Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. German prosecutors have closed their criminal investigation into former DWS chief executive Asoka Wöhrmann over greenwashing allegations, opting not to press charges in the wake of fines for Deutsche Bank’s asset management arm in the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Legal & General is doubling down on its asset management business as it seeks to expand internationally and sell more private-market products to customers ranging from pension schemes to wealth managers. António Simões, chief executive … Read more
Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. The era of Bund scarcity is “definitely over”, said a senior German official, as the Eurozone’s safest borrower increases sales of its benchmark debt to fund a defence and infrastructure spending spree. Tammo Diemer, an … Read more
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Norway has launched the world’s largest full-scale operation of industrial carbon capture and storage, ploughing billions of dollars of subsidies into the venture to trap the emissions of highly polluting products such as cement. The … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When UK asset manager Aberdeen Group renamed itself four years ago as Abrdn, the company said it had created “a highly differentiated brand”. While the new moniker stood out, it was arguably for the wrong … Read more
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. It definitely doesn’t feel like it, but this is an era of remarkable economic tranquility. In fact, the degree of stability in the global economy is probably unprecedented. Don’t take our word for it. Here’s … Read more
Stay informed with free updates Simply sign up to the Investment Banking myFT Digest — delivered directly to your inbox. Wall Street executives are counting on their traders to offset tepid deal fees this quarter, after Donald Trump’s trade war threats made markets gyrate. Senior bankers say the market swings prompted by the US president’s … Read more
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. The International Energy Agency has predicted that global oil supplies will substantially outstrip demand this year even as the escalating conflict in the Middle East raises fears of disruptions. Global oil production is expected to rise … Read more
A Traveler Waits in the Stars for Those Willing to Learn How to Look Source link
Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. Central banks expect to keep buying more gold this year, and anticipate their holdings of US dollars will fall over the next five years, according to a survey of global monetary authorities. Geopolitical concerns, sanctions … Read more