Private credit investors pulled more than $7bn from some of the biggest funds on Wall Street in the final months of last year, as jitters over credit quality following the bankruptcies of First Brands and Tricolor hit one of the fastest-growing parts of finance. Funds managed by Apollo Global Management, Ares Management, Barings, Blackstone, BlackRock’s … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world New York City’s pension fund could begin reinvesting in Israeli government bonds, even though new mayor Zohran Mamdani supports divesting from Israel over its conduct in the war in Gaza. “The Israel bonds … Read more
Just over a month ago Robert Jenrick was running through Newark dressed in a Santa hat with the man he credits with masterminding his re-election to the constituency as the Conservative candidate in 2024. A few weeks on, and Sam Smith, 29, a local Conservative councillor who has worked closely with Jenrick for five years, … Read more
How isolation, intransigence and desperate economic hardship provoked an upsurge of protest that brought the regime to the brink
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US President Donald Trump is using language on Greenland similar to that of the “gangsters” in Russia and China he should be trying to control, the former head of Nato has said. Anders … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels is to propose phasing out Chinese-made equipment from critical infrastructure in the EU, barring companies such as Huawei and ZTE from telecommunications networks, solar energy systems and security scanners, according to officials. The move … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Monzo is set to concede to demands from top shareholders for an expanded role for TS Anil when he steps down as chief executive next month, after the announcement of his departure triggered an investor … Read more
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. Auberon Waugh, son of the novelist Evelyn, died a quarter of a century ago this month. Never likely to match the old man sentence for sentence, he nonetheless plugged away at journalism. He had … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Supreme Court has agreed to hear Bayer’s appeal in a closely watched case that could limit thousands of lawsuits alleging its Roundup weedkiller causes cancer, offering the prospect of relief to the German … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Claims including by President Donald Trump that the children of pregnant women who use paracetamol are at higher risk of developing autism is unsupported by the evidence, according to a comprehensive review of … Read more