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Energy sector
Era of bribes is over, say commodities trading chiefs
...Gunvor’s co-founder and chair Torbjörn Törnqvist said the company had stopped using intermediaries to win business in 2020 as it “realised that is a risk”....
April 9, 2024
Golf
‘Billionaires’ playgrounds’: the $1mn fees upending Florida’s golf clubs
...Acquiring the club “was a generational opportunity”, said Alex Witkoff, the developer’s co-chief executive. “Building a new course in Palm Beach is never going to happen.”...
April 10, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Julian Assange
Julian Assange granted reprieve in appeal against US extradition
...“Unless the government of the United States of America and the secretary of state provide satisfactory assurances in respect of those grounds, the court will grant leave to appeal.”...
March 26, 2024
Global InsightMichael Stott
Latin America is beating the world at trading insults
...The biggest boom of late across Latin America has been in cross-border insults. Presidents of all stripes seem to relish nothing more than trading barbs....
April 10, 2024
Semiconductors
Samsung boosts Biden’s chipmaking ambitions with Texas plant upgrade
...in the city of Taylor in Texas....
April 15, 2024
US financial regulation
Basel chair backs stringent US proposals on bank capital
...“If any jurisdiction thinks that for its own banking sector the implementation of Basel III is not enough in order to reach the same degree of assurance of financial stability, then it’s absolutely justified...
January 18, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Music
‘We’re trying to create that London Latin sound’
...La Linea, April 12-22, comono.co.uk...
April 10, 2024
War in Ukraine
US and UK launch crackdown on Russian metals trade
...“Our new prohibitions on key metals, in co-ordination with our partners in the United Kingdom, will continue to target the revenue Russia can earn to continue its brutal war against Ukraine,” said Janet...
April 12, 2024
KKR & Co LP
KKR co-CEOs predict revival in global IPO and takeover activity
...Consultancy Bain & Co has warned of a “towering backlog” of companies that must be sold so cash can be returned to investors such as public pension funds which have become overexposed to unlisted investments...
April 12, 2024
Walt Disney Co
Disney settles lawsuit in Florida theme-park dispute
...Disney has settled a lawsuit over the governance of the company’s Orlando theme parks stemming from last year’s takeover of the district’s board by Ron DeSantis, the governor of the US state of Florida....
March 27, 2024
Nato
Nato to develop $100bn Ukraine fund despite US concerns
...The Biden administration sees the effort to co-ordinate allies on Ukraine as an important example of America’s place in the world, he said....
April 3, 2024
Lex PopuliHealth sector
Survival of the fittest for health tech Premium content
...The cost of emitting CO₂ in Europe has crashed over the past year, sowing the seeds of a future carbon crunch....
March 8, 2024
News updates from February 5: King Charles diagnosed with cancer, McDonald’s blames war on weak sales
PwC’s US partners elect Paul Griggs as next leader of the firm
...Griggs emerged with more than 50 per cent of the vote in a three-way race against Kathryn Kaminsky, co-head of the assurance business, and chief investment officer Jenny Koehler....
February 5, 2024
Non-Fiction
‘Thrillingly told’ account of Canadian wildfire scoops Baillie Gifford prize
...Published this year, the book chronicles an apocalyptic fire that began in forests close to Fort McMurray in the northern province of Alberta in May 2016 before engulfing the city itself....
November 16, 2023
Walt Disney Co
Nelson Peltz backed for seat on Disney board by proxy adviser ISS
...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
March 21, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
The FT ViewThe editorial board
Boeing: how not to run a national champion
...To regain its manufacturing verve, Boeing should bring Spirit back in-house (talks are under way), improve its approach to quality assurance and rebuild relations with squeezed suppliers....
March 21, 2024
US banks
US banks set for profits boost as expectations grow of fewer Fed rate cuts
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
April 9, 2024
Unhedged
Five ways US growth accelerates
...Here, then, is an incomplete list of what might go right for US growth (there is overlap between the bullets): Co-operative inflation data creates a global rate-cutting cycle....
March 26, 2024
Israel-Hamas war
Netanyahu dismisses US and UN pleas for Israel not to attack Rafah
...On Thursday, Biden issued a memorandum requiring recipients of military aid from the US to provide “credible and reliable written assurances” that they are complying with international law....
February 9, 2024
Taiwan Semiconductor Manufacturing Co Ltd
TSMC boosts Biden’s AI chip ambitions with $11.6bn US production deal
...America,” said US commerce secretary Gina Raimondo....
April 8, 2024
News in-depthDrug trafficking
How Mexico stymied America’s war on drugs
...Security co-operation between Mexico and the US, which share a 2,000-mile border, involves a web of agencies....
April 5, 2024
Venezuela
Venezuela arrests former Maduro allies in oil corruption probe
...Tarek William Saab, Venezuela’s attorney-general, said on Tuesday that El Aissami and his co-conspirators were involved in a scheme to directly manage shipments of crude as a way of avoiding US sanctions...
April 10, 2024
Leo Lewis
Oodles of noodles: how a global favourite became an economic red flag
...According to analysts who cover the noodle-makers, the pattern of buying has shifted revealingly in America’s sub-$1-per packet market....
March 14, 2024
Americas companies
FT ranking: The Americas’ Fastest-Growing Companies 2024
...Methodology The FT Americas’ Fastest-Growing Companies 2024 is a list of the 500 companies in the Americas that have the highest growth in publicly disclosed revenues between 2019 and 2022....
April 4, 2024
Boeing Co
Boeing in talks to acquire fuselage supplier Spirit AeroSystems
...Spirit is also exploring whether to sell its operations in Belfast, in Northern Ireland, The Wall Street Journal reported....
March 1, 2024

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