Investors are bracing for further turmoil in Romanian markets following a recent dramatic sell-off, as presidential elections this weekend cast uncertainty over how the country will tackle the biggest national budget deficit in the EU. Bonds and currency investors are positioned for the country to lose its investment grade status and for another drop in … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Moody’s has stripped the US of its top-notch triple-A credit rating as it warned about rising levels of government debt and a widening budget deficit in the world’s biggest economy. The agency on … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s top poultry exporter Brazil said on Friday it had detected avian flu on a commercial farm for the first time, leading its biggest customer China to suspend chicken imports. Brazil, which makes up … Read more
If there’s one thing that makes certain companies stand out, it’s a competitive moat. A well-known and popular brand, a patented drug, a popular drink, software applications used in workplaces, or a service that’s so widely embedded the number of users keeps growing — whatever it is, advantages like these hold huge appeal for investors. … Read more
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the … Read more
Todd H. Baker is the managing principal at Broadmoor Consulting and senior fellow at Richman Center for Business, Law and Public Policy at Columbia Business School and Columbia Law School. Circle Internet is the issuer of USDC, one of the largest fiat-backed stablecoins in the world, with around $43bn in circulation. The company filed an … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Christopher Mahon is head of Dynamic Real Return in Multi-Asset Investing at Columbia Threadneedle Investments. Last month, FT Alphaville published our estimates that the Bank of England’s quantitative easing programme cost over 5 per cent … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief financial officer at Schroders Advances in a range of technologies have brought the investment industry to the brink of a major step into the future. The evolution of artificial intelligence, big … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK ministers are considering cutting the £20,000 tax-free cash Isa allowance but debating with City of London figures the level at which it should be capped, according to two people familiar with the situation. In … Read more