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News in-depthReckitt Benckiser Group PLC
Fight, settle or split? How a $60mn damages verdict is piling pressure on Reckitt
...It took just 98 minutes for a dozen ordinary Americans in an Illinois court to unanimously land a $60mn blow against a consumer goods giant based thousands of miles away in the UK....
March 22, 2024
Donald Trump
Trump’s lawyers say he cannot raise bond in $464mn fraud case
...The $91.6mn bond was underwritten by a subsidiary of the Chubb corporation....
March 18, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Airlines
European carbon trading catching less than quarter of airline emissions, data finds
...Even under the current ETS systems, airlines flying in Europe paid €3bn in ETS allowances in 2023, T&E calculated....
April 19, 2024
Investments
Investors’ Chronicle: Hilton Food, WAG Payment Solutions, Caledonia Mining Corporation
...Caledonia Mining Corporation is at an awkward growth moment, undershooting production guidance for 2023 and reporting far lower profit numbers despite the strong gold price last year....
April 5, 2024
Retail & Consumer industry
Reckitt shares plunge after $60mn damages over baby formula
...The jury in an Illinois state court came to the conclusion that one of its formulas for premature babies, Enfamil Premature 24, which is manufactured by Reckitt’s US infant formula business Mead Johnson,...
March 15, 2024
Reckitt Benckiser Group PLC
Reckitt chief vows to overturn baby formula verdict
...The company can either seek a post-trial dismissal motion or, if that fails, appeal to an Illinois district appellate court....
March 18, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Sport
Formula E puts new grid spot up for sale as it tests electric racing demand
...However, the company would also take into account the potential benefits new teams could bring to grow the wider sport in the form of hospitality and brand recognition....
April 5, 2024
Antibiotic resistance
‘Potent’ antibiotic drug boosts fight against superbugs
...“What is most important is that it kills antibiotic-resistant strains in animals,” said Yury Polikanov, co-author of the research and an associate professor of biological sciences at the University of Illinois...
February 15, 2024
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
Trump secures $91.6mn bond as he appeals defamation verdict
...The sum, insured by a subsidiary of the Chubb corporation, was posted as part of an appeal against the decision, ahead of a Monday deadline that would have allowed Carroll’s lawyers to begin the process...
March 8, 2024
Fintech
Gift cards: the crypto off-ramp no one is watching
...A new study by crypto tax software CoinLedger reveals that the retail & e-commerce sector has the highest number of companies that offer the option to purchase through cryptocurrency....
March 12, 2024
Donald Trump
Trump posts $91.6mn bond as he appeals defamation verdict
...The sum, insured by a subsidiary of the Chubb corporation, was posted on Friday in Manhattan federal court as part of an appeal against the decision....
March 8, 2024
News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes
Reckitt shares set for historic plunge after baby formula verdict
...Reckitt shares were set for a historic plunge as investors considered the potential fallout after a court awarded $60mn in damages to an Illinois woman who said her baby died after consuming the company’...
March 15, 2024
Antibiotic resistance
New drug offers hope in fight against hospital ‘superbugs’
...CRAB is classed as a priority concern by the World Health Organization and an urgent threat by the US Centers for Disease Control and Prevention, because of the health risks it poses and the lack of effective...
January 3, 2024
BBC
Tim Davie calls for BBC licence fee reform
...The corporation said it was hit by a 30 per cent real-terms cut in funding between 2010 and 2020, as the licence fee failed to keep pace with inflation, prompting an aggressive cost-cutting programme that...
March 26, 2024
HTSI
The rise of the super e-scooter
...There are also F1 links to the new Series 1 e-scooter from Lavoie, an e-mobility company founded by McLaren Applied, supplier to the motorsport and automotive industries....
January 26, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Ireland
Ireland rakes in €6.3bn corporation tax bonanza in November
...A third of last year’s record corporation tax receipts came from just three tech and pharma companies....
December 5, 2023
OutlookPatti Waldmeir
The migrants who are pawns in the politics of US immigration
...Johnson wanted to build a tent city for them, but had to abandon the plan after an environmental study showed toxic chemicals in the soil....
January 8, 2024
Donald Trump
Trump’s bond reduced to $175mn in civil fraud case
...That bond was underwritten by a subsidiary of the Chubb corporation....
March 25, 2024
BBC
BBC splits India operations after coming under regulatory scrutiny
...“The BBC for the first time in its history has handed over content to an outside company set up by employees,” said one of the corporation’s journalists, who asked not to be named....
April 9, 2024
German economy
German companies’ dependence on China will last decades, warns Siemens
...Ralf Thomas said in an interview with the Financial Times. “This is about decades.”...
April 14, 2024
Due Diligence
PE+QE made K&E. Will it last? Premium content
...It has also invested in a company controlled by NBA basketball star LeBron James, acquired NFL rival league XFL with film star Dwayne “The Rock” Johnson, and holds stakes in the company that owns the Red...
December 13, 2023
LexReckitt Benckiser Group PLC
Reckitt’s baby formula woes will stoke calls for a break-up Premium content
...An Illinois court on Friday awarded $60mn in damages to a mother whose child died after consuming Enfamil baby formula....
March 18, 2024
BlackRock Inc
BlackRock loses appeal over UK tax on $13.5bn BGI deal
...The UK tax resident entity had claimed tax relief for interest costs linked to the loans, and tried to reduce the UK tax bills of other, profitable companies in the BlackRock group by setting the resulting...
April 11, 2024
Renewable energy
Wall Street turns to ‘solar grazing’ sheep in its push to go green
...An army of 5,000 sheep tends to Topaz alone....
April 10, 2024
News updates from January 30: Microsoft posts record revenue, Eurozone economy stagnates in Q4
Boeing withdraws request to expedite approval for 737 Max 7 jet
...Last week Illinois senator Tammy Duckworth urged the FAA not to certify the Max 7, based on concerns that the exemption request, if granted, would endanger passengers....
January 30, 2024

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