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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...It has also rolled out AI tools to its 33,000 employees, helping them manage company data, write text, summarise information and produce slides....
April 23, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...“Like consumer and business audiences, authentic credibility has overtaken hard sales when it comes to increasing trust and business growth,” he added....
April 23, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
News in-depthApple Inc
Apple targets Google staff to build AI team
...Their papers have focused on ever more advanced AI models that incorporate text and visual inputs to produce responses to queries....
April 30, 2024
Chinese economy
Fitch cuts China credit outlook to negative on ‘uncertain economic prospects’
...It has also sought to curb the spending of indebted local governments traditionally reliant on land sales for revenues....
April 10, 2024
Transcript
Transcript: A glow-up for China’s state-owned enterprises
...There’s huge demand for them, and they take a long time to produce....
April 17, 2024
Electric vehicles
US gives carmakers more time to meet aggressive emissions targets
...A summary of Wednesday’s final rule laid out “technology neutral” scenarios in which manufacturers can produce a diverse range of “clean” cars, including cleaner petrol cars, hybrid electric vehicles, plug-in...
March 20, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
News in-depthNIO, Inc
Inside Nio: Electric car group’s boss William Li and his fight for survival
...“William is crazy,” joked one employee. “His fans are too.”...
December 29, 2023
UK infrastructure
Teesworks authority loses access rights case against Brookfield-owned port
...Brookfield put PDT up for sale in 2021 but later withdrew the business from the market. Brookfield declined to comment on the court ruling....
February 5, 2024
On Wall StreetWilliam Cohan
Bitcoin ETFs miss the point
...been a way for investors to play the bitcoin rollercoaster for years: by buying, or selling, the stock of enterprise software company MicroStrategy which has hitched its fortunes to bitcoin, rendering its sales...
January 6, 2024
Tesla Inc
Tesla shareholders to vote on moving incorporation to Texas, says Musk
...The ruling comes at a difficult juncture for Tesla, which last month warned that sales growth would slow as consumers cut back and competition, particularly from China’s BYD, intensifies....
February 1, 2024
Berkshire Hathaway Inc
Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...The amount to be paid by firms that also include Anywhere Real Estate, Re/Max, Keller Williams and Compass to a class of 50mn home sellers now totals $943.3mn under the settlements....
April 26, 2024
News in-depthEnvironment8 min
Water rights are at the heart of protecting the Colorado River | FT Climate Capital
...This is salvation... run-off from a drought-busting winter downpour that came just in the nick of time for farms and cities across much of the western United States. We realise we are on the brink....
December 12, 2023
Tees Valley Combined Authority
Profits triple at Teesworks project after transfer to private developers
...The accounts show a large increase in turnover from £54mn to £142.9mn, driven by £93mn in “lease premium and land option income”, as well as £49.5mn from scrap sales....
January 8, 2024
#techAsia
The new chip race and iPads in Vietnam Premium content
...Only TSMC, Intel and Samsung remain at the forefront of the chip race, with each aiming to produce 2-nanometer chips by 2025....
December 14, 2023
Covid-19 vaccines
Moderna puts plans for African vaccine plant on hold
...Senior officials from the US and the east African country, including President William Ruto, joined efforts to get the deal over the line....
April 11, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Japanese business & finance
Fine porcelain maker Maruwa becomes the hottest bet for cooling AI data centres
...in AI server farms and in the critically important inverter power modules of electric vehicles....
April 12, 2024
On Wall StreetWilliam Cohan
The deals that show how lucrative private equity can be
...So-called system sales from all the outlets that used the brand were $15bn. Since then, 3G Capital has worked some kind of magic....
December 16, 2023
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...Huen currently has a sold-out show at Matt Carey-Williams in London (until May 25)....
April 18, 2024
The FT ViewThe editorial board
The electric vehicle revolution is running out of steam
...Mandating that carmakers produce more EVs does not guarantee that buyers want them....
April 10, 2024
FT SeriesHouse & Home Countryside Living Special
Slow living and fast broadband help sell homes in rural Mallorca
...She now sells the produce from her farm, Son Braho, at a shop and deli in Palma. Not all of Mallorca’s growing cohort of remote workers want to live up a bumpy access road and keep bees....
April 4, 2024
HTSI15 travel destinations to book now
Finding the sweet spot in Crete
...She cites the American post-minimalist artist Cris Gianakos and the singer Evangelia and her partner Jay Stolar, who produce music influenced by the Cretan song traditions....
October 20, 2023
Renewable energy
GIP and CPP near $5bn deal for utility group Allete
...The utility also owns a large renewable energy operation that is expected to produce more than 1.5 gigawatts of wind energy....
May 3, 2024
News in-depthAutomobiles
Zombie car factories on the rise in China as buyers opt for EVs
...It has started converting some factory lines in China to produce EVs....
March 14, 2024
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...Last year, Shockwave completed a $147mn acquisition of Neovasc, which produces a device to treat refractory angina, another type of heart defect....
April 5, 2024
Boeing Co
Boeing’s Alaska Airlines blowout puts focus on Spirit AeroSystems
...It produces the fuselage for the Max and fuselage and wing components for the wide-body 787 used for long-haul flights....
January 8, 2024

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