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Thames Water
Chinese state banks are lenders to Thames Water’s parent company
...The lenders, which have so far refused to extend the loan without an injection of fresh equity from Thames Water’s owners, are Chinese state-owned Bank of China and Industrial and Commercial Bank of China...
April 4, 2024
Special ReportFT 1000: Europe’s Fastest Growing Companies
FT 1000: the eighth annual ranking of Europe’s fastest-growing companies
...Raylyst Solar, a Prague-based distributor of solar panels and other photovoltaic products, tops the new ranking, with a CAGR of 824.4 per cent....
March 1, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Special ReportFT 1000: Europe’s Fastest Growing Companies
Chinese panels power Czech distributor to top of FT 1000 ranking
...Homesick, Kameníček left Singapore after less than a year — and his return to Prague coincided with the EU’s removal, in 2018, of anti-dumping duties on imports of Chinese solar panels....
March 25, 2024
Nuclear proliferation
UN nuclear watchdog head urges development banks to fund new projects
...The head of the UN’s nuclear watchdog has called on global development banks and their government shareholders to fund new projects, warning that a failure to do so could delay the energy transition....
March 4, 2024
Cyber warfare
Russia is trying to sabotage European railways, warns Prague
...Prague has estimated the cost of its part of the project to be about CZK1tn ($43bn)....
April 5, 2024
Prague
Prague university shooting death toll reaches at least 14
...The shooting took place on Thursday at the arts faculty of Charles University in the old town of Prague, not far from the Charles Bridge, one of the city’s main tourist attractions....
December 21, 2023
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
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
FT News Briefing podcast11 min listen
Pressure builds for early elections in Israel
...Global equity supply falls at fastest pace in decades Russia is trying to sabotage European railways, warns Prague The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc...
April 5, 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
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
Former vice-president of Chinese state bank arrested
...Wang’s case has been transferred to the judiciary body of Jilin Province, which arrested him “on suspicion of bribery”, according to official state news agency Xinhua....
January 11, 2024
Banks
Bank of England says cash still ‘hugely relevant’
...The value and number of banknotes in circulation has increased sharply since 2020, said the Bank of England as it marked the opening of a new exhibition on the future of money....
February 28, 2024
European Parliament elections
Russia paid pro-Kremlin lawmakers to influence EU elections, says Belgium
...Prague has said that Voice of Europe paid MEPs and others to parrot pro-Kremlin talking points on the channel....
April 12, 2024
Media
UK ministers set out new media ownership rules to block Telegraph takeover
...The restriction will also apply to ownership, control or influence of newspapers and news magazines by associated individuals other than the sovereign or head of state and ministers investing their private...
March 21, 2024
Russia
Pro-Russia oligarch accused of running influence operation in EU
...his, as well as a Prague-based news website called Voice of Europe....
March 29, 2024
ReviewFiction
Parasol Against the Axe by Helen Oyeyemi — a literary labyrinth
...More to the point, in her Prague suitcase is a copy of Paradoxical Undressing, by the Sydney bartender turned author Merlin Mwenda....
February 1, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Life & Arts
The lessons and legacy of Rwanda’s genocide
...Founding a new state out of the charnel house that was Rwanda was never going to be easy....
April 5, 2024
Visual Arts
Hampi Art Labs — forged from a blend of heritage and steel
...The ruined temples and palaces of south India’s Vijayanagar empire rise from an enigmatic landscape of giant boulders and banana groves in Karnataka state....
March 12, 2024
News in-depthSemiconductors
Taiwan’s chip industry heads overseas amid supply chain shift
...Topco was one of the earliest Asian suppliers to set up an office in the US state of Arizona, where TSMC and Intel are both building advanced factories, but the company has put construction of a planned...
April 10, 2024
Gillian Tett
A rotten system for sovereign debt restructuring needs fixing
...gillan.tett@ft.com Letters in response to this column: IMF can help fix the system of sovereign debt restructuring / From Reza Baqir, Former Governor, State Bank of Pakistan (2019-2022); Global Practice...
March 7, 2024
InterviewAirlines
South African Airways seeks new investor and listing after aborted deal, chief says
...South Africa’s troubled state-owned airline is seeking a new strategic partner to provide fresh capital, after the latest attempt to secure a deal with a private investor collapsed last week....
March 20, 2024
US banks
Shares plunge for saviour of failed Signature Bank
...Shares of New York Community Bancorp plunged on Wednesday after the lender that bought failed Signature Bank in the middle of last year’s regional banking turmoil cut its dividend to boost its capital and...
January 31, 2024
Letter
Letter: IMF can help fix the system of sovereign debt restructuring
...Reza Baqir Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates...
March 14, 2024
War in Ukraine
European capitals seek $1.5bn in fallback plan to arm Ukraine
...Prague needs financial contributions from national governments because EU capitals are at loggerheads over a proposed €5bn top-up of the European Peace Facility, the main EU vehicle for funding weapons supplies...
February 23, 2024
FirstFT
FirstFT: Bank of Japan raises interest rates in historic shift
...It’s the beginning of a new era in Japan — the country’s central bank raised borrowing costs yesterday for the first time since 2007 in a historic pivot away from negative interest rates....
March 19, 2024
War in Ukraine
Russian operator blames ‘external action’ for fire at Baltic gas terminal
...According to preliminary information, the fire was the result of an external action,” the Russian state Ria news agency cited Novatek as saying, adding that a 100 cubic metre cistern was on fire but that...
January 21, 2024

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