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Thames Water
Chinese state banks are lenders to Thames Water’s parent company
...The lenders, which have so far refused to extend the loan without an injection of fresh equity from Thames Water’s owners, are Chinese state-owned Bank of China and Industrial and Commercial Bank of China...
April 4, 2024
Transcript
Transcript: When loyal workers are bad for business
...Gallup publishes a huge annual study called the State of the Global Workplace report, which asks employees about their wellbeing, how they feel about work, and whether they’re looking to change jobs....
April 24, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from April 22: Huw Edwards resigns from BBC; Head of Israeli military intelligence to resign
Three German citizens arrested on suspicion of spying for China
...Thomas R is accused of being an employee for the Chinese Ministry of State Security....
April 22, 2024
JPMorgan Chase & Co
Russian court orders seizure of $440mn from JPMorgan
...Last summer, a Russian court froze about $36mn worth of assets owned by Goldman following a lawsuit by state-owned bank Otkritie....
April 24, 2024
News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
Israel looks to draw line under Iran strikes as life for citizens continues as normal
...barrage aimed at the Jewish state....
April 19, 2024
Chinese business & finance
Chinese state-owned bank seeks liquidation of property developer Shimao
...The involvement of a prominent state-owned bank signals a new level of impatience among creditors as a cash crunch for property developers continues to worsen....
April 8, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Chinese politics & policy
Leak shows China uses private company to hack citizens and foreign states
...Washington and Beijing have regularly accused each other of being engaged in state-sponsored cyber-spying....
February 22, 2024
US presidential election 2024
‘It’s over’: Trump trounces Haley and turns to contest against Biden
...Trump comfortably won all but one of the states up for grabs in the biggest day of the primary calendar on Tuesday, racking up hundreds more delegates that will help him become his party’s official nominee...
March 6, 2024
Working It podcast14 min listen
When loyal workers are bad for business
...Isabel Berwick speaks to Jeremie Brecheisen, Gallup’s managing partner for the Emea region, about the company’s annual ‘State of the Workplace’ report, which showed more than half of employees worldwide...
April 23, 2024
UK business
FCA to probe banks requiring personal guarantees for small business loans
...Banks frequently require personal guarantees from directors of small businesses to ensure repayment....
March 5, 2024
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
Former vice-president of Chinese state bank arrested
...The China Development Bank is primarily responsible for making infrastructure loans and is under direct supervision of the State Council, the country’s cabinet....
January 11, 2024
ExplainerMiddle East conflict
Who pulls the strings of power in Iran?
...The regime has established its own networks of loyal individuals and quasi-state businesses to manage trade and industry, particularly in important sectors such as oil, gas, petrochemicals, steel and cars...
April 21, 2024
News in-depthDonald Trump
Trump masks his rage as ‘hush money’ trial starts
...Therefore, it is not just his reputation or his bank account that are at stake. This time, Trump is at risk of losing his freedom....
April 23, 2024
Israel-Hamas war
West Bank violence flares after killing of Israeli teenager
...Tensions have been running high in the West Bank — which Palestinians seek as the heart of a future state but which Israel has occupied since 1967 — since the war between Israel and Hamas erupted last year...
April 13, 2024
Russian politics
Russia arrests US-Russian citizen on treason charges
...The FSB has also dramatically increased its prosecutions of Russian citizens for treason, espionage and “collaborating with foreign states or organisations” since the start of the Ukraine war....
February 20, 2024
FT Live
Future of Business Education: Spotlight on Executive MBA
Enhancing your leadership skills
Wednesday, 16 OctoberDigital Conference
Letter
Letter: IMF can help fix the system of sovereign debt restructuring
...Reza Baqir Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates...
March 14, 2024
Live news: Ukraine pressures draft-age men abroad to join war effort
Ukraine pressures draft-age men abroad to join war effort
...“Staying abroad does not relieve a citizen of his or her duties to the homeland,” Ukrainian foreign minister Dmytro Kuleba said in a statement on Tuesday....
April 23, 2024
Labour Party UK
Labour shadow justice secretary defends UK’s membership of ECHR
...citizens” over the years....
April 21, 2024
Alexandra Prokopenko
Oligarchs are losing out as Putin courts a new class of loyal asset owners
...They had learnt how to make money from lucrative state contracts and were assured that, should a disaster such as the 2008 global credit crunch hit them, state banks would help them out....
October 4, 2023
News updates from April 8: Millions watch solar eclipse; Elon Musk predicts AI will overtake human intelligence in 2025
Chinese state bank files petition to wind up private developer
...Chinese property group Shimao faces a winding-up petition from one of China’s largest state-run banks, the developer said in a disclosure to the Hong Kong stock exchange on Monday....
April 8, 2024
Austria
Austrian campaigners target Roman Abramovich’s secret Alpine villa
...The EU says that as chair of the state development bank, VEB, Shuvalov plays a key role in directing funding to the Russian defence sector....
February 3, 2024
Letter
Letter: Collapsing Sumerians or standing-firm Pharaohs
...Niccolo Caldararo Department of Anthropology, San Francisco State University, CA, US...
April 12, 2024
Israel-Hamas war
US to impose sanctions on Israeli settlers responsible for West Bank violence
...The sanctions also mark a rare move by the US to target the citizens of an allied country....
February 1, 2024
Belarus
Controlled Belarus elections set to cement Lukashenko’s grip on power
...Lukashenko has proved a loyal ally ever since Russian tanks started rolling into the neighbouring country, including via Belarus, in February 2022....
February 25, 2024
News updates from April 19: Israel launches retaliatory strikes against Iran; S&P 500 falls for third straight week
US announces sanctions over West Bank violence against Palestinians
...The US has announced sanctions against an individual and two organisations accused of targeting Palestinians in the West Bank....
April 19, 2024

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