US swings behind TotalEnergies’ vast Mozambique gas project

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US President Donald Trump’s administration has unlocked almost $5bn in funding for a liquefied natural gas project by France’s TotalEnergies in Mozambique, potentially restarting work on one of Africa’s largest energy investments. Mozambique’s … Read more

Since Trump’s victory, SpaceX is either up 50% or little changed

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sure, Jan: Bloomberg (12/3/25) — Shares of Tesla Inc., Elon Musk’s public company, have been in freefall for the last few months. But shares in his private companies aren’t. Secondary market investors have sent the … Read more

The hidden alpha of corporate websites

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Four decades ago this Saturday, a computer company called Symbolics Inc registered the first ever dotcom internet domain name. It’s still alive today as an online relic, despite the company itself going bankrupt long ago. … Read more

US junk bonds slide as Donald Trump’s tariffs spark economic worries

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US corporate bonds issued by riskier borrowers are sliding as concerns rise that President Donald Trump’s tariffs will knock the American economy. The spread — or additional borrowing cost relative to US Treasuries — paid … Read more

Would $50 oil really be good for the US?

Donald Trump’s administration has indicated a desire to see crude prices fall to $50 a barrel or lower but the benefit for US consumers risks throttling the same oil industry the president wants to expand. On the campaign trail Trump repeatedly talked about very low gasoline prices of $1.87 a gallon — equivalent to about … Read more