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Thames Water
Chinese state banks are lenders to Thames Water’s parent company
...Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water utility....
April 4, 2024
Singapore
Singapore gives top-level briefings to reassure foreign banks on stability
...investigation, the largest in the city-state’s history....
April 21, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from November 8: Iger pledges another $2bn in Disney cost cuts, Draghi delivers downbeat EU forecast
Democrats notch off-year electoral wins in Kentucky and Ohio
...A battle for control of the state legislature in Virginia remained too close to call on Tuesday night. Read more about US off-year elections here....
November 8, 2023
FT Swamp Notes
Let’s not overdo the McConnell farewell Premium content
...One is John Barrasso of Wyoming, the other is John Thune of South Dakota, and the other is John Cornyn of Texas....
March 1, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
Hardline Republicans balk at US Speaker’s Ukraine aid plan
...Kentucky Congressman Thomas Massie on Tuesday said he would join Georgia Congresswoman Marjorie Taylor Greene, another Republican and ally of former president Donald Trump, in pushing forward a “motion to...
April 16, 2024
Mitch McConnell
Mitch McConnell to step down as Senate Republican leader in November
...He then appeared to freeze in two separate incidents speaking to reporters in the halls of Congress and in his home state of Kentucky....
February 28, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
UK politics opinion polls
UK general election poll tracker
...The Financial Times’ UK poll tracker combines voting intention surveys published by major British pollsters ahead of the general election expected this year....
April 23, 2024
Thames Water
Thames Water lenders face losses of up to 40% in event of nationalisation
...cent of their money....
April 18, 2024
Chinese society
China’s ageing tech workers hit by ‘curse of 35’
...The curse of 35 is a source of major anxiety for tech workers....
April 23, 2024
Israel-Hamas war
Qatar reconsiders mediator role between Hamas and Israel
...state over the weekend....
April 18, 2024
Investing in funds
State Street’s SSGA warns investors on additional costs of T+1
...However, the board of the State Street Global Advisors Luxembourg Sicav, an open-ended investment fund structure, told investors earlier this month that it will not reduce the settlement cycle of its funds...
April 17, 2024
Post Office Ltd
Ex-Post Office chair accused of using ‘offensive’ term about job candidate
...Former Post Office chair Henry Staunton used an “offensive and outdated term” about a candidate for a job, according to an independent probe into conduct at the state-owned group....
April 18, 2024
FT Alphaville
FTAV’s further reading
...(Phenomenal World) — Insurers and the crash to come (New York Review of Books $) — Streaming in the dark: Competitive dysfunction within the music streaming ecosystem (SSRN) — The original “Nigerian prince...
November 13, 2023
News updates from April 8: Millions watch solar eclipse; Elon Musk predicts AI will overtake human intelligence in 2025
Millions expected to watch total solar eclipse
...It will enter the US in Texas and pass through Oklahoma, Arkansas, Missouri, Illinois, Kentucky, Indiana, Ohio, Pennsylvania, New York, Vermont, New Hampshire and Maine, according to Nasa....
April 8, 2024
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
...Republican attorneys-general in 24 states including Alabama, Kentucky and West Virginia sued the EPA last month in an effort to roll back rules curbing air pollution and capping methane leaks from the oil...
April 12, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
ReviewFiction
Caledonian Road — Andrew O’Hagan’s state-of-Britain novel
...If this is a state-of-the-nation novel, O’Hagan paints a bleak portrait....
March 28, 2024
US politics & policy
Democratic wins in US state votes boost Joe Biden
...In Kentucky, Beshear secured a second term in a Republican state where Trump defeated Biden by a 26-point margin in 2020....
November 8, 2023
ESG investing
US investment funds pull $13.3bn from BlackRock in anti-ESG campaign
...The divestment campaign foundered in Kentucky, where pension officials said moving billions of dollars out of BlackRock and other firms that use ESG factors would violate their fiduciary duty to maximise...
March 24, 2024
Letter
Letter: Exhibit A: Appalling state of Russia’s court system
...The scenes at the Russian court (“Four suspects appear in court as Russia mourns concert attack dead”, Report, FT.com March 24) show the appalling state of justice there: beaten and humiliated defendants...
March 27, 2024
UK local elections
UK ‘pothole crisis’ threatens Conservative party ahead of local elections
...For a party that is “proudly pro-car”, in the words of transport secretary Mark Harper, the state of Britain’s roads is a serious problem, reflecting on years of constraints on the local councils charged...
April 16, 2024
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
Mitch McConnell to step down as leader of Senate Republicans
...He will remain in Congress to serve out the rest of his term as the senior senator from Kentucky....
February 28, 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
UK housebuilding
State housing schemes in England have ‘materially underdelivered’ since 2020
...State housebuilding schemes in England have “very materially underdelivered” since 2020, according to a review of the government’s housing and regeneration agency, which criticised Whitehall for worsening...
April 8, 2024
Edward Luce
Abortion could be Trump’s Waterloo
...Voters in conservative states like Kentucky and Kansas overwhelmingly supported abortion rights in referendums, which damaged Republicans at the ballot box....
April 3, 2024
Haiti
Haiti declares state of emergency after mass jailbreak
...Haiti’s government has imposed a 72-hour state of emergency and night curfew after gangs that control swaths of the capital Port-au-Prince over-ran two prisons and freed thousands of inmates....
March 4, 2024

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