Stay informed with free updates Simply sign up to the Fintech myFT Digest — delivered directly to your inbox. The valuation of US fintech Plaid has fallen by more than half to about $6bn, a victim of stubbornly high interest rates and signalling a more challenging environment for fast-growing start-ups. Plaid, which built its financial … Read more
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. There’s a lot going on at the moment, but the most interesting might be how the dollar has been absolutely tanked by yesterday’s tariff news. The DXY dollar index has plunged 1.7 per cent today, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stock markets around the world dropped on Thursday after Donald Trump unveiled a blitz of tariffs on US trading partners that went further than most investors had expected. Shares of export-focused companies led a sell-off … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP is shutting its low-carbon mobility team in the energy major’s latest retreat from its five-year-old attempt to diversify away from oil and gas. The unit was responsible for developing electric, hydrogen and other low-emission … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 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 … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP will today announce production has started on a new gasfield in Trinidad, the second major project in the past two months, as it tries to boost its oil and gas production to calm the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deloitte has asked a US judge to throw out demands that it compensate shareholders who lost money in the collapse of one of the country’s largest nuclear power projects, in a case that has exposed … 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 founder and chair of Dimensional Fund Advisors When markets feel as shaky as they do now in the US, it is normal to ask: is this time different? After all, the S&P … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump launched a new assault on the global trading order on Wednesday, imposing a barrage of new tariffs including on all US imports in a move that sent Wall Street stock futures … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla’s deliveries tumbled in the first three months of this year, marking its worst quarter since 2022, as the electric-vehicle maker faced a consumer backlash in Europe, fierce competition in China and weakness even in … Read more