Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chair of UBS has criticised proposed reforms to bank capital rules in Switzerland, calling the measures “extreme” and saying they would force the lender to hold 50 per cent more capital. Colm Kelleher said … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Chinese renminbi hit an 18-year low on Thursday as the currency became a serious flashpoint in trade tensions between the US and China. The onshore renminbi, which trades in a band set by China’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Whatever Stephen Miller or Bill Ackman might say, it was the bond market that beat the Trump administration into an abrupt “PAUSE” for tariff negotiations. The S&P 500 had nearly fallen into a bear market, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has dropped plans to sell long-dated bonds next week in response to recent financial market turmoil and will instead sell shorter maturity gilts in its “quantitative tightening” programme of asset sales. … Read more
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Abu Dhabi is stepping up its bet on US gas by buying a stake in one of the country’s most significant shale regions, as President Donald Trump’s pledge to unleash US energy exports … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock has subscribed to a $750mn bond issue by India’s Adani Group, a private placement deal that signals a turnaround in the conglomerate’s fortunes even as its billionaire founder remains mired in US legal troubles. … 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. President Donald Trump announced a 90-day pause in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Barry Callebaut’s stock tumbled almost 20 per cent to a 12-year low on Thursday after the Swiss chocolatier revised down its sales forecast for the year, citing “unprecedented volatility” in the cocoa market. The world’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nikhil Rathi has been given another five-year term as head of the Financial Conduct Authority, a recognition of his embrace of the government’s push to boost economic growth by easing the burden of regulation. Rathi, … Read more
The writer is Sinyi Professor of Chinese Management at Cambridge Judge Business School. In October 2024, global private equity group KKR announced the sale of geohazard mitigation business GeoStabilization International for more than $1bn, five times its original investment. A unique aspect of the deal was that GSI employees shared a $75mn payout, with some … Read more