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Hess Corp
Hess sale to Chevron ends a nine-decade oil family epic
...Elliott bought a 4.5 per cent stake and pushed to elect its own directors and break up the company....
October 25, 2023
United Auto Workers
Three US growth ‘potholes’
...They predict that will trim approximately 0.5 per cent off of the US’s 4Q annualised growth rate....
September 18, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Scoreboard
Padel boom lures investors Premium content
...Drivers’ salaries, to the relief of F1’s stars, are among the exemptions from the budget cap. The difference in team finances is stark. Take Mercedes....
November 25, 2023
News in-depthFord Motor Co
Ford faces uphill journey in convincing investors of new vision
...In Europe, for instance, it is ceasing production of the small, cheap Fiesta models, which used to bring in young drivers before they moved up the range to Focus and eventually the larger Mondeo or S-Max...
May 30, 2023
Data PointsJohn Burn-Murdoch
America’s obsession with big cars has fatal consequences
...As a result, the average new US car emits twice as much carbon dioxide per mile as its European counterpart, all while carrying the same number of occupants as in the UK — 1.5 people per trip, weighted for...
February 24, 2023
FT GlobetrotterFT Globetrotter’s month-by-month guide to what’s on in our cities
What’s happening in Miami: FT Globetrotter’s month-by-month guide to 2024
...May 2 to 19; further information and tickets here Sport 2024 Miami Grand Prix, Miami International Autodrome One of the newest races on the Formula 1 calendar, the world’s best drivers hit the tarmac...
February 8, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Markets
Wall Street stocks fall on mixed jobs market data
...Wall Street’s benchmark S&P 500 closed 0.3 per cent lower, notching a three-day losing streak, while the Nasdaq Composite fell 0.1 per cent....
July 7, 2023
The Big Read
Lula’s playbook: Brazil bets on a return to state capitalism
...“But the country’s limited ability to create internal drivers for activity is expected to keep GDP growing at modest rates,” she adds....
January 16, 2024
News in-depthUK economy
FT economists survey: ‘anaemic’ economy needs ‘investment, investment, investment’
...Expect annual rates of growth in the 1.5-2.0 per cent range by the second half of 2024....
January 2, 2024
HTSI
The Peugeot 205 GTI – a classic in the making
...As more and more of the drivers who grew up with ’80s and ’90s hot hatches start collecting the cars of their youth, demand is on the up....
April 3, 2023
US economy
US jobs boom in the ‘busiest spot in the busiest oilfield’
...Other jobs have followed, from truck drivers and mechanics to hotel cleaners and construction workers....
January 31, 2023
Tesla Inc
The trouble with making Tesla’s economics work at any cost
...Global demand for 2.5mn Model Ys; a resurrection of demand to 750,000 each of the Model X, S, and 3; at least 750,000 more Roadsters (which are basically a top-level trim of the 3) and 1.5mn Cybertrucks....
May 5, 2023
Live news updates from June 10: US stocks drop in worst week since January, UK watchdog targets Google app store
Asia markets decline as China lockdowns weigh on sentiment
...Japan’s Topix and South Korea’s Kospi fell as much as 1.4 per cent and 1.6 per cent, respectively, while Australia’s S&P/ASX 200 dropped 1.3 per cent....
June 10, 2022
The Big Read
How Venezuela’s Nicolás Maduro outfoxed the west
...As the trucks tried to advance, his forces launched tear gas. Protesters threw rocks and Molotov cocktails and in the chaos, two trucks caught fire and scores of people were injured....
March 5, 2023
Disrupted Times
Bumper US jobs figure creates a challenge for the Fed Premium content
...Wall Street’s S&P fell 0.7 per cent following the payroll figures. Nasdaq Composite saw a decline of 1.3 per cent....
February 3, 2023
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
The Week Ahead
Power to the people
...The limit on the price households pay per unit of gas and electricity under the energy price guarantee scheme is scheduled to increase to £3,000 a year from April 1....
March 12, 2023
The world in 2023
The Year Ahead: expect the unexpected
...on January 5....
January 1, 2023
FirstFT
FirstFT: Trump sets date for ‘very big announcement’
...Middle management job cuts raise fears of ‘white-collar recession’ In previous downturns, blue-collar employees including construction workers and truck drivers have tended to be the first to lose their...
November 8, 2022
FirstFT
FirstFT: Mass US pardon for ‘simple possession’ of marijuana
...Marijuana is a schedule-1 drug, in the same category as heroin....
October 7, 2022
John Dizard
Supply chain delays prove more persistent than expected
...And, indeed, The Baltic Dry index of bulk cargo shipping prices has continued to plunge, from a high over 5,000 at the beginning of October to a bit over 1,500 today....
January 22, 2022
The Big Read
A year of pain: investors struggle in a new era of higher rates
...Sticking in the S&P 500 all that time would have delivered annualised returns of 9.76 per cent, but missing the 10 best days would slash that annualised return to 5.6 per cent....
November 30, 2022
News in-depthUS inflation
From bagels to bottle caps: how rising costs are hitting US companies
...Truck drivers had seen a $1.50-per-gallon increase in the price of diesel in a matter of weeks, noted Mac Pinkerton, president of North American surface transportation for CH Robinson, a truck freight group...
April 11, 2022
UnhedgedRobert Armstrong
High inflation doesn’t scare the market anymore Premium content
...Durable goods prices rose 0.7 per cent, used cars and trucks 1.6 and transportation services 2.1 No drinking your troubles away, either: alcoholic beverages rose 0.4 per cent, making for a 6 per cent annualised...
July 14, 2022
FT Magazine
What does it mean to be a boy online in 2023?
...“K-S-I! K-S-I! K-S-I!” they chanted. At 10.30pm, after several other YouTubers-cum-boxers had taken their turns in the ring, KSI appeared. He wore a pink outfit and sang the national anthem....
April 6, 2023
Investments
Investors’ Chronicle: Oxford Biomedica, Wood Group, Just Eat
...Net debt climbed almost a fifth last year to $1.8bn (£1.4bn), taking Wood Group close to its debt covenants of 3.5 times adjusted cash profit. This sat at 3.3 times as of December 31....
April 22, 2022

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