CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Canadian alternatives giant Brookfield Asset Management hosted an investor day this week to explain its “tremendous opportunities”. One of them seems to be to administratively move its headquarters to New York. Companies relocate all […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The head of the World Trade Organization has asked Brussels to “relook” at a ban on imports from deforested areas that has angered dozens of countries, increasing pressure on the European Commission over the […]
CashNews.co Jay Newman was a senior portfolio manager at Elliott Management. Nick Kumleben is energy director at Greenmantle. Richard Carty was Managing Director of Morgan Stanley Principal Strategies and CEO of Bonanza Creek Energy Sovereign debt defaults are a disaster for private creditors, but folks owed money by Venezuela may soon have an opportunity to reset […]
CashNews.co Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Oil prices are likely to keep falling, the head of the International Energy Agency has said, as producers continue to pump volumes that exceed global demand. “Given the current weak demand and lots of oil […]
CashNews.co Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. The Bank of England has watered down plans to impose tougher capital rules on UK banks and delayed the introduction of the new regime until 2026. In a statement on Thursday, the BoE’s Prudential […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Commerzbank has discussed the future of its share buyback programme after Italian lender UniCredit built a 9 per cent stake in the German bank in what could be the opening move of a full […]
CashNews.co Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Many asset managers are having to cover large funding gaps following the […]
CashNews.co Ships have been bringing coking coal into Port Talbot’s deep water harbour for 50 years to feed the giant steel plant that dominates the Welsh town. Earlier this month, however, the port closed. No more ships will call because the plant’s two blast furnaces, which used the coke to make steel, are closing. Under […]
CashNews.co The price of oil has tumbled out of its year-long trading range as investors grow increasingly nervous about the impact of a slowdown in the world’s largest economies on the demand for crude. Brent crude, which had traded between around $73 and $92 since October last year, fell as low as $68.68 on Tuesday, […]
CashNews.co Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. The $1.3tn asset manager PGIM has become one of the biggest players in its industry to open an office in Abu Dhabi, as the oil-rich emirate seeks to build itself up as a financial […]