retransfers of technical data to foreign employees and contractors, unauthorised...
March 1, 2024
BT Group Plc
BT installs McKinsey partner to head new strategy unit
...The move marks the reintroduction of a unit similar to one that was folded into another department in 2021 after former chief strategy and transformation officer Mike Sherman left the company....
April 21, 2024
Lyft Inc
Lyft shares go on wild ride after earnings release error
...The shares then retreated to a gain of about 15 per cent after chief financial officer Erin Brewer said on a call with investors and analysts that the increase would in fact be 50bp, or 0.5 percentage points...
February 14, 2024
Work Watch
Can a chief happiness officer improve workplace morale?
...The CHO job then becomes more one of co-ordination, training and “spreading the message”, he says. Arguably, a substantial part of a CHO’s role is being picked up by traditional HR departments....
March 11, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Boeing Co
Boeing chief Calhoun to step down as company battles safety concerns
...He will be replaced by chief operating officer Stephanie Pope....
March 25, 2024
US equities
S&P 500 falls into correction after losing 10% from summer peak
...“A bird in the hand is worth something now,” Schroders chief investment officer Johanna Kyrklund told reporters earlier this week....
October 27, 2023
News in-depthUK Budget 2024
‘Disastrous’: Justice system leaders warn Hunt against further austerity
...Mark Fairhurst, national chair of the Prison Officers’ Association, said jails were “on their knees” — a view frequently echoed by chief inspector of prisons Charlie Taylor, who described conditions for...
March 4, 2024
Israel-Hamas war
US set to impose sanctions on Israeli military unit over alleged human rights abuses
...A subsequent IDF investigation dismissed two junior officers from the unit, although legal action was never taken....
April 21, 2024
Archer Daniels Midland Co
ADM’s accounting procedures probed by US prosecutors
...The US Department of Justice is probing accounting procedures at ADM, said a person familiar with the matter....
February 5, 2024
Markets InsightHenny Sender
India’s painful venture capital crunch
...Corrections will happen,” says Ashish Gupta, chief investment officer at Axis Mutual Fund....
March 19, 2024
Equities
Stock markets undergo ‘risk reset’ as indices notch new records
...“You’re not getting the broad overvaluation of companies that don’t make money the way you did in the tech bubble,” said Que Nguyen, Research Affiliates’ chief investment officer for equities....
March 12, 2024
Trafigura
Trafigura finance chief and top director to exit in shake-up
...The changes continue an overhaul of the group’s leadership, which began in September 2023 when Trafigura restructured its management ahead of the exit of longtime chief operating officer Mike Wainwright,...
April 5, 2024
Letter
Letter: Accountability differs in public and private sectors
...One important difference between the public and private sectors is the concept of the accounting officer, normally the permanent secretary of a Whitehall department....
January 22, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
FT Alphaville
Caution: Lyft out of order
...The shares then retreated to a gain of about 15 per cent after chief financial officer Erin Brewer said on a call with investors and analysts that the increase would in fact be 50bp, or 0.5 percentage points...
February 14, 2024
Letter
Letter: Whitehall is ill-prepared for the risks Britain faces
...Moreover, the government must appoint a chief risk officer, as recommended by the House of Lords select committee on risk assessment and risk planning in 2021, with equivalent seniority and access to the...
March 18, 2024
China Electronics Technology Group Corporation
China anti-graft agencies investigate top defence group executive
...A number of senior officers removed from the Rocket Force leadership last year had previously served with Li at the Equipment Development Department, though some people familiar with the situation said their...
April 9, 2024
Transcript
Transcript: Is there a way out of Haiti’s nightmare?
...[MUSIC PLAYING] Henry ManceThat was my guest, Robert Fatton, professor of government and foreign affairs in the Department of Politics at the University of Virginia. And that’s it for this week....
March 14, 2024
UK politics
UK vows to bring legislation to create football regulator before election
...Frazer said a chief operating officer for the new body has already been appointed, and that the process of finding a chair would begin shortly....
February 29, 2024
Cryptofinance
Bitcoin is back with one eye on record high Premium content
...The New York Department of Financial Services said exchange Gemini has committed to return more than $1bn to customers....
March 1, 2024
News updates from January 29: US mistook enemy drone as its own in Middle East attack, Evergrande ordered to liquidate
Former Morgan Stanley executive Thomas Nides joins Blackstone as vice chair
...Nides, who was chief operating officer of the state department in the administration of President Barack Obama and US ambassador to Israel between 2021 and 2023, will focus on helping to manage client relationships...
January 29, 2024
Iran
Iran calls in UK ambassador over ‘murder for hire’ sanctions
...The US Department of Justice unsealed an indictment this week accusing Naji Sharifi-Zindashti, a resident of Tehran, of ordering the contract killings of two unnamed people in Maryland through an encrypted...
January 30, 2024
UK Government
Number 10 accused of blocking ex-parole board chair becoming parliamentary ombudsman
...Wragg cited the Cabinet manual, which sets out the main laws, rules and conventions affecting the conduct and operation of government, that states the ombudsman is “an officer of the House of Commons appointed...
March 27, 2024
Special ReportBusiness School Sustainable Education
Business school teaching case study: is private equity responsible for child labour violations?
...While some argue it is the work of the government to address these problems, it has scarce resources to do so. The Department of Labor has one occupational safety officer for every 70,000 US workers....
February 6, 2024

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