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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Volkswagen’s high-stakes bid to woo US consumers with its electric vehicles in a slowing market was a risky endeavour from the start. But with Donald Trump’s return to the White House, the American dream of Europe’s largest carmaker is looking more fraught than ever. With its market share in China almost halving to 12 per
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Record numbers of US executives are selling shares in their companies, as corporate insiders from Goldman Sachs to Tesla and even Donald’s Trump’s own media group cash in on the stock market surge
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. JPMorgan’s UK digital-only bank is rolling out its first credit card to customers, expanding into lending after amassing more than £20bn in deposits in three years. JPMorgan, which is the largest bank in the US
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world European leaders should be prepared to send military forces to Ukraine to underpin any peace deal engineered by Donald Trump between Kyiv and Moscow, Estonia’s foreign minister has said. Margus Tsahkna told the
Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. The story of Britain’s labour market over the past decade or so could be summed up as “quantity over quality”. Plenty of jobs have been created and unemployment has remained pretty low. At the same
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Which is worse? Having someone describe your ethnicity in a way that you dislike, or having someone knock on your door in the dead of night, demand your proof of residence and bundle
At Legal & General’s annual meeting in May 2022, a shareholder took to the floor to air some grievances — not about the performance of the FTSE 100 insurer but that of KPMG, its auditor. “Don’t we as a company with an enormous reputation deserve to have auditors of the very highest reputation too,” he
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The world’s biggest economies have signalled weakening support for Ukraine, issuing a joint declaration that watered down previously agreed criticism of Russia’s war against the country and included only a broad reference to
Donald Trump’s social media company is in advanced talks to buy Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange, as it pushes to expand beyond online conversation. The US president-elect’s Trump Media and Technology Group, in which he has pledged to retain his 53 per cent stake, is closing in on an all-share purchase
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The Port Authority of New York and New Jersey plans to replace the AirTrain system at Newark International Airport, and project costs are skyrocketing.Bloomberg News Newark Liberty International Airport’s long-awaited train system has blown past its budget by $1.45 billion to $3.5 billion. The Port Authority of New York and New Jersey voted Thursday to
Santa Barbara, California, will tap the municipal bond market this week, largely to fund a new police headquarters.Adobe Stock One of Southern California’s wealthy cities is tapping the municipal bond market to build a new police station and renovate an oceanfront park. Santa Barbara — where the median home sells for roughly $2 million —
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US has said it would warn the Turkish government that there could be “no more business as usual” with Hamas after members of the Palestinian militant group’s political leadership reportedly moved to