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News in-depthGlobal Economy
The pandemic’s stark legacy: widening inequality between countries
...Increased inequality has led to greater polarisation in societies and support for authoritarian governments, according to Steiner....
March 13, 2024
Ocado Group PLC
Ocado chief plans technology push into south-east Asia
...The capital costs and long lead times of Ocado’s automated warehouses have in the past limited their appeal to countries where high labour costs make in-store picking of grocery orders comparatively expensive...
November 15, 2022
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
InterviewOcado Group PLC
Ocado weighs retail opportunities beyond the UK
...Steiner said this gave Ocado a long-term advantage against new competition such as Getir and Gorillas, which rely on couriers to pick from a limited range of items inside “micro” fulfilment centres....
June 1, 2021
ReviewTheatre
Lemons Lemons Lemons Lemons Lemons is an ingenious, absurdist romcom — review
...Sentenced to life with limited linguistic means, what would you do? Where would you spend your words — at work or at home?...
February 2, 2023
Ocado Group PLC
Ocado deploys lightweight robots in battle with delivery start-ups
...More recently, grocery delivery start-ups such as Getir, Gorillas and Gopuff have appeared, offering very quick delivery of a limited range of products from small local warehouses....
January 26, 2022
HTSI
How To Give It… with Joni Mitchell, The Beatles and a tribute to Virgil Abloh
...Inspired by the eponymous ancient Roman festival, the show conjures imagery of feasting and festivities, from Oriele Steiner’s dancing pub-goers (Shall We Get Another One?)...
January 27, 2022
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Clariant AG
Clariant delays 2021 results as it probes whistleblower claims
...“The investigation is not entirely concluded, but suggests that there was a limited group of people globally who may have intended a profit steering to build some performance buffer,” Peter Steiner, head...
February 14, 2022
United Nations
UN agency hit with corruption allegations at climate projects
...“Matters of misconduct and misappropriation of funds continue to obstruct sustainable development across the world,” the donors said in March in the letter to Achim Steiner, the UNDP administrator since...
November 30, 2020
News in-depthClariant AG
Accounting probe mars Clariant’s hoped-for comeback
...And while the company has said its investigation is limited to the financial results of 2020 and 2021, it has also said it cannot rule out that there may be discrepancies dating back further....
February 17, 2022
Ocado Group PLC
Ocado offsets drop in customers with sharp rise in sales
...The group is planning to increase capital spending in 2021 but signalled that its ability to serve new customers in the UK would continue to be limited....
February 9, 2021
FT Magazine
A remote village, a world-changing invention and the epic legal fight that followed
...“A patent is a limited-time monopoly to encourage investment in innovation....
January 27, 2022
News in-depthCoronavirus
Teachers grapple with how to help students scarred by pandemic
...The longer-term challenge will be assessing how far behind pupils have fallen in their academic and emotional development and finding ways to rectify the problem with often limited resources....
March 7, 2021
LombardCat Rutter Pooley
The Hut Group has an Ocado-like tinge
...Limited visibility on potential profitability hasn’t hurt Ocado with its robot warehouse contracts. Nor has Ocado CEO Tim Steiner’s £54m bonus....
October 26, 2020
The FT guide to divorce
Divorce lawyers to the wealthy: ‘The pandemic has been a real wake-up call’
...Such tactics are not limited to the US. Lawyers elsewhere also report wrangling between couples over asset values and timing....
October 12, 2020
UK retail industry
Ocado delivers on promise of high-tech future
...This evolution has placated many of Ocado’s early critics, who were concerned by what they deemed a high-cost business model with limited growth prospects....
March 14, 2019
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Moral Money
Climate crisis carries unknown cost; SEC backlash; world leaders sound alarm
...It could also cause value shifts in the sovereign and municipal bond markets, since some countries and regions will struggle to cope with climate change on limited taxpayer resources....
July 3, 2019
News in-depthRetail sector
The difficulties of making online delivery pay
...Tim Steiner, chief executive, firmly believes that more automation — eventually including self-driving delivery vans — will lower the cost further....
March 1, 2019
Retail sector
Ocado and M&S in talks over UK retail joint venture
...Tim Steiner, Ocado’s chief executive, said this month that the grocery operation was “critical” to the group’s success and it was “not a non-core asset that we’re looking to dispose of”....
February 26, 2019
European companies
Steiner trust in £50m Ocado share sale
...That is potentially concerning for partner Ocado and comes hot on the heels of a high-value share sale from the Steiner Millennium Trust — a family trust of which Ocado boss Tim Steiner is a beneficiary...
September 8, 2018
Ocado Group PLC
Ocado warns fire at flagship warehouse will hit sales growth
...He also said that the loss of retail orders would be of limited relevance to those who value Ocado primarily as a technology company....
February 6, 2019
News in-depthCompanies
What does 2019 hold for the biggest companies
...At Ocado, one of 2018’s few success stories, Tim Steiner’s team need to show they can implement and profit from the series of technology deals announced over the past 18 months....
December 28, 2018
European equities
Stocks to watch: Ocado, TP ICAP, Softcat, Equiniti, FCA, PepsiCo
...At the same time Ted Baker has limited exposure to legacy bricks and mortar retail assets, leaving it well placed to manage structural sector headwinds including online in key markets (eg UK)....
July 10, 2018
Retail & Consumer industry
Ocado beats profit forecasts; still no imminent sign of international deal
...Ocado chief executive Tim Steiner highlighted the strong progress despite “limited growth” in the wider grocery market, with many companies’ margins under pressure thanks to growing competition....
January 31, 2017
UK retail results
Ocado delivers unexpected profit rise, but no long-awaited deal
...Tim Steiner, Ocado chief executive, highlighted the strong progress despite “limited growth” in the wider grocery market, with many companies’ margins under pressure thanks to increased competition....
January 31, 2017
FT Magazine
Inside Formula One’s race for world domination
...You cannot,” says Steiner....
June 15, 2017

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