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EU trade
France signals support for UK call to delay tariffs on electric vehicles
...France has signalled that it wants to delay the introduction of tariffs on electric vehicle sales between the UK and EU, removing a big obstacle to a new deal over the levy due to come into effect in January...
November 21, 2023
General Motors Co
GM to cut spending on self-driving unit Cruise after accident
...“The big question is to what extent ‘Zero Zero Zero’ also hinged on zero rates,” said Barclays auto analyst Dan Levy, adding that investors had become less tolerant of projects without returns....
November 28, 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
Tesla Inc
Tesla shareholders braced for worst results in 7 years
...However, Barclays analyst Dan Levy said investors seeking clarity about Tesla’s strategy were likely to be disappointed....
April 22, 2024
Brexit
Trade groups hit at incoming UK Brexit border charge
Levy will lead to higher food prices and affect small importers the most, businesses warn
April 3, 2024
News in-depthEducation
Looming rise in student numbers sparks calls for skills reform in England
...Labour has also said it would reform the apprenticeship levy to boost the types of training businesses can use it on, in the hope it will increase the number of people taking up apprenticeship places....
April 7, 2024
UK Budget 2024
Hunt extends fuel duty freeze and raises premium air passenger duty
...For premium travel on flights over 5,500 miles, the levy will go up to £224 from £200....
March 6, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Budget 2024: As it happened
Fuel duty frozen for another 12 months
...Successive Conservative chancellors have made a play of “pausing” planned increases, with the result that the levy has not been increased since 2011....
March 6, 2024
News updates from February 12: Israel rescues 2 hostages, Diamondback Energy to buy Endeavor
US stocks swing into red after S&P 500 touches record high
...The benchmark S&P 500 was down 0.1 per cent in mid-afternoon trading on Monday, having gained as much as 0.4 per cent in the morning session....
February 12, 2024
Markets InsightGrace Peters
Stock markets are in a sweet spot
...But if we map that trend on to 2023’s year-end close of 4,769, it puts the S&P 500 north of 5,400 in December....
January 31, 2024
Special ReportFuture of Water
US housing market belatedly wakes up to flood risk
...In 2016, the Army Corps of Engineers concluded that it was not cost-effective to build flood walls, levies and pump stations to protect Manville....
March 22, 2024
Government of Wales
Welsh economy minister defends Labour plans to shake up council tax
...The Welsh government is currently carrying out a consultation on how to introduce legislation for the new levy....
January 3, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Spin-offs from corporate icons GE and 3M have mixed first- week performance
...The two units were all that remained after 2023’s GE Healthcare spinout....
April 5, 2024
UK tax
Frozen fuel duty will cost UK Treasury £15bn by 2029, warns watchdog
...Additional reporting by Peter Campbell in London Letter in response to this article: Forget road pricing, but tax electric cars’ power / From Henri Chua, London N19, UK...
March 18, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
US stocks turn negative as Fed officials stir debate on rate cut outlook
...The S&P 500 and Nasdaq Composite reversed early gains to be down 0.8 per cent in afternoon trading....
April 4, 2024
News updates from February 23: Nvidia market value briefly tops $2tn, Navalny’s mother refuses Russian ultimatum
How far are global stock gauges from their record highs?
...Australia’s S&P/ASX 200, Mexico’s S&P/BMV IPC and Brazil’s Bovespa are a little way off peaks set over the past three months....
February 23, 2024
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
FT live news
News updates from February 8: S&P 500 breaks through 5,000, Zelenskyy appoints new top general
News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes
Shares of Apple supplier sink as 5G slowdown prompts outlook cut
...Jabil shares were the worst-performer in the S&P 500 Friday, down 16.5 per cent in afternoon trading and on course for their biggest drop since December 2013....
March 15, 2024
News updates from February 16: Russian opposition leader Alexei Navalny dies, Trump ordered to pay more than $350mn in New York fraud case
Risers and fallers in the US
...share price moves to note on the New York Stock Exchange include Applied Materials, Dropbox and Vulcan Materials: Applied Materials rose 7.3 per cent, making the semiconductor the top-performer in the S&...
February 16, 2024
FT live news
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
Transcript
Transcript: Formula One’s road map to success
...Sam AginiLiberty has done a great job of extending F1’s reach. We’re preparing for a 24-race season. It’s the biggest in F1’s history. They’ve also turned that interest into more races in America....
March 1, 2024
News updates from February 16: Russian opposition leader Alexei Navalny dies, Trump ordered to pay more than $350mn in New York fraud case
US stocks end 5-week winning streak as inflation jitters surface
...It was the first weekly drop for the S&P 500 and Nasdaq since the first week of January....
February 16, 2024
News updates from December 12: Biden warns Netanyahu to change tack or risk losing global support, Sunak wins Rwanda asylum vote
S&P 500 rises in gravity-defying feat as Magnificent Seven stocks drop
...The S&P 500 managed, for the first time in 2023, to close higher despite a decline for all of the heavyweight “Magnificent Seven” Big Tech stocks....
December 11, 2023
News updates from December 11: COP28 draft deal drops phaseout of fossil fuels, Zelenskyy implores US not to waver in its support for Kyiv
S&P 500 rises in gravity-defying feat as Magnificent Seven stocks drop
...The S&P 500 managed, for the first time in 2023, to close higher despite a decline for all of the heavyweight “Magnificent Seven” Big Tech stocks....
December 11, 2023
FT live news
News updates from January 19: S&P 500 closes at record high, Ford cuts production of electric truck
News updates from November 30: Global stocks record best month in 3 years on rate cut hopes, US oil production rises to fresh record
Rate-sensitive S&P 500 sectors chalk up big gains in November
...The S&P 500’s information technology sector was the benchmark index’s best performer during November, its 12.7 per cent gain representing its biggest monthly advance since July 2022....
November 30, 2023

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