Starlink, the satellite internet service operated by Elon Musk’s SpaceX, is now accessible across the White House campus. It is the latest installation of the Wi-Fi network across the government since Mr. Musk joined the Trump administration as an unpaid adviser. It was not immediately clear when the White House complex was fitted with Starlink … Read more
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The UK Treasury has launched a review of the Financial Ombudsman Service to tackle concerns that it behaves like a “quasi-regulator”, as part of a wide-ranging plan to cut the burden of red tape … Read more
Stay informed with free updates Simply sign up to the EU trade myFT Digest — delivered directly to your inbox. The EU is launching a probe into the aluminium market in a move to protect the bloc’s beleaguered industry from an expected surge in cheap imports displaced by Donald Trump’s tariffs. The European Commission on … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This has not been a good month for markets. Stocks have crapped out and the bond market couldn’t avoid some of the splashes. But some parts have done better than others, and one in particular … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s financial watchdog will ban Crispin Odey from the sector and fine the hedge fund founder £1.8mn for a “lack of integrity” in his conduct after he faced allegations of sexual harassment and assault. Odey, … Read more
Stay informed with free updates Simply sign up to the ESG investing myFT Digest — delivered directly to your inbox. Aviva Investors has ditched a landmark plan to sell stakes in companies that fail to rein in their carbon emissions sufficiently, joining a trend for investment managers to water down green commitments. The London-based investment … Read more
Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Europe’s only exchange traded fund that aims to replicate the performance of the managed futures hedge fund industry, but for a fraction of the cost, starts trading today. The move comes amid growing interest … Read more
HSBC and UBS are expanding their wealth management arms in India, and the consulting boom in Saudi Arabia is slowing down. Plus, global gold prices have soared on fears that President Donald Trump could impose tariffs on gold imports, and US retailers are preparing for fewer sales in 2025. Mentioned in this podcast: HSBC and … Read more
Hello, I’m Emma Dunkley on the Asset Management team and I’m filling in for Harriet today. One scoop to start: The Financial Times reveals how advisers had warned former Aberdeen chief executive Stephen Bird against rebranding as Abrdn and even requested that the UK asset manager exclude their consultancy name from marketing material. In today’s … Read more
European companies that have added a US listing often do not see an uplift to their valuations, the Financial Times has found, in a challenge to some executives’ claims that a New York stock market presence is a sure-fire route to higher share prices. An analysis of 12 European-listed companies that have added US listings … Read more