Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Canada’s Ontario province has hit US power exports with a 25 per cent surcharge as the nation steps up its retaliation against Donald Trump’s tariffs. The levy will have an impact on 1.5mn … Read more
For a decade, Eric Schmidt ran Google as chief executive and as the “adult” in the room, mentoring the internet company’s young founders, Larry Page and Sergey Brin. In 2011, Mr. Schmidt handed control of Google back to Mr. Page. He has not taken another C.E.O. job since. But on Monday, Mr. Schmidt told employees … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When all the stocks are down, it’s sometimes worth pausing to appreciate how much specific stocks are really really down. For example: Tesla. Since Tesla hit an all-time high on December 17, the shares 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 Energy companies are asking the White House for a more steady approach after a whirlwind few weeks of tariff threats and changing policies that have buffeted the industry. “Swinging from one extreme to … Read more
Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. US energy secretary Chris Wright has warned that Britain’s green policies have resulted in “higher prices and fewer jobs” for its economy, as the UK government finalises its industrial strategy and continues to move away … 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 are circling the UK’s beleaguered listed real estate trusts. The interest could help breathe life into the sector after years of underperformance. Assura, which specialises in GP surgeries and other healthcare buildings, … Read more
Last week, data indicated that the US trade deficit surged to a record $131.4bn in January, as businesses scrambled to stockpile goods ahead of President Donald Trump’s Schrodinger’s tariffs. American economic data has generally been disappointing, but the worsening news on imports has in particular stirred up some angst. Because of the mechanics of how … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Billionaire Michael Platt’s firm BlueCrest Capital Management has gained almost 15 per cent so far this year after making a series of bets on currency and bond markets, racing ahead of some of … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Commodity trader Glencore is backing a cobalt investment company that plans to float in London this spring in what would be a boost to the UK’s struggling listings market, according to people familiar with the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An oil tanker and a container ship have collided in the North Sea, with fires reported on board both vessels. The UK’s Maritime and Coastguard Agency has sent rescue helicopters, lifeboats and firefighting vessels to … Read more