One of the cryptocurrency industry’s highest-profile hedge fund firms has been accused of “criminal” mismanagement and raided by a Swiss prosecutor, in a dispute with an investor over losses suffered following the collapse of crypto exchange FTX. Geneva-based Tyr Capital Partners is alleged to have ignored an internal risk limit and investor warnings over its
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is author of ‘Black Wave’, distinguished fellow at Columbia University’s Institute of Global Politics and an FT contributing editor On Sunday, Israel’s prime minister, Benjamin Netanyahu, and his cabinet approved a resolution rejecting
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer, a former universities minister, is a visiting professor at King’s College London and chairman of global digital skills platform FutureLearn Universities need a concordat with government on international students. Political support for them
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US is circulating a UN Security Council resolution warning Israel against a “major ground offensive” into Rafah, the city in Gaza near the Egyptian border where about 1.5mn people are sheltering from the conflict
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Capital gains in the UK are highly concentrated in a small and wealthy set of parliamentary constituencies, suggesting most voters would not be hit by higher taxes on the profits, according to research. Less than
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
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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kemi Badenoch and the former Post Office chair were locked in a war of words on Monday, as the business secretary accused Henry Staunton of making “wild, baseless allegations” about the government’s handling of the
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
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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bayer has announced plans to slash its dividend by 95 per cent as the German conglomerate steps up its effort to bring down its debt eight years after its ill-fated acquisition of Monsanto. The German
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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a Republican senator from Ohio and author of ‘Hillbilly Elegy’ The United States has provided a blanket of security to Europe for far too long. In the aftermath of the cold war,
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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s economy shrank almost 20 per cent in annualised terms in the final quarter of 2023, official data showed, as it poured resources into its conflict against Hamas in Gaza. The sharp drop in gross
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chair of the UK Statistics Authority has admonished Treasury ministers for making potentially misleading claims about the level of personal taxation in Britain — his third such intervention in three months. The rebuke by
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s cabinet has discussed restricting access for some Muslims to the al-Aqsa mosque in Jerusalem during Ramadan, in a move that further inflames tensions during its war with Hamas, especially with the Palestinian citizens of
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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Chinese lunar new year gives every shopper a reason to splurge. During the holiday, wearing new clothes — especially red ones — symbolises getting a fresh start to an auspicious year and ushering in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeff Bezos is back on the market. For the first time since late 2021, Amazon’s founder and executive chair is selling shares in the company, adding billions of dollars to his net worth. So far
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