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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...The chief executive of BCG has said the $12bn consulting firm expects to generate a fifth of its revenues in 2024 from helping corporations integrate artificial intelligence into their businesses, a share...
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...In the UK companies cannot advertise prescription medicines to the public but are allowed to promote them to healthcare professionals....
April 23, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
April 23, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Activist investor Sparta Capital Management is calling on London-listed engineer Wood Group to consider a US listing to address the “continued underperformance of its shares”....
April 19, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...But the groups “would prefer to solve their own problems, as opposed to have politicians solve it”, he said....
April 25, 2024
Jefferies Group Inc
Jefferies boss sells $65mn in stock to buy a customer’s yacht
...Jefferies has advised on many of Fertitta’s deals, while he and Handler have raised four special purpose acquisition companies together under the name Landcadia Holdings....
April 24, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Due Diligence
The billionaire, TikTok and Trump Premium content
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
April 24, 2024
The Week Ahead
Opening arguments begin in Trump trial
...Q1, Eni Q1, Ford Motor Company Q1, General Dynamics Q1, Hasbro Q1, Heathrow Q1, Heineken Q1 trading update, Hilton Worldwide Holdings Q1, IBM Q1, Interpublic Q1, Lloyds Banking Group Q1 interim management...
April 21, 2024
Airlines
US airlines under fire for raising baggage fees again
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
March 10, 2024
LexMedia
Vivendi: break-up would reward Bolloré family with rule of three Premium content
...The record label — home to Their Satanic Majesties among others — was successfully spun off in 2021 for €47bn. The rest of the group took it hard....
December 14, 2023
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...The deal comes as some UK assets have become attractive targets for US companies amid the strengthening of the dollar....
April 15, 2024
Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...Eni will receive a 38 per cent stake in the enlarged Ithaca group, worth about £754mn based on its closing share price of 118.8p on Tuesday....
April 23, 2024
Futures contracts
Goldman and Citadel Securities back Lutnick’s renewed tilt on futures market
...“I have sat here for 22 years as the chair and CEO of this company since we went public and I’ve seen nothing but competition. So this is no different....
April 25, 2024
Lok'nStore Group PLC
Lok’nStore agrees £378mn takeover by Belgian-listed rival Shurgard
...Lok’nStore is set to become the latest company to leave the UK stock market, after the self-storage group agreed to be bought by Belgian-listed rival Shurgard for £378mn....
April 11, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...for the company)....
April 18, 2024
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...of a marketplace with no barriers to entry, constant influx of new competitors,” Joanne Crevoiserat, the company’s C.E.O., told DealBook....
April 23, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...David Ellison, who runs Skydance, has 30 days to reach a deal with the company controlled by Shari Redstone’s National Amusements (NAI), her family’s privately owned cinema group that holds 77 per cent of...
April 3, 2024
Apple Inc
Apple accused by Congo over conflict minerals in iPhones
...rebel groups to launder “vast quantities” of key minerals from the DRC’s territory....
April 25, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...The company said the security services were “in the interests of the company and its shareholders”, owing to the “critical value” the pair provided....
April 21, 2024
Apple Inc
EU probes Apple over App Store shutdown of Epic Games
...of the company’s account....
March 7, 2024
News in-depthTikTok Inc
TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington
...Data from ITjuzi shows that out of SIG China’s 389 deals, 49 were in AI-related start-ups and five in chip companies, though the group did slow the pace of China investment last year....
April 24, 2024
Retail & Consumer industry
FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach
...A tie-up would give Tapestry a dominant slice of what the company has identified as the “accessible luxury” handbag market, the FTC said....
April 22, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...“This is the beginning, not the end, of this long process,” Beckerman told TikTok employees. The group is set to hold a town hall for staff on the US situation on Wednesday....
April 22, 2024
JD Sports Fashion PLC
JD Sports to deepen US reach with $1bn bid for Hibbett
...Mike Longo will continue as chief executive and president of Hibbett, while Jared Briskin will take on the role of chief operating officer at the US company....
April 23, 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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