CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity-backed petrol station company EG Group has fired the starting gun on a stock market listing in New York, expected to come as early as this year. The initial public offering, which could […]
Is US inflation set to rise further? #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 blowout US payrolls report on Friday has caused investors to further dial back their expectations for interest rate cuts and put even greater focus on next week’s inflation figures. Economists polled by Reuters […]
US activist Boaz Weinstein wants to be ‘white knight’ of UK stock market #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US hedge fund boss Boaz Weinstein has said he wants to be a “white knight” for UK investors and the London stock market by buying into the £266bn investment trust sector. The founder of […]
Uranium prices hit record as thirsty AI data centres add to market squeeze #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 price of fuel for nuclear reactors has surged to a record high as demand from artificial intelligence data centres exacerbates a squeeze on the market following Russia’s invasion of Ukraine. Prices for enriched […]
Wall Street regulation needs a rethink under Donald Trump #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is a professor of finance at the Stanford Graduate School of Business and a senior fellow at the Hoover Institution The US banking system is burdened by a convoluted regulatory […]
Fintech IPOs return with precious little credit in the bank #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Financial technology start-ups often talk as if they are blazing new trails through a world of staid incumbents. Any investors getting excited about an upcoming wave of fintech IPOs, however, should remember that we […]
Labour intensifies push for growth to avoid ‘disastrous’ tax rises #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 government is drawing up fresh growth initiatives in an effort to avoid “disastrous” tax increases after a punishing week in the markets that threatens to derail its policy agenda. UK borrowing costs […]
American Airlines’ use of ‘ESG activist’ BlackRock failed workers, US judge says #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the ESG investing myFT Digest — delivered directly to your inbox. A US federal court has ruled that American Airlines has failed workers by picking BlackRock to manage part of its pension scheme, with a judge claiming the world’s largest asset manager was tainted by […]
Chinese toymaker taps ‘kidult’ craze as shares soar on Hong Kong debut #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Asia-Pacific companies myFT Digest — delivered directly to your inbox. Shares in Bloks Group, a maker of Transformers and other toy figurines, as much as doubled on their Hong Kong debut on Friday, making a billionaire of their founder and underlining the surge in […]
The Lamentation of David Einhorn #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Greenlight Capital’s David Einhorn has long been talking about how markets are “fundamentally broken”, but he reckons things will get much worse before they get better — if they ever do get better. FT […]