Crude hits six-month high as new US sanctions trigger global supply fears
Brent crude, the international benchmark, rose as much as 1.9 per cent to $81.29 a barrel in London, beyond the $80.93 high of last October. The gains followed a 3 per cent rise on Friday following ...
Bill Ackman aims to create ‘modern-day Berkshire Hathaway’ with Howard Hughes deal
Bill Ackman’s Pershing Square has offered to buy the shares it does not already own in real estate developer Howard Hughes ...
Trump’s trade coercion will harm the US and its allies
Playing havoc with the integrity of the EU and letting a wrecking ball smash into the global semiconductor industry will do a lot more damage than mucking about with tariffs on Lego. Lifting sanctions ...
TikTok ban could create a valuable prize: users’ brain space
It is the company’s access to user brain space, though, that holds real value — a proxy not just for future advertising revenues, but also the potential to feed users into other products. Morgan ...
Cutting aeroplane contrails is an easy climate win
Tackling contrails, those silver streaks that form across both cold and humid skies, is the closest thing we have to a silver ...
Activists spy rich pickings in UK investment trusts
The UK investment trust sector is in trouble. Talk of an existential crisis is not an overstatement. Rather like ETFs, closed ...
And the FTAV charts quiz winner is
A Friday charts quiz???? On a Friday???? We were as shocked as you, but happen it did, and answers we have, thusly: That’s the spread between 10-year US treasuries and 10-year gilts. Much to consider.
Lloyds to assess office attendance when awarding top executives’ bonuses
Since early 2023, Lloyds has required staff to be in the office at least two days a week. Under the bank’s new plan, office ...
Big US banks set for $31bn quarterly profit as Wall Street business booms
Bank shares have already risen sharply in recent months, with the broad KBW banks index up 33 per cent in the past year, ...
Joe Biden imposes export controls on chips used for AI to limit China
The Biden administration on Monday unveiled a new export control regime that gives 20 close allies and partners uninhibited access to AI-related chips while placing licensing requirements on most ...
Why hasn’t Tulip Siddiq been sacked?
Good morning. “Seriously though, why is Tulip Siddiq still in her job?” That’s the question you kept asking last week as the FT revealed a series of stories about her family and her connections to ...
Porsche deliveries to China drop 28% amid rising competition
The German maker of sports cars on Monday said it delivered 56,887 vehicles to China last year, down 28 per cent on the year before. The slump offset growth in all other regions, pushing down ...