SpaceX Starship Rocket Explodes Before Test
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At a mad moment, a dull Fed is good
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
Spacs are hot again, and even Goldman wants a piece of the action
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Goldman Sachs is back in the Spac game. According to Bloomberg, the Wall Street leader is returning to the business of blank-cheque deals three years after beating a hasty retreat from the market. The bank … Read more
Biofuel prices jump as Israel-Iran conflict drives hunt for oil alternatives
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prices of palm oil and soyabean oil have surged after the conflict between Israel and Iran pushed up energy costs and the Trump administration proposed increasing the amount of biofuels mixed into diesel and petrol. … Read more
Test for Europe as it tackles a crisis of confidence in green projects
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It isn’t the easiest time to be a green industrial start-up in Europe. The sudden collapse into bankruptcy of Northvolt, Europe’s best-funded start-up and its big hope for battery manufacturing, has in recent months cast … Read more
Scottish Widows to slash UK equity exposure
Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Scottish Widows, one of Britain’s largest pension providers, is preparing to significantly reduce its allocation to UK equities just as the government is pushing retirement funds to invest more in British companies. The group, which … Read more
Tanker rates double as shipowners steer clear of Strait of Hormuz
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prices to charter large oil tankers sailing through the critical Strait of Hormuz have more than doubled since Israel launched an attack on Iran last week, amid shipowners’ reluctance to risk using the waterway. The … Read more
Should we worry about Trump undermining the dollar?
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In 1271, Marco Polo set off from Venice to meet the Mongol ruler, Kublai Khan, in China. After four years of travelling he reached Cathay and was welcomed by the Khan, who made him ambassador … Read more
Foreign Treasury holdings remain near record high despite tariff turmoil
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Foreign investors’ stockpile of US government debt fell only modestly in April despite turbulence in the Treasury market driven by Donald Trump’s “liberation day” tariff announcement. International holdings fell $36.1bn in April from … Read more
Heirs to the tuna bond saga
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dead men tell no tales, in Lebanon as much as anywhere else. But in that country in particular, they are also not even legal persons with estates. Almost a year since Mozambique won a landmark … Read more