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WeWork
WeWork races to raise cash as Neumann offers to outbid rivals
...The search for cash has complicated matters for WeWork’s creditors, who hold about $4bn of pre-petition debt....
April 18, 2024
US-China trade dispute
US steel unions urge Biden to open probe into Chinese shipbuilding
...The petition was made under Section 301 of the Trade Act of 1974 — the same statute that former president Donald Trump used to justify the imposition of tariffs on Chinese imports when he launched a trade...
March 12, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Chinese economy
China’s indebted provinces meet state bankers to discuss debt relief
...On the sidelines of an annual political gathering in Beijing known as the “Two Sessions”, officials from Liaoning and Hebei provinces and the city of Tianjin have engaged in extensive high-level debt discussions...
March 10, 2024
Markets InsightChris Dixon
Crypto regulation must not prioritise memes over matter
...Once those guardrails were in place, we saw an unprecedented era of growth and innovation in our markets and economy. It’s time for regulators to learn from the mistakes of the past....
April 18, 2024
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
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
Petitions to form unions in US on course to hit historic level in 2024
...Petitions to form unions in the US are on course to reach historic levels this year, according to federal data, as the labour movement seeks to capitalise on the success of last year’s high-profile strikes...
April 9, 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
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
Chinese developer Country Garden faces winding-up petition from creditor
...The company, once China’s largest private developer in terms of sales, defaulted on offshore debts in October last year....
February 28, 2024
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
Hong Kong and Chinese equities mixed following Country Garden winding-up petition
...Hong Kong and Chinese equities were mixed in early trading on Wednesday after one of the mainland’s largest private property developers disclosed that it faced a winding-up petition....
February 28, 2024
InterviewTheatre
Atri Banerjee: ‘The great joy of theatre is, it’s the most political of art forms’
...The piece is inspired by Cornelia Parker’s 1991 installation “Cold Dark Matter: An Exploded View”....
January 17, 2024
ReviewFT Books Essay
Does the Enlightenment still matter?
...These anxieties stemmed in large part from a series of big and contentious events: the advent in 1760 of a new, problematic monarch, George III; the costs of British success in the Seven Years war (1756-...
December 13, 2023
News updates from January 22: US and UK launch new strikes at Houthis, Arnault to tap sons to LVMH board
ExxonMobil sues to block shareholder climate petition
...accelerate the pace of reductions in greenhouse gas emissions....
January 21, 2024
FT Magazine
It’s only a matter of time before disinformation leads to disaster
...It didn’t matter whether it was believable. What mattered was speed, relevance and volume. The analysts called this strategy “the fire hose of falsehood”....
January 25, 2024
Country Garden Holdings Co Ltd
Chinese developer Country Garden hit by winding-up petition
...The petition echoes similar action brought against Evergrande by Top Shine Global in 2022....
February 28, 2024
Chinese business & finance
Chinese state-owned bank seeks liquidation of property developer Shimao
...Country Garden, which defaulted in October after it was previously seen as one of China’s safest developers, had a winding-up petition filed against it in Hong Kong in February over a $200mn loan....
April 8, 2024
ExxonMobil
ExxonMobil sues to block shareholder climate petition
...accelerate the pace of reductions in greenhouse gas emissions....
January 22, 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
Swamp Notes: the intersection of money and power in US politics
...As veterans of the Swamp, Ed and Rana aim to help readers cut through the noise and get to what really matters in the White House, on Capitol Hill and the economy....
October 6, 2023
UK by-elections
Sunak faces tough by-election after MP Scott Benton quits
...electors by the end of the six-week petition period....
March 25, 2024
UK by-elections
Sunak faces another difficult parliamentary by-election
...He added the allegations that prompted the recall petition were “totally untrue and without foundation”, saying he would have “more to say on these matters” in the new year....
December 19, 2023
LexBanks
More Chinese banks need to take a hard stance on easy loans Premium content
...Shanghai-based Shimao, which has about $11.7bn of offshore debt, said on Monday that CCB (Asia) had filed a liquidation petition against it in Hong Kong over its failure to repay loans of $200mn....
April 8, 2024
David Simon
A huge amount is at stake in the ICJ’s genocide judgment
...If the ICJ finds Israel’s defence persuasive and rejects the petition, the court could face accusations of big-power favouritism, no matter how well reasoned its explanation....
January 15, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...about the matter....
April 3, 2024
Working It
It’s a matter of trust (as Billy Joel said)
...One year in a struggling state school: The FT’s Jen Williams spent a year visiting a school in Oldham, in the north of England....
September 6, 2023
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Mercedes-Benz workers in Alabama latest in US to call for vote to join UAW
...The petition for a representation election, which the UAW on Friday said had been filed, comes after the union filed charges against Mercedes in Germany and the US in recent weeks....
April 5, 2024
Apple Inc
Large Apple shareholders seek AI disclosures
...Although most shareholder petitions in the US are non-binding, support from 30 per cent or more of investors typically pushes companies to act....
February 27, 2024
UK banks
Sex workers denounce UK banks for waging ‘war’ on their jobs
...In frustration she launched a petition calling on MPs to ensure that people who work in the sex industry can access banking services. It gathered more than 11,000 signatures....
April 17, 2024

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