Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has threatened to apply tariffs on critical minerals in a move that could increase tensions with China and open a new front in a global trade war that has rattled markets. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the US’s largest energy exporters was able to borrow through US junk debt markets on Tuesday, the first deal since Donald Trump’s tariff war froze the $1.4tn high-yield bond market. A subsidiary of … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US product design software company Figma has filed for an initial public offering that will test investor appetite for tech listings as Donald Trump’s tariffs roil global financial markets. Figma on Tuesday said it had … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Malian government has escalated a dispute with Barrick Gold by closing the Canadian mining company’s office in Bamako and threatening to seize control of its assets in the country, the group said on Tuesday. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone is joining forces with asset management companies Vanguard and Wellington Management in a “strategic alliance” aimed at creating hybrid public and private funds for wealthy individuals and retirees. The three groups said on Tuesday … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government has engaged in a dramatic rescue of British Steel, operator of the country’s last two blast furnaces at Scunthorpe in Lincolnshire. After recalling parliament from recess to pass emergency legislation, ministers have … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pay for Grant Thornton’s UK partners rose to an average of almost £700,000 last year as the accounting firm struck a deal to be bought out by private equity group Cinven. Grant Thornton said on … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Given the recent thumping their portfolios have taken, investors could be forgiven for thinking that equities must now be factoring in a lot of downside risk. False hopes help no one, however. US stocks are … Read more
Stay informed with free updates Simply sign up to the Currencies myFT Digest — delivered directly to your inbox. Big investors are more bearish about the prospects for the dollar than at any time in nearly two decades, according to data that underlines the hit to US assets from Donald Trump’s trade war. A net … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Here are some interesting lines from Apollo’s chartmeister Torsten Sløk, showing the spread between the bids and the asks for off-the-run and more liquid investment-grade corporate bonds (high-res link): We knew that credit markets were … Read more