Two big job moves to start: Kroger and Albertsons, the two biggest US supermarket chains, separately announced the departures of their chief executives months after the collapse of their $25bn merger. And another thing: Rothschild & Co has hired the former Moelis investment banker who quit last year after a viral video showed him punching … Read more
Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Industry figures have welcomed ambitious plans by Euronext, the stock exchange group, to consolidate the thousands of exchange traded product listings scattered across its seven bourses on to one venue. However, some are sceptical … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The copper smelting industry is under growing pressure as plants around the world struggle to compete with the scores of newer factories in China offering cheap production of the red metal. Commodity trader Glencore last … Read more
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. Yesterday was rough. It began with the ISM manufacturing survey for February, which showed new orders falling into … 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 electric vehicle champion BYD said on Tuesday it had raised $5.6bn in the biggest share sale in Hong Kong in four years and the largest equity follow-on offering in the global automotive sector in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Aramco, the world’s largest oil company, has said technology from Chinese artificial intelligence company DeepSeek is “really making a big difference” and improving the efficiency of its operations. The installation of the technology in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK asset manager Abrdn has rebranded itself as Aberdeen after it was widely ridiculed for removing most of the vowels from its name under previous chief executive Stephen Bird. Jason Windsor, who became chief executive … Read more
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Hello and welcome to Energy Source, coming to you from New York, where the energy industry is considering … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world There is nothing cryptic about Donald Trump’s endorsement of cryptocurrency. Four years ago, he said bitcoin was a “scam”. Now he wants to make America the “crypto capital of the world”. To see … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK financial watchdog has banned two former Credit Suisse bankers from working in the sector almost six years after they pleaded guilty to accepting bribes linked to $2bn of “tuna bonds” they arranged for … Read more