CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Companies that import critical minerals into Britain for use by manufacturers will be able to obtain financing for the first time from UK Export Finance, Rachel Reeves will announce in the Budget on Wednesday. […]
BlackRock leads opposition to new US limits on bank ownership #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. BlackRock is launching a broad-based counterattack on a regulatory effort to limit the influence of large fund managers over US banks, saying it will drive up investor costs and “disrupt the flow of […]
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CashNews.co Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Subscribe to unlock this article Try unlimited access Only $1 for 4 weeks Then $75 per month New customers only Cancel anytime during […]
Rachel Reeves’ new rules #NewsMarket
CashNews.co MainFT: Rachel Reeves has confirmed she will change the UK’s fiscal rules in her Budget next week as she seeks to fund about £20bn a year of extra investment with increased borrowing… Reeves is set to adopt a gauge called “public sector net financial liabilities” (PSNFL), according to people briefed on Budget discussions. The […]
Jupiter vetoes handing fund to star manager Ben Whitmore #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jupiter fund group will retain £616mn run by its outgoing star stockpicker Ben Whitmore after debating whether to let him manage the money from his new venture. The FTSE 250 asset manager had weighed […]
Eni to sell 25% stake in biofuel unit to KKR #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italian energy major Eni has agreed to sell a 25 per cent stake in its biofuel unit to KKR for €2.94bn as it seeks to fund its energy transition through a series of co-investments. […]
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CashNews.co Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Subscribe to unlock this article Try unlimited access Only $1 for 4 weeks Then $75 per month New customers only Cancel anytime during […]
Capital barriers in Africa could ‘fracture’ the energy transition #NewsMarket
CashNews.co This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning, and welcome back to Energy Source, coming to you from Wallingford, Connecticut, where Norwegian manufacturer Nel […]
HSBC Hong Kong joins China’s alternative to Swift global payments system #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC Hong Kong has joined China’s international payments system as a direct participant, giving the world’s biggest player in trade finance a key role in Beijing’s push to expand use of the renminbi. The […]
AI that can control your computer #NewsMarket
CashNews.co Boeing’s machinists voted on Wednesday to reject the company’s latest offer and the US has finalised long-awaited ‘open banking’ rules, hoping it will inject more competition into the market. Plus, Deutsche Bank reported a record third-quarter profit and artificial intelligence start-up Anthropic has built a virtual agent that can perform tasks on a computer. […]