Melissa Aldana’s cultured, light-toned tenor saxophone is steeped in the winding pathways, dynamic contrasts and harmonic thickets of contemporary narrative jazz. Raised in Santiago, Chile, she graduated from Berklee College of Music in 2009, and, based in New York, is a fixture in international jazz. This quartet gig, an early evening full-house show, presented music from
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It should be no surprise that a beauty business is a dab hand at putting a good face on things. Nutrition, beauty and logistics group THG’s cut to its profit margin outlook for this year came with something to pretty it up: the confirmation that it had received “indicative proposals from numerous parties” to buy
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Tycoons, bankers and bosses are vying for control of Generali, Italy’s largest insurer. This acrimonious and, at times, personal battle has divided the Italian financial establishment. The outcome will matter far beyond this tight circle. Generali is worth about €30bn, employs roughly 75,000 people and serves approximately 67mn customers. Construction tycoon Francesco Caltagirone leads rebels
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This week, as western governments pondered sending aircraft to Ukraine, the Kyiv government embarked on a novel financing step: it launched a website #buymeafighterjet to crowdsource donations for jets from the world’s mega-rich. Once that might have seemed a laughably bizarre thing to do. But today it no longer appears quite so odd. Never mind
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Carlsberg has warned it will book a $1.4bn writedown from the sale of its Russian business as part of the exodus of western companies following Moscow’s invasion of Ukraine. The Danish group, which owns Russia’s biggest beer brand Baltika, has more exposure to the market than any other international brewer, earning 9 per cent of
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The United Arab Emirates has frozen the assets of the Kinahan drug trafficking gang, adding to international pressure on an organisation that has deep ties with boxers and promoters at the highest levels of the sport. The Gulf state said it was continuing to investigate the Irish organised crime group in parallel with authorities in
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One thing to start: I highly recommend checking out this interactive break down of Europe’s efforts to wean itself off of Russian gas. Welcome back to Energy Source after the short break! A world desperate for more oil is going to be paying a lot more to get it out of the ground, I report
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The world’s biggest alternative asset manager Blackstone Group expects less dealmaking this year because of high inflation, rising interest rates and geopolitical uncertainty. “It’s hard to predict deal activity, although I would expect it to be lower than last year,” Blackstone’s president Jonathan Gray told the Financial Times. A record $5.8tn in mergers were agreed
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Choppy waters distance Chinese business from western capital. Cnooc, a driller in the contested South China Sea, embodies that gulf. The US expelled China’s biggest offshore oil and gas producer from the New York stock market in 2021, deeming it a security threat. Cnooc’s politicised status invites scepticism from international investors, despite a triumphant homecoming
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Nestlé pushed up prices for its products by more than 5 per cent in the first three months of the year, in the latest sign of steep commodity inflation feeding through to consumer prices for branded goods. The world’s largest food company said on Thursday it had increased pricing by 5.2 per cent in the
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This is Lauly Li in Taipei, covering the tech industry’s hardware supply chain, from semiconductors to smartphones to EVs. My fellow tech correspondent Cheng Ting-Fang and I have seen some incredible changes over the past four years. I remember back in March 2018, the chairman of a key Apple supplier told me it would be
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