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Boeing Co
Boeing chief must have engineering background, Emirates boss says
...“To fix Boeing’s issues the company needs a strong engineering lead as its head coupled to a governance model which prioritises safety and quality,” Clark told the Financial Times on Tuesday....
March 26, 2024
Artificial intelligence
Microsoft to invest $1.5bn in Abu Dhabi AI group G42
...Seattle-headquartered Microsoft is OpenAI’s main partner, having invested $13bn in the start-up, much of it in the form of credits for Microsoft’s cloud....
April 16, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Boeing Co
Boeing in ‘last chance saloon’, warns Emirates head
...The company’s manufacturing processes needed a thorough review, said Clark, adding that its management should put aside concerns about financial performance....
February 4, 2024
ReviewArts
Let the Kids Dance! podcast review — when a city banned teenage kicks
...But it also captures a pre-internet moment in time when youngsters were united by the music they loved and in standing against those who sought to outlaw it....
April 8, 2024
Letter
Letter: Sounds like a ‘buy deer and sell sheep’ strategy
...Robert Siceloff Alan Watson Seattle, WA, US Letter in response to this letter: A play about Highland Clearances echoes today / From Judith Martin, Winchester, Hampshire, UK...
February 28, 2024
Letter
Letter: Withering assessment of the Boeing chief executive
...John GriffithsFormer Chief Economist, Boeing Commercial Airplanes, Seattle, WA, US...
January 22, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
AstraZeneca PLC
AstraZeneca strikes $1bn deal to acquire its first vaccine company
...The new deal will add a mid-stage drug to its new vaccine division, the creation of which was first reported by the Financial Times in 2021, for the first time....
December 12, 2023
LexAmazon.com
Amazon cannot decide what it wants to do with its shops Premium content
...Style, 4-Star stores and the first Seattle bookshop have all closed. One of the company’s more eye-catching experiments is now stalling....
April 8, 2024
News in-depthBoeing Co
Who can rescue Boeing?
...Calhoun, he told the Financial Times, took Boeing through an “existential crisis and was working his way out . . . until they got let down again by more mismanagement in Seattle”....
March 25, 2024
Boeing Co
Boeing ousts head of 737 Max business after door-panel blowout
...Ed Clark, a vice-president and general manager of the Seattle-area factory where the 737 Max is built, is leaving the company with “my, and our, deepest gratitude” for his contributions to the company over...
February 21, 2024
Amazon.com
Amazon hopes anti-obesity drug demand will boost pharmacy business
...But unless the Seattle-based company acquires more healthcare groups, “its overall share of the prescription dispensing market will likely remain in the low single digits for the foreseeable future”, he...
March 26, 2024
Amazon.com
Bezos sold $4bn in Amazon stock over the past week
...The rally has sent Amazon’s share price up to close to its all-time high, and pushed the company’s market capitalisation to $1.75tn. Amazon declined to comment....
February 13, 2024
Commercial property
Office loans ‘living on borrowed time’
...From GS: For balance sheet-constrained lenders, the ability to amend and extend loans could also diminish over time....
March 20, 2024
News updates from February 21: Nvidia posts rosy revenue outlook, EU to sanction Chinese and Indian companies for Russia links
Boeing sacks head of 737 Max programme
...company” with “my, and our, deepest gratitude” for his contributions to the company over nearly two decades....
February 21, 2024
News updates from February 14: UK inflation holds steady, Uber debuts $7bn share buyback
Jeff Bezos sells another $2bn in Amazon shares
...Amazon filings show Bezos, who stepped down as the Seattle-based company’s chief executive in 2021 but remains executive chair, sold 12mn shares for about $2bn between Friday and Monday....
February 13, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
News updates from February 13: US inflation slows to 3.1%, Gazans flee Rafah ahead of expected invasion
Jeff Bezos sells another $2bn in Amazon shares
...Amazon filings show Bezos, who stepped down as the Seattle-based company’s chief executive in 2021 but remains executive chair, sold 12mn shares for about $2bn between Friday and Monday....
February 13, 2024
News updates from February 15: White House discloses Russian ‘anti-satellite capability’, UK GDP contracts by more than expected
DoorDash to invest ‘aggressively’ despite growing regulator pushback
...“Certain jurisdictions have now enacted bad laws around independent contractor work . . . in New York City and Seattle, we expect recent regulation to cause local merchants to lose revenue,” the company...
February 15, 2024
Letter
Letter: Renewables vs oil and gas — the investment case
...average for the oil majors stands at only 0.4 times....
February 19, 2024
Amazon.com
Amazon lobbyists to be barred from European parliament
...That marked the third time since 2021 that the company had declined to engage with it, the committee said....
February 27, 2024
Ryanair Holdings PLC
Ryanair demands compensation from Boeing for aircraft delivery delays
...“Our growth has been constrained because at this point in time we don’t really know how many aircraft we are going to get . . . there is a shit show going on in [Boeing’s main production line] Seattle.”...
February 26, 2024
Amazon.com
Amazon writes its largest venture cheque yet for AI start-up Anthropic
...Amazon’s Anthropic deal gives the Seattle-based company a well-known partner in AI as it vies with rivals Microsoft and Google for dominance in the space....
March 27, 2024
FT Alphaville
FTAV’s further reading
...Times, but remember folks, you heard it here first) — Recurrent Ventures raised $300mn from investors led by Blackstone....
January 26, 2024
#techAsia
Huawei’s latest surprise and an unexpected avatar Premium content
...Seattle-based Microsoft will take a minority stake in G42 and gain a board seat, while G42 has pledged to use Microsoft’s cloud computing platform Azure for delivering AI services....
April 18, 2024
News updates from December 12: Biden warns Netanyahu to change tack or risk losing global support, Sunak wins Rwanda asylum vote
AstraZeneca strikes $1bn deal to acquire first vaccine company
...AstraZeneca is buying its first vaccine company in a deal worth up to $1.1bn, as it invests in the infectious disease unit it set up during the Covid-19 pandemic....
December 12, 2023
Letter
Letter: What was missing at the World Bank’s Marrakech meeting
...Gargee GhoshPresident, Global Policy & Advocacy, Bill & Melinda Gates Foundation Seattle, WA, US...
October 23, 2023

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