Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Through the fog that has shrouded global markets during the second coming of US President Donald Trump, a form is starting to take shape. If you squint, you can just about make out an outline … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The biggest US banks have all passed the Federal Reserve’s annual tests of whether they can withstand a future economic and market crisis, opening the door for them to raise dividends and share buybacks. The … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Meta is looking to raise $29bn to fund its all-in push into artificial intelligence, turning to private capital firms to finance its build out of data centres in the US. Talks between the Instagram-owner and … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former Barclays chief Jes Staley has failed to persuade a California court to throw out an investor lawsuit over his ties to Jeffrey Epstein, in the same week that he lost a separate UK court … Read more
The Democratic Republic of Congo is in talks with a Texan businessman allied to Donald Trump to make a notorious source of conflict minerals a central part of US-backed peace plans for the region. Gentry Beach, the chair of investment firm America First Global and former finance co-chair of Trump’s campaign in 2016, is part … Read more
Jes Staley conceded that it would have been easier not to have been friends with convicted paedophile Jeffrey Epstein. At no other time was that sentiment, expressed during the former Barclays boss’s cross-examination in a London courtroom in March, more true than on Thursday. The 68-year-old American found out that he had failed in his … Read more
Stay informed with free updates Simply sign up to the Investments myFT Digest — delivered directly to your inbox. Buying energy stocks at the beginning of a potential energy crisis is one way to offer some protection against whatever comes next from the Middle East. Jadestone Energy could see both an operational and price upswing in … Read more
BP chief executive Murray Auchincloss laughed off the question when asked this year if everything at the struggling oil company was up for sale. “I don’t know,” he responded, “no one ever comes with the right price.” Attempts to restore the fortunes of the 116 year-old group and preserve its independence received a boost this … Read more
Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. Europe’s top banking regulator has raised concerns about the “circles of risk” being created by banks providing financing to investors that are taking on credit risk from other lenders. The European Banking Authority said in … Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Wall Street’s S&P 500 share index climbed to a record high on Friday, capping a dramatic rebound by US stocks from a sharp drop earlier in the year sparked by Donald Trump’s barrage of global … Read more