Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. The government is looking to block HM Revenue & Customs’ plans to apply VAT to UK investment fund services, following a backlash from senior City executives. The tax authority was seeking to end an exemption … Read more
NASA is aiming to send astronauts back to the moon, because that is what President Trump set as the destination of the agency’s human spaceflight program during his first term. On Dec. 11, 2017, Mr. Trump signed what the White House called Space Policy Directive 1, which stated that “the United States will lead the … Read more
Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. Investors and businesses are trying to figure out what, exactly, the US’s endgame is with tariffs against its three biggest trading partners. US stocks are down again, even after another round of tariff relief was … 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 co-founder and co-chair of Oaktree Capital Management and author of “Mastering the Market Cycle: Getting the Odds on Your Side” The questions I get from clients enable me to understand in real … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It’s almost 20 years since Industrial and Commercial Bank of China raised $22bn in a Hong Kong listing — the largest in history at the time. Since then, the city has been the go-to place … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The euro has a “clear path” to bolster its position as a global reserve currency to rival the US dollar and must take advantage of the huge opportunities it now faces, according to the president … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares of Venture Global plunged more than a quarter in early trading after the liquefied natural gas producer reported a revenue decline from lower LNG sales and exports. The Virginia-based company, which just listed publicly … Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US stocks fell sharply on Thursday as a renewed sell-off in the tech sector rattled a market already weighed down by concerns about the impact of Donald Trump’s trade tariffs on the world’s biggest economy. … Read more
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Hello and welcome to Energy Source, coming to you from New York. US President Donald Trump has made adjustments … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP chief executive Murray Auchincloss’s pay fell 30 per cent to £5.36mn last year after the struggling oil major failed to hit profit, operation and safety targets. While Auchincloss’s base salary rose to £1.45mn, from … Read more