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Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Oil companies Shell and Equinor are to combine their UK offshore oil and gas assets to form a new company they say would be the biggest independent producer in the North Sea. The

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bitcoin’s hit $100,000. Congrats on the money, everyone! It’s challenging to discern what’s on the horizon for crypto after this big round number, given the well-known and glaring problems with trying to figure out how

When my wife and I were deciding where to make our long-term home, we flipped a coin. Heads, we’d stay in London. We had both moved to the city to study in the early 2000s; it’s where we first met and I started my career. Tails and we’d move to the South West. The coin came

Just five years ago Syria’s Islamist rebel group Hayat Tahrir al-Sham was a beleaguered jihadist force fighting to survive after years of attacks by the Russian-backed Assad regime. Now, in its stronghold of Idlib province, HTS boasts a military academy; a centralised command; rapidly deployable specialist units including infantry, artillery, special operations, tanks, drones and

As the Danish renewable energy company Ørsted battled to restore its reputation following a bruising year, a rival across the North Sea had the company in its sights. After months of quietly buying Ørsted shares, Norway’s state-owned oil and gas giant Equinor revealed in October that it now had a 10 per cent stake, promising

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The author is an FT contributing editor and writes the Chartbook newsletter Remember January 2021? Joe Biden came into office loudly proclaiming: “America is back!” Antony Blinken, as secretary of state, was fond

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bitcoin has surged above $100,000 for the first time, extending a dramatic rally as investors bet on greater political and regulatory support from US president-elect Donald Trump. The price of the world’s largest cryptocurrency has

French President Emmanuel Macron called snap elections in July to get what he said would be a “clarification” from voters over the leadership and direction they wanted for the country. The voters provided clarity with a stinging loss for his party and a hung parliament that has rebelled after only three months, toppling the president’s

US stocks closed at a record high, pushed up by semiconductor stocks and even as Federal Reserve chair Jay Powell said the central bank could afford to “be a little more cautious” about interest rate cuts. Powell said the US was “the envy of other large economies around the world” and that the Fed could

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The French parliament on Wednesday voted to oust prime minister Michel Barnier over his proposed deficit-cutting budget, plunging the country into deeper political turmoil. A motion of no confidence was approved by 331 votes in

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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 Donald Trump has nominated cryptocurrency advocate Paul Atkins to chair the US Securities and Exchange Commission, drawing cheers from across the finance industry as it hopes for a more favourable regulatory climate under

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It will go down as one of the shortest impositions of martial law in history. Just six hours passed between South Korean President Yoon Suk Yeol’s declaration of military rule on Tuesday night, and his

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Mexico said it had made the country’s largest seizure of fentanyl as it seeks to ward off US president-elect Donald Trump’s threat of tariffs on its exports. A navy-led operation seized more than

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€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

A UK-led operation has uncovered a multibillion-dollar money laundering scheme run out of London, Moscow and Dubai that enabled Russian spies and European drug traffickers to evade sanctions using cryptocurrency. The UK’s National Crime Agency said on Wednesday that its “Operation Destabilise” investigation centred on two companies — Smart and TGR — that acted as

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has discussed replacing Pete Hegseth, his controversial nominee to lead the Pentagon, with candidates including Ron DeSantis, the governor of Florida, according to two people close to the talks. The discussions