Saudi Arabia is mandating that leading Chinese technology companies invest in the Gulf kingdom in return for huge deals, as it leverages its petrodollar wealth to boost its domestic tech industry. Alibaba and SenseTime are among the top Chinese groups to have secured deals worth hundreds of millions of dollars with Saudi Arabia over 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. Pension funds are piling into UK corporate bonds, encouraging some French and German companies to issue sterling debt for the first time. The UK’s £1.4tn “defined benefit” pensions industry has been switching to corporate debt
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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. Financial data company S&P Global is nearing a deal to buy research platform Visible Alpha for more than $500mn from a consortium of investment banks including Goldman Sachs, Jefferies and UBS, according to people familiar
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Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. US lender Capital One is nearing a deal to buy rival Discover Financial, according to a person familiar with the matter, in a tie-up that would unite two of America’s largest credit card companies. A
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Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. The International Court of Justice has begun hearings into the legality of Israel’s 56-year occupation of the Palestinian territories, including whether the expansion of Jewish settlements violates the Geneva Conventions. The proceedings
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Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Ofcom is investigating whether an hour long Q&A with Prime Minister Rishi Sunak aired on GB News has breached UK broadcasting rules.  The media watchdog on Monday said the show, People’s Forum: The Prime Minister, received
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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 would be comforting to believe that the death of Alexei Navalny will finally make Vladimir Putin an international pariah. But recent history and current politics suggest otherwise. It is sadly likely that Russia’s leader
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Stay informed with free updates Simply sign up to the Russian politics myFT Digest — delivered directly to your inbox. Russian officials have refused to tell Alexei Navalny’s family the probable cause of his death or whereabouts of his body, which the late opposition activist’s team claim is a Kremlin-orchestrated cover-up. Navalny’s mother Lyudmila and
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