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Klarna AB
Klarna’s reclusive co-founder buys up shares using opaque structure
...Jacobsson has nonetheless been among the most active investors in the company over the years, using his “right of first refusal” to buy up Klarna stock in the secondary market through special purpose vehicles...
March 9, 2024
EG Group
EG Group in talks to sell some UK assets to co-founder Zuber Issa
...The group on Monday said it was expecting to use $182mn from the sale of its 218 KFC franchise restaurants to repay debt after the deal completes in the first half of this year....
March 6, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Swiss politics
Switzerland opens first criminal probe over Russia sanctions ‘violations’
...Switzerland’s attorney-general has opened a criminal investigation into alleged violations of its Russia sanctions by an unnamed company, in the first sign that the country is willing to prosecute groups...
March 12, 2024
The Big Read
The battle over TikTok
...the person close to the company....
March 15, 2024
Nuclear energy
Bill Gates’ TerraPower plans to build first US next-generation nuclear plant
...The company has secured pledges from the US government to provide up to $2bn to complete work at TerraPower’s first plant in Kemmerer, Wyoming....
March 19, 2024
Uber Technologies Inc
Uber records first annual profit as market value approaches $150bn
...Uber has reported its first annual operating profit, marking an “inflection point” in the tumultuous history of the ride-sharing company and sending its shares to fresh highs....
February 7, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Donald Trump
Trump’s stake in social media group hits $4.6bn after market debut
...The company, which operates Truth Social and plans to launch a streaming service in the next year, lost $49mn in the first nine months of 2023 and earned $3.4mn in revenue....
March 26, 2024
Letter
Letter: First day of the week and last day of the weekend
...Sunday is the first day of the week, not the last, as the article incorrectly suggested. The last day of the week (Saturday) and the last day of the weekend (Sunday) are not to be confused....
April 19, 2024
The FT ViewThe editorial board
Timing the tricky first rate cut
...Many already blame them for being too slow to raise rates in the first place....
March 15, 2024
LexRetail sector
Rent the Runway needs more than AI to go from rags to riches Premium content
...The stock, worth $345 when the company went public in October 2021, now trades at just over $11, to give RTR a market value of $41mn....
April 19, 2024
Eli Lilly & Co
Eli Lilly strikes drug dispensing deal with Amazon
...The addition of Amazon Pharmacy to Eli Lilly’s direct-to-consumer dispensing network is the first time Amazon has partnered with a big drug company since it launched its online pharmacy business in 2020....
March 13, 2024
Paul Killik
Why buying company shares has gone out of fashion
...These investors, however, have very little say in the running of the companies contained in their funds, unlike direct shareholders....
April 5, 2024
Venice Biennale 2024
Benin stakes a claim in the art world with first Venice Biennale pavilion
...nearer to the city and, flagging its intentions of becoming a cultural destination, Benin is about to make its first appearance at the Venice Biennale....
April 13, 2024
News in-depthChinese economy
China warns west of ‘survival of the fittest’ as manufacturing boosts economy
...reading of 5.3 per cent GDP growth year on year for the first three months of 2024....
April 17, 2024
News updates from December 12: Biden warns Netanyahu to change tack or risk losing global support, Sunak wins Rwanda asylum vote
AstraZeneca strikes $1bn deal to acquire first vaccine company
...AstraZeneca is buying its first vaccine company in a deal worth up to $1.1bn, as it invests in the infectious disease unit it set up during the Covid-19 pandemic....
December 12, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Space exploration
First commercial spacecraft lands on the Moon
...Bill Nelson, Nasa administrator, said: “The US has returned to the moon. Today for the first time . . . a commercial company, an American company has launched and led the voyage up there....
February 24, 2024
The Big Read
The pensioners and babies behind a new era of climate lawsuits
...Large energy companies can also use the courts....
April 12, 2024
LexUS Inflation Reduction Act
How Biden’s climate credits can be worth more as ready cash Premium content
...But the company cannot wait around for tax refund season....
January 3, 2024
News updates from February 22: Global stock markets hit record highs, Nvidia smashes record for one-day valuation increase
First commercial spacecraft lands on the Moon
...A commercial space flight has successfully landed on the Moon for the first time, opening a new era of private lunar exploration....
February 24, 2024
News updates from February 23: Nvidia market value briefly tops $2tn, Navalny’s mother refuses Russian ultimatum
First commercial spacecraft lands on the Moon
...The Moon is officially open for business after the first commercial spacecraft successfully landed on the lunar surface....
February 23, 2024
Janan Ganesh
The rise of the political casual
...Foreign affairs and terror aside, it might have been the most apolitical time in the west since the dawn of the universal franchise. I considered it normal and right. I was wrong on the first count....
February 9, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
S&P 500 notches first gain of the second quarter
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
April 3, 2024
News in-depthElectric vehicles
Ola Electric heads for two-wheeler IPO in India’s first EV listing
...As India’s first listed electric vehicle company, Ola Electric would give investors an initial opportunity to bet on the country’s EV adoption, which is so far concentrated in two-wheelers in one of the...
January 17, 2024
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
S&P 500 notches first gain of the second quarter
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
April 3, 2024
The best books of the week
Reading Genesis — Marilynne Robinson’s new insights on the first book of the Bible
...Of the opening line of Genesis (“In the beginning God created the heaven and the Earth”), she comments, “When I think there was a day when a human hand first wrote those words, I am filled with awe.”...
April 11, 2024

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