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Stay informed with free updates Simply sign up to the Fintech myFT Digest — delivered directly to your inbox. Ramp, the corporate payments start-up backed by Peter Thiel and Thrive Capital, has almost doubled its valuation to $13bn, as financial technology companies rebound from a painful period of lower spending and economic uncertainty. The five-year-old … 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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity firms once had a script, of sorts. Buy an asset, load it up with debt, fix it and then flip it. But in recent years, weak M&A markets and soldered IPO windows have … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Europe’s defence sector extended a blistering rally on Monday and the euro surged as investors raised their bets that governments across the continent will have to boost military spending and shoulder more of … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Struggling oil services and engineering company Wood Group, which is a takeover target for Dubai-based Sidara, has tapped advisers to navigate parallel refinancing talks with its lenders as it battles with a heavy debt load. … Read more
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The writer is professor of sustainable finance at Heriot-Watt University After Russia began its full-scale military invasion of Ukraine in February 2022, European governments scoured their budgets and borrowing options for funding sources to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Index provider FTSE Russell said on Monday that shares priced in currencies other than sterling would be added to its UK indices, as it attempts to boost the British stock market’s appeal to global investors. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Consumers have lodged a record number of complaints about car loans with the UK financial ombudsman, raising the pressure on regulators ahead of a crucial court case next month. The Financial Ombudsman Service said on … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Abu Dhabi National Oil Company has sealed a long-awaited deal to create a $60bn global plastics company after agreeing to combine its petrochemical assets with those of Austria’s OMV. The new company, called Borouge Group … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP plans to hire two new directors to help it pivot back to oil and gas, as its chair Helge Lund responds to pressure from investors to strengthen the board. Lund wants the BP board … Read more