Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. CoreWeave is preparing to raise about $1.5bn in debt that could be used to refinance part of its massive liabilities just weeks after the artificial intelligence data centre operator listed in New York to a … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Germany’s Dax index climbed to a record high on Friday as investor optimism over US trade deals boosted global markets, becoming the first major European benchmark to recoup the losses sparked by Donald Trump’s tariff … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is senior adviser at Engine AI and Investa, and former chief global equity strategist at Citigroup It is easy to blame US President Donald Trump for the recent convulsions in global financial markets, … Read more
The slide in BP’s share price has left the UK energy major vulnerable to a takeover as rivals weigh the opportunity to buy at a steep discount and put an end to its 116 years as an independent company. Listed companies Shell, Chevron, ExxonMobil and TotalEnergies, as well as Abu Dhabi’s Adnoc, have separately run … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Leading fund managers have warned at a Downing Street meeting that sentiment towards the London stock market is at “rock bottom” and urged ministers to consider mandating UK pension funds to allocate at least 5 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In 30 years, Google has gone from not-yet-existent to part of the furniture. To flaunt this fact, parent company Alphabet recently did something that’s typically the preserve of businesses that expect to be around for … Read more
Stay informed with free updates Simply sign up to the Financial & markets regulation myFT Digest — delivered directly to your inbox. US regulators are calling on the world’s financial rulemakers to downgrade a flagship project to tackle the risks of climate change in the latest sign of America’s retreat from environmental causes since Donald … Read more
Asian investors have been rushing to shield themselves from big swings in the US dollar, putting upward pressure on their local currencies and forcing Hong Kong authorities to intervene in the market. Taiwan’s dollar has surged almost 6 per cent against the greenback this month, posting the biggest single-day moves since the 1980s, while Hong … Read more
After a year of soaring gold prices, makers of luxury watches have been left with a heavy precious metal headache. Where a year ago procurement teams were buying gold at about $2,300 an ounce, now the figure is around $3,300 an ounce, a 40 per cent increase. With stock markets still volatile, few analysts are … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Macquarie has warned global trade is under “the most intense pressure for decades”, with the Australian financial services giant predicting tariffs and a rethink of decarbonisation strategies in some countries could hit economic growth. The … Read more