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

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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

BlackRock inflows slow as market sell-off hits confidence

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s largest asset manager BlackRock has reported a slowdown in inflows after two record quarters, as the sell-off in financial markets weighed on investor confidence. The New York-headquartered group said it attracted $84bn in … Read more

Are equities ‘always’ better in the long term?

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Two weeks on from the Spring Statement and Rachel Reeves’ declared ambition to “boost the culture of retail investment” in the UK looks spectacularly badly timed. The US president’s quixotic tariff announcements caused big losses for investors, with UK, US and global equity markets plunging, before whipsawing back after Trump announced a 90-day pause on … Read more

Shein gains approval from UK regulators for London float

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shein has secured preliminary approval from the UK’s financial watchdog to float in London, taking the ecommerce company a step closer to a stock market listing. The Financial Conduct Authority has approved Shein’s initial public … Read more

The Trump tariff crisis is not over yet

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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 Good morning. This week has felt about three weeks long. Is it too much to ask that not much happens … Read more