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Micron
Micron secures $13bn in US support to expand chipmaking capacity
...The preliminary agreement, which includes $6.1bn in direct funding and up to $7.5bn in loans, will come under the 2022 Chips Act....
April 25, 2024
UK immigration
Five people die in attempted Channel boat crossing to UK
...But so far this year about 6,265 people have arrived in the UK on small boats, a 25 per cent increase compared with the same period in 2023....
April 23, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Heineken NV
Heineken beer sales beat expectations
...Net revenue rose 9.4 per cent to €6.8bn, ahead of the 7.2 per cent rise forecast by analysts....
April 24, 2024
ReviewTelevision
The Rise and Fall of Boris Johnson Channel 4 — from Eton origin story to ‘hasta la vista’
...After all, Johnson pointedly left the House of Commons with an “hasta la vista”, not a goodbye. ★★★☆☆ First two episodes on Channel 4 at 9pm on March 6 and 7....
March 4, 2024
Live news: Chevron earnings beat expectations despite falling gas prices
Fed’s preferred metric of inflation rose to 2.7% in March
...Friday’s data on personal consumption expenditures surpassed economists’ expectations of a slight increase to 2.6 per cent from 2.5 per cent in February....
April 26, 2024
US inflation
Fed’s preferred inflation metric rose to 2.7% in March
...Futures traders are now only fully pricing in the first quarter-point cut by the Fed’s meeting on November 6-7, just after the presidential election....
April 26, 2024
FT Live
Investing in Piauí – Brazil
Exploring business opportunities and delivering sustainable growth
Friday, 17 May22 Vanderbilt, Madison Avenue, New York, NY, USA
FirstFT
FirstFT: NYSE canvasses clients for 24/7 trading
...We start the week with a scoop on the growing clamour for a 24/7 New York bourse....
April 22, 2024
Israel-Hamas war
Israel passes bill to shut local Al Jazeera office
...The law allows the government to close Al Jazeera’s local offices and confiscate its equipment, while banning local cable and satellite TV companies from carrying the channel and blocking its website in...
April 1, 2024
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Gauge of future US new home construction jumps to 6-month high
...The rate of new home construction also rose more than expected in February, jumping 10.7 per cent above the previous month to an annualised pace of more than 1.52mn....
March 19, 2024
News updates from March 12: US inflation rises to 3.2%; White House warns Israel against ‘smashing into Rafah’
Long-term US inflation prospects hit 6-month high, says New York Fed
...Expectations for price growth at the three and five-year horizons increased by 0.3 and 0.4 percentage points to 2.7 and 2.9 per cent, respectively, according to the bank’s survey of consumer expectations...
March 11, 2024
Greggs PLC
Greggs forecasts sales to double by 2026
...Total sales for the full year rose 19.6 per cent to £1.8bn, while like-for-like sales in company-managed stores increased by 13.7 per cent compared with 2022....
March 5, 2024
Chess
Chess: Nakamura surges, but Nepomniachtchi still leads Candidates as final rounds near
...Leaders after 11 rounds (of 14): Nepomniachtchi (Russia) 7, Gukesh Dommaraju (India), and Nakamura (US) 6.5, Fabiano Caruana (US) 6....
April 18, 2024
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
US mortgage rates dip below 7% following softer-than-forecast jobs report
...The average interest rate for 30-year fixed mortgages for so-called conforming loan balances fell to 6.84 per cent in the week ended March 8 from 7.02 per cent in the previous week, said the Mortgage Bankers...
March 13, 2024
News updates from March 11: Brussels eyes up to €3bn in frozen Russian assets for Ukraine; Biden proposes higher taxes
Long-term US inflation expectations hit 6-month high — NY Fed
...Expectations for price growth at the three and five-year horizons increased by 0.3 and 0.4 percentage points to 2.7 and 2.9 per cent, respectively, according to the bank’s survey of consumer expectations...
March 11, 2024
Media
Channel 4 may be forced to access debt facility after worst advertising decline since financial crisis
...Channel 4 had made a surplus in six of the past 10 years, she added, and would not need state subsidies....
November 28, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Investments
Directors’ Deals: Darktrace execs cash out
...An optimist might point to its organic service revenue which grew 4.7 per cent in the last quarter....
March 29, 2024
US economy
Biden dealt blow as investors scale back bets on pre-election rate cut
...They are instead now only fully pricing in such a move by the central bank’s November 6-7 meeting, immediately after the November 5 election, when Biden is set to face his Republican rival Donald Trump....
April 25, 2024
Live news: Police presence grows as pro-Palestine protests spread across US campuses
US stocks and Treasuries sell off as traders assess economic outlook
...Both indices trimmed steeper losses from earlier in the session....
April 25, 2024
Nestlé S.A.
Nestlé hit by slowing frozen pizza sales in North America
...Sales in the region fell 7.7 on a reported basis to SFr5.8bn. Other consumer goods and fast food companies have also flagged consumer stress....
April 25, 2024
Live news: Police presence grows as pro-Palestine protests spread across US campuses
US stocks and Treasuries sell off as traders assess economic outlook
...Both indices trimmed steeper losses from earlier in the session....
April 25, 2024
Baltimore
Big ships, big problems
...Further reading: — The bank effect and the big boat blocking the Suez (FTAV) — Those boats in Texas paraded at the wrong speed (FTAV) — A resident of New Bern, NC, may in fact have a new boat (FTAV)...
March 28, 2024
UK immigration
Sunak gets Rwanda bill through parliament
...Sunak is also scheduled to attend a Nato summit in Washington in July, allowing him to burnish his credentials as an international statesman, and could have some good economic news, with some economists...
April 22, 2024
Live news: EU votes to leave treaty seen as protecting fossil fuels
US durable goods rise on aircraft spending but underlying demand softens
...Durable goods orders, which also include washing machines and cars, increased 2.6 per cent in March from the previous month’s downwardly revised 0.7 per cent, according to the Census Bureau....
April 24, 2024
World
Conflicts drive global military spending to record high
...It also accounts for 16 per cent of total state spending and is equivalent to 6 per cent of Russia’s gross domestic product....
April 22, 2024
Foreign aid
Labour explores stopping ‘raids’ on UK overseas aid budget
...The government has been hit by ballooning costs in the asylum system in recent years after a surge in the number of people entering the country over the Channel and a slowdown in the processing of claims...
April 20, 2024

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