Federal Reserve ‘absolutely’ ready to help stabilise market if needed, top official says

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal Reserve “would absolutely be prepared” to deploy its firepower to stabilise financial markets should conditions become disorderly, according to one of the central bank’s top officials. Susan Collins, head of the Boston Fed, … Read more

BP shareholders to vote against chair re-election in protest over oil and gas pivot

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Legal and General is one of several shareholders planning to vote against the re-election of BP’s outgoing chair at its annual general meeting on Thursday, in a sign of growing discontent over the oil major’s … Read more