Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The world’s largest oil companies are braced for a prolonged downturn in crude prices — the third in just over a decade — as they seek to reassure investors that they are prepared … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As proofs of concept go, the St James’s Place Diversified Assets fund, backed by US-based KKR and available to clients of the UK wealth manager since 2018, has not been a storming success. The fund, which specialises … Read more
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Lenders that specialise in “buy now, pay later” services will have to abide by the same rules as mainstream banks under long-awaited legislation that will result in them being fully regulated by the Financial … 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, the British finance company that is one of Europe’s largest asset managers, has acquired a real estate investor as part of a strategic push into private markets under chief executive António Simões. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A new cast of boutique banks is fuelling a fresh fervour for blank-cheque companies — one of Wall Street’s hottest and most controversial products during the pandemic-era bull market. Special purpose acquisition vehicles, or Spacs, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Online scams are big business. In the EU, according to the most recent figures, online scammers defrauded consumers out of €4.3bn in 2022. Increasingly, they use sophisticated adverts, including AI-generated “deepfakes” of figures ranging from … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank must stand ready to lower borrowing costs to “slightly below” 2 per cent as global trade wars threaten to drag down consumer prices, a top official has said. “If I look … 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 shares have outperformed their mainland peers by the largest margin in nearly two decades, as money pours in from China due to worries about the domestic economy and enthusiasm for the territory’s technology … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has begun allowing some shipments of rare earths under new export control rules, but the slow pace of approvals threatens disruption to global supply chains, according to industry participants. Beijing in early April placed … Read more
People not only set out in retirement on the wrong foot, but also pass mid-retirement without properly reviewing their plans, according to a new report. Research from the Pension Policy Institute found many retiring savers take full cash withdrawals or stay in investment strategies designed for pre-retirement, not post-retirement, needs. With much of the financial … Read more