Financial Times

How AstraZeneca's $400bn deal unravelled - Financial Times

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For one BMS shareholder, who asked not to be named, the logic of a combination with a superior rival was clear. But for the British drugmaker, “it feels ...



China's great jobs squeeze - Financial Times

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“It is tiring, but there's no other way,” says a ride-hailing driver in Shanghai, who declined to be named, of the long working days. “That's just how the ...



Tata chair to step down as succession row escalates - Financial Times

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Noel Tata was surprised by Chandrasekaran's sudden announcement, said a person close to him, who added it would prevent the situation from becoming “messier”.



Senior UK detective under investigation for alleged misuse of AI

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Derbyshire Constabulary crest displayed on a yellow and blue reflective police vehicle door. A person familiar with events said the Derbyshire case involved ...



Putin's war machine scours the home front for recruits

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But another mobilisation would carry at least as much risk for Russia as reward, said a person close to the defence ministry. “The political effect of major ...



Impatient yacht owners make for a hot new asset class

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Individual marina assets are now estimated to be changing hands for around 15 per cent more than they were five years ago, according to a person familiar with ...



Billionaire's financial data group Ion chased by landlords for ...

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The amounts due on the Sydney and Munich sites have now been paid, a person familiar with the situation said, and legal proceedings in Connecticut were ...



The Argentine ranch where tech CEOs plan to ride out the apocalypse

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“It's very weird to buy up so much land just for yourself with no commercial plan,” said one gas station attendant who declined to give her name, citing ...



Widdecombe murder probe reopens inquiry into attempted burglary ...

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However, one person familiar with the matter indicated that it related to an incident at Farage's home. Farage said in April this year that a “lit ...



Biggest US law firms explore selling stakes to private equity

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... people familiar with the matter said. “At the request of certain firms with which we have business relationships, we listened to a couple of pitches ...



Citadel 'makes a killing' - Financial Times

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... person familiar with the matter. The firm's flagship fund notched 6 per cent returns, while its equities fund made 14.2 per cent, according to a person ...



FirstFT: US scientists use AI to create first synthetic viruses

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The deal would shift its $11bn debt load from public markets into a private vehicle, according to people briefed on the matter. The talks with investors ...



Jane Street in talks to shift its $11bn in debt to investors including ...

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The deal would shift its $11bn debt load from public markets into a private vehicle, according to people briefed on the matter. The size of the loan could ...



Mike Ashley says Harvey Nichols is in a 'death spiral' - Financial Times

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Final bids for the retailer were due on Wednesday night and discussions were still ongoing on Thursday, according to a person close to the process.



Google's AI shake-up boosts Brin as DeepMind's Hassabis steps aside

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A person close to the company disputed there had been tensions between Google's leaders and Hassabis, saying the Nobel laureate had led the initial launch ...



Big US hedge funds targeted by wave of cyber attacks

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Millennium Management was also targeted by cyber attacks, according to a person familiar with the matter. All of the firms run complex risk systems with ...



Russia drone company chief injured in car bombing - Financial Times

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... according to a person close to European intelligence. Tkachuk is a leading figure in Russia's “people's military-industrial complex” of small-scale start ...



John Lewis chair warns of profit squeeze as trading conditions worsen

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A person close to the retailer said Tarry was not planning any major strategic changes. The John Lewis Partnership, which also owns Waitrose, said at its ...



The UAE's imperial push into Africa - Financial Times

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... asked not to be named. Much of that business is conducted by the same bankers who previously operated in western financial centres but who have also been ...



Polymarket in fundraising talks at valuation of more than $20bn

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... person familiar with the matter. Polymarket was valued at about $8bn in October when Intercontinental Exchange, the owner of the New York Stock Exchange ...



French banks warm to election financing in potential boost for ...

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A person close to another large French lender said not all banks were fully aligned on the idea of a banking pool and said there was much to be thrashed out ...



Chinese VC firms rush to raise funds after three-year drought

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While the final amount was yet to be determined, it was expected to be just over $200mn, said a person with knowledge of the matter. The firm declined to ...



Walter insurers paid millions of dollars to credit rating provider Egan ...

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A large portion of Delaware Life's affiliated investments were rated by the small rating provider Egan-Jones, according to a person close to the insurer ...

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