CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Southern Water would default on its debt if Moody’s and S&P further downgraded the utility’s credit rating, just as it borrowed £300mn from hedge funds. The heavily indebted group, which is controlled by Australian […]
CashNews.co When a student podcast asked incoming Schroders chief executive Richard Oldfield about the most important lessons from his career, his answer was unequivocal. “Never, ever put off a difficult decision,” he told the interviewer from the London School of Economics in February. A painful trading update on Tuesday that sent the FTSE 100 asset […]
CashNews.co Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. China has picked Saudi Arabia as the venue for its first sale of US dollar sovereign bonds in three years, underlining its backing for the oil-rich kingdom’s bid to become an investment […]
CashNews.co This is an on-site version of the US Election Countdown newsletter. You can read the previous edition here. Sign up for free here to get it on Tuesdays and Thursdays. Email us at [email protected] Before we get to it, a quick programming note: while the countdown to election day is over, we’re not going anywhere. This newsletter […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stock markets are shrivelling, as the burden of public reporting, the growth of private equity and the torrential outflows from mutual funds sap public markets of their old vim. IPOs have become endangered. Hope, […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia and other members of Opec+ have delayed a plan to begin raising oil production until the end of the year, as the group tries to revive crude prices that have continued to […]
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 competition regulator has paved the way for the £16.5bn domestic merger of Vodafone and CK Hutchison’s Three UK as long as the companies address competition concerns. The Competition and Markets Authority on […]
CashNews.co Canada’s Trudeau government is under sustained attack over its stance on energy and climate change, as oil-rich states led by Alberta hit out at federal efforts to slow emissions while watchdogs and activists call for more action. Ahead of the UN COP29 climate summit in Azerbaijan next week, Canada set out on Monday how […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. State Street’s asset management arm is looking to buy a stake in a private credit or infrastructure manager, as one of the world’s largest passive fund managers tries to boost its presence 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. Richard Oldfield, the incoming chief executive of Schroders, vowed to improve the asset manager’s “focus and execution” as the group warned on Tuesday that it faced outflows of about £10bn this quarter. The announcement […]