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PwC
PwC delays graduate scheme promotions as client demand slows
...However, it only applies to those who started the scheme in October and November 2022, with those who joined in September of the same year eligible for promotion....
February 12, 2024
Wirecard AG
Wirecard shareholders sue EY over alleged asset stripping in Germany
...The Big Four firm had issued unqualified audits for almost a decade for the once-celebrated German tech company, which collapsed in June 2020 in one of Europe’s largest accounting scandals....
April 8, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Technology sector
China blocks use of Intel and AMD chips in government computers
...The state-led march away from foreign hardware will dent US companies in China, starting with the world’s dominant PC processor makers, Intel and AMD....
March 24, 2024
Letter
Letter: The ‘woman tax’ and other hurdles to CEO promotion
...The Pipeline’s most recent “Women Count” report found that just 9 per cent of FTSE350 companies had a female CEO, up from a woeful 4 per cent in 2019....
March 11, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
April 18, 2024
Apple Inc
Apple reaches $490mn settlement over Tim Cook’s China demand comments
...The motion failed to pass....
March 15, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
On Wall StreetJoe Miller
‘Spoofing’ case might draw back curtain on high-speed trading firms
...In his report recommending dismissal, magistrate Gary Stein concluded that while the company had not yet done enough to tie the trading in question to losses sustained by selling shares at the artificially...
March 2, 2024
Taylor Swift
Taylor Swift’s return to TikTok puts her at odds with Universal
...The two companies are still at an impasse. The return of music’s biggest star to the platform underscores TikTok’s importance to artists as one of the biggest drivers of music discovery and promotion....
April 11, 2024
ExxonMobil
Investors pull ExxonMobil climate motion after oil supermajor sues
...Companies rarely go to court to block shareholder motions. Instead, they usually appeal to the SEC for permission to remove unwanted resolutions from the ballot....
February 2, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Some companies throw in perks. Customer shareholders benefit from discounts at a plethora of retailers and storage outfits among others....
April 19, 2024
Eurostar International Ltd
Eurostar censured by UK watchdog over cheap seats promotion
...The promotion was on journeys between London and Paris, Brussels or Lille booked in August and September....
January 3, 2024
Financial Conduct Authority UK
UK regulator warns ‘finfluencers’ to adhere to advertising rules
...About 95 per cent of the FCA’s “interventions” over misleading advertisements in the last quarter of 2023 were related to online promotions, the FCA said....
March 26, 2024
Disrupted Times
Brussels blasts Big Tech
...Persuading employees to speak up when they see something wrong is crucial if companies are to avoid disaster, but there are many pitfalls, including being passed over for promotion or forced out....
March 25, 2024
Apple Inc
Apple bows to Brussels over App Store in latest EU concession
...As part of the latest changes announced on Tuesday, developers launching their own marketplace will be able solely to offer their own apps on an alternative app store and will be able to offer promotions...
March 12, 2024
Banks
Towards a theory of co-headship
...Of all the many curious things about investment banking, the titles it gives people are not the least. “Managing directors” who are not directors of any company and don’t manage anything....
March 11, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
UK regulator issues warning to ‘finfluencers’
...years in prison, an unlimited fine, or both....
March 26, 2024
Moral Money
Apple stand-off tests investor concern over workers’ rights Premium content
...At Starbucks’ annual meeting last year, shareholders voted in favour of a motion demanding the company commission an external audit of its approach to organised labour....
March 4, 2024
Artificial intelligence
Microsoft derides ‘doomsday futurology’ of New York Times’ AI lawsuit
...The Times became the first big US media company to sue OpenAI and Microsoft over their AI chatbots in December, accusing the technology companies of unlawfully copying millions of articles to build the program...
March 5, 2024
Rene Benko
Signa tycoon René Benko files for personal insolvency
...Key companies in Benko’s Signa group are already in administration as part of the largest and most complex insolvency proceedings in Austria’s history....
March 7, 2024
Investments
UK reverses thresholds for promos to angel investors after backlash
...companies....
March 6, 2024
Cryptofinance
BlackRock Buidls back better Premium content
...But its first use case may be to feed into the perpetual motion machine that is crypto trading. What’s your take?...
April 12, 2024
News updates from October 11: Fed minutes show ‘two-sided’ risks, ExxonMobil agrees to $60bn deal Pioneer deal
London Capital & Finance censured for minibond promotion by UK regulator
...The former chief executive of the company, Michael Thomson, was sentenced to ten months jail time in May for contempt of court related to the Serious Fraud Office’s probe into the £236mn collapse of LCF...
October 11, 2023
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
Disney movie studio head departs as Iger continues company shake-up
...Sean Bailey is stepping down after 15 years as president of Disney Studios motion picture production, a tenure that produced successful remakes of The Lion King, Beauty and the Beast and Aladdin, the company...
February 27, 2024
Inside BusinessSujeet Indap
Test case looms for companies seeking US bankruptcy protection
...The US trustee motion came just two weeks after an individual claimant in the case, Timothy Culberson, filed his own motion to move or dismiss the Sorrento case....
February 26, 2024
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...The filing requires developers to set up a local company or use a local publisher and host the back end of the app in China, said Bishop, who predicted that most companies would end up operating a second...
April 19, 2024

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