Meta and private credit

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

European companies look to France for domestic rare earths sector

European industrial groups are turning to a developing rare earths ecosystem in France as they attempt to cut dependence on China for critical minerals used in electric vehicles and wind turbines. Beijing upended supply chains for minerals crucial to the energy transition and fuelled concerns about an impending shortage of permanent magnets when it imposed … Read more

The world is changing, the US market is not

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’ It’s suddenly fashionable to talk about how the era of “American exceptionalism” is ending, given Trump’s policies, the dollar’s … Read more

Smelters say they are losing power battle with Big Tech

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. High electricity costs and an intensifying battle with Big Tech for power are hampering US and European policymakers’ efforts to reshore strategically important metals processing industries, executives say. Washington and Brussels are offering billions of … Read more

The US can beat China on critical minerals but not by copying it

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 vice chair and chief global economist at PGIM and former US deputy national security adviser for international economics The supply of rare earths has featured prominently in President Donald Trump’s … Read more