Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British car exports to Canada are facing tariffs of more than 6 per cent within days, as a deadlocked trade spat between the two allies descended into further acrimony on Wednesday. British government officials said
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. US Treasury secretary Janet Yellen plans to warn China not to flood the world with cheap clean energy exports, saying they would distort global markets and harm workers. Yellen was due to deliver her message
Enjoy complimentary access to top ideas and insights — selected by our editors. As Women’s History Month comes to a close, The Bond Buyer highlighted the trailblazing women of the public finance industry. From bankers to bond counsel and city CFOs to state treasurers, the private and public sectors include leaders in the municipal market
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Formula One owner Liberty Media is in exclusive talks to buy the company that owns MotoGP for more than €4bn, in a deal that would unite the elite car and motorcycle racing series, according to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Carmakers are preparing for months of lower sales as they reroute shipments away from Baltimore following the collapse of the Francis Scott Key Bridge, while insurers have warned of multibillion-dollar claims stemming from the disaster.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bain Capital has promoted one of its top dealmakers in Asia to co-managing partner, the highest position at the asset manager, as the broader buyout industry grapples with succession planning. According to a letter to
Following a long period of poor financial management, during which two mayors pleaded guilty to corruption charges, Paterson, New Jersey, has rejoined the ranks of investment-grade municipal credits, following Moody’s Ratings’ recent upgrade of the city’s general obligation bond rating to Baa3 from Ba1. “The upgrade to Baa3 recognizes the city’s progress toward maintaining an
When it comes to women’s advancement in public finance, Samantha Costanzo is clear-eyed yet optimistic. The former Citi banker earlier this month was tapped by Huntington National Bank to become the firm’s head of public finance, the fourth woman to ascend to the role in the municipal industry. She describes the question of equal representation
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is a sad but undeniable aspect of the internet era that debate is too often dominated by the loudest and ugliest voices. Reputations and platforms are built on rage. Strong opinions and emotions are
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of raw sewage discharges into rivers and seas in England and Wales hit an all-time record in 2023, according to official figures that sparked calls for Rishi Sunak’s government to declare a national
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brace yourself, Nicole Shanahan. Most Americans have not heard of the ex-wife of Google’s co-founder, Sergey Brin. Having being introduced on Tuesday as Robert Kennedy Jr’s running mate, Shanahan’s life will now be turned inside
There’s a lot more than $10,000 at stake in the University of Chicago Harris School of Public Policy’s 2024 Policy Innovation Challenge, but that’s what the winning team of students will take home, along with a chance to influence decision-making on the Gordian knot of Chicago policy questions: public pensions. The city currently has $31.8
A ‘For Sale’ sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Florida. Joe Raedle | Getty Images The usually busy spring housing market is underway, but mortgage demand isn’t moving. Application volume was essentially flat last week, dropping 0.7% compared with the previous week, according to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England is probing how UK businesses would be hit by the reversal of a long-running private equity boom, officials said, as they escalated warnings about leverage, transparency and valuations. The BoE’s financial
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tom Hayes has failed in his attempt to overturn his conviction for rigging an interest rate benchmark as the Court of Appeal in London upheld the guilty verdict handed to the former UBS and Citigroup
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UBS has agreed to sell $8bn worth of loans to private capital group Apollo, as it winds down parts of its investment bank linked to the purchase of Credit Suisse last year. Apollo originally entered
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Endeavour Mining said an investigation into former chief executive Sébastien de Montessus had discovered two more “deliberately disguised” payments totalling $15mn to an unnamed third party. The London-listed gold miner fired de Montessus in January,
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. China’s President Xi Jinping met a group of US chief executives on Wednesday as American business leaders sought to mend ties frayed by geopolitical and trade tensions between the world’s two largest economies. The gathering
It took Israel’s military several weeks and three divisions, backed by heavy air and artillery strikes, to reach and attack Gaza’s al-Shifa hospital last year. Last week a small force of commandos and tanks, numbering little more than a brigade, about 1,000 troops, encircled the strip’s largest medical facility in a matter of hours. Yet
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Maybe there should be some more defendants in this case,” Judge Kevin Castel wondered aloud during a 2020 federal trial he was overseeing. There was, however, only one person being tried: Mohammed Ali Rashid, a
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US small-cap stocks are suffering their worst run of performance relative to large companies in more than 20 years, highlighting the extent to which investors have chased megacap technology stocks while smaller groups are weighed