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High Speed Two Ltd
HS2 considers scrapping first-class seats to maintain passenger capacity
...First-class seats could be scrapped on Britain’s new High Speed 2 train line as officials look for ways to avoid a drop in passenger capacity on the troubled rail link after Rishi Sunak tore up much of the...
January 26, 2024
Signa Holding
Signa company failed due to illicit financial transactions, creditors allege
...Benko — a paper billionaire by his early 30s — filed for personal insolvency in Austria last week....
March 12, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Japanese business & finance
MS Amlin owner to ramp up London underwriting capacity
...The Japanese owner of Lloyd’s of London underwriter MS Amlin plans to boost its underwriting capacity in the capital’s specialist market by half to £3bn in the next five years, as it invests in the UK hub...
February 15, 2024
News in-depthDonald Trump
Donald Trump masks his rage as ‘hush money’ trial starts
...Instead, he had to settle for the moral support of Andrew Giuliani, the son of the former New York City mayor and his erstwhile lawyer Rudy....
April 23, 2024
Climate change
World coal capacity growth jeopardises peak emissions forecasts
...As coal is the largest contributor of energy-related emissions, Lamboll said the growth in coal capacity could jeopardise this....
April 11, 2024
UK GDP
Official data confirms UK economy slipped into recession last year
...Official statistics published on Thursday confirmed the UK economy slipped into a technical recession in the second half of last year....
March 28, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
News updates from March 4: US Supreme Court rules Trump can remain on Colorado ballot; aviation regulator finds compliance issues at Boeing
Cinven set to buy majority stake in fund administrator Alter Domus from Permira
...UK private equity group Cinven is set to acquire a majority stake in fund administrator Alter Domus from Permira, according to people familiar with the matter, in a deal that highlights rising interest from...
March 4, 2024
Micron
Micron secures $13bn in US support to expand chipmaking capacity
...The funding will go towards two new manufacturing plants in Clay, New York, as well as a plant in Boise, Idaho, where Micron has its headquarters....
April 25, 2024
ReviewNon-Fiction
Salman Rushdie’s fearless memoir Knife uses his assassin’s blade as a ‘reckoning’
...For Rushdie, the fiction helps him overcome the urge to confront his attacker in the flesh....
April 17, 2024
Oil & Gas industry
Qatar to increase LNG export capacity in bet on Asian demand
...Demand for LNG climbed in the wake of Russia’s full-scale invasion of Ukraine in February 2022 as Europe tried to replace lost Russian pipeline volumes....
February 25, 2024
Private equity
Cinven agrees to buy majority stake in fund administrator Alter Domus
...Cinven has agreed to buy a majority stake in the fund administrator Alter Domus from Permira, in a €4.9bn deal that is one of the biggest between private equity groups over the past year....
March 4, 2024
EU energy
Europe’s refineries in demand as Ukraine war boosts oil margins
...Natalia Losada, an oil products analyst at Energy Aspects, said gasoline prices are being supported by the adoption of hybrid vehicles — which require motor fuel — as well as a recovery in tourism after...
March 14, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
US jobless claims hit 2-month high as official jobs report looms
...New applications for US unemployment aid, a proxy for job cuts, jumped to their highest level in two months in late March, in the latest labour market data ahead of the important official jobs report on...
April 4, 2024
FTX Trading Ltd
FTX customers in line for higher payouts as crypto prices soar
...to the rising value of assets such as bitcoin and its stake in AI start-up Anthropic....
March 25, 2024
News in-depthEli Lilly & Co
Eli Lilly races to boost capacity as it rolls out rival to Novo Nordisk weight-loss drug
...The rush to secure manufacturing capacity comes as Wegovy and Mounjaro, which is also commonly prescribed off-label for weight loss, are in short supply, according to the US Food and Drug Administration....
March 5, 2024
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
Intel Corp
Intel to receive $8.5bn in US funding for high-end chip manufacturing
...Intel will receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion in the sector and...
March 20, 2024
Liz Truss
Liz Truss considered sacking Andrew Bailey as BoE governor after mini-Budget
...Truss’s book Ten Years to Save the West claims that Bailey, in effect, blocked the appointment of an “outsider” as the Treasury’s top official because he feared “an adverse market reaction”....
April 15, 2024
UK politics
Extra 85,000 childcare places needed in England to meet government target
...Officials added that local authorities had reported they were meeting the demand for childcare in their areas....
April 18, 2024
ReviewFilm
Scoop film review — behind the scenes of the BBC’s Prince Andrew interview
...Five years have passed since Prince Andrew sat for the cameras of the BBC’s Newsnight to discuss his friendship with sex offender Jeffrey Epstein....
April 4, 2024
Donald Trump
US Supreme Court debates limits of presidential immunity in Donald Trump appeal
...Brett Kavanaugh said presidents were “subject to prosecution for all personal acts just like every other American . . . the question is acts taken in an official capacity”....
April 25, 2024
News updates from March 22: Dozens dead in Moscow attack; Princess of Wales undergoing cancer treatment
Ted Baker appoints administrators threatening almost a thousand jobs
...Benji Dymant, joint administrator, said that Authentic Brands, the US owner of the Ted Baker brand, was in advanced discussions with several potential operating partners to take over Ted Baker in the UK...
March 22, 2024
Spanish politics
Spanish PM considers quitting as wife faces corruption investigation
...Manos Limpias alleges Gómez received favours from executives of Air Europa and its parent company Globalia in her capacity as director of an Africa research centre that she ran for nearly four years until...
April 24, 2024
News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger
Qatar to increase LNG export capacity in bet on Asian demand
...The move, which comes on top of planned increases to output announced in recent years, will mean that its overall production capacity will rise almost 85 per cent from current levels before the end of the...
February 25, 2024
Alexei Navalny
Russian officials release Alexei Navalny’s body to his mother
...Russian officials have returned Alexei Navalny’s body to his mother after what the late opposition leader’s team described as a week of stalling, obfuscation and threats to let it rot....
February 24, 2024
News in-depthUK inflation
BoE’s Andrew Bailey insists UK ‘on track’ to quell inflation
...“There’s more demand-led inflation in the US.” Bailey’s sanguine tone came even after official data released in London the same day gave traders pause for thought....
April 17, 2024

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