Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. More than a dozen smaller EU states fought back against efforts to unify Europe’s fragmented capital markets, highlighting the torturous politics around the decade-long financial reform effort. France recently led a push — backed by
Stay informed with free updates Simply sign up to the Cyber Security myFT Digest — delivered directly to your inbox. A few weeks ago, a friend was about to have life-saving brain surgery in Boston when her operation was suddenly cancelled. The reason? A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack,
A much-anticipated $2 billion borrowing from Florida’s Brightline passenger train could price as soon as next week — if the company succeeds in placing another roughly $2.75 billion of debt. Investors met this week with the Brightline Trains Florida LLC finance team, led by Morgan Stanley, in a series of meetings on the East Coast
The Puerto Rico Oversight Board is working to block a law that would decrease revenues for the Puerto Rico Electric Power Authority over the next 27 years by extending the solar net metering system. The board’s PREPA fiscal plan said the continuation of net metering, where solar panel users are credited with the retail price
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump’s “hush money” case hit a fresh snag on Thursday as one of seven painstakingly selected jurors was sent home after family and friends pieced together her identity from publicly reported details, while another
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The IMF has warned that the Israel-Hamas war is likely to have a long-lasting impact on the Middle East and north Africa, as its managing director said that Gaza’s economy was “wiped out”. In its
Peter Cade | Stone | Getty Images Buyers of newly built homes can come across a number of sticker shocks. In February, the median sale price for new construction sold in the U.S. was $400,500, according to the U.S. Census Bureau and the Department of Housing and Urban Development. More from Personal Finance: Should you
Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Sales of previously-owned homes dropped 4.3% in March compared with February, to a seasonally adjusted, annualized rate of 4.19 million units, according to the National Association of
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Two, seemingly contradictory, stories are told about the impact of artificial intelligence. The first is that the industry will be dominated by a handful of giant tech companies, which boast the data, compute power and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tehran has warned Israel it could review its nuclear stance if its atomic facilities are threatened, as tensions rise following Iran’s attack on Israeli territory last weekend. Iran’s Revolutionary Guards said on Thursday it may
When it comes to issuing municipal bonds in Louisiana, state Treasurer John Fleming like things just the way they are. Fleming is pushing back against a proposal in the state Legislature that would make changes to the way the state Bond Commission oversees the issuance of debt by cities, counties and local governments and entities.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone has said it will take time for private equity firms, which are sitting on record amounts of unsold assets, to return cash to investors even as the market for mergers and acquisitions comes back
Liz Truss would love it if, for one week only, this feature could be known as “Lunch with the Deep State”. After all, only a few weeks ago, Truss launched an audacious attempt to become the FT’s new global brand ambassador, waving a copy of the newspaper around at a rightwing conference in Washington, declaring
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ken Griffin’s Citadel has agreed a ‘‘dramatic increase” of its London office footprint, with a deal to move into British Land’s new flagship City tower. Hedge fund Citadel and its sister firm, market-maker Citadel Securities,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A fifty-something friend emailed the other day: “Will likely stop full-time work this year . . . retirement beckons!” I was surprised, because it seemed only about 15 minutes ago that he’d been my twenty-something student-housemate, sprawled on the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two senior women are leaving BP in the first major changes to the company’s management team since the departure last year of chief executive Bernard Looney in a scandal over his past relationships with colleagues.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Qatar’s prime minister has said the Gulf state is re-evaluating its role mediating between Israel and Hamas to secure a ceasefire and the release of hostages held in Gaza, saying Doha’s efforts were being undermined
Jeffrey Scruggs, Head of Public Sector and Infrastructure Group at Goldman Sachs, sits down with Bond Buyer Executive Editor Lynne Fun Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Lynne Funk (00:09):Hello everyone and welcome to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hipgnosis Songs Fund, the listed UK music rights investment company, has agreed to a $1.4bn takeover from Apollo-backed rival Concord Chorus. The deal follows a strategic review by the company’s board after it lost a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A UK Conservative MP has been suspended from the parliamentary party pending an investigation into allegations that he misused campaign funds. Mark Menzies, MP for Fylde and a government trade envoy, has been accused of
In April last year, a group of nearly 60 EU officials travelled to Sweden on a fact-finding mission to meet Nasdaq Stockholm, operator of the country’s highly successful stock market. During a two-hour session on “capital markets ecosystems”, the exchange’s executives explained why so many small and medium-sized businesses are deciding to list in Stockholm.