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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
April 23, 2024
PwC
PwC to reverse controversial US tax split
...Griggs said that having tax under one umbrella reflected how clients bought services from PwC....
April 18, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Wellness is another growth area on social media that has attracted influencers who offer advice without any medical experience and are seeking to sell products or services....
April 23, 2024
LexESG investing
Asset managers’ green U-turn exposes energy transition cakeism Premium content
The narrative of a perfect correlation between doing good and doing well has broken down
February 25, 2024
Exchange traded funds
BlackRock rolls out its first active equity ETFs in Europe
...The Ireland-domiciled iShares World Equity High Income and iShares U.S....
March 28, 2024
Financial services
How’s the PE Winter looking?
Yes, you probably have to care about this one
April 25, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Investments
Behold, the Basquiat bond
...artwork backing the loans is also held in storage facilities managed by Sotheby’s or approved third-parties: Sotheby’s only allows borrowers to hang their artwork in private residences located in “the U.S...
April 12, 2024
Jo Ellison
What the charmless Ripley could teach Bond
...Will a reboot be a chance to U-turn on this slow domestication? Will he exchange his sexual appetites for something new?...
April 13, 2024
Apple Inc
EU probes Apple over App Store shutdown of Epic Games
...Last week, the iPhone-maker also made an abrupt U-turn on its decision to remove web-based apps in the EU under pressure from the competition watchdog, which Apple initially claimed was required under the...
March 7, 2024
Investments
UK reverses thresholds for promos to angel investors after backlash
...Emma Sinclair, the chief executive of EnterpriseAlumni, which provides corporate alumni software and services, said the announcement showed that the government “listens and reacts”....
March 6, 2024
Social affairs
UK civil service boss and spy chief quit male-only Garrick Club
...But barely 24 hours later he U-turned in a fresh email in which he said he was quitting after having reflected on the matter....
March 20, 2024
Apple Inc
Apple bows to Brussels over App Store in latest EU concession
...The latest amendments to Apple’s plan to comply with the EU’s Digital Markets Act, which came into effect this month, come on the heels of two previous U-turns by the iPhone maker....
March 12, 2024
Apple Inc
‘Apple is going to war’: US lawsuit adds to iPhone maker’s antitrust woes
...Apple was recently forced to make a series of U-turns by the EU regulator over its plan to comply with a new competition law, and has already changed parts of its business model in the bloc as a result....
March 22, 2024
#techAsia
TikTok’s fate and Taiwan tech suppliers’ shift Premium content
...While there has been a lot of talk about so-called tech decoupling in recent years, I’ve witnessed first-hand how intertwined the U. and Asia tech worlds are — Silicon Valley’s interest in China and Chinese...
April 4, 2024
Skechers USA Inc
Skechers’ family troubles
...In last night from the SEC: The Securities and Exchange Commission today [Thursday] announced that Skechers U.S.A....
March 8, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Rail
England’s train operators brace for further budget cuts
...Train operators in England had been planning to generate significant savings from the mass closure of ticket offices, but the government ordered a U-turn in October following a public backlash....
December 28, 2023
UK local government finance
Scotland council tax U-turn prompts backlash from local authority leaders
...The U-turn “completely undermines the powers of local government, which are very few and far in between”, Cammy Day, Edinburgh council leader, told the Financial Times....
November 3, 2023
FT Alphaville
Even multibillionaires are tempted by the thrill of insider trading
...Without admitting or denying the allegations in the SEC’s complaint, which was filed in the U.S....
March 27, 2024
Banks
Mike Mayo ❤️ Citi
...Exits in targeted non-U.S. markets are mostly done (9 of 14) and with line-of-sight on the rest....
January 2, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
Potential sale comes after Apollo’s $26bn offer was rebuffed
April 3, 2024
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
March 27, 2024
Berkshire Hathaway Inc
Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...Starting in July, listing services will no longer disclose commissions under the terms of the NAR settlement, making it easier for buyers and sellers to hire agents for reduced services and fees, or forgo...
April 26, 2024
Electric vehicles
China’s EV suppliers look to leverage superior tech to recouple with west and drive expansion
...Li, of U-Power, is among Chinese EV executives who want their companies to be seen as “global”....
February 18, 2024
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
Sellers will be able to charge different prices to consumers based on the card they use
March 26, 2024
Inside BusinessRichard Waters
Meta’s gamble on chatbots opens new wave of tech competition
...An attempt to ban the service in 2020 failed in court, and a legal challenge is expected on free-speech grounds....
April 25, 2024

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