CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US energy group Venture Global has been valued at just above $60bn in its initial public offering, marking a climbdown from a much loftier target of more than $100bn. The company priced its IPO […]
Donald Trump calls on Opec to push down global oil prices #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 Donald Trump has called on Opec to push down global oil prices and insisted that central banks around the world lower interest rates “immediately” afterwards. In a speech to executives in Davos […]
When peak Chinese oil demand meets ‘drill, baby, drill’ #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 What happens when the world’s largest oil producer goes all-out to boost production just as the appetite of the world’s largest oil importer may be peaking? Demand from China — which has […]
global investors’ verdict on Rachel Reeves at Davos #NewsMarket
CashNews.co After weeks of sinking business confidence following her Budget tax increases, Rachel Reeves came to Davos with a clear goal: to re-set her relations with big investors. Her charm offensive in the Swiss resort included meetings with business leaders and public appearances in which she upbraided regulators, promised to ease lending rules, prioritised growth […]
Crypto executive freed after kidnap in France #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. The co-founder of crypto start-up Ledger has been freed after being kidnapped in central France. The Paris prosecutor said police were still investigating the incident, which began when assailants took David Balland from his home […]
HSBC shuts payments app Zing a year after launch #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 is shutting its payments app Zing just a year after it launched the digital challenger, marking the latest closure of a fintech offshoot by a big bank. “Following a strategic review of Zing […]
‘Gas is back in vogue’ as Trump embraces fossil fuels #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 New York. The consequences of Donald […]
LNG tankers change course to Europe as gas storage levels drop #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tankers carrying liquefied natural gas are changing course in the Atlantic and heading to Europe, as cargo owners look to profit from a market hit by the loss of Russian pipeline gas flows through […]
Fed to keep rates on hold for ‘foreseeable future’, Pimco says #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 Federal Reserve is poised to keep interest rates on hold “for the foreseeable future” and could even boost borrowing costs, as central bankers await clarity on Donald Trump’s policies, said bond […]
BP is a victim of wishful thinking on fossil fuels #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump’s inaugural address as US president this week included a eulogy to fossil fuels and the “liquid gold under our feet”. Despite BP’s large oil and gas operations and reserves in Texas and […]