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News updates from February 21: Nvidia posts rosy revenue outlook, EU to sanction Chinese and Indian companies for Russia links
Chief of Australia’s Woolworths announces departure days after stormy TV interview
...The chief executive of Australia’s largest retailer has said he will leave the company after more than eight years in the role, days after he threatened to walk out of an interview with the national broadcaster...
February 20, 2024
The Week Ahead
Opening arguments begin in Trump trial
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
April 21, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
US retail
Retailers point to cracks in the picture of US consumer resilience
...Though US luxury houses Tapestry and Ralph Lauren reported revenue growth in the most recent quarter, both cited softer demand in North America....
November 18, 2023
FT Swamp Notes
Is global terror making a comeback? Premium content
...No single Amazon executive can understand book sales AND groceries AND movies and television. As Peter Drucker said, finance professionals think companies make money....
March 29, 2024
Live news updates from February 28: Tesla to build Mexico factory, Goldman explores sale of fintech business
Ocado losses jump as shoppers tighten belts
...Ocado runs a grocery delivery service in the UK in partnership with Marks and Spencer, and also sells its technology and systems to other retailers around the world....
February 28, 2023
Associated British Foods PLC
Primark owner expects higher profits as consumer spending holds up
...There were no further price rises planned at Primark after it previously passed on some costs to consumers, Bason said, but ABF would continue to increase prices in its grocery division in an effort to protect...
February 27, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Ocado Group PLC
Ocado losses jump to £500mn after shoppers tighten belts
...Ocado Group is expanding its grocery delivery software offering to retailers around the world, including in Japan, South Korea and Australia....
February 28, 2023
Soho House Ltd
Soho House teams up with Michael Milken to bring The Ned to Washington
...Through a series of leveraged buyouts financed in part by Milken’s high-yield bonds in the 1980s and 1990s, Burkle built a grocery empire comprising chains including Ralphs, Alpha Beta and Food 4 Less....
August 18, 2023
Cyber Security
Cyber specialist out to detect supply chains’ weakest links
...Around 1,000 companies were affected in all. One of them — a Swedish grocery chain — had to close hundreds of stores. This is not an isolated example....
November 21, 2022
HTSI
The summer suit just got a lot more seductive
...Zegna creates minimal suits and separates in high-performing technical fabrics woven at the company’s own mill....
June 7, 2023
LexJonathan Guthrie
The Lex Newsletter: Credit Suisse bank run brings down an avalanche Premium content
...UBS boss Ralph Hamers is left to integrate UBS with its erstwhile deadly rival....
March 24, 2023
Music
Would you trust AI with the aux?
...Staff at the high-end grocery across the road wish the relentlessly upbeat chart music they’re forced to work to was just a little less loud....
September 14, 2022
The Big Read
How retailers are reshaping the advertising industry
...It is one of the motivations for US grocery giant Kroger’s planned acquisition of rival Albertsons....
November 23, 2022
LexJonathan Guthrie
The Lex Newsletter: banking is a reliable unreliable employer Premium content
...Ralph Hamers, chief executive of UBS, is in the interesting position of handing out bonuses while pondering his own job prospects....
September 16, 2022
Roofoods Ltd
Deliveroo serves up sharp rise in 2021 orders
...40.4m meals and groceries in the UK and Ireland and said that the average monthly frequency of orders placed increased from 3.2 to 3.4 during the last quarter of 2021....
January 20, 2022
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Wm Morrison Supermarkets PLC
Singapore’s GIC teams up with Fortress on £9.5bn Morrisons bid
...GIC already has a 0.2 per cent stake in the grocery chain. Canadian pension fund CPPIB and a unit of Koch Industries are part of the Fortress consortium....
July 28, 2021
Theatre
Curtain up on 2022 — an enticing year for theatre
...Also in February, Game of Thrones star Kit Harington plays Henry V in a new, modern staging of Shakespeare’s play that promises to explore our relationship with Europe and what it means to be English (Donmar...
January 6, 2022
Transcript
A new weight-loss drug works. Is that good?
...Or the other way to think about it is if like, your list is like, I want a black V-neck cashmere sweater, it’s like, well, what is the best version of that black V-neck sweater?...
July 30, 2022
The Future of Money
Crypto craze takes gaming industry by storm Premium content
...Email us at imani.moise@ft.com and sid.v@ft.com....
January 10, 2022
City InsiderBryce Elder
An unwelcome takeover approach is pulling Restore back to the future
...Ashcroft remains Marlowe’s biggest investor, having floated the company as a cash shell in partnership with Dacre in 2015. Ralph Ward: serious business Knock it off....
July 23, 2021
HTSI
The rise of the haute hand-me-down
...Brand consultant and creative director Sadie Mantovani promises that sticky chocolate smears and grass stains are removed by the company’s eco-friendly cleaning process between each rental....
May 31, 2021
Gaming
Why gaming ‘modders’ should be celebrated
...Maxis released modding tools for the first Sims game before its release, and companies such as Bethesda create robust modding programmes which contribute to the endurance of its Elder Scrolls series....
May 18, 2021
MTN Group Ltd
MTN targets valuation of at least $5bn for mobile money arm
...Chief executive Ralph Mupita told the Financial Times that the unit, which added almost 12m new users to a total of more than 46m last year, should be worth at least $5bn to $6bn and that the group would...
April 11, 2021
The Future of Money
How do you do fellow kids?: Regulators aim to boost bona fides with young investors
...Feel free to drop me an email at sid.v@ft.com. Why does SEC chair Gary Gensler have a YouTube show?...
November 15, 2021
City Bulletin
Cineworld upbeat after return of film lovers Premium content
...“The deep-V recovery we saw in the second half of 2020 has continued into 2021, with sales activity continuing to strengthen across all territories,” said Simon Cleaver, CloudCall CEO....
May 24, 2021

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