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Media
Publishers call for support to boost UK’s £11bn book industry
...Genres from fantasy novels — such as those written by Sarah J Maas and Samantha Shannon — to “cosy crime” that spans authors from Agatha Christie to Richard Osman, have underpinned booming sales....
March 11, 2024
Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...A confirmed Tesla investment would be a major boost for Prime Minister Narendra Modi’s government ahead of a general election that begins this month in which its record on business and job creation will...
April 3, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Bridgepoint Capital Ltd
Bridgepoint considers sale of Swedish drinks maker Vitamin Well
...Any sale would be a boost to Bridgepoint, whose performance-related earnings slumped to £55.3mn in 2023, down from £64.9mn in 2022 and £71mn in 2021....
April 22, 2024
Revolut Ltd
Revolut plans advertising sales push as it waits for banking licence
...Securing a licence is crucial to Revolut’s ambitions to roll out lending on a wider scale in its home market and boost its profitability....
April 23, 2024
News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
SUVs and hybrids boost Ford car sales by 11% in February
...Sales of SUVs rose 24 per cent to nearly 69,000 vehicles sold. Truck sales increased just over 1 per cent, and car sales fell 17 per cent. Electric vehicle sales rose 80 per cent....
March 4, 2024
Live news: US FTC bans non-compete agreements
US new home sales jump to 6-month high
...Sales of new single-family homes in March unexpectedly increased to the highest level since September, as the lack of housing inventory in the US continues to boost demand for new builds despite high mortgage...
April 23, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Live news: Thames Water pushes up spending promise by £1.1bn
Asda drives up sales amid cost-of-living squeeze
...Asda, the UK’s third-largest supermarket, posted an increase in sales and profits last year driven by a boost in sales during the cost-of-living squeeze as the chain beefed up its budget range....
April 22, 2024
Exchange traded funds
US asset managers plan to boost ETF sales teams
...“Our ETF sales force is really part of our existing retail and intermediary sales force,” he said....
March 20, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
Foodmaker Conagra boosts margin guidance despite higher advertising spend
...In its fiscal third quarter, Conagra’s net sales dropped 1.7 per cent from a year ago to $3bn, beating Wall Street forecasts....
April 4, 2024
News updates from January 23: Turkey votes for Sweden’s Nato bid, Netflix adds 13mn new subscribers
Lockheed Martin forecasts sales boost on strong global weapons demand
...US aerospace and defence group Lockheed Martin has forecast a larger than expected increase in annual sales in 2024 thanks to strong global demand for weapons.The company said it expected net sales of between...
January 23, 2024
News updates from February 6: US court denies Trump presidential immunity, Boeing jet in Alaska Airlines blowout was missing bolts
Eli Lilly says diabetes and obesity drugs will boost sales by 20% this year
...Demand for a new class of diabetes and obesity drugs will boost US drugmaker Eli Lilly’s sales by 20 per cent in 2024, pushing its revenues above $40bn, the company said on Tuesday....
February 6, 2024
News updates from January 31: Federal Reserve holds interest rates, EU commits €21bn in Ukraine military aid
Novartis boosts sales by 10% as heart and arthritis medicines help beat guidance
...Sales were driven by heart failure medicine Entresto and arthritis treatment Cosentyx, which accounted for $6bn and $5bn of total revenue respectively....
January 31, 2024
News in-depthChinese economy
China warns west of ‘survival of the fittest’ as manufacturing boosts economy
...In March, retail sales also softened compared with January and February....
April 17, 2024
Associated British Foods PLC
Primark owner’s profits soar as investments provide boost
...Sales at Primark, the FTSE 100’s jewel in the crown, rose 6 per cent to £4.5bn, while adjusted operating profit jumped 45 per cent to £508mn, in spite of continued “cost of living pressures”....
April 23, 2024
News updates from February 20: Walmart flags sales slowdown; China cuts mortgage lending rate
Carrefour boosts dividend after profits grow 23% in 2023
...Sales in its core French market rose 19 per cent for the year, contributing to full-year sales of €94.13bn — up 10.4 per cent....
February 20, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
News updates from March 12: US inflation rises to 3.2%; White House warns Israel against ‘smashing into Rafah’
Fortnite and Harry Potter ranges boost Lego in tough toy market
...Lego posted its slowest sales growth since 2017 but still outpaced the worst toy market in more than a decade as the Danish maker of plastic bricks reaped the rewards of tie-ups with Fortnite and Harry Potter...
March 12, 2024
Government of Scotland
Scotland introduces land reform bill to boost community ownership
...Previous land reforms have sought to boost transparency in land ownership by forming an owners’ registry, as well as establishing the “right to roam” and community rights to purchase land from existing owners...
March 14, 2024
News updates from February 2: US adds 353,000 jobs in January, US hits Iraq and Syria after drone deaths
Apple ends run of revenue declines with services boost
...Apple’s revenue returned to growth during the Christmas holiday period, beating analysts’ expectations with a boost from its services division and solid iPhone sales....
February 1, 2024
News updates from February 1: Meta announces first ever dividend, Bank of England holds interest rates
Apple snaps run of revenue declines with services boost
...Apple’s revenue returned to growth during the holiday period, beating analysts’ expectations with a boost from its services division and solid iPhone sales....
February 1, 2024
UK economy
Rise in civil engineering activity boosts UK construction sector
...Respondents reported the strongest increase in new orders since May last year, citing “a turnaround in sales pipelines and greater new business inquiries linked to the improving economic outlook and more...
April 5, 2024
Hipgnosis Songs Fund
Hipgnosis agrees $1.4bn sale to Concord Chorus
...music executive Merck Mercuriadis in 2018 to turn music rights into a mainstream asset class, using the rising royalties from streaming, radio play and performances to provide income for investors and boost...
April 18, 2024
Electric vehicles
VW cuts price of EV and combustion engine cars to boost deliveries to China
...Mercedes said supply chain bottlenecks in Asia limited sales particularly of its new E-class vehicles....
April 10, 2024
FirstFT
FirstFT: US banks set for profits boost
...More banking news: HSBC has agreed to book a $1bn hit to its pre-tax earnings following the sale of its business in Argentina to local lender Grupo Financiero Galicia....
April 9, 2024
Due Diligence
Oops, Princeton bet on private equity Premium content
...(The bank says that the increase is mainly due to bulking up its IT department ahead of a potential sale.)...
April 17, 2024
Greggs PLC
Greggs forecasts sales to double by 2026
...Total sales for the full year rose 19.6 per cent to £1.8bn, while like-for-like sales in company-managed stores increased by 13.7 per cent compared with 2022....
March 5, 2024

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