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 of Candor Partners There has been much discussion about pensions funds being big sellers of listed UK equities but who do you think has been among the big buyers? It’s […]
Shell claims LNG group ‘wrongfully earned’ $3.5bn on shipment arbitrage #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Energy sector myFT Digest — delivered directly to your inbox. Shell is alleging US liquefied natural gas provider Venture Global “wrongfully earned” $3.5bn by failing to deliver shipments to European customers under long-term supply contracts and instead sold them on high-priced spot markets when […]
Chinese banks’ loss-absorbing bonds may never be bailed in, say analysts #NewsMarket
CashNews.co China’s biggest banks are preparing to issue hundreds of billions of dollars in loss-absorbing bonds designed to avoid bailouts, but rating agencies nevertheless expect Beijing to support the nascent market in times of crisis. Crafted in the aftermath of the 2008 financial crisis, global rules for so-called total loss-absorbing capacity (TLAC) require major banks […]
Treasuries rally after data shows US job market slowing #NewsMarket
CashNews.co Treasuries rally after data shows US job market slowing Read More #cashnews #newsfinace #finance #FollowsCashnews
Joe Biden set to block Nippon Steel’s takeover of US Steel #NewsMarket
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 President Joe Biden is set to block Nippon Steel’s acquisition of US Steel after his administration concluded that the $14.9bn transaction posed a national security risk that could not be mitigated […]
U-turn on fraud refunds prompts UK payment companies to call for more changes #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. City companies have called for more changes to the UK’s planned regime for requiring banks to refund victims of payments fraud after regulators angered consumer groups by slashing the compensation limit to £85,000. The […]
US manufacturing is not a recession red flag #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 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 […]
Does ESG investing count as free speech? #NewsMarket
CashNews.co This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around […]
Greek banks’ comeback could be capped by a legacy of their crisis #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Southern European economies continue to outperform the core. Banking sectors once laid low by the sovereign debt crisis have staged a remarkable recovery. In Greece, bank shares have doubled on average since the end […]
Abu Dhabi to invest billions in ExxonMobil’s Texas hydrogen project #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 crown prince of Abu Dhabi has thrown his weight behind a huge but uncertain hydrogen project in Texas, offering to buy 35 per cent of ExxonMobil’s plant in Baytown, Houston. Sheikh Khaled bin […]