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...The sanctions meant the businessmen had to relinquish control of the group they set up to invest their fortunes, and prompted the firm to introduce a new governance structure headed by City grandee Mervyn...
...“There are plenty of things we have to fix at CNN,” said Thompson, who was last year appointed chief executive of the once-pioneering broadcaster to turn around its fortunes....
...Warning of the “danger of dissolution”, he recounted the story of Zacchaeus, a tax collector who, after letting Jesus stay the night, gives half his fortune to the poor....
...Both companies’ fortunes have been transformed by the success of their GLP-1 diabetes drugs in treating obesity: in Novo’s case, Ozempic is marketed as Wegovy for obesity; at Lilly, Mounjaro goes under the...
...Lex looked at how the time-honoured institution is reviving its fortunes and where its recent progress appears fragile....
...America’s dollar stores, which historically did well when times were tough, are struggling: their fortunes in recent years have been determined by which particular strata or low-income consumer they serve...
...daniel.thomas@ft.com; harriet.agnew@ft.com Letter in response to this article:Quite the opposite is true / From Matteo Sartori, Milan, Italy...
...This practice of “spending down” a fortune is rare, but not unprecedented among very wealthy individuals....
...The new agency, which will be called Burson, will have a client roster that includes more than half of the Fortune 100 across corporate and public affairs, healthcare, technology and brand marketing....
...The company’s former finance chief, Daniel Lerup, and chief operating officer Richard Hunter stepped down in November with immediate effect, while chair Thomas Thune Andersen will step down in March after...
...Based on a 2013 novel by Jin Yucheng of the same name, Blossoms tells the story of A Bao, a young entrepreneur seeking to make his fortune in the 1990s, and his intertwined business and personal relationships...
...A luxury Scottish golf resort owned by Donald Trump’s family has made its first profit since the acquisition almost a decade ago, in a boost to the US presidential hopeful’s fortunes....
...It is a reversal of fortunes for a team that dropped from the top to the third tier of English football in just two seasons....
...Coates family took their place in the box at the notoriously chilly Bet365 Stadium — where home team Stoke City drew against Ipswich on New Year’s Day — warmed at least by another boost for their personal fortunes...
...helen.thomas@ft.com...
...Thomas Flohr, owner of luxury airline VistaJet, must continue to fight an attempt to claim that he defrauded a Guernsey investment partnership two decades ago after London’s High Court refused to dismiss...
...Emma Thomas, Nolan’s wife and the film’s producer, accepted the best picture prize. “I could deny it but I have been dreaming of this for so long,” Thomas said in her acceptance speech....
...Like many entrepreneurs of the period, the brothers made their first fortunes in the booming postwar property market, using this success to move on to bigger and ever-better deals through the 1960s and 1970s...
...Daunt said that he has applied the principles that helped restore Waterstones’ fortunes to Barnes & Noble....
...State media reports linked the products to real estate projects developed by China Fortune Land Development and Sunac, respectively....
...The vote is a moment in the five-year rollercoaster for investors in the company, which owns song rights for artists such as the Red Hot Chili Peppers and Neil Young, as well as the fortunes for music rights...
...Developers, whose fortunes are intertwined with the local governments that sell them land and the investors who back them, have struggled to recover amid a wider lack of confidence....
...This year’s CIIE, an annual event launched in 2018 by Chinese president Xi Jinping, included more than half of the world’s Fortune 500 companies and more than 3,000 businesses in total, each with stalls...
...Alongside Sunac, China Fortune Land Development, a developer that defaulted in early 2021 before Evergrande, separately gained approval for its own $5bn restructuring scheme at a London court earlier this...
...a Hong Kong court will address a winding-up petition, brought by offshore investor Top Shine Global, against a company that has embodied the turmoil that has engulfed China’s property sector and whose fortunes...
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