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Mercuria Energy Group Ltd
Former Macquarie star trader agrees terms to join Swiss house Mercuria
...His pay also exceeded that of JPMorgan chair Jamie Dimon and Goldman Sachs chief David Solomon....
March 2, 2024
FT CollectionsWar in Ukraine: economy and trade
The Turkish terminal helping disguised Russian oil reach Europe
...Nestled among the orange groves of Turkey’s southern coast stands an unlikely staging post for Moscow’s energy sales, a site from where disguised Russian fuels are shipped to European buyers — and allegedly...
January 30, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Bain Capital
Bain Capital promotes top dealmaker to co-managing partner
...In September, General Atlantic also promoted two top dealmakers, Martín Escobari and Gabriel Caillaux, to top leadership roles below chief executive Bill Ford....
March 27, 2024
Letter
Letter: Incentive-based behaviour — Kant put the case clearly
...William Dixon London SE18, UK David Wilson Walton-on-the-Naze, Essex, UK...
April 23, 2024
Russian business & finance
UK imposes sanctions on Dutch oil trader over Russia links
...Foreign secretary Lord David Cameron said “international economic pressure” meant Russia was struggling to afford the invasion....
February 22, 2024
ReviewTheatre
David Greig’s new play Two Sisters struggles to convince — review
...Playwright David Greig assumed the role of artistic director of the Royal Lyceum Theatre in 2016. For eight years, he has refrained from programming his own plays, opting to adapt or direct instead....
February 16, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
HTSI
High jewellery – a study of the classics
...Set design, David De Quevedo at Cadence....
April 15, 2024
Trafigura
Trafigura triples payouts to staff to record $5.9bn
...That followed earnings of $5.5bn between October 2022 and March 2023, which covered more of the peak of the energy crisis triggered by the disruption of oil and gas supplies following Russia’s invasion of...
December 8, 2023
Gunvor Group Ltd
Commodity trader Gunvor to buy Spanish power station from BP
...The sale is expected to complete in the first quarter of 2024....
December 11, 2023
News updates from December 8: US adds 199,000 jobs in November, UK competition watchdog examining Microsoft-OpenAI ties
Trafigura triples dividend but flags slowdown as energy crisis fades
...Trafigura made record net profits of $7.4bn compared with $7bn the prior year, but $5.5bn of its 2023 earnings were made in the first half of its financial year, which runs until the end of September....
December 8, 2023
Opec
Angola quits Opec after clashes with Saudi Arabia
...is part of that”....
December 21, 2023
News updates from December 13: Fed signals rate cuts in 2024, BP former CEO to forfeit up to £32.4mn after ‘serious misconduct’
Former BP chief Bernard Looney to forfeit £32.4mn after ‘serious misconduct’
...This decision had the effect of bringing Mr Looney’s 12-month notice period to an immediate end.” Read more on BP and Looney here...
December 13, 2023
ReviewAlbums
Las Lloronas: Out of the Blue album review — close harmonies that swerve from flamenco to klezmer
...“Naranjos”, for example, starts as a Spanish folk song about oranges and seagulls, pine trees and mountains, fields and rivers, before the scene shifts to an urban streetscape with asphalt and street lights...
March 20, 2024
Transcript
Transcript: The world’s biggest mining project finally gets off the ground
...What’s the scale and the scope of it? Tom Wilson So, this is an absolutely enormous project. I mean, the total cost is estimated at $20bn....
January 12, 2024
News in-depthNuclear energy
UK nuclear venture aims to realise fusion dream
...“We’re going to look very closely at the opportunity to accelerate the progress,” said David Gann, inaugural chair of UK Industrial Fusion Solutions, the government body responsible for delivering the plant...
February 7, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Bernard Looney
Ex-BP boss Looney to forfeit up to £32.4mn after ‘serious misconduct’
...“This is one hell of a reaction,” said Mark Freebairn, head of board practice at Odgers Berndtson, a headhunter....
December 13, 2023
Energy Source
Ageing computers pose obstacle on the UK’s path to decarbonisation Premium content
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu, Tom Wilson and David Sheppard, with support from the FT’s global team of reporters....
December 19, 2023
War in Ukraine
UK sanctions oil trader Paramount and others over Russia ties
...But Russia’s establishment of a “dark fleet” of dozens of tankers operating outside western markets, along with other methods of subterfuge deployed to circumvent the cap, has helped the average price of...
November 8, 2023
News updates from November 8: Iger pledges another $2bn in Disney cost cuts, Draghi delivers downbeat EU forecast
Oil trader Paramount DMCC one of 29 hit with new UK Russia sanctions
...The UK government has sanctioned Dubai-based oil trader Paramount Energy & Commodities DMCC as part of a swathe of actions against companies and individuals supporting Russia’s gold, oil and finance industries...
November 8, 2023
Letter
Letter: We need a capitalism that rewards good behaviour
...Wilson...
April 15, 2024
Letter
Letter: Whitehall needs informed dialogue, not new letterheads
...David Forrester London N7, UK...
January 17, 2024
Anthony Seldon
History is littered with dodgy political donors
...Hester remarked that Abbott should “be shot”: in the wake of the two murders of MPs Jo Cox and David Amess, can the prime minister of the day avoid belatedly taking a stand?...
March 16, 2024
Letter
Letter: Kissinger played decisive role in UK funding success
...We never learnt, of course, the basis for Kissinger’s judgment, but it had a decisive effect. David W GreenLondon NW3, UK...
December 8, 2023
Energy Source
Has the G7 price cap worked? Premium content
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu, Tom Wilson and David Sheppard, with support from the FT’s global team of reporters....
December 5, 2023
FT News Briefing podcast11 min listen
The story behind the money going to Mexico
...Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer....
February 7, 2024

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