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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Trump administration is revoking a number of permits and licences that enable western oil companies to do business in Venezuela, as it ratchets up economic and diplomatic pressure on President Nicolás Maduro. … Read more
The engine shuddered to life around half past noon local time on Sunday, and with a guttural roar, the 92-foot-tall Spectrum rocket lifted slowly away from its launch tower, marking the first liftoff of its kind on the European continent. The rocket, launched by Isar Aerospace from within the Arctic Circle at a spaceport on … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s stop-start trade war has sparked big swings across financial markets this year and triggered a sell-off on Wall Street. So investors are waiting nervously for the US president’s “liberation day” on … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. AP Møller-Maersk has warned that plans for a shipping emissions trading scheme intended to fix the price gap between fossil fuels and green energy would only encourage the sector’s use of LNG. The measures will … Read more
Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. International bondholders have recovered less than 1 per cent of nearly $150bn of bonds defaulted on by China’s property developers since 2021, despite years of negotiations and nearly a dozen restructuring agreements. Just … Read more
Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Dutch pension funds are set to plough tens of billions of euros into risky assets in Europe, as their move to a system without fixed benefits supports the continent’s efforts to attract investment and bolster … Read more
Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. Sweden and Norway’s currencies have become a favourite way for traders to bet on a European economic revival, outstripping other major peers since the start of the year as lawmakers across the region promise a spending … Read more
Stay informed with free updates Simply sign up to the Agriculture myFT Digest — delivered directly to your inbox. US egg prices are rapidly declining after a bird flu epidemic pushed them to record highs last month, prompting questions about whether producers had kept them artificially high. Wholesale egg prices have fallen 54 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. The problem for European investors in disentangling themselves from the US is that, deliberately or otherwise, they are in deep. Portfolios everywhere, retail and institutional, are stuffed to the gills with US stocks. This can … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Indians have become heavy investors in gold after a downturn in local equities, with a boom in exchange traded funds driving purchases as the commodity’s price hits record highs. Net inflows to gold ETFs in … Read more