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News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...He has sent letters of complaint to the Internal Revenue Service, the Department of Labor and the Securities and Exchange Commission about ByteDance’s handling of share awards....
April 9, 2024
Artificial intelligence
OpenAI and Meta ready new AI models capable of ‘reasoning’
...LeCun said it was working on AI “agents” that could, for instance, plan and book each step of a journey, from someone’s office in Paris to another in New York, including getting to the airport....
April 9, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
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
Letter
Letter: Collapsing Sumerians or standing-firm Pharaohs
...The question for us is will we be fragile and collapse like the Sumerian civilisation or more resilient like the Ancient Egyptians who recovered in the New Kingdom? Too soon to tell....
April 12, 2024
Letter
Letter: One ‘unknown unknown’ banks should know about
...Far from being one of the “unknown unknowns” that Buch, as the eurozone’s new chief banking supervisor, wants banks to prepare for, increasing interest rates are a natural consequence of quantitative easing...
March 20, 2024
News updates from April 12: ECB keeps interest rates on hold; OJ Simpson dies aged 76
Jane Street accuses Millennium Management and two ex-employees of stealing trade secrets
...Jane Street said in the complaint, parts of which were redacted, that its profits from the secret strategy plummeted by 50 per cent within weeks of Schadewald joining Millennium, and that a “new entity ....
April 12, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
ReviewVisual Arts
Toshiko Takaezu, Noguchi Museum review — sculptures of rich absences and colourful presences
...Much later, when she lived in Clifton, New Jersey, and taught at Princeton, she arranged a studio that flowed into the garden, with inside and out separated by a sliding-glass door....
April 3, 2024
Chinese society
China’s ageing tech workers hit by ‘curse of 35’
...A survey by recruitment platform Lagou Zhaopin last year found that 87 per cent of programmers were “seriously worried” about being fired or being unable to find a new job after turning 35....
April 23, 2024
Property sector
Selling Mayfair: the elite agents bringing Dubai hustle to London’s prime properties
...Fees of 1 per cent are not unknown, and agencies may then have to give a cut of their fee to another agent to introduce a buyer....
March 21, 2024
Workplace diversity & equality
Help us compile our ranking of Europe’s Diversity Leaders
...Results will be based on the perceptions of their employees and peers who take part in this online survey, plus independent data sources....
April 24, 2024
Letter
Letter: Blame real estate owners for the woes of department stores
...Many of the more newsworthy collapses, however, have been brought about by new investors leveraging the real estate of department stores....
February 19, 2024
Climate change
World in ‘unknown territory’ after heat records, says head of UN’s climate body
...Record temperatures over the past year have thrust the world into “unknown territory”, the head of the UN’s climate science body said, after the critical benchmark of 1.5C above pre-industrial levels was...
March 13, 2024
Millennium Management LLC
Jane Street accuses Millennium Management and two ex-employees of stealing trade secrets
...Jane Street said in the complaint, parts of which were redacted, that its profits from the secret strategy plummeted by 50 per cent within weeks of Schadewald joining Millennium, and that a “new entity ....
April 12, 2024
LexProperty sector
US broker shake-up leaves real estate stocks in the cold Premium content
...There is a good reason why so many Americans — 1.6mn according to one estimate — work as real estate brokers or agents. The barriers to entry are low. No college degrees are required....
April 1, 2024
Taylor Swift
Taylor Swift’s new album sells 1.6mn copies in US in single day
...About 1.4mn of that tally came from traditional format sales — such as vinyl, CDs and cassettes — an unusual feat in a country where streaming is the dominant form of music listening....
April 21, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Cyber warfare
US and UK accuse China of cyber attacks on politicians and companies
...New Zealand’s government also revealed it had been the subject of what it called a Chinese state-sponsored attack of its parliament in 2021....
March 26, 2024
Property sector
Jeremy Hunt draws up plans for 99% mortgage scheme
...“The Prudential Regulation Authority could have concerns about banks’ exposure to 99 per cent loan-to-value mortgages, even if partially underwritten by government, and could look for additional capital...
February 22, 2024
UK house prices
UK estate agents report third consecutive monthly rise in demand
...Jeremy Leaf of Jeremy Leaf & Co, an independent lettings and estate agent in London, suggested the downward pressure on prices was owing to the lag between increasing supply and new inquiries....
April 10, 2024
Letter
Letter: Why debt limits don’t work
...However, this is to underestimate the impact of the new transparency, governance and other behavioural constraints now imposed on governments by pension funds and other asset managers as a condition for...
April 19, 2024
Football
Fifa halts new regulations for football agents
...Fifa’s rationale for the new rules was to raise standards in the industry and reduce the amount of money spent by clubs and players on agents....
December 30, 2023
Inside BusinessSam Jones
The decline of the luxury department store
...And on the rich, rich street — with apologies to the books of Janet and Allan Ahlberg — there were two rich, rich department stores. Or at least, there were. Soon, there will be just one....
February 2, 2024
Food & Drink
Jersey Royal potato salad with kimchi and lime butter — a Ravinder Bhogal recipe
...As their name suggests, they’re grown in Jersey and, like revered parmesan or stilton, they have protected status....
March 27, 2024
Correction
Correction: Labour and Conservative candidates
...Labels showing the number of Labour and Conservative candidates running in the UK’s local elections were transposed in a chart on April 19. There are 2,512 Tory candidates and 2,427 Labour...
April 22, 2024
Correction
Correction: Asahi
...Japanese brewer Asahi plans to increase the share of beverages with 3.5 per cent alcohol or less from about 10 per cent last year to 20 per cent of its product mix by 2030, not 30 per cent as wrongly...
April 16, 2024
News updates from March 12: US inflation rises to 3.2%; White House warns Israel against ‘smashing into Rafah’
Navalny aide attacked with hammer by unknown assailant — spokesperson
...The man attacked Leonid Volkov, Navalny’s chief of staff, outside his home in Lithuania, sprayed tear gas in his face, and beat his arms and legs with a hammer, according to Kira Yarmysh, spokeswoman for...
March 12, 2024

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