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Abrdn Plc
Abrdn shareholder sold out after losing confidence in management
...Harris Associates was previously one of Credit Suisse’s longest-standing shareholders, owning as much as 10 per cent of the bank’s shares in the year before it collapsed....
February 13, 2024
Fund management
Amundi to buy private markets specialist Alpha Associates
...Paris-based Amundi said on Wednesday that it had signed a binding agreement to buy Alpha Associates, a 20-year-old company based in Zurich that manages €8.5bn of assets....
February 7, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News updates from January 15: US-owned commercial ship hit by missile off Yemen, German output contracts 0.3% in 2023
Ukraine shoots down two Russian aircraft in south-east
...Ukraine shot down two Russian command and control aircraft in the south-east of the country late on Sunday, Ukraine’s commander-in-chief of the armed forces Valeriy Zaluzhny confirmed Monday morning....
January 15, 2024
News updates from February 16: Russian opposition leader Alexei Navalny dies, Trump ordered to pay more than $350mn in New York fraud case
Donald Trump and associates ordered to pay $364mn in New York fraud case
...A New York judge has ordered Donald Trump, two of his sons and some of his business associates to pay a total of $364mn in penalties for persistent fraud committed by his real estate empire, and banned the...
February 16, 2024
Letter
Letter: Community policing of social media won’t work
...Jon P Frey Philadelphia, PA, US...
January 3, 2024
Markets
Oil tops $90 and stocks tumble as Middle East tensions jolt markets
...Oil prices rose above $90 a barrel and US stocks tumbled as flaring tensions in the Middle East sent tremors through markets....
April 4, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from May 2: Apple’s revenue hit by falling China sales; Gazprom plunges to $7bn loss
Peloton chief executive Barry McCarthy steps down
...Peloton chief executive Barry McCarthy is to step down from his role as the company launches a new restructuring plan that will cut 15 per cent of its workforce....
May 2, 2024
Israel-Hamas war
Israel votes to shut down Al Jazeera in the country
...Israel’s far-right government has voted to shut down Al Jazeera, the Qatari-funded satellite channel, and prevent it operating in the country, accusing it of being a “mouthpiece for Hamas” and a threat to...
May 5, 2024
Live news: Israel retaliates against Turkey for cutting trade ties
US regulator shuts down Trump Media auditor BF Borgers
...The US Securities and Exchange Commission has shut down one of the most prolific auditors of US public companies, saying the firm, BF Borgers, and its founder Ben Borgers were responsible for “one of the...
May 3, 2024
Local elections 2024 live: Labour claims victory in Blackpool South and council elections
Conservatives lose control of North East Lincolnshire
...North East Lincolnshire voted 70 per cent to leave the EU in 2016....
May 3, 2024
Letter
Letter: The thrill of reading a trendy lefty newspaper
...So, as a subscriber, I was thrilled to read that the FT is a “trendy lefty newspaper” (“Reform UK defiant over Odey donation”, Report, February 2)....
February 7, 2024
Local elections 2024 live: Five takeaways from the results so far
Labour party claims win in East Midlands
...The Labour party has called the result in the new East Midlands mayoralty, saying that its candidate Claire Ward had beaten the Tories’ Ben Bradley “comfortably”....
May 3, 2024
Letter
Letter: How fentanyl crisis echoes imperial China opium wars
...From Marta Varela Philadelphia, PA, US Letter in response to this letter: Main harm accrues to the drug user with legalisation / From Michael Romberg, London W1, UK...
November 24, 2023
Israel-Hamas war
Antony Blinken tells Mahmoud Abbas that PA could play ‘central role’ in Gaza
...Blinken’s Middle East tour, which has also involved meetings in Tel Aviv, Amman and Baghdad, came as the Arab world and some western capitals stepped up calls for a ceasefire in the Israel-Hamas conflict...
November 5, 2023
Shrinkflation
South Korea cracks down on ‘shrinkflation’
...The Korea Fair Trade Commission said on Friday it was designating the practice of slimming down products while keeping their prices unchanged and not informing consumers as an “unfair transaction”....
May 3, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Singapore
Singapore’s Prime Minister Lee Hsien Loong to step down after 20 years
...A trading entrepot, Singapore has evolved into one of Asia’s main financial hubs while maintaining its neutrality between east and west....
April 15, 2024
Markets
Oil market shrugs off Israeli strikes on Iran
...Prices retreated after Iranian state media played down the damage from the attacks. Oil is currently below the level seen before last week’s drone and missile attack on the Jewish state by Tehran....
April 19, 2024
Peloton Interactive Inc
Peloton chief Barry McCarthy steps down
...Peloton chief executive Barry McCarthy is stepping down from his role as the exercise-bike maker launches a restructuring plan that will cut 15 per cent of its workforce....
May 2, 2024
Letter
Letter: West can learn from Ukraine’s ‘mosquito navy’
...Charlie Merwin Rose Valley, PA, US...
November 16, 2023
Letter
Letter: Defence spending needs some wartime solutions
...Gavin Greenwood Brighton, East Sussex, UK...
April 29, 2024
Letter
Letter: It’s a depressing fact but looks rule our internet age
...Tushar Garg Scientist, India’s National Innovation Foundation (NIF) Gandhinagar, Gujarat, IndiaFormer Associate, Goldman Sachs...
May 2, 2024
Caxton Associates LP
Hedge fund Caxton suffers in choppy year for bond markets
...Caxton Associates, one of the oldest and best-known global macro hedge fund managers, lost money in its two main funds in 2023, say two people who have seen the numbers, in a turbulent year for bond markets...
January 17, 2024
Middle Eastern politics & society
China says rival Palestinian factions express ‘political will’ to reconcile
...Wang Yi, China’s top diplomat, said last week that the country would “actively promote peace and stability in the Middle East and help ease the tension”....
April 30, 2024
Person in the News
Ekrem İmamoğlu, the Istanbul mayor facing down Erdoğan
...Özkan says this win came down to him being “a young person talking a different language, talking about equality, talking about quality of life . . . talking about democracy”....
April 6, 2024
Structured Investment Products
Ceci n’est pas un collateral
...Anyway, now that the initial shock about Altice has worn off, the banks are out calming everybody down....
April 9, 2024

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