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Adidas AG
Adidas scores a hit with first batch of unsold Yeezy shoes
...Adidas stopped selling Yeezy sneakers in October after terminating its lucrative agreement with West — now known as Ye — after the fashion designer and rapper made antisemitic remarks....
April 17, 2024
Orascom Construction Industries NV
Egypt’s richest man Nassef Sawiris considers breaking up his empire
...The German sportswear brand is recovering from its worst crisis in three decades following the termination of its highly profitable collaboration with Kanye West in 2022 after the US rapper and fashion designer...
February 14, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News in-depthSemiconductors
Taiwanese semiconductor suppliers target Europe’s next-generation factories
...Intel has committed to investing €30bn in two cutting-edge semiconductor fabs in Magdeburg, north-west of Dresden, and multinational contract chipmaker GlobalFoundries and European chip company STMicroelectronics...
October 10, 2023
News in-depthBayer AG
Bayer turns to state lobbying in battle over Roundup weedkiller
Company is pushing for legislation that would limit its legal exposure over allegedly carcinogenic product
March 4, 2024
European companies
Activist investor Jeff Ubben to join Bayer’s supervisory board
Struggling German chemicals group announces boardroom reshuffle ahead of update on potential break-up
February 29, 2024
News in-depthAdidas AG
Bjørn Gulden: the ‘chaotic’ ex-footballer revamping Adidas
...Poached from smaller rival Puma to deal with the crisis resulting from West’s antisemitic remarks, Gulden was having none of it....
March 12, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Commercial property
Hedge funds bet against German lender over US real estate exposure
...IKB Deutsche Industriebank, WestLB and Sachsen LB were hit by the blow-up of the subprime mortgage market in 2007-2008....
February 22, 2024
FT News Briefing podcast12 min listen
Cracks widen in Israel’s war cabinet
Senior minister Benny Gantz’s White House visit lays bare growing tensions within Israel’s war cabinet
March 4, 2024
Adidas AG
Adidas says China recovery will power growth
...In the same year, the brand also axed its bestselling Yeezy brand following antisemitic remarks by its business partner, US rapper and fashion designer Kanye West, and pulled out of Russia after Moscow’s...
March 13, 2024
Bayer AG
Bayer drug setback adds to new CEO’s problems
Halted trial of prospective blockbuster treatment follows latest US legal blow over weedkiller Roundup
November 23, 2023
Electric vehicles
China’s EV suppliers look to leverage superior tech to recouple with west and drive expansion
Industry says it can help lower costs and enable faster development of electric vehicles in the US and Europe
February 18, 2024
Due Diligence
The Morgan Stanley of Europe? Premium content
...Scherr, who was previously chief financial officer of Goldman, will be replaced by Gil West, a veteran of Delta Air Lines and General Motors....
March 19, 2024
Adidas AG
Kanye West did not mean antisemitic remarks, Adidas CEO claims
...Adidas cut ties with West after his series of antisemitic remarks caused a public outcry....
September 20, 2023
Container shipping
Hapag-Lloyd Maersk deal signals shake-up in global shipping alliances
...The Gemini Cooperation will cover seven significant trade routes, including Asia to the US West Coast, Asia to the US East Coast and Asia to Northern Europe....
January 17, 2024
LexRaiffeisen Bank International AG
Raiffeisen: sanctions police must give Deripaska deal forensic scrutiny Premium content
...Raiffeisen’s Russian banking operation is highly profitable partly because it is one of the few remaining financial links to the west....
December 20, 2023
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
Inside BusinessOlaf Storbeck
The Yeezy standard for accounting
...Fast forward 110 years and Kanye West has provided an illustration of why “sunlight” is still important for investors....
October 4, 2023
John Gapper
Adidas needs to rediscover its creativity after Yeezy
...West was practised at building demand with his limited-edition drops and high-priced designs such as the Yeezy Boost range....
November 10, 2023
Porsche AG
Porsche reckons with history of forgotten Jewish co-founder
...Rosenberger, born in 1900 in the south-west German town of Pforzheim, was a racing driver for what is now Mercedes-Benz when he met Ferdinand Porsche....
December 26, 2023
Adidas AG
Adidas pledges to donate €110mn to charity from Yeezy sale
...The German company terminated its highly profitable agreement with rapper West — now known as Ye — in October last year after he made antisemitic remarks....
August 3, 2023
Ivory Coast
Ex-Credit Suisse chief Tidjane Thiam takes first step in campaign to lead Ivory Coast
...his native Ivory Coast, Tidjane Thiam, who built a high-flying business career running Aviva, Prudential and Credit Suisse, will on Saturday take the first step in a campaign to become president of the west...
December 15, 2023
Chemicals
US lawyers keep up pressure on Bayer over Roundup
German group has paid out and provisioned billions of dollars but has yet to put litigation fully behind it
August 7, 2023
UBS Group AG
UBS kick-starts Credit Suisse exit from Canary Wharf
...Office vacancy in Canary Wharf remains higher than in other London districts at 14 per cent, compared with 11 per cent in the City and 6 per cent in the west end, according to CoStar data....
September 12, 2023
Niger
West African leaders put military forces on ‘standby’ over Niger coup
...A former rebel leader Rhissa Ag Boula on Wednesday announced the formation of an organisation opposed to the coup and dedicated to reinstating Bazoum, the first sign of internal dissent against the coup...
August 10, 2023
Due Diligence
Meet Europe’s most powerful banker Premium content
...Global Markets business (Reuters) StanChart offers 20-week equal paid parental leave (Financial News London) Bankman-Fried may call expert witnesses at up to $1,200 an hour (Bloomberg) Goldman/CIC: east-west...
August 31, 2023
Adidas AG
Adidas makes tracks in its post-Kanye recovery
...The group has been dealing with fallout from its decision to end a highly profitable collaboration with controversial US rapper and fashion designer Kanye West a year ago, following a number of antisemitic...
October 18, 2023

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