Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese tea company Chagee is set to brave choppy market conditions and an intensifying trade war between the world’s two largest economies as it seeks to raise almost $400mn on its New York debut this … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A quarter of BP investors have voted against the re-election of outgoing chair Helge Lund in the biggest protest against a FTSE 100 director for five years. Preliminary results from the energy company’s annual general … Read more
It’s not just stocks or rates. Corporate debt markets have also been “yippy” lately. And one corner to keep an eye on are exchange traded funds that invest in collateralised loan obligations. CLO ETFs have exploded in popularity over the past couple of years, with aggregate assets across the handful of funds surging to $30bn … 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 Welcome to Energy Source, coming to you from New York. Federal Reserve chair Jay Powell said Donald Trump’s tariffs … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world China could replace the US as the world’s dominant energy power as Donald Trump’s trade war rattles American oil producers and Beijing extends its cleantech lead, analysts have warned. The US president announced … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Payments provider Global Payments has struck a $24.2bn cash-and-stock deal to buy rival Worldpay from GTCR less than two years after the private equity group bought a majority stake in the company. As part of … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Lloyd’s of London insurance broker has been charged by the Serious Fraud Office over alleged bribes paid to officials in Ecuador via US intermediaries to land contracts from state-owned companies in the Andean nation. … Read more
Stay informed with free updates Simply sign up to the Financial & markets regulation myFT Digest — delivered directly to your inbox. The Prudential Regulation Authority doesn’t do clickbait, so you’d be forgiven for skipping a rulebook update from the UK banks regulator based on its headline alone: Modification by consent of the Liquidity Coverage … Read more
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. The S&P 500 fell 2.2 per cent yesterday, after it was revealed US export controls would restrict Nvidia’s … Read more
Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. Santander has overtaken UBS as continental Europe’s most valuable bank after Donald Trump’s tariff-induced market rout hit the Swiss lender harder than peers. UBS’s shares have slumped nearly 15 per cent since the US president … Read more