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...The company said Antoni would retire and take a part-time advisory role from January 2025. The group will use the new funds to add scale and make further investments and acquisitions....
...A spokesperson for the Department for Culture, Media and Sport said the government would take a “balanced and pragmatic approach” to AI, adding: “Our multi-billion-pound publishing sector is the number one...
...He added: “We will need to do a cost assessment on it as well. Clearly, the BBC holds almost 80 years of audio and video archive as well as a huge text archive online....
...for a more digital audience....
...Pulling off a business revival, whether it is pivoting to a new opportunity (generally as a core market fades) or resurrecting a business from a scandal or mishap, is difficult stuff — full of ambitious...
...Have a great week, Helen ThomasHead of Lex...
...“No, I’m actually a very bad student,” he says, adding an expression meaning “just kidding” that he says so often it approaches a verbal tic....
...Thomas Jordan informed the SNB he would step down at the end of September. “The Bank Council and the Governing Board greatly regret Thomas Jordan’s decision,” the central bank said in a statement....
...Cobalt, like other battery metals, is in a bear market, thanks to supply growth. That is an opportunity for the automotive sector. Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...Silver Lake’s money helps Viavi do a deal that looks a good strategic fit. The private equity group, meanwhile, gets a downside-protected route into a company’s share capital....
...In a memo to staff this week entitled “The Greatest Story Ever Told”, GB News executive Mick Booker compared the channel to a modern day TV Noah’s ark or a biblical David that, to some, was “the saviour...
...Davie will also emphasise the role the BBC can play to help ensure the UK will continue to have a healthy democracy and a strong creative economy, which he will say are under pressure....
...Thomas Woldbye says Heathrow shares just one feature with the Copenhagen airport he ran for 12 years. “What’s different to Copenhagen?...
...How to democratise the UK stock market, one research note at a time Jeff Bezos is selling. Should you? Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...as part of a decade-long borrowing binge....
...“Thomas Jordan has been a defining influence on the SNB and its monetary policy for over a quarter of a century,” said Barbara Janom Steiner, president of the bank’s supervisory council....
...Good hair and a lofty valuation: a rare stumble poses the question, is L’Oréal worth it? Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...The narrative of a perfect correlation between doing good and doing well in the world of green investing is breaking down. Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...National World reported a pre-tax profit of £3.1mn last year, a fall from the £5.1mn in the prior period. It had a cash balance of £10.7mn at the year end....
...Thomas Hale So a Hong Kong court has ruled that Evergrande, or at least its holding company in Hong Kong, should be liquidated....
...Thomas Nides, a former top Morgan Stanley executive and former US state department official has joined Blackstone Group as its vice chair....
...Investors last year also blocked a deal to sell a $440mn music rights portfolio to a sister fund run and backed by private equity group Blackstone....
...News agencies have a commitment to ensure the accuracy of photos they release. Reuters said it withdrew the “handout” photo following a post-publication review....
...LVMH puts fears of a luxury crunch to rest. Get in touch with your thoughts about this newsletter — or anything else — via helen.thomas@ft.com or lexfeedback@ft.com. Helen ThomasHead of Lex...
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