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Signa Holding
Signa moved more than €300mn to René Benko-linked entities before insolvency
...The way Benko ran the Signa group meant large sums of money were often lent between corporate entities in its structure, without explanation to investors....
January 25, 2024
McKinsey
McKinsey website touted its advice to Chinese government ministries
...McKinsey is facing calls from some US lawmakers to be barred from contracting work for the federal government because of alleged inconsistencies in its statements about its business in China....
February 27, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
UK property
UK fines 123 offshore companies for transparency law breach
...The Register of Overseas Entities was created after Russia’s invasion of Ukraine to help the UK government crack down on oligarchs and other kleptocrats....
December 8, 2023
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
GE entities close lower as the iconic conglomerate completes break-up
...GE completed its long-awaited plan to break into three, with shares in each of the entities closing lower as the once-mighty US conglomerate drew the curtain on more than a century of corporate history....
April 2, 2024
News updates from April 3: Iger defeats Peltz in Disney proxy war; Eurozone inflation falls to 2.4%
GE entities close lower as conglomerate completes break-up
...GE completed its long-awaited plan to break into three, with shares in each of the entities closing lower as the once-mighty US conglomerate drew the curtain on more than a century of corporate history....
April 2, 2024
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
Biden says federal government will rebuild collapsed Baltimore bridge
...The federal government would “pay for the entire cost” of reconstructing the bridge, the president said in a news conference on Tuesday, and was preparing to send the state of Maryland “all the federal resources...
March 26, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Deborah Lehr
The US art market is a sanctions black hole
...The American art market is a black hole to law enforcement, because it is not required to assist the Federal government with preventing or detecting financial crimes, one consequence of the sector’s avoidance...
February 28, 2024
News updates from February 23: Nvidia market value briefly tops $2tn, Navalny’s mother refuses Russian ultimatum
US unveils fresh sanctions on over 500 people and entities
...In its largest batch of sanctions since the full-scale war broke out, the US has targeted Russia’s financial system and its defence industrial base in particular....
February 23, 2024
Stephen Bush
AI may not change your job, but it will transform government
...The UK government is already moving to improve the way it collects and stores data....
March 19, 2024
Janan Ganesh
Britain will dislike the Labour government in no time
...So what will the public dislike about the probable next government? In a word, statism. Labour exists to spend money. No disgrace there: it is the quickest route to some of its social objectives....
April 2, 2024
Moldova
EU imposes sanctions on Russia-linked entities accused of destabilising Moldova
...of Russian hybrid attacks against the small state bordering Ukraine....
February 22, 2024
News in-depthMcKinsey
McKinsey’s revenue from prime US government contracts falls to 9-year low
...Source Global, a research group, estimates that professional services firms will increase revenue from the US public sector — including state and local agencies as well as the federal government — by 4 per...
January 14, 2024
Northern Ireland
Belfast-based band mounts legal challenge after UK government blocks grant
...it “state-sponsored censorship”....
February 9, 2024
McKinsey
US Republicans call for McKinsey to be banned from federal contracts
..., leaving the US defence department as its biggest federal government client....
February 24, 2024
Stephen Bush
It’s time to lift the veil on incompetence
...When the state fails in a way that hurts a government, there is democratic pressure to change....
April 16, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
UK politics
Doug Barrowman-linked firm hid offshore entity from client
...The company has said it delivered all of the goods it promised the government according to the specifications set out in their contract....
March 4, 2024
Unhedged
The Fed (thinks it) has time on its side
...The Federal Open Market Committee’s plan of action — as expressed in the near-term rate projections of its members and in the tone of its chair’s press conference — is exactly as it was in December....
March 21, 2024
Thames Water
Hunt says Thames Water must ‘sort out’ its own issues
...Thames Water must sort out its own financial problems, chancellor Jeremy Hunt has said, as he warned that the government would never insure investors against poor decisions....
April 17, 2024
News in-depthChinese politics & policy
How China tries to indoctrinate Taiwan’s youth
...For Taiwan’s government, countering the CCP’s charm initiatives is difficult. It had planned to reopen group travel to China in March after an almost complete halt during the coronavirus pandemic....
February 21, 2024
The Big Read
Should governments tax the great boomer wealth transfer?
...But he argues it would be better for governments to target help at increasing access to home ownership than providing blanket inheritances....
April 15, 2024
UK economy
The Bank of England is misusing its fiscal powers
...The Bank introduced the APF under Mervyn King in 2009, with support from the Labour government....
February 29, 2024
US presidential election 2024
The six swing states that will decide the US presidential race
...It was a large number, considering Trump defeated Hillary Clinton in the state in 2016 by fewer than 11,000 votes....
March 5, 2024
News in-depthChinese equities
China reforms its unloved state-owned enterprises to win back investors
...It’s a policy issue for the government.” Forced to choose between the new financial metrics and earlier mandates, some expect the SOEs to emphasise social stability....
April 17, 2024
News updates from December 6: UK immigration minister quits, Italy pulls out of Belt and Road Initiative
UK adds 46 entities to sanctions list in bid to stymie Russia’s war in Ukraine
...Four entities in the UAE were added to the list including two reported to have close links to Sovcomflot, the Russian state-backed shipping company....
December 6, 2023
Climate legislation
Republican states step up legal threats to Joe Biden’s climate agenda
...Sixteen red states including Texas, Louisiana and Florida also last month sued the federal government over its decision to freeze approvals for new export terminals for liquefied natural gas along the US...
April 12, 2024

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