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Apollo Global Management LLC
Apollo sells stake in asset-backed lending unit to insurer MassMutual
...between a traditional insurer and a private capital group....
April 24, 2024
Grant Thornton LLP
Grant Thornton retirees escalate revolt over private equity deal
...A group of former partners has hired the law firms Brown Rudnick and Sweeney, Scharkey & Blanchard to represent them, according to people familiar with the matter, after being dissatisfied with an improved...
April 11, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Google LLC
Google considers charging for AI-powered search in big change to business model
...Engineers are developing the technology needed to deploy the service but executives have not yet made a final decision on whether or when to launch it, one of the people said....
April 3, 2024
Abrdn Plc
Abrdn shareholders urged to reject pay report over new CFO’s £675,000 salary
...It follows a difficult period for the fund group, in which its share price has fallen sharply, leading to its ejection from the FTSE 100 twice in recent years....
April 4, 2024
Grant Thornton LLP
Grant Thornton’s retired partners demand bigger payout from private equity sale
...A group of retired partners, including three former chief executives, are negotiating with the current leadership to try to get a better deal....
March 29, 2024
News updates from March 22: Dozens dead in Moscow attack; Princess of Wales undergoing cancer treatment
Profits at JD Wetherspoon surge after customers return to pubs
...UK pub group JD Wetherspoon posted a surge in profits, as customers returned to its pubs after the pandemic despite the cost of living pressure....
March 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
Leadership
It was Singaporean SWF supremacy at the FT Alphaville Pub Quiz — but how would you have done?
...Scroll down for quiz The future of Singaporean sovereign wealth investment looks safe after GIC’s finest took home the dub at last night’s FT Alphaville Pub Quiz in New York City....
April 10, 2024
Trading technology
Citadel Securities moves data and algorithm testing to Google Cloud
...Nasdaq and London Stock Exchange Group....
April 9, 2024
FT Globetrotter
The unwritten rules of the great London pub quiz
...The pub seems surprisingly busy — little groups of unusually attentive punters are hunched over sheets of paper at their table, deep in thought. Someone is tapping impatiently on a microphone....
April 17, 2024
UK prime property
Hot property: five homes for sale in Pembrokeshire
...The nearby village of St Dogmaels is home to a pub and abbey ruins. What The main house dates from the mid 19th century and has six bedrooms....
March 19, 2024
Houthi movement
Three killed in Houthi attack on cargo ship off Yemeni coast
...One hit the container ship MSC Sky II on Monday, while the US warship USS Carney shot down another. It did not say what happened to the other two weapons....
March 7, 2024
News updates from November 16: Oil prices hit 4-month low, Wirecard hacker sentenced to 80 months in prison
Brewer Young’s buys City Pub Group for £162mn
...The deal values City Pub Group shares at a 46 per cent premium to Wednesday’s closing price....
November 16, 2023
Young & Co's Brewery PLC
Young’s snaps up rival City Pub Group as sector struggles
...A total of 383 pubs shut in the first six months of the year, according to Altus Group, nearly matching the total for the whole of last year....
November 16, 2023
LexEndeavor
Endeavor’s deal is a fitting end to a sorry show Premium content
...They certainly should after the entertainment group announced a long-expected go-private sale to its existing majority shareholders this week. The deal values Endeavor’s equity at $13bn....
April 3, 2024
Futures contracts
Goldman and Citadel Securities back Lutnick’s renewed tilt on futures market
...Goldman Sachs and Citadel Securities are among a group of 10 large trading groups backing bond pioneer Howard Lutnick’s renewed tilt on CME’s monopoly on the US Treasury futures market....
April 25, 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
Darktrace
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
...group....
April 26, 2024
Energy sector
Commodity traders bet on big data and AI
...Groups such as Vitol and Trafigura, which traditionally relied on political connections, handshakes and logistical skill to move natural resources from remote locations to willing buyers, are increasingly...
April 21, 2024
Travel & leisure industry
London’s Groucho Club chooses Yorkshire manor for first outpost
..., Grade II-listed manor house located in the grounds of the Yorkshire Sculpture Park, near the northern England town of Wakefield....
March 14, 2024
Alphabet Inc
Alphabet surges past $2tn valuation as it announces first dividend
...The social media group’s shares plunged 11 per cent after chief executive Mark Zuckerberg said on Wednesday he would spend billions more than planned on AI, warning costs would have to increase “meaningfully...
April 26, 2024
Inside BusinessSujeet Indap
Apollo back under scrutiny over expenses scandal
...It concluded that Apollo’s limited partnership agreements, with pensions and sovereign wealth groups, stated that such travel and dining expenses should be borne by Apollo, not the funds and its investors...
March 27, 2024
Aukus
US, UK and Australia say Japan could join part of Aukus pact
...forces, but added: “We are confident that engaging like-minded partners in the work of Pillar II will only strengthen this pursuit.”...
April 8, 2024
Due Diligence
Apollo’s expense scandal gets another day in court Premium content
...Most of the deals were in the energy, tech and financial sectors, according to data from the London Stock Exchange Group....
March 28, 2024
Ted Baker PLC
Ted Baker preparing to appoint administrators
...“We wish that there could have been a better outcome for the Ted Baker employees and stakeholders,” John McNamara, chief strategy and transition officer at Authentic Brands Group, the US owner of the Ted...
March 19, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
...“The momentum of closing that gap is pretty strong.” China started commercial driverless development in 2013, about five years after groups in the US....
January 31, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
April 18, 2024

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