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Biotech
Drugmakers race to find alternative suppliers as US cracks down on Chinese biotech
...Western pharmaceutical companies are in talks with alternative suppliers in response to draft US legislation seeking to restrict an important Chinese drug developer and manufacturer over national security...
April 11, 2024
European banks
Monaco private bank faces US lawsuit based on anti-mafia laws
...A court has agreed that a Russian businessman can sue a Monaco private bank under US anti-mafia organised crime legislation from 1970 that has never been used against a bank in Europe....
April 10, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Banking & Savings
Latest National Savings & Investments rates
...Check the latest interest rates on National Savings & Investments accounts. See our coverage of the latest savings and investment issues....
March 28, 2024
The FT ViewThe editorial board
America’s robust national economy hides its weak spots
...Despite the impressive national economic data — which Biden reeled off in his speech — surveys suggest Americans put more faith in Donald Trump to handle the economy....
April 3, 2024
FT Schools
US High School Economics class: America’s robust national economy hides its weak spots
...Read our full range of US High School economics picks here....
April 11, 2024
US-China relations
Chinese pharma group lobbies against US biotech crackdown
...to be a threat to national security....
March 19, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
US bank regulator proposes new hurdles to bank mergers
...A top US bank regulator is proposing new limits on big bank mergers, in the wake of the failure of Silicon Valley Bank and two other banks last year, and the recent market turmoil around New York Community...
March 21, 2024
Exchange traded funds
China ‘national team’ ETF buying reaches $57bn this year, says UBS
...Analysts at the bank said they derived the figure by making estimates based on calculations on excess transactions for 54 Chinese ETFs....
March 4, 2024
US banks
Loan growth stalls at largest US banks
...The largest US banks lent billions of dollars less in the first quarter, in a sign that corporate borrowers are paying down debt as interest rates hover at historically high levels....
April 16, 2024
Citigroup Inc
Citigroup profits beat forecasts as bank sheds thousands of jobs
...Citigroup reported better than expected quarterly profits as the bank said it was on track to shed 7,000 jobs this year, a sign that the revamp of the US’s fourth-largest lender may be starting to pay off...
April 12, 2024
News updates from December 14: BoE and ECB hold rates steady, ECB’s Lagarde pushes back against rate cuts expectations
Swiss National Bank keeps rates on hold
...The Swiss National Bank has become the latest central bank to leave its main interest rate on hold, keeping its policy rate at 1.75 per cent....
December 14, 2023
LexUS politics & policy
President Joe Biden’s US Steel intervention clashes with call for rules-based order Premium content
...On Thursday, President Joe Biden threw cold water on Nippon Steel’s pending $15bn acquisition for US Steel, once a national icon. He said US-steel should remain American....
March 14, 2024
US employment
US labour watchdog attracts enemies from Amazon to SpaceX
...labour laws “without the pro-union boss bias and partisanship endemic to the National Labor Relations Board”....
March 14, 2024
Adidas AG
German national football team ends 77 years of sponsorship with Adidas
...our best, no one can beat us.”...
March 21, 2024
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
Ross McEwan to step down as chief of National Australia Bank
...Former Royal Bank of Scotland head Ross McEwan will stand down in April as chief executive of National Australia Bank, the country’s third-largest lender....
February 6, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Federal Deposit Insurance Corp
US regulator criticises Swiss handling of Credit Suisse as ‘unhelpful’
...The US has eight G-SIBs: JPMorgan, Citigroup, Bank of America, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street and Wells Fargo....
April 10, 2024
TikTok Inc
US bill would ban TikTok from app stores unless ByteDance divests it
...The White House welcomed the TikTok legislation, saying it was an “important” step towards addressing the threat from technology services that pose a risk to Americans’ data and US national security....
March 6, 2024
Boeing Co
Boeing to pay $51mn US penalty over arms export violations
...The US government found the exports to China between 2013 and 2017 “caused harm to US national security”, according to the proposed charging letter from the state department....
March 1, 2024
US intelligence
Russia seeks new nuclear capabilities in space, US intelligence shows
...President Joe Biden’s national security adviser, Jake Sullivan, refused to shed light on the undisclosed threat on Wednesday, which US media reports had earlier linked to Russia and space....
February 15, 2024
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
US charges interpreter of baseball star Shohei Ohtani over $16mn bank fraud
...Ohtani, who is from Japan and did not speak English, had no knowledge Mizuhara was accessing his bank accounts to cover gambling losses, the US attorney’s office in California said....
April 11, 2024
McKinsey
US Republicans call for McKinsey to be banned from federal contracts
...“It’s shocking that a US company allegedly supported the Chinese Communist party’s efforts to develop policies and plans that violate international trade rules and threaten American national security and...
February 24, 2024
FT News Briefing podcast12 min listen
It’s central bank week!
...Central banks take centre stage this week, Benjamin Netanyahu defies western allies over his strategy in Gaza, and the US National Labor Relations Board is facing challenges from some major companies....
March 18, 2024
Israel-Hamas war
US hopeful of Gaza ceasefire and hostage deal in ‘coming days’
...US national security adviser Jake Sullivan said on Sunday he hoped a “firm and final agreement” on a temporary Gaza ceasefire and the release of hostages could be reached “in the coming days”, after progress...
February 25, 2024
News updates from February 14: UK inflation holds steady, Uber debuts $7bn share buyback
US facing ‘serious’ national security threat, House intelligence panel chair says
...President Joe Biden’s national security adviser, Jake Sullivan, refused to shed light on the undisclosed threat on Wednesday, which some reports in US media linked to Russia and space....
February 14, 2024
US politics & policy
US Senate approves $95bn bill that includes aid to Ukraine
...The US Senate has approved a $95bn national security funding bill including new aid to Ukraine, but the legislation risks languishing in the House of Representatives because of opposition from Donald Trump...
February 13, 2024

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