CashNews.co For a Labour chancellor it was a bold move: Rachel Reeves went to Davos and told an audience of global plutocrats that she wanted to make their lives easier by creating a riskier regulatory environment for UK consumers. Far away from the Swiss Alps, Reeves’ offensive against regulators was cheered on by right-wing Conservatives, […]
CashNews.co Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. European banks are on course to return close to €123bn to shareholders for the second consecutive year as lenders lift dividends above their pre-financial crisis peak and buybacks soar. The largest listed European and […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. You are one lender, among a group of lenders, who, at some point in time, extended a syndicated loan of mysterious purpose and unknown quantum to the oil-rich but currently quite broke African nation […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has told state-owned insurance funds to invest more in the country’s domestic stock market as authorities try to boost equities. This is the first time regulators have set explicit investment targets for mutual […]
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 pardoned Ross Ulbricht, who was sentenced to life in prison in 2015 for masterminding an online marketplace for illegal drugs and hacking services. On his second day in office, […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels has proposed extending EU banks’ access to UK derivatives clearing houses for another three years in a victory for the City of London. The European Commission on Wednesday announced it had tabled a […]
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, has dramatically scaled back its IPO plans, dealing a blow to Wall Street’s hopes for a rebound in equity capital markets activity this […]
CashNews.co Antitrust lawyers have questioned the “extraordinary” decision by ministers to force out the chair of Britain’s competition watchdog, suggesting that it could have a “chilling” effect on other UK regulators. The government confirmed the departure of Marcus Bokkerink as chair of the Competition and Markets Authority on Tuesday evening, after the Financial Times reported […]
CashNews.co Stay informed with free updates Simply sign up to the European companies myFT Digest — delivered directly to your inbox. Record cocoa prices are prompting chocolate buyers to postpone orders and attempt to renegotiate pricing, according to chocolate maker Barry Callebaut. Cocoa prices have almost tripled in the past year as extreme weather and […]
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 has been in something of a bind. As the cost of its borrowing has risen since the autumn, the chances of meeting its main self-imposed fiscal rule — to borrow only […]