Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shell said that it has “no intention” of making an offer for rival BP following months of speculation about a possible landmark tie-up between the UK’s two largest oil companies. In a statement on Thursday, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Money is clever, weird stuff. While entirely abstract, it also reifies our social power structure. It’s a form of memory, a way to organise strangers, and a utilitarian means by which the value to society … Read more
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
Nato members decided on increased defence spending, the Federal Reserve is planning on cutting capital requirements for America’s biggest banks, and accounting firms are ready to open up to public markets. Plus, why US stocks are unfazed by the Israel-Iran conflict. Mentioned in this podcast: The US, Iran and markets The markets are silent — … Read more
When RSM Tenon, the UK’s first publicly listed accounting firm, collapsed in 2013, it marked the failure of the profession’s decade-long experiment with the public markets. A number of acquisitions left the UK’s then top-10 auditor saddled with debt it couldn’t service and accounting errors that regulators put down to “extensive misconduct”. RSM Tenon was … Read more
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Investors have been nervous about oil prices since Israel launched a surprise attack on Iran 12 days ago, a move that raised fears of potential disruption to crude supplies and a resulting surge in prices. How … 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 US companies are maintaining climate commitments while trimming their messaging about it, as they walk a tightrope between competing pressures on the environment, research shows. An exclusive analysis shared with the Financial … Read more
The push to decarbonise European steelmaking suffered a fresh blow last week as ArcelorMittal turned down more than €1bn in public subsidies to convert its German plants to run on greener hydrogen. The company blamed the prohibitively high cost of energy, just as Swedish steel producer SSAB also admitted to delays at its flagship low-emission … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The German financial watchdog that was criticised for badly mishandling one of Europe’s biggest accounting frauds said it has become much more active and “willing to step on toes” in the five years since Wirecard … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity-backed software group Visma has chosen London over Amsterdam for the planned initial public offering of the €19bn software company next year, scoring a rare win for the UK’s beleaguered stock market. British buyout … Read more