US farmers reacted with fury to President Donald Trump’s tariffs on imports from Canada, Mexico and China, saying a trade war will threaten their markets, push up the cost of inputs such as fertiliser and “take a toll on rural America”. Farmers expressed particular concern about the impact of retaliatory tariffs, saying they will restrict … Read more
Wall Street stocks fell for the second day in a row on rising concerns Donald Trump’s tariffs will deal a blow to the US economy. The blue-chip S&P 500 was down around 0.9 per cent on Tuesday afternoon, while the tech-heavy Nasdaq Composite dipped 0.2 per cent. The S&P 500 briefly on Tuesday fell below … Read more
The Magnitude 7 Metals aluminium plant near the banks of the Mississippi is eerily quiet these days, its electrolysis cells dark and devoid of people, its once white-hot smelters cold to the touch. “It breaks my heart, ‘cos I’ve seen it in all its glory,” said Greg Lester, the facility’s manager, gesturing upwards to its … Read more
Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let me … 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 big market news over the weekend, if you want to call it that, was a Trump social … Read more
Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Chinese bubble tea giant Mixue’s shares surged 43 per cent on their debut on Monday as Hong Kong’s biggest listing of the year to date highlighted investor focus on mainland China’s price-conscious consumers. … Read more
Stay informed with free updates Simply sign up to the Fintech myFT Digest — delivered directly to your inbox. Ramp, the corporate payments start-up backed by Peter Thiel and Thrive Capital, has almost doubled its valuation to $13bn, as financial technology companies rebound from a painful period of lower spending and economic uncertainty. The five-year-old … Read more
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity firms once had a script, of sorts. Buy an asset, load it up with debt, fix it and then flip it. But in recent years, weak M&A markets and soldered IPO windows have … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Europe’s defence sector extended a blistering rally on Monday and the euro surged as investors raised their bets that governments across the continent will have to boost military spending and shoulder more of … Read more