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Receive free BP PLC updates We’ll send you a myFT Daily Digest email rounding up the latest BP PLC news every morning. The allegations that prompted Bernard Looney’s resignation from BP included an accusation that the chief executive promoted women with whom he had undisclosed past relationships, according to people familiar with the matter. The

Global financial regulators are preparing a clampdown on so-called shadow banking as they confront the unintended consequences of previous waves reform that pushed risks into hidden corners of the financial system. Policymakers have been warning all year — with mounting alarm — about the risks and sizes of bets taken by some hedge funds and

Receive free BP PLC updates We’ll send you a myFT Daily Digest email rounding up the latest BP PLC news every morning. BP’s top executive in the US is leaving the company, the oil giant told staff on Friday just weeks after the resignation of the company’s global chief executive Bernard Looney. Dave Lawler, who

Receive free US government shutdown updates We’ll send you a myFT Daily Digest email rounding up the latest US government shutdown news every morning. Parts of the US government are expected to shut down from Sunday after Republican dissidents in the House of Representatives defeated the party’s own stop-gap funding bill in a severe blow

On an internet forum in August, merchants who sell products on Amazon’s marketplace began speculating about the prospect of a lawsuit being brought against the ecommerce giant. There were “thousands of examples of abuses of sellers by Amazon,” one merchant alleged. Perhaps, the person added, it would be worth sellers collating their stories in support

Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Party conference season is upon us, and the prime minister has made a slew of disconnected announcements — from reconsidering the HS2 railway to replacing A-levels with a baccalaureate — in a bid

Receive free Dianne Feinstein updates We’ll send you a myFT Daily Digest email rounding up the latest Dianne Feinstein news every morning. Dianne Feinstein, the veteran Democratic senator from California and a pioneer for women in American politics, has died, aged 90. Feinstein passed away at her home in Washington late on Thursday, James Sauls,

Receive free UK economy updates We’ll send you a myFT Daily Digest email rounding up the latest UK economy news every morning. The Bank of England has warned lenders over the “elevated” risk in the models they use to predict loan losses and criticised them for failing to fully recognise the impact of high inflation

Receive free Retail sector updates We’ll send you a myFT Daily Digest email rounding up the latest Retail sector news every morning. When young, the writer Susan Sontag used to frequent the Pickwick bookstore in Los Angeles and shoplift works of literature. “Each of my occasional thefts cost me weeks of self-revilement and dread of

The Swedish entrepreneur Niklas Zennström has much in common with your typical Silicon Valley tech billionaire. A life-changing fortune made at lightning speed before the age of 40? Tick. An overenthusiastic tendency to evangelise about how start-ups can put a dent in the universe? Tick. A love of bobbing up and down on an ostentatious

Receive free The Top Line updates We’ll send you a myFT Daily Digest email rounding up the latest The Top Line news every morning. For a while French cement group Lafarge operated a plant in North Korea, about 40km from Pyongyang — except it didn’t, really. The expat supposedly running the facility sat in the

Receive free UK economy updates We’ll send you a myFT Daily Digest email rounding up the latest UK economy news every morning. UK money supply growth turned negative for the first time since 2010 when comparable data collection began as higher interest rates weigh on lending, according to the Bank of England. The annual growth

Receive free Eurozone inflation updates We’ll send you a myFT Daily Digest email rounding up the latest Eurozone inflation news every morning. Eurozone inflation has fallen to its lowest level for almost two years, bolstering hopes that the biggest surge in consumer prices for a generation is fading fast and paving the way for the

Receive free Markets updates We’ll send you a myFT Daily Digest email rounding up the latest Markets news every morning. Global bond markets rebounded on Friday at the end of a quarter of heavy losses, helped by signs of easing inflation in the eurozone. Yields on European sovereign debt slid after data showed that the

Receive free UK GDP updates We’ll send you a myFT Daily Digest email rounding up the latest UK GDP news every morning. The UK economy has bounced back from the Covid-19 pandemic much faster than previously estimated, according to new official figures that show Britain is no longer the worst performer in the G7. In the

Receive free Undercover Economist updates We’ll send you a myFT Daily Digest email rounding up the latest Undercover Economist news every morning. Just over a decade ago, Egypt’s Coptic Christians chose their new pope. The names of three favoured candidates were placed in a glass bowl, then a blindfolded boy selected from the trio at

Receive free Financial Stability Board updates We’ll send you a myFT Daily Digest email rounding up the latest Financial Stability Board news every morning. The world’s financial stability watchdog is launching a probe of the build-up of debt outside traditional banks, as it seeks to limit hedge funds’ borrowing and boost transparency. Klaas Knot, chair of

Receive free US politics & policy updates We’ll send you a myFT Daily Digest email rounding up the latest US politics & policy news every morning. One is a 36-year old former restaurateur who won notoriety for carrying a gun into Congress to assert her constitutional right to bear arms. Another is a Florida lawyer

Receive free Data Points updates We’ll send you a myFT Daily Digest email rounding up the latest Data Points news every morning. In his 1985 book Amusing Ourselves to Death, American cultural theorist Neil Postman argues that “the medium is the metaphor” — that is, the dominant ways in which people consume information influence that

Receive free Coronavirus economic impact updates We’ll send you a myFT Daily Digest email rounding up the latest Coronavirus economic impact news every morning. Central bankers have spent the past few years struggling with unknowns. Would the price of stuff fall as it became less of a nightmare to source it? Could companies slow their

ESPN is close to finalising a deal on broadcast rights with the emerging golf league TGL, according to people familiar with the matter, giving the upstart pro league helmed by Tiger Woods and Rory McIlroy a media partner as they prepare to launch next year. Terms of the deal, including value and duration, have not