Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP’s first-quarter profits fell 49 per cent year on year to $1.38bn, falling short of analysts’ forecasts, as the UK energy major struggles to turn around its business. The company said on Tuesday that it … Read more
Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. The owner of a Nevada lithium mining project is confident of finding a new investor despite a slump in the price of the metal, as it eyes a role in the push to build a domestic … Read more
It was a moment 11 years in the making: US private equity giant Apollo was about to escape the German banking value trap that had ensnared so many of its peers. Apollo had already tried twice to float OLB, the lender it had assembled from a string of acquisitions starting in 2014. The first time, … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is former vice-chair of the Federal Reserve and global economic adviser at Pimco The September 1985 Plaza Accord and the subsequent February 1987 Louvre Accord are justly lauded today as significant … Read more
Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Ministers are using strong-arm tactics to pressure pension funds to honour a proposed “voluntary” commitment to invest more in UK assets, industry figures have claimed. A deal to be signed next month would see pension … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s copper stockpiles are on track to dwindle to nothing in just a few months, as the market suffers “one of the greatest tightening shocks” in its history on fears of US tariffs, according to … Read more
Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. Capital Group and KKR are set to launch new funds spanning private loans, corporate buyouts, and infrastructure and property deals in the latest tie-up between big traditional asset managers and private capital firms. Los Angeles-based … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Miners in Indonesia are warning of lower profits and output cuts after the government increased the royalties it levies on one of the country’s biggest export industries. In a move affecting some of the world’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Andersen, the tax and consulting business created by alumni of the collapsed accounting firm Arthur Andersen, has filed for a stock market listing in the US, setting up a test of investor appetite for professional … Read more
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The world’s largest oil companies are braced for their toughest year since the pandemic, as falling crude prices squeeze profits and shake investor confidence ahead of the quarterly earnings season. This year is … Read more