The Creek Group Company

EG Group in talks to sell some UK assets to co-founder Zuber Issa

...EG Group is in talks to offload some UK assets to billionaire co-founder Zuber Issa in what the company told investors was an attempt to reduce the debt pile of its petrol-station empire....

March 6, 2024

Golf

‘Billionaires’ playgrounds’: the $1mn fees upending Florida’s golf clubs

...This is the group’s second new club in the area....

April 10, 2024

FT Live

Bank of the Year Awards 2024

Recognising the best in banking globally

IPOs

Safety testing group UL Solutions plans one of largest IPOs of the year

...The company declined to comment. UL Solutions is owned by the non-profit group UL Standards & Engagement....

October 26, 2023

Investments

IG Group clients hit by refund errors

...The errors, and the time taken by the company to resolve the issue, highlight the importance of resilient IT systems for online trading platforms with hundreds of thousands of clients....

April 26, 2024

Credit Suisse Group AG

Last Credit Suisse chief executive, Ulrich Körner, to leave UBS

...Based on the combined group’s headcount of 120,000 last year, the total number of job cuts would be 35,000....

May 6, 2024

Silver Lake Group LLC

Silver Lake targets ‘bigger bets’ as it raises its largest fund

...companies....

May 8, 2024

FT Live

Infrastructure Investment in Latin America and the Caribbean

Identifying opportunities for investors and asset managers

UBS Group AG

UBS reports first quarterly profit since Credit Suisse takeover

...The Swiss executive, however, hit out at proposals from the Swiss finance department that would significantly increase the group’s capital requirements....

May 7, 2024

LexJohn Wood Group PLC

Wood shows some companies may be better off private

...Few outside of the energy industry and Scotland would once have heard of Wood Group....

May 9, 2024

L'Occitane International SA

L’Occitane owner offers to take skincare group private at €6.5bn valuation

...“The cosmetics sector is undergoing profound changes, and our company has significantly transformed into a geographically balanced multi-brand group,” Geiger said in a statement....

April 29, 2024

Cryptocurrencies

Crypto group Copper launches review after ‘embarrassing’ sushi party

...The UK group hosted a party at the five-star Mandrake hotel in central London at which two people who appeared to be wearing thin bodysuits lay on a long table with plates of sushi on their bodies, the Financial...

March 28, 2024

Music

Rock band Kiss sells rights for $300mn to company behind Abba hologram show

...The company said the deal would “unlock new audiences and revenue streams”....

April 4, 2024

The best books of the week

A journey into Britain’s murky colonial hinterland

...islands to the foothills of Snowdonia; from northern mill towns to Cornish creeks and the flamboyant Mughal-style fantasy palace of Sezincote in Gloucestershire....

May 8, 2024

ReviewFiction

Float Up, Sing Down — delightful day-in-the-life stories of small-town America

...Several focus on the Bright Creek Girls Gaming Club, a group of elderly ladies who dress up in feather boas and bet dimes on marbles and cards while devouring devilled eggs....

February 1, 2024

Ecommerce25 min

The rise of Pinduoduo and Temu: profits and secrets | FT Film

...Wechat groups between staff members are actively discouraged....

March 6, 2024

Lebara Mobile Ltd

European telcoms group Lebara explores sale

...The London-based company, which since 2019 has been owned by the investment groups Alchemy and Triton, began life offering cheap international phone calls to migrants who had come to Europe....

December 20, 2023

FT Live

TNW Conference 2024 - The Next Web

Europe’s leading tech event for corporates, startups, investors and governments

Correction

Correction: Suntory Group

...Suntory Beverage and Food is the soft drinks company of the Suntory Group. It does not include Suntory whiskies as wrongly suggested in the Women of the Year feature....

December 1, 2023

News in-depthChinese business & finance

Inside the crisis at Alibaba: how China’s best-known tech group lost its way

...The intended rallying cry only served to show how China’s best-known tech group has lost its direction....

January 2, 2024

Walt Disney Co

Florida judge dismisses Disney’s free-speech case against Ron DeSantis

...Disney filed the lawsuit last year against DeSantis and other Florida officials for “weaponising the power of government to punish private business” after the company stated its opposition to the 2022 law...

January 31, 2024

ESPN Inc

Can Disney’s ESPN become the US’s biggest sports betting company?

...Chad Beynon, a gaming industry analyst at Macquarie Group....

November 14, 2023

Atos SE

French tech group Atos says Daniel Křetínský and Onepoint make bailout offers

...French tech group Atos said Czech billionaire Daniel Křetínský and David Layani’s Onepoint have made offers to bail out the heavily indebted group as it races to strike a restructuring deal this month....

May 6, 2024

Media

Blackstone in pole position over $1.6bn Hipgnosis takeover

...Blackstone has taken pole position in the takeover battle for Hipgnosis Songs Fund after rival Concord said it would not match the US private equity group’s $1.6bn offer for the UK-listed music rights owner...

May 9, 2024

FT MagazineJancis Robinson

Napa Valley is California’s wine barometer, an expensive one

...In 2022, the family winery Joseph Phelps was swallowed up by the luxury group LVMH, which had already acquired a substantial stake in Colgin on prized Pritchard Hill from Ann Colgin and Joe Wender....

April 20, 2024

Byju's

Edtech group Byju’s faces shrinking empire with creditors at the gates

...Through legal action, Byju’s term lenders won the right to appoint financial firm Kroll to oversee the Singapore-based edtech company....

October 29, 2023

International Airlines Group

British Airways owner IAG predicts another bumper summer

...The company reported operating profit before exceptional items of €68mn in the first three months of the year, beating analysts’ expectations and up from €9mn a year earlier....

May 10, 2024

CVC Capital Partners Ltd

CVC takes stake in owner of paint group Farrow & Ball

...CVC is investing through a fund that holds on to assets for longer than the three to five years private equity groups typically seek to own the businesses they invest in....

May 8, 2024

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