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.... . Apple boss Tim Cook told the Financial Times: "I spoke with President Trump on Tuesday and tried to persuade him to keep the US in the agreement. ... [Read full article on BBC ]
Thursday 1st of June 2017 10:26:59 PM
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.... When will we get inventions to control the outdoor weather, too?. Tim Harford writes the Financial Times's Undercover Economist column. ... [Read full article on BBC ]
Sunday 4th of June 2017 11:01:37 PM
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....Board member Ursula Burns, former CEO of Xerox, signed the Obama administration’s climate pledge, and fellow board member Kenneth Frazier chairs Merck, a pharmaceutical company that supports “national and international action to address the challenges presented by climate change”, said Mason. He pointed out that another board member, Susan Avery, former president of the Woods Hole Oceanographic Institution, had told the Financial Times: “Clearly climate science is telling us get off fossil fuels as much as possible. ... [Read full article on Guardian ]
Wednesday 31st of May 2017 05:28:57 PM
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....Wealthy individuals in Qatar are believed to have made donations and the government has given money and weapons to hardline Islamist groups in Syria - Qatar says this is not the case. The Financial Times also reports that Gulf allies were angry that Qatar paid a $1bn (£773m) ransom to jihadists and Iranian security officials after Qatari nationals were kidnapped in Iraq and Syria. ... [Read full article on BBC ]
Tuesday 6th of June 2017 04:03:56 AM
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Friday 2nd of June 2017 10:02:41 AM
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.... A spokesman for Google was not immediately able to comment. The Financial Times said the commission was looking at topping the penalty of €1bn handed out to chipmaker Intel in 2009, over its anticompetitive behaviour. ... [Read full article on Guardian ]
Friday 16th of June 2017 10:14:33 AM
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.... He said before Trump’s first foreign tour that the US was “open” to resuming negotiations with Brussels. “Clearly at some point we need to do something with Europe,” Ross said in an interview with the Financial Times. ... [Read full article on Guardian ]
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Latest Finance News related to Financial Times

Google 'faces €1bn-plus fine' from EU over market dominance image
Source : Guardian [Read Article] Friday 16th of June 2017 10:14:33 AM
.... A spokesman for Google was not immediately able to comment. The Financial Times said the commission was looking at topping the penalty of €1bn handed out to chipmaker Intel in 2009, over its anticompetitive behaviour. ...
Qatar row: Calls for diplomatic talks to end Gulf crisis image
Source : BBC [Read Article] Tuesday 6th of June 2017 04:03:56 AM
....Wealthy individuals in Qatar are believed to have made donations and the government has given money and weapons to hardline Islamist groups in Syria - Qatar says this is not the case. The Financial Times also reports that Gulf allies were angry that Qatar paid a $1bn (£773m) ransom to jihadists and Iranian security officials after Qatari nationals were kidnapped in Iraq and Syria. ...
Hopes of EU-US trade agreement put on ice, say Brussels sources image
Source : Guardian [Read Article] Monday 5th of June 2017 10:46:08 PM
.... He said before Trump’s first foreign tour that the US was “open” to resuming negotiations with Brussels. “Clearly at some point we need to do something with Europe,” Ross said in an interview with the Financial Times. ...
Cold revolution  image
Source : BBC [Read Article] Sunday 4th of June 2017 11:01:37 PM
.... When will we get inventions to control the outdoor weather, too?. Tim Harford writes the Financial Times's Undercover Economist column. ...
Paris climate deal: US firms criticise Trump move image
Source : BBC [Read Article] Thursday 1st of June 2017 10:26:59 PM
.... . Apple boss Tim Cook told the Financial Times: "I spoke with President Trump on Tuesday and tried to persuade him to keep the US in the agreement. ...
Shareholders force ExxonMobil to come clean on cost of climate change image
Source : Guardian [Read Article] Wednesday 31st of May 2017 05:28:57 PM
....Board member Ursula Burns, former CEO of Xerox, signed the Obama administration’s climate pledge, and fellow board member Kenneth Frazier chairs Merck, a pharmaceutical company that supports “national and international action to address the challenges presented by climate change”, said Mason. He pointed out that another board member, Susan Avery, former president of the Woods Hole Oceanographic Institution, had told the Financial Times: “Clearly climate science is telling us get off fossil fuels as much as possible. ...
Going up? image
Source : BBC [Read Article] Sunday 28th of May 2017 11:11:21 PM
....It's a green mode of transport that moves billions of people every year - and yet is so overlooked that it can hide in plain sight. Tim Harford writes the Financial Times's Undercover Economist column. ...
Ford faces lots of bumps in the road to a world of driverless cars image
Source : Guardian [Read Article] Sunday 28th of May 2017 06:00:02 AM
.... And it would be difficult to dismiss as simple luddites those drivers who just see another form of employment poised to disappear. Hackett was described by the Financial Times as Ford’s new “philosopher-in-chief”, in an industry that is having to reimagine its product and future consumers in radical ways. ...
Reproductive rebels image
Source : BBC [Read Article] Sunday 21st of May 2017 11:17:43 PM
.... . Tim Harford writes the Financial Times's Undercover Economist column. ...
Church of England fund sees 'stellar' returns image
Source : BBC [Read Article] Sunday 21st of May 2017 06:34:39 PM
....6% a year for the past 30 years on average. This puts it ahead of the top-rated Yale University endowment fund, according to the Financial Times. ...
Church of England made stunning 17% return on investments in 2016 image
Source : Guardian [Read Article] Sunday 21st of May 2017 01:08:44 PM
....com. The church’s fund’s outperformance over the past decade has slightly outpaced even the Yale Endowment fund, which is rated by the Financial Times (paywall) as the most admired in the sector. ...
Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke image
....But with Kroenke showing no interest, the bid has in effect been rejected, though Usmanov is yet to receive written confirmation. The Financial Times reported Usmanov made the offer last month, and that Kroenke has yet to formally respond. ...
Alisher Usmanov fails with £1bn bid to buy out Stan Kroenke at Arsenal image
....”. Usmanov, whose bid was first reported by the Financial Times and has been confirmed by the Guardian, has made it clear in his various public statements he wants what is best for the team and is willing to bankroll Wenger – or whoever is the manager – to the tune of mega-millions to return them to the top of the table. ...
Will Theresa May defend workers' rights? Don't hold your breath | Nils Pratley image
. The suspicion that Theresa May’s commitment to strengthen the rights of workers is less than it seems is encapsulated in this passage from her piece for the Financial Times: “I will ensure that there is representation for workers on company boards and that every employee has a statutory right to receive information about key decisions affecting their company’s future. ...
JP Morgan appears to make good on Brexit threat with new Dublin office image
....”. The announcement coincided with a report in the Financial Times revealing that JP Morgan intends to hire more staff in Dublin for its custody operations, which look after the investments of major investors, hedge funds and big companies. ...
TV dinners image
Source : BBC [Read Article] Sunday 14th of May 2017 11:37:27 PM
.... . Tim Harford writes the Financial Times's Undercover Economist column. ...
Pension warning: Savers lose RECORD amounts to scams as fraudsters rinse pots image
....Since the introduction of so-called pension freedoms in April 2015, which allows over-55s to access savings, more people have been targeted by scammers. Overall £13million in losses were reported over the year to March 2016, showed the police figures reported by the Financial Times. ...
Foxtons' tweets win few fans – now the slowdown gives it little to sing about | Simon Goodley image
....Apparently we have all made around £500m out of owning a stake in the bank – which sounds quite good, although that might be misleading. Last week the Financial Times worked out that if we had we stuck our £20. ...
Barclays boss Jes Staley fooled into email exchange with prankster image
Source : Guardian [Read Article] Thursday 11th of May 2017 07:05:50 PM
....Barclays declined to comment or give any clues to the reaction of Staley or McFarlane to the release of the email exchange. The prankster told the Financial Times he was in a battle with the bank over a customer issue and that he wanted to see “how Jes was relaxing after his AGM”. ...
Kelvin Mackenzie to leave The Sun after Ross Barkley column image
Source : BBC [Read Article] Tuesday 9th of May 2017 06:06:04 AM
.... . According to the Financial Times, the terms of Mr Mackenzie's exit are being negotiated. ...
Warren Buffett: cutting jobs is standard capitalist formula image
Source : Guardian [Read Article] Monday 8th of May 2017 03:52:00 PM
....His remarks on 3G coincided with a pledge by the Brazilian group to avoid making hostile bids on target companies. “We don’t need to go anywhere that we are not welcome by shareholders in order to do a deal,” Alex Behring, 3G’s co-founder, told the Financial Times. ...
Superstar economics image
Source : BBC [Read Article] Sunday 7th of May 2017 11:30:01 PM
Pearson: two-thirds of shareholders reject pay package image
Source : BBC [Read Article] Friday 5th of May 2017 04:38:28 PM
....6bn pre-tax loss after writing down its US assets. Pearson, the former owner of the Financial Times, said Mr Fallon's basic salary was frozen and would remain so in 2017. ...
Pearson shareholders reject chief executive's £1.5m pay package image
Source : Guardian [Read Article] Friday 5th of May 2017 01:32:23 PM
....An investor criticised the move as “selling the family silverware” to prop up the rest of Pearson’s business. Taurel said the sell-off of Pearson’s consumer publishing assets – including the Financial Times and its stake in the Economist – was a “strategic decision and not taken lightly”. ...
Avocado prices at record high due to reduced harvests image
Source : BBC [Read Article] Monday 1st of May 2017 07:51:12 AM
....The US is the world's largest consumer and importer of avocados, but the "butter fruit" is also rapidly gaining fans in China. Avocado exports from Latin America to China are growing by about 250% a year, according to the Financial Times. ...
21st Century Fox 'in talks' to buy television station group Tribune Media image
.... Fox could not immediately be reached for comment. The Financial Times first reported the negotiations. ...
Apple’s addiction to iPhone shows no sign of waning image
Source : Guardian [Read Article] Sunday 30th of April 2017 06:00:21 AM
.... Trump plans to give incentives to companies who repatriate their large overseas cash holdings, although no details were given at last week’s tax announcement. Pearson has come a long way since it began selling off its crown jewels, including Madame Tussauds, investment bank Lazard and more recently the Financial Times and the Economist, with its stake in book publisher Penguin Random House the next on the block. ...
Hard times for Whole Foods: 'People say it's for pretentious people. I can see why' image
....An acquisition would underscore the consolidation of the US food retail industry as the sector prepares to compete against online retailers including Amazon, stores like Walmart and discount chains such as Aldi. Earlier this week, the Financial Times reported that Cerberus Capital Management, the New York private equity firm that owns Albertsons and Safeway, had initiated talks with bankers about making a bid. ...
Pret a Manger tries to woo British workers as Brexit looms image
Source : Guardian [Read Article] Thursday 27th of April 2017 07:01:44 PM
....In recent months a number of UK employers have voiced concerns about their ability to fill jobs in shops, factories and hospitals if EU migrants decide to return home. Schlee told the Financial Times that Pret had not yet seen a decline in the number of EU workers seeking jobs but it was making a concerted effort to tap “more UK-oriented labour pools”. ...
Pensions triple lock: what you need to know image
Source : Guardian [Read Article] Thursday 27th of April 2017 01:39:07 PM
.... Ministers were considering his proposals for raising the state pension age to 69 between 2037 and 2039 (compared with 2048 under current plans) and to 70 by as early as 2057, affecting anyone born after 1987. Mark Pearson, deputy director of employment, labour and social affairs with the OECD, the Paris-based thinktank, told the Financial Times the UK should means test the basic state pension, which remains a universal benefit. ...
UK should axe state pension for rich people, says OECD image
Source : Guardian [Read Article] Thursday 27th of April 2017 07:15:15 AM
....Under the current system, anyone who has paid national insurance for 30 years is eligible for the state pension, regardless of wealth. In comments reported by the Financial Times, Mark Pearson, deputy director of employment, labour and social affairs with the OECD, said that like other countries, the UK faced the rising costs of an ageing population, with more pensioners and fewer people of working age. ...
Wikipedia's Jimmy Wales creates news service Wikitribune image
Source : BBC [Read Article] Monday 24th of April 2017 11:50:10 PM
.... Wales cited New York Times subscriptions and Guardian membership. He might also have mentioned the Financial Times. ...
Geeks v government  image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:03:23 PM
....But 40 years after Diffie and Hellman laid the groundwork for internet security, academic cryptographers are now racing to maintain it. Tim Harford writes the Financial Times's Undercover Economist column. ...
EU toughens Brexit stance and demands UK pay liabilities in euros image
Source : Guardian [Read Article] Thursday 20th of April 2017 02:37:31 PM
.... The 27 will meet to discuss th e so-called guidelines at an extraordinary summit in Brussels on 29 April. According to the Financial Times, the guidelines have been tightened to offer the UK even less hope of a good deal. ...
Facing the future image
Source : BBC [Read Article] Sunday 16th of April 2017 11:29:50 PM
Zero-hours contracts: firms could be forced to pay more for short notice image
....Matthew Taylor was appointed by Theresa May last October to review employment practices in the light of concerns about the precarious nature of work, particularly in the gig economy. In an interview with the Financial Times (£), Taylor said he was considering a plan to stop employers making workers bear the burden of the risk that they may not be needed. ...
Trade agenda image
Source : BBC [Read Article] Thursday 13th of April 2017 11:17:15 PM
...." . His trade adviser Peter Navarro told the Financial Times that Germany uses a grossly undervalued euro to exploit its trade partners, essentially arguing that the exchange rate gives Germany a competitive advantage that's unfair. ...
Cut price image
Source : BBC [Read Article] Sunday 9th of April 2017 11:18:58 PM
Imagination Technologies' shares plunge after Apple ends contract image
.... ARM was sold last year to Japan's Softbank, a deal criticised as selling out of the UK's winners. The Financial Times reported last year that Apple, which owns 8% of the UK company, had held talks about buying Imagination. ...
Tick tock image
Source : BBC [Read Article] Sunday 2nd of April 2017 11:07:44 PM
.... . Tim Harford writes the Financial Times's Undercover Economist column. ...
Leading City firms begin to lay groundwork for London jobs exodus image
Source : Guardian [Read Article] Thursday 30th of March 2017 01:06:02 PM
....”. The Lloyd’s chairman, John Nelson, told the Financial Times he now expected other insurers to follow the market to the Belgian capital. ...
Insurer Lloyd's of London 'to open Brussels office', say reports image
Source : BBC [Read Article] Wednesday 29th of March 2017 05:24:23 PM
....The insurer was due to ratify the decision on Wednesday, according to The Insurance Insider, which first reported it. Brussels had been chosen over the other shortlisted locations, including Luxembourg, thanks to the presence of EU politicians and regulators, according to the Financial Times. ...
Two Tesco shareholders oppose £3.7bn takeover of wholesaler Booker image
Source : Guardian [Read Article] Monday 27th of March 2017 06:04:28 PM
....The letter is signed by Nick Kirrage, a Schroders fund manager, and Jessica Ground, the global head of stewardship at the firm. It was first reported by the Financial Times. ...
Just Google it image
Source : BBC [Read Article] Sunday 26th of March 2017 11:09:18 PM
.... That suggests the company may continue to shape our access to knowledge for generations to come. Tim Harford writes the Financial Times's Undercover Economist column. ...
Pearson boss sees pay boost despite firm's struggles image
Source : BBC [Read Article] Friday 24th of March 2017 04:28:38 PM
....At the start of 2016, Pearson announced 4,000 job cuts and also lowered its profit forecast. Pearson, the former owner of the Financial Times, said Mr Fallon's basic salary was frozen and would remain so in 2017. ...
Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
....Unlike Laidlaw, Conn is comfortable talking to the media and has been robust in arguing against calls for a price cap in the face of rising energy bills. “A cap would almost certainly remove choice from the market,” he told the Financial Times. ...
UK-based airlines told to move to Europe after Brexit or lose major routes image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 09:33:08 AM
....It is currently 84%-owned by EU nationals, but this will drop to 49% after Brexit, provided the shares of founder Stelios Haji-Ioannou – who has dual UK and Cypriot nationality – are classed as EU-owned. The Financial Times has reported that Haji-Ioannou’s shares are now classed as UK-owned to meet the airline’s own restrictions on ownership. ...
UK government should help companies targeted by foreign bids, says Unilever image
.... At present directors claim it is their fiduciary duty to focus on the interests of shareholders when they receive a takeover bid. Polman told the Financial Times: “We’re not talking about protection. ...
Charlotte Hogg’s exit raises tough questions for Bank of England | Nils Pratley image
.... Habgood is now on the spot, as he should be. The takeover rules should be strengthened to help national corporate champions defend themselves, Unilever chief executive Paul Polman has told the Financial Times. ...
Unilever chief calls for tougher takeover safeguards image
Source : BBC [Read Article] Tuesday 14th of March 2017 07:14:02 PM
....Paul Polman said that companies should have more time to defend themselves in the event of an approach. He told the Financial Times that there needed to be a "level playing field". ...
Germany warns social media firms over illegal content image
Source : BBC [Read Article] Tuesday 14th of March 2017 02:20:15 PM
....German digital trade association Bitkom criticised the proposed law. It told the Financial Times that the requirement to remove material within 24 hours on sites that handle more than one billion posts per day was "utterly impossible to implement in operational terms". ...
Rags to revolution image
Source : BBC [Read Article] Monday 13th of March 2017 12:12:14 AM
.... And for jottings, lists and doodles, you still can't beat the back of the envelope. Tim Harford writes the Financial Times's Undercover Economist column. ...
Bank of England deputy governor's future hangs in balance image
Source : Guardian [Read Article] Friday 10th of March 2017 07:18:25 PM
....Few other members of the committee have spoken out publicly, but its chairman, Andrew Tyrie, said MPs would offer an opinion on whether she should go “after a period of reflection”. At least one MP has privately pledged to support her but another told the Financial Times: “It’s not looking good for her. ...
ARM chip designer stake 'to be sold by Softbank' image
Source : BBC [Read Article] Wednesday 8th of March 2017 11:25:24 AM
....Softbank will sell a 25% stake, worth $8bn (£6. 5bn), to a technology fund it is creating with Saudi Arabia, according to the Financial Times. ...
Uber's 'hustle-oriented' culture becomes a black mark on employees' résumés image
....An Uber spokeswoman said that Uberversity questions test how an employee would respond to real world situations, but stressed that there are no correct responses. But those looking to move on now – and there are increasing numbers of them, according to a report by the Financial Times, though Uber disputes this – may face an uphill battle. ...
Drugs disaster image
Source : BBC [Read Article] Monday 6th of March 2017 12:10:46 AM
.... . Tim Harford writes the Financial Times's Undercover Economist column. ...
Bad news for online advertisers – you’ve been ’ad | John Naughton image
.... In 2012, Procter & Gamble announced that it would make $1bn in savings by targeting consumers through digital and social media. It has got to the point where, according to last week’s Financial Times, 2017 will be the year when advertisers spend more online than they do on TV. ...
Innovation, Ikea style image
Source : BBC [Read Article] Monday 27th of February 2017 12:20:58 AM
....The Billy innovations are about working within the limits of production and logistics, finding tiny ways to shave more off the cost, all while producing something that looks inoffensive and does the job. Tim Harford writes the Financial Times's Undercover Economist column. ...
Brexit is a Whitehall farce that threatens the heart of Europe image
Source : Guardian [Read Article] Sunday 26th of February 2017 07:00:23 AM
.... But even the most zealous “federalists” learn from experience: towards the end of his life, Jean Monnet himself, one of the EU’s founding fathers, told a British historian that he no longer believed in “ever closer union”. I once met Monnet; he was the honoured guest at a Financial Times dinner. ...
Brexit weekly briefing: article 50 moves closer but EU dashes divorce deal hopes image
.... As the juggernaut crashes on. In the Financial Times (paywall), Martin Wolf marvels at a sentence in the Brexit white paper from earlier this month: “Whilst Parliament has remained sovereign throughout our membership of the EU, it has not always felt like that. ...
What use is sovereignty when MPs deny their conscience over Brexit? image
Source : Guardian [Read Article] Sunday 12th of February 2017 06:59:00 AM
....”. In another memorable observation, the Financial Times commentator Martin Wolf writes: “What sane country would sever its ties to its most important trading partners and its strategic position in its continental councils over a feeling that its own government agrees is erroneous?” The feeling being the mistaken belief that parliament has not been sovereign throughout our membership of the EU, which it has and still is, as last week’s potentially catastrophic vote reminds us. ...
Former Rolls-Royce boss questioned in corruption inquiry image
Source : Guardian [Read Article] Friday 10th of February 2017 11:31:33 AM
....David Green, the SFO director, has said it intends to announce within the next few months whether it will bring charges against individuals. The questioning of Rose, who ran the aircraft engine maker from 1996 to 2011, was first reported by the Financial Times. ...
Greece hopeful of imminent EU debt  deal     despite German warning image
Source : Guardian [Read Article] Thursday 9th of February 2017 07:53:55 PM
....On Thursday, the head of the eurozone bailout fund insisted that there was no cause for alarm, as he stepped up criticism of the IMF’s gloomy prognosis. “The European Financial Stability Facility and the European stability mechanism, the eurozone’s rescue funds, have disbursed €174bn to Greece,” Klaus Regling, head of the ESM, wrote in the Financial Times. ...
Devil-may-care investors fall under spell of Trump-mania image
Source : Guardian [Read Article] Thursday 9th of February 2017 02:31:01 PM
....This untenable position, which ignores 25% unemployment and endemic corruption, was then undermined further by a simple untruth. Writing in the Financial Times, he said: “The eurozone’s rescue funds have disbursed €174bn to Greece. ...
Trump’s trade advis​​er says Germany uses euro to 'exploit' US and EU image
....Donald Trump’s top trade adviser has hit out at Germany and accused the country of gaining an unfair trade advantage from the “grossly undervalued” euro. In a sign that the Trump administration is targeting currencies in its approach to trade deals, Peter Navarro, the head of the US president’s new National Trade Council, told the Financial Times (£) that the euro was like an “implicit Deutsche Mark”. ...
Tesco to buy Budgens and Londis owner Booker in £3.7bn deal image
Source : Guardian [Read Article] Friday 27th of January 2017 07:18:45 AM
.... Lewis admitted that Richard Cousins, the boss of catering group Compass who abruptly quit as Tesco’s senior independent director earlier this month, had resigned over the deal, which took a year to negotiate. Cousins told the Financial Times he was “very much against the deal”. ...
Jobs for all? In the US that idea is about to be tested to destruction | John Harris image
.... This might suggest a portent of where Trump might take the US economy, were it not for the fact that the plant employs 400 fewer people than 10 years ago. In the words of a recent report in the Financial Times: “In places like Buffalo there is evidence that US manufacturing has a bright future. ...
Nissan to review Sunderland plant's competitiveness after Brexit image
Source : Guardian [Read Article] Friday 20th of January 2017 07:17:27 PM
.... In a keynote address she urged delegates to address the effects of globalisation. A senior Toyota executive at the Swiss ski resort told the Financial Times that the carmaker’s UK plants also needed to be competitive after Brexit. ...
Pearson profit warnings wipe almost £2bn off its value image
Source : Guardian [Read Article] Wednesday 18th of January 2017 09:30:18 AM
....The sale of its stake could net about £1. 2bn for Pearson and would mark the final exit from its once-considerable non-education publishing empire, which previously included the Financial Times and a 50% stake in the publisher of the Economist. ...
Pound's flash crash 'was amplified by inexperienced traders' image
Source : Guardian [Read Article] Friday 13th of January 2017 01:19:04 PM
....”. As the slide coincided with a Financial Times story saying French president François Hollande was calling for a hard Brexit, this had been cited as a potential cause. ...
Sir David Clementi confirmed as new BBC chair image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:53:39 PM
....A string of leading candidates with broadcasting backgrounds ruled themselves out of running for the role, which is relatively low-paid by City standards at £100,000, but comes with heavy time demands and a high level of media attention. Clementi is being paid £10,000 less than the BBC Trust chair role, which was held by former Financial Times chief executive Rona Fairhead and is being scrapped. ...

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