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...“We can’t change history but you can certainly change the future,” he said. “We’re very sorry for what happened. And we have done whatever we can do to see it not happen again.”...
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...“I think ultimately, the world needs energy and we’re energy traders, so if you don’t move this stuff, you know the world doesn’t work.”...
...If I’m on TV, I ask for all the make-up they’ve got, but on a day-to-day basis, I can’t be bothered. What drives you on?...
...William Lin, who has been on the leadership team since 2020, will take on responsibility for gas and low-carbon energy....
...Mowgli doesn’t form much of a connection with them, meandering through, so we sense little of the companionships that have tethered him to the jungle he doesn’t want to leave....
...“There is a media and political narrative that says we don’t need this stuff, but there is [also] a global economy that isn’t contracting,” said Mark Wilson, an analyst at Jefferies in London....
...“That’s just creating an extreme connectivity of different asset classes, which we didn’t have before,” he said....
...The market alone won’t get economies firing on all cylinders in Blackpool, Burnley or Birmingham; it needs something to help it along....
...“Capital markets is on the political agenda in pretty much every finance ministry across Europe,” said William Wright, founder of markets think-tank New Financial....
...“It doesn’t reflect the company that it was then [and] it doesn’t reflect the company that it is today,” he insisted in Lausanne. Trafigura is not alone in dealing with its past....
...To just waffle and bullshit that this is all happening while it isn’t would not be correct. I completely understand what he did, and I would completely support it.”...
...So this week, John Williams, the president of the New York Fed, made it clear that he wasn’t worried about the overall picture. He thought inflation was on its way out....
...The postponement was “the right decision” for Co-op Live “if they feel the venue is not ready to welcome visitors and their systems aren’t fully tested”, the council added....
...I’m joined now by Tom Wilson who covers energy for the FT. Hi, Tom. Tom Wilson Hi, Marc....
...“I didn’t even know being gay was a thing. I was pretty isolated and didn’t have a lot of friends, but I was allowed to choose an art elective,” he remembers....
...“They will bring it back when it doesn’t send prices south,” she said....
...The fact is that we don’t have a capital need. So what would be the driver at the end of the day?” he added, at the FT’s Commodities Summit in Lausanne....
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...“The policy isn’t going to work as a deterrent,” said one ally of Sir Keir Starmer, Labour leader. “Sunak might think it’s better to have an election before people realise that.”...
...“If you’re a Conservative, you’re really cross because it’s your flagship policy and it hasn’t delivered,” she says. “And if you’re Labour, well, hey — we thought it didn’t work and it hasn’t.”...
...Beijing isn’t super hot on the idea. How important is it for the government to deliver?...
...“[We] don’t blink on the fact we are going to pursue this as a region,” he said, adding: “And that might not be appealing to some Conservatives, let’s say.”...
...(Spoiler: it won’t persuade them otherwise.) What is Banga’s World Bank doing for us?...
...“They don’t have a tendency or loyalty to any one of the companies. They can buy their bubble tea or lemon tea from this company today and the other company tomorrow.”...
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