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Shein
Shein profits double to over $2bn ahead of planned listing
...The pipeline of Chinese groups seeking large New York listings has been limited since the disastrous IPO of ride-hailing group Didi in 2021, which was forced by Beijing to delist over data security concerns...
March 31, 2024
InterviewSupercell Ltd
‘Clash of Clans’ maker to ‘take more risks’ in search of billion-dollar hit
...We shouldn’t be stuck in previous genres, we should try new genres and invent new ones” Supercell, founded in 2010, is one of the most successful mobile gaming groups and was valued at $10bn when bought...
February 14, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from January 19: S&P 500 closes at record high, Ford cuts production of electric truck
Travelers shares surge 7% after insurer doubles quarterly net profit
...Shares in Travelers, one of the biggest US insurers, rose 7 per cent in early trading on Wall Street after it posted fourth-quarter net profits of $1.6bn, doubling from the same period the previous year...
January 19, 2024
FT Alphaville
FTAV’s further reading
...Takes 2024 (Hell Gate) — 21st-Century Missionary Style (Air Mail) — Kotaku EIC Resigns Over New Editorial Edict (Aftermath) — Bill Gross: Time Traveler (William Gross) — Geoeconomics with one hand tied...
March 25, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
New Jersey earthquake shakes New York City and other parts of the northeast
...New York City and other parts of the northeastern US were shaken on Friday following an earthquake in northwestern New Jersey....
April 5, 2024
US presidential election 2024
Exit of Donald Trump critic Chris Christie shakes up Republican primary race
...MacDonald said Christie made “his own decision” to leave but also hinted at the feeling of grievance. “You don’t bully a guy from New Jersey: there were attempts to bully him out of the race....
January 11, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
US presidential election 2024
Donald Trump critic Chris Christie drops out of Republican primary race
...Former New Jersey governor Chris Christie has ended his campaign for president, in a move that was expected to consolidate support for Nikki Haley and the remaining Republicans challenging Donald Trump for...
January 11, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
US centrist group No Labels drops presidential election bid
...Former New Jersey governor Chris Christie, who has run twice as a Republican for president, also declined to be on the No Labels ticket last week....
April 4, 2024
Accenture PLC
Accenture cuts revenue forecast in signal of slower consulting market
...Pointing to an “uncertain macro environment”, the New York-listed group said on Thursday that its full-year revenues would grow between 1 and 3 per cent, below an earlier prediction of 2 to 5 per cent, underlining...
March 21, 2024
Robert Menendez
US prosecutors allege senator Bob Menendez took bribes to help Qatar
...US senator Bob Menendez accepted bribes to take actions favourable to Qatar, federal prosecutors alleged on Tuesday, as they added new detail to the corruption case against the New Jersey Democrat....
January 2, 2024
Fund management
Woodford was German, just for one day
...MainFT: The Jersey Financial Services Commission revealed on Wednesday that it had not yet received any application for authorisation from Woodford for a new, Jersey-based investment management company,...
April 18, 2024
News updates from November 1: Fed holds interest rates, CVC postpones European IPO plan
Ørsted halts New Jersey wind projects in blow to US energy plans
...The Ocean Wind projects promised to generate more than 2GW of offshore wind power in New Jersey....
November 1, 2023
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
Judge in DoJ lawsuit against Apple recuses himself
...The New Jersey federal judge presiding over the US Department of Justice’s antitrust lawsuit against Apple has recused himself from the case because of a potential conflict of interest....
April 10, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Judge in DoJ lawsuit against Apple recuses himself
...The New Jersey federal judge presiding over the US Department of Justice’s antitrust lawsuit against Apple has recused himself from the case because of a potential conflict of interest....
April 10, 2024
Life and Art from FT Weekend podcast22 min listen
Culture chat: ‘Civil War’ is not the film you think it is
...It stars Kirsten Dunst as a veteran photojournalist, who is on a road trip with a ragtag group of colleagues....
April 19, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
Artificial intelligence
Microsoft derides ‘doomsday futurology’ of New York Times’ AI lawsuit
...The news organisation, which is seeking billions of dollars in damages, claimed the two groups had sought “to free-ride on The Times’s massive investment in its journalism by using it to build substitutive...
March 5, 2024
Letter
Letter: New Jersey deserves a better political system
...This beautiful part of New Jersey and its residents deserve better. Dini Ajmani Hoboken, NJ, US...
October 10, 2023
Reddit Inc
Reddit shares soar 48% in New York IPO
...The stock closed at $50.44 after trading began on Thursday at the New York Stock Exchange under the ticker RDDT, up 48 per cent from its IPO price of $34 a share....
March 21, 2024
Robert Menendez
Robert Menendez charges rattle New Jersey’s infamous Hudson County
...Boulevard in Union City, New Jersey....
October 8, 2023
Adidas AG
German national football team ends 77 years of sponsorship with Adidas
...A former professional football player, Gulden has vowed to seize on Adidas’ rich historic heritage to lead the group out of its deepest financial crisis in three decades....
March 21, 2024
News in-depthWind power
Jersey Shore mobilises against offshore wind power
...They are nowhere more active than in New Jersey, whose own goal of 11GW by 2040 is the most ambitious of any eastern state....
September 28, 2023
ReviewAlbums
Bleachers review — Jack Antonoff’s band blend New York indie-rock with Bruce Springsteen
...Bleachers positions him as “New Jersey’s finest New Yorker”....
March 6, 2024
Electric vehicles
Investors tap into demand for electric buses with new funding model
...A group of investors has launched a £100mn fund to help finance the electrification of London’s iconic red buses....
April 7, 2024
Executive Pay
UK groups need to pay executives more, says LSEG chief ahead of bumper new package
...Schwimmer’s comments echo the view of Julia Hoggett, the head of the London Stock Exchange that is part of the wider group, who last year said UK executives should be paid more to retain talent and prevent...
February 29, 2024
US presidential election 2024
Blackstone chief gave $2mn to Christie campaign after previously backing Trump
...Christie reportedly worked as a consultant for DraftKings after he supported legalising sports betting as New Jersey governor. Additional reporting by Sam Learner in New York...
January 31, 2024

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