Estée Lauder is nearing a deal to buy Tom Ford for about $2.8bn, including debt, beating out competition from a number of others interested in acquiring the luxury fashion brand,...
France’s Schneider Electric has raised its offer for UK software developer Aveva to just under £10bn as it seeks to win over investors that had rejected its first offer as...
Shoppers are seen in a Kroger supermarket on October 14, 2022, in Atlanta, Georgia.Elijah Nouvelage | AFP | Getty ImagesHigher interest rates, a potential recession and persistently high prices made...
In luxury goods, seeing is believing. So what should Richemont investors make of the caution expressed by boss Johann Rupert at the watches and jewellery specialist’s first-half results on Friday? Not...
The chair of the UK audit regulator has criticised ministers for not going further in a planned shake-up of the corporate governance regime, warning they risked exacerbating the flight of...
By Jessica Rawnsley, Financial TimesTom winds through the rows of wheat, stopping at plants along his route: scanning, mapping, checking vitals, taking photographs. Dick follows closely behind, pausing from time...
The new lord mayor of London is looking to work with City institutions and the government to create an investment fund of up to £100bn to support fast-growing UK businesses.Nicholas...
FTX has filed for bankruptcy protection in the US after it was unable to meet a torrent of withdrawals, marking a stunning collapse for Sam Bankman-Fried’s crypto empire that was...
The writer is an independent financial commentatorThe sudden collapse of the crypto exchange FTX raises serious questions about the state of the crypto ecosystem. Without serious changes in the way...
The ride down may be shallow or steep, but either way, the European Union and Britain could be starting to slide into recession.The British economy shrank by 0.2 percent over...