Euro has ‘clear path’ towards greater reserve currency use, says Eurogroup president

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

Shares of US LNG exporter Venture Global plummet as exports slow

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

Swiss industrial giant says Trump tariffs will create ‘inflationary environment’

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

BP chief executive’s pay falls 30% after failing to meet key targets

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