CashNews.co Stay informed with free updates Simply sign up to the Energy sector myFT Digest — delivered directly to your inbox. Engine No. 1, the hedge fund that bested ExxonMobil in a fight over its approach to climate change, is teaming up with the supermajor’s rival Chevron to build fossil fuel plants to meet soaring […]
The British Columbia Securities Commission’s got talent #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Financial & markets regulation myFT Digest — delivered directly to your inbox. If you’re a regulator trying to protect investors from fraud, there are two ways to go about it. One is to actually fight fraud. This is hard, and not getting easier. If […]
Hedge fund manager Steve Cohen still ‘bullish’ on AI after big sell-off #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The rapid emergence of China’s DeepSeek artificial intelligence group is “bullish” for the sector, said billionaire hedge fund manager Steve Cohen, who blamed Monday’s tumble in tech shares on misinformation. “Our view is that […]
Beijing-backed lending abroad boosts China’s dominance in clean energy minerals #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. China has built up control of critical minerals across the developing world over the course of two decades through a network of at least 26 state-backed financial institutions, according to a new […]
UK law firm suspends trading after management disputes #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A pioneer of the listed law firm model in the UK has suspended trading in its shares and said it was unlikely to find the funding required to secure its future, following long-running disputes […]
Mauritania’s bid to become an African energy hub #NewsMarket
CashNews.co This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning and welcome back to Energy Source, coming to you from New York. US power stocks plunged […]
The promise and peril of an offshore digital (government) dollar #NewsMarket
CashNews.co Vincient Arnold is a researcher at the Yale Program on Financial Stability and publishes research notes on his blog, Discursive Etc. The views expressed herein are his own. The United States would seriously like to maintain the supremacy of the US dollar as an international reserve currency, and BRICS coin — unseriously — would […]
Microsoft stifling competition in cloud services market, finds UK regulator #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK antitrust regulator has singled out Microsoft for using its dominance in software to stifle rivals in the £9bn UK cloud services market, as the watchdog warned competition “is not working”. An independent […]
France probes Binance over alleged money laundering and terrorist finance #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. France’s public prosecutor is investigating Binance on suspicion of breaking money laundering and terrorist financing laws, in the latest probe into the world’s largest cryptocurrency exchange. Binance is “likely to have assisted in habitual […]
Bank of England is squeezing small banks too hard #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Politicians want growth; bank regulators want safety. This puts the watchdogs in an unenviable position. If they relax the rules and the economy expands, they are unlikely to get credit. If it all comes […]