Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investigators of two severed data cables in the Baltic Sea are looking at the movements of a Chinese bulk carrier, the second such probe in recent months amid rising jitters in Europe over potential acts
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Lord Peter Mandelson has said the UK should use Nigel Farage and Elon Musk’s British “friends” as a “bridgehead” to build relations with Donald Trump’s incoming US administration. The suggestion by the former
A company and Georgia governments are battling over approval of a bond that would support construction of a monkey breeding facility in Bainbridge. The Georgia Supreme Court may have final say in a battle for $300 million of taxable revenue bonds by a monkey breeding company the state government initially supported but now opposes after
Tax experts are already ringing warning bells about the effects of tax cuts promised during the election campaign and their effects on future budget deficits. “If you cause the bond market to completely freak out by having extraordinarily large deficits right off the start due to an unwise tax bill, you will undo that promise
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump is expected to nominate Wall Street investor and campaign donor Howard Lutnick to run his commerce department, according to two people familiar with the discussions. Lutnick, who is the co-chair of
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Is Donald Trump to be taken literally or seriously? Salena Zito offered these alternatives in a column in The Atlantic published in September 2016. Today, before he obtains power for a second time,
Grand Canyon University’s Phoenix campus. The Christian university will be in the municipal market this week with a $520 million deal to refund loans used to refinance 2021 bonds that matured on Oct. 1.Grand Canyon University Phoenix-based Grand Canyon University, which had planned a privately placed refinancing of maturing 2021 bonds this summer, heads to
Minnesota-based municipal advisor Johan Rosenberg filed a series of lawsuits on behalf of four states against a group of Wall Street banks for conspiring to rig interest rates on variable-rate demand bonds. A mediation session is set for Tuesday as a long-standing lawsuit charging Wall Street banks with rigging New York’s variable-rate bonds inches forward.
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 must approach interest rate cuts carefully as it assesses the impact of the rise in employer national insurance contributions, Andrew Bailey has said. There are “different ways” in which UK chancellor
Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. European stocks fell and government bonds gained on Tuesday, as investors responded to the latest escalation of the war in Ukraine. The pan-continental Stoxx Europe 600 index was 0.7 per cent lower by early afternoon trading.
The Municipal Securities Rulemaking Board is soliciting applications for four positions on its board for the 2026 fiscal year. “This year the Nominating Committee is looking for one municipal advisor, one-broker-dealer, and two public representatives to join the Board,” said Katano Kasaine, MSRB board member and chair of the Nominating Committee. “We encourage qualified candidates
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Scottish Labour would reinstate winter fuel payments for pensioners if it wins the Holyrood elections in 2026, Anas Sarwar has said, increasing pressure on Sir Keir Starmer to follow suit for the rest of the
Companies registered in the British Overseas Territories exported $134mn worth of goods to Russia in 2024 in an apparent breach of UK sanctions, according to FT analysis of Russian filings. The UK’s Russia sanctions legislation, which has been extended to the territories, bars companies and individuals from enabling Russia to obtain military, dual-use or luxury
Former Wisconsin Republican Rep. Sean Duffy has been tapped by President-elect Donald Trump to lead the U.S. Department of Transportation.Bloomberg President-elect Donald Trump Monday said he would nominate former Congressman and current Fox News host Sean Duffy to head the U.S. Department of Transportation. “Sean will use his experience and the relationships he has built
The remnants of Gaza’s Hamas-run security forces have begun a violent crackdown on aid theft and spiralling black market prices in the enclave, including shooting suspects in the legs as they struggle to appease a starving population. Armed men in plain clothes, who Palestinians say are policemen driven underground by Israeli targeting, have started to
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has struck a military target inside Russia using US-made long-range Atacms missiles for the first time since Joe Biden’s administration lifted restrictions on their use, according to people familiar with the matter. Army
United Airlines planes at Houston’s George Bush Intercontinental Airport. The city will sell its biggest-ever special facilities revenue bond issue with $1 billion of debt guaranteed by United.Houston Airport System Houston will sell its biggest special facilities revenue bond issue this week with a $1 billion deal backed by junk-rated United Airlines to fund terminal
“The deal demonstrates how smaller issuers can leverage innovative solutions to fund environmental projects at the local level,” said Justin Carl, AlexRenew’s general manager and CEO. In June, AlexRenew became the first wastewater authority in the Commonwealth of Virginia to issue green bonds with a $45.7 million deal to fund projects that provide a positive
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Abrdn’s new chief executive Jason Windsor has made sweeping leadership changes in a bid to improve the UK asset manager’s investment performance after a difficult period. The FTSE 250 group said on Tuesday that Rene
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world It is time to study Caligula. That most notorious of Roman emperors killed what was left of the republic and centralised authority in himself. Donald Trump does not need to make his horse
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