Stay informed with free updates Simply sign up to the EU economy myFT Digest — delivered directly to your inbox. A top European Central Bank official has warned that global trade wars threaten to push up inflation in the Eurozone, limiting the room for further interest rate cuts in the currency area. ECB hawk Isabel … Read more
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The UK has imposed sanctions on key figures it says are involved in the trade of Russian oil as it seeks to increase economic pressure on Moscow amid ongoing negotiations for a peace deal … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How bad was the Treasury market turbulence last month? It was “real and significant” and “unnerving”, but it wasn’t chaotic or even “exceptional” — thanks largely to funding markets remaining remarkably durable. That’s the conclusion … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanjeev Gupta is set to call in administrators to place his main commodities trading business into insolvency, marking the final chapter for one of the controversial metals magnate’s oldest companies. Liberty Commodities, which last month … Read more
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