CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Venture Global, one of the biggest US liquefied natural gas exporters, is seeking to go public at a valuation of $110bn, as the industry readies for a potential boom in fuel shipments under the […]
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Cleveland-Cliffs and Nucor are set to launch a joint bid to acquire US Steel just weeks after US President Joe Biden blocked the $15bn takeover of the Pennsylvania-based group by Japan’s Nippon […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The lack of confidence in the British economy has become infectious. From businesses it has now spread to financial markets. Last week investors dumped gilts and sold the pound, as concerns over the UK’s […]
CashNews.co Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. EU shipyards are repairing Russian ice-class tankers and offering them dry dock facilities, enabling Moscow to continue moving gas through the Arctic despite western sanctions on its energy sector. Without the maintenance work […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russian energy group Gazprom is considering plans to axe 1,600 jobs — a record number — as the company struggles with plummeting gas sales in Europe and sanctions against its oil arm in the […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A telecoms group with ties to two Russian-linked sanctioned oligarchs plans to list its Ukrainian business in New York via a special purpose acquisition company, after its corporate rights in the subsidiary were unfrozen […]
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world America’s biggest banks are set to post a jump in profits to $31bn for the final three months of 2024 as Donald Trump’s election victory sparked a jolt of trading activity on […]
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 investment trust sector is in trouble. Talk of an existential crisis is not an overstatement. Rather like ETFs, closed-end investment funds invest in other companies. But unlike ETFs, they have a fixed […]
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Crude prices on Monday reached their highest level since August as Indian and Chinese refiners scrambled to find alternative supplies after tough new US sanctions targeting Russian oil revenues. Brent crude, the […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. We marked last week’s UK market ructions with a prediction of further weakness in sterling and a continued rise in gilt yields. Societe Generale’s Sám Cártwríght has summed up the situation neatly: A toxic […]