CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. FTX co-founder Gary Wang has avoided prison time after his swift co-operation with prosecutors helped seal the criminal conviction of the crypto exchange’s other founder Sam Bankman-Fried. At a hearing on Wednesday, Judge Lewis […]
The enriched uranium market is all at sea #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 Atlantic Action II is stuck in limbo far from the ocean after which it was named. Five days after Russia imposed tit-for-tat restrictions on exports of enriched uranium to the US, the 14-year […]
Sage shares surge 19pc as UK software group launches buyback #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sage shares rose by almost a fifth as the UK software group reported a jump in annual operating profits, launched a £400mn share buyback and increased its dividend. The FTSE 100 company, which provides […]
Uganda targets 2027 start for world’s longest heated oil pipeline #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The world’s longest heated oil pipeline is “still viable” and will be operational in the next three years despite financing delays blamed on activists’ protests, according to a Ugandan minister who defended […]
The US consumer is fine (but no better) #NewsMarket
CashNews.co This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Wall Street billionaire and Trump transition chair Howard Lutnick has been nominated for secretary of commerce. It’s […]
Low growth and high debt risk Eurozone crisis, ECB warns #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. The Eurozone risks another debt crisis if the bloc cannot boost growth, lower public debt and fix “policy uncertainty”, the European Central Bank has warned. In its annual Financial Stability Review, published on Wednesday, […]
The valuation warning for Costco and other higher-rated stocks #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 writer is founder and chief executive of Trivariate Research Equity investors who are used to buying low and selling high have struggled for a long time in the US. Many stocks that appear to […]
Citadel Securities aims to become big player in Eurozone bond trading #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Citadel Securities is aiming to become a “material” player in Eurozone government bond trading by next year after building a team of traders in Paris and securing valuable access to German debt auctions. The Miami-based […]
How oil ‘wildcatters’ ended up in charge of Donald Trump’s energy policy #NewsMarket
CashNews.co As Donald Trump sat in his Mar-a-Lago resort on election night, two of American oil’s most influential men were just feet away, toasting his victory: North Dakota governor Doug Burgum and shale magnate Harold Hamm. They had been stalwarts on the Republican’s campaign for months: Burgum, who had briefly made his own bid for […]
BlackRock and Amundi zero in on concentrated ‘mega-cap’ ETFs #NewsMarket
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 BlackRock and Amundi are lining up heavily concentrated US “mega-cap” exchange traded […]