Xbox layoffs might be largest in gaming history, insider says
Game designer George Broussard claims Xbox's upcoming layoffs could be the largest single layoff event in gaming history, with multiple studio closures expected.
Category : Corporate
AG Increases Bonus Pool in Talent Battle
Addleshaw Goddard has increased its bonus pool by 20% to £15m to retain and attract top legal talent amid intense competition in the UK legal sector.
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Binzhou's Leap to Intelligent Manufacturing
Binzhou, a city in China's Shandong province, has successfully transformed from traditional manufacturing to intelligent manufacturing, boosting economic growth and innovation.
Eisler Capital Co-Founder Joins Gemcorp Leadership
Eisler Capital founding partner Carey Nemeth has joined Gemcorp's executive leadership team, bringing extensive experience in emerging markets and commodity trading.
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What Next for UK's Private Stock Markets?
The UK's private stock markets face regulatory changes and growth opportunities as companies seek alternatives to public listings.
Bournemouth reject Arsenal, Man Utd interest in Alex Scott
Bournemouth insist Alex Scott is not for sale despite Arsenal, Manchester United and Chelsea interest, with the midfielder valued at £60m and two years left on his contract.
London cafe fights Mitchells & Butlers over slogan trademark
Coffee Studio owner Tahir Mehmet opposes Mitchells & Butlers' claim that 'Eat Drink Work' infringes its 'Eat Drink Meet' trademark, calling it a fight for small businesses.
Standard Chartered Revs Up M&A Push
Standard Chartered is aggressively expanding its M&A advisory business, hiring senior bankers from rivals to boost dealmaking in Asia and Africa.
City Fund Manager Backs Reform UK's Robert Jenrick
A City fund manager is financially supporting Reform UK's Robert Jenrick, providing significant donations to his political campaign.
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StanChart M&A Boss Seeks to Double Down After Hiring Spree
Standard Chartered's M&A head plans to double deal activity after a hiring spree, targeting Asia-focused cross-border transactions amid a rebound in investment banking.
Cleary Gottlieb Hires Fried Frank Partner for Funds
Cleary Gottlieb has hired a partner from Fried Frank to bolster its funds practice, marking the latest move in a series of lateral hires between the two firms.
Schroders shareholders cash in ahead of Nuveen deal talk
Schroders shareholders have sold shares worth £1.2bn in recent weeks, ahead of a potential takeover by Nuveen, as time is money in the deal-making game.
FN's Leaders in Finance: Three Profiles
Financial News profiles three leaders in finance who are driving change in the industry, showcasing their achievements and impact.
Why Horror Films Terrify Some and Thrill Others
A psychiatrist explores his lifelong fear of horror films, tracing it to a childhood reaction to a werewolf transformation and examining the psychology behind cinematic neurosis.
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Ocado boss Tim Steiner's £94m pay sparks concerns
Ocado CEO Tim Steiner has received £94m in pay since 2010, yet share price now below float level. Reports say board is seeking a replacement amid shareholder unrest.
New Finance Experts Reject Shame-Based Advice and Critique Capitalism
A new generation of finance experts, many women and people of color, push back against shame-based advice and critique capitalism while urging investment in retirement funds.
One in eight UK workers employed by private equity firms
A Guardian investigation reveals private equity controls companies employing one in eight UK workers, with significant stakes in nurseries, vets, care homes, and petrol stations, raising concerns over quality and stability.
Man Utd improve offer for Mateus Fernandes to beat Tottenham
Manchester United have made a new approach for Mateus Fernandes, improving their contract offer to beat Tottenham in the race for the £80m-rated West Ham midfielder.
Mickey Rourke missing teeth amid financial struggles
Mickey Rourke, 73, was spotted on the streets of Los Angeles missing several teeth and looking dishevelled, months after being evicted for over $60,000 in unpaid rent.
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Flow Traders CEO Pay Vote Passes After Revolt
Flow Traders' CEO pay package narrowly approved after 46% shareholder opposition, highlighting governance concerns at the Dutch trading firm.
Porsche heir abandons tunnel plan, sells Zweig villa
Wolfgang Porsche sells historic Salzburg villa after public outcry over proposed private tunnel; property listed at €12.7m with tunnel permit valid until 2028.
General Atlantic hires Novak Djokovic for sports push
General Atlantic has hired tennis star Novak Djokovic as a strategic advisor to boost its sports investment strategy, leveraging his expertise and network.
Kylie Jenner sued by chef over miscarriage claims
A former private chef sues Kylie Jenner, alleging excessive work demands during pregnancy caused her miscarriage. The lawsuit claims Jenner and Tri Star denied reasonable accommodations.
KPMG cuts UK contractors to save costs
KPMG has cut hundreds of UK contractors as part of a cost-saving drive, according to sources. The move affects around 200 roles across the firm.
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Jamie Dimon's Succession Drama Takes Another Twist
JPMorgan's succession planning shifts as key executives depart, leaving CEO Jamie Dimon's eventual replacement uncertain.
Barclays Poaches from Citi, Weil Bolsters Team
Barclays has hired a senior banker from Citi, while Weil Gotshal has expanded its capital solutions practice, according to sources.
Arsenal hold talks for Bruno Guimaraes after Tonali approach
Arsenal have held talks with Bruno Guimaraes' representatives as they consider a move for the Newcastle star, while also pursuing Sandro Tonali.
Man Utd face £86m Nmecha price tag, says Neville
Borussia Dortmund have set a €100m (£86m) price tag on Felix Nmecha after Gary Neville urged Manchester United to sign him over Mateus Fernandes, with United seeking midfield reinforcements.
BoE warns on private markets standards
Bank of England warns it will escalate action if private markets standards weaken, as FCA reviews sector rules amid rapid growth.
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Burnham urged to back North Sea oil to avoid job losses
BCC director Shevaun Haviland says Andy Burnham should exploit remaining North Sea oil and gas fields to avoid mass job losses, warning the transition to clean energy is mismanaged.
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