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Residential property
Indian vaccine billionaire to pay £138mn for London mansion
...Poonawalla, who took over leadership of the Serum Institute from his father in 2011, rented the Grade II-listed property in 2021 for more than £50,000 a week, Bloomberg reported at the time....
December 11, 2023
US budget
US faces Liz Truss-style market shock as debt soars, warns watchdog
...issued this week showed debt-to-GDP levels surpassing their second world war high of 106 per cent in 2029 — a trajectory Swagel described as “unprecedented”.* “The debt that was run up during World War II...
March 26, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Transcript
Transcript: How shale rewrote the global oil order
...Michela TinderaThat’s Myles McCormick. He covers energy for the FT....
May 1, 2024
The Big Read
Big Oil boomed under Biden. So why does it hate him?
...But in Midland, the west Texas frontier town where George W Bush spent his childhood, they have made Biden an unpopular man....
May 9, 2024
Markets
Oil tops $90 and stocks tumble as Middle East tensions jolt markets
S&P 500 closes down 1.2% in worst finish since mid-February and investors rush into Treasuries
April 4, 2024
Energy Source
Rising petrol prices create fresh headache for Biden Premium content
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu and Tom Wilson, with support from the FT’s global team of reporters....
April 11, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Middle East conflict
US stocks drop as traders weigh risks of wider war in Middle East
...Additional reporting by Jennifer Hughes, Harriet Clarfelt and George Steer in New York and William Sandlund in Hong Kong...
April 15, 2024
Berkshire Hathaway Inc
Buffett sounds wildfire alarm as utilities industry enters new era
...Investors will decide whether they’ll finance it,” said George Bilicic, the head of power, energy and infrastructure banking at Lazard....
March 1, 2024
Space Exploration Technologies Corp
Musk to make another break with Delaware by moving SpaceX to Texas
...The moves come after a judge in Delaware, Kathaleen McCormick, voided a planned $56bn pay award from Tesla, the electric-car company he runs, late last month....
February 15, 2024
Elon Musk
Musk’s record $55bn Tesla pay package voided by US judge
...“At least as to this transaction, Musk controlled Tesla,” wrote McCormick in the ruling....
January 30, 2024
News in-depthOil & Gas industry
Oil and gas profits triple under Biden even as industry decries him
...It’s more the fundamentals,” said Bob McNally, president of consultancy Rapidan Energy and a former energy adviser to George W Bush....
February 27, 2024
King Charles III
King Charles to resume public duties after cancer treatment
...The royal family have had a number of health shocks since King Charles succeeded his mother Queen Elizabeth II in 2022....
April 26, 2024
News updates from January 30: Microsoft posts record revenue, Eurozone economy stagnates in Q4
Musk’s $55bn pay package voided by Delaware judge
...Chancellor Kathaleen McCormick said Musk, who holds a 22 per cent stake in Tesla, still controlled the board through his personality and influence, and that the board could not satisfy a standard of demonstrating...
January 30, 2024
News updates from January 31: Federal Reserve holds interest rates, EU commits €21bn in Ukraine military aid
Musk’s $55bn pay package voided by Delaware judge
...Chancellor Kathaleen McCormick said Musk, who holds a 22 per cent stake in Tesla, still controlled the board through his personality and influence, and that the board could not satisfy a standard of demonstrating...
January 30, 2024
Elon Musk
Elon Musk shifts Neuralink’s incorporation to Nevada
...Musk’s move follows the decision by a judge in Delaware, Kathaleen McCormick, to void his unprecedented pay package late last month, which had been awarded to him by the board of Tesla on condition that...
February 9, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
The Big Read
Surge in border crossings creates political upheaval in the US
...“I would say the perception and reality have merged,” says Charles Foster, a leading immigration lawyer in Houston, who advised former presidents George Bush and Barack Obama on border policy....
December 28, 2023
US equities
From Mongolian football to the ‘Pasta Prince of LA’
...two pals even run a sort-of-company together — an “immersive, futuristic, fantasy-based” AI-powered MMORPG called The RoyaLand that was apparently inspired by the passing of Her Majesty Queen Elizabeth II...
March 8, 2024
Letter
Letter: The thing to remember is Trump was not king
...But in 1790, when the US constitution went into effect, the King of Great Britain (George III) was most definitely not above the law....
May 3, 2024
Labour Party UK
Rachel Reeves says Labour would not restore cap on bankers’ bonuses
...financial services plan, seen by the Financial Times, welcomes some recent Conservative regulatory changes in the City, including chancellor Jeremy Hunt’s Edinburgh Reforms and changes to the Solvency II...
January 31, 2024
UK Budget 2024
Hunt struggles to find Budget goodies as he faces fiscal ‘headlock’
...national insurance cut would benefit workers and would thus be presented as a “pro-growth measure”; Hunt cut national insurance by 2p in his Autumn Statement and another cut now would be presented as “Part II...
February 27, 2024
Oil
Rising petrol prices spark new concern in Washington
...“The White House is in full-blown panic mode,” said Bob McNally, head of Washington-based consultancy Rapidan Energy Group and a former adviser to president George W Bush....
August 6, 2023
FT SeriesThe world’s best house museums
House Museums #61: Château de Rosa Bonheur
...Her admirers included Tsar Nicholas II, Queen Victoria, Georges Bizet, John Ruskin and Delacroix himself. Then she fell off the face of the earth. “How could such a person be forgotten?”...
March 30, 2024
Labour Party UK
Labour says no longer ‘sneering at business’ and unveils 10 City advisers
...But Siddiq said the government was moving too slowly on reforms to so-called Solvency II rules covering the insurance sector that are intended to release £100bn for investment in infrastructure and other...
December 7, 2023
Camilla Cavendish
What ‘Kate-Gate’ tells us about the Faustian royal pact
...Charles I was beheaded in 1649; the House of Hanover was dogged by sex scandals; George III lost his mind and he also lost America, which wasn’t terribly popular....
March 15, 2024
News in-depthEgypt
Treasures of ancient Egypt set to draw crowds at new Cairo museum
...“It was extremely difficult to build,” said George Kyrillos, deputy project manager at the company....
December 25, 2023

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