CashNews.co Italians are in a froth over the future of their cheap espressos as global coffee bean prices surge. Long accustomed to ultra-affordable shots — prices were once even regulated by the state — Italians are growing restive at prices set to increase by as much as two-thirds. “Everybody is quite nervous, afraid and panicking […]
CashNews.co Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Shares in Trump Media & Technology Group jumped as much as 27 per cent on Friday after Donald Trump, the former US president and the social media group’s majority owner, said […]
CashNews.co Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Investors have sharply increased their bets on a half-percentage-point interest rate cut by the Federal Reserve next week, as the US central bank prepares to lower borrowing costs for the first time in […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Bankman-Fried’s criminal conviction over the collapse of FTX should be vacated in part because the cryptocurrency exchange’s former lawyers at Sullivan & Cromwell “did an enormous amount of investigative work for the prosecution”, […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Rachel Reeves has opened the door to an overhaul of the way the Treasury handles central bank losses, as she seeks ways of easing pressure on the public finances in her upcoming […]
CashNews.co Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and Saturday morning. Standard subscribers can upgrade to Premium […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Companies should raise funds at good rates when they can get them. That is common sense. But adding $450mn-plus to a $4bn hoard without detailing plans for the cash? That is plain cheeky. Investors […]
CashNews.co First off, thanks to all those FT Weekend Festival-goers who packed out the Money tent on Saturday. No doubt lost trying to find Robert Harris or the live cryptic crossword solve-along, it was kind of you not to scamper when I mounted the stage. It explains the high-level questions, though. And the fascinating show […]
CashNews.co Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. The Bank of London was readying plans this summer for a solvent wind-down in case it was not able to raise enough money in time to boost its capital buffers, according to two people […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Hague will become the world’s first city to write into law a ban on advertising that promotes fossil fuels, petrol cars, air travel and cruise ships, in the latest in a wave of […]