Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As more companies order their workers back to the office, queues at coffee shops in London are definitely getting longer. With most of the capital’s chains charging around £4 a cup, it’s also an expensive … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The dollar weakened to a three-year low after a report that Donald Trump was considering nominating the next Federal Reserve chair early. The US dollar fell 0.3 per cent against a basket of key trading … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s de facto central bank has intervened in foreign exchange markets to defend the city’s currency peg. The Hong Kong Monetary Authority said it used HK$9.4bn ($1.2bn) of its reserves to buy Hong Kong … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia shares hit a record high on Wednesday, marking a turnaround for the chip company following a rocky start to the year marked by US-China tensions over critical artificial intelligence technology. The US chip designer’s … Read more
Fred Espenak, Astrophysicist Known as Mr. Eclipse, Dies at 73 Source link
Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. The Federal Reserve has kicked off one of the biggest reductions of US bank capital requirements since the 2008 financial crisis by proposing to allow higher leverage at the biggest American banks. The central … Read more
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Shell has denied it is in talks to acquire rival BP after months of speculation about a deal that would combine the UK’s two biggest oil companies. “No talks are taking place,” said … Read more
Stay informed with free updates Simply sign up to the Accountancy myFT Digest — delivered directly to your inbox. The US audit regulator has fined the Dutch arms of Deloitte, PwC and EY a total of $8.5mn after finding “hundreds” of staff cheated on internal training exams including ethics tests, in the latest such scandal … 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 Czechoslovak Group, one of Europe’s largest ammunition makers, will slash its interest costs almost in half on up to €1.8bn of debt, in a sign of investors’ newfound enthusiasm for the continent’s defence … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The price of cobalt jumped on Monday after the world’s biggest producer extended a ban on exports of the battery metal, in an effort to support the market following a sharp sell-off in recent years. … Read more