Receive free Mergers & Acquisitions updates We’ll send you a myFT Daily Digest email rounding up the latest Mergers & Acquisitions news every morning. The writer is chair of the Federal Trade Commission In 2012 a New York-based private equity firm, from its Park Avenue offices, saw that there was a fragmented market for anaesthesia
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Receive free Instant Insight updates We’ll send you a myFT Daily Digest email rounding up the latest Instant Insight news every morning. So the Murdoch succession question is settled, wrapped up, finished — and without any of the drama of the HBO show based on a billionaire media family with an eerie similarity to Rupert’s.
Receive free Energy sector updates We’ll send you a myFT Daily Digest email rounding up the latest Energy sector news every morning. Russia has barred the export of diesel and petrol as crude oil prices rise towards $100 a barrel, marking a significant escalation that will raise fears Moscow is weaponising oil supplies in retaliation
Receive free Rupert Murdoch updates We’ll send you a myFT Daily Digest email rounding up the latest Rupert Murdoch news every morning. Rupert Murdoch is stepping down as chair of Fox and News Corp, marking the end of an era for the powerful media billionaire. Lachlan Murdoch, his elder son, will become sole chair of
Receive free UK interest rates updates We’ll send you a myFT Daily Digest email rounding up the latest UK interest rates news every morning. UK mortgage rates are expected to fall further after the Bank of England held interest rates at 5.25 per cent after almost two years of rising borrowing costs. Mortgage prices have
Receive free State pension updates We’ll send you a myFT Daily Digest email rounding up the latest State pension news every morning. The year is 2053, and a band of spry protesters wave placards outside parliament. Inside, a throng of ashen-faced MPs vote to pass new legislation. In Thockrington, Northumberland a groaning, creaking sound disturbs
Receive free UK interest rates updates We’ll send you a myFT Daily Digest email rounding up the latest UK interest rates news every morning. The Bank of England has held interest rates at 5.25 per cent after a knife-edge vote that is likely to signal the peak of borrowing costs in this cycle. Following better
‘If it’s going to drop, it’ll be by the end of next year but that feels like a long time away’ — Tunde, 38, in London’s Canary Wharf Several London commuters expressed unease that higher interest rates could prolong the cost of living crisis, with housing of particular concern. In the financial district of Canary
Receive free FT Magazine updates We’ll send you a myFT Daily Digest email rounding up the latest FT Magazine news every morning. Elon Musk calls working from home morally wrong. Google has begun including office attendance in its employees’ performance reviews. Amazon’s chief executive, Andy Jassy, who previously seemed relaxed about remote work, told staff
Receive free Lex updates We’ll send you a myFT Daily Digest email rounding up the latest Lex news every morning. There is no problem that private equity will not attempt to solve, including the problem of private equity itself. Interest rates have jumped and buyout exits have slowed amid a drought in M&A and new
Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Rishi Sunak said the green targets he was delaying were “not necessary” to meet the UK’s emissions obligations, despite concern from his government’s own climate advisory body. The prime minister on Thursday defended his decision to push
Receive free Markets updates We’ll send you a myFT Daily Digest email rounding up the latest Markets news every morning. European and Asian stocks fell and crude oil retreated on Thursday after the Federal Reserve signalled it could keep rates higher for longer in order to tackle stubborn US inflation. Europe’s region-wide Stoxx 600 and
Receive free UK public finances updates We’ll send you a myFT Daily Digest email rounding up the latest UK public finances news every morning. UK public sector borrowing was lower than the official forecast in August, adding to pressure on the chancellor to cut taxes ahead of the next general election. Data published on Thursday
Receive free Semiconductors updates We’ll send you a myFT Daily Digest email rounding up the latest Semiconductors news every morning. The writer is author of ‘Chip War’ What is the significance of Huawei’s new smartphone chip? The controversial Chinese telecoms company has attracted headlines because its new Mate 60 Pro phone has a sophisticated homegrown
Receive free Federal Reserve updates We’ll send you a myFT Daily Digest email rounding up the latest Federal Reserve news every morning. For months, Jay Powell has tried to scotch hopes that the Federal Reserve will perform an abrupt about-face when it reaches the apex of its historic rate-rising campaign. The US central bank chair
Receive free Oil updates We’ll send you a myFT Daily Digest email rounding up the latest Oil news every morning. Hedge funds are piling into the oil market betting that prices will soon pass $100 a barrel, adding impetus to a rally sparked by production and export cuts from Saudi Arabia and Russia. Riyadh’s extension
Receive free UK business updates We’ll send you a myFT Daily Digest email rounding up the latest UK business news every morning. The UK car industry will still have to meet mandatory electric vehicle sales targets from January, according to people briefed on the upcoming government rules, despite ministers pushing back a ban on petrol
Receive free Chinese equities updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese equities news every morning. Foreign investors have dumped a further Rmb23bn ($3.15bn) of Chinese equities so far this month following record outflows in August, despite tentative signs of an improvement in the world’s second-largest economy. Selling through
Stay informed with free updates Simply sign up to the Saudi Arabia myFT Digest — delivered directly to your inbox. Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto leader, has said Palestinians would be “very important” in any deal to normalise ties with Israel, as the two countries move closer to a historic agreement.
The Federal Reserve on Wednesday released projections from policymakers, known as the dot plot, signalling support for the funds rate to peak between 5.5% and 5.75% © Getty Images The Federal Reserve maintained its benchmark interest rate at a 22-year high on Wednesday, even as officials signalled support for further monetary tightening this year and
Rishi Sunak’s weakening of Britain’s net zero targets has prompted ire among ecologists, business leaders and many of his own MPs. But the UK prime minister believes he can win public support for his package of delays and tweaks to policies that impose financial burdens on voters — while creating a political trap for the