Finance

Finance

Volodymyr Zelenskyy removes Ukraine’s top spy in reshuffle

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Volodymyr Zelenskyy has removed Ukraine’s popular security service chief, deepening a reshuffle of the country’s security services at a sensitive moment in efforts to end the war with Russia. Vasyl Malyuk, who oversees the … Read more

Finance

Hedge funds profit as Venezuela’s bonds surge

The price of Venezuela’s defaulted debts surged by 24 per cent on Monday following the US apprehension of Nicolás Maduro, delivering a windfall to hedge funds and other investors who had snapped up the bonds for cents on the dollar. Venezuela’s government bonds, in default since 2017, jumped to 41 cents on the dollar on … Read more

Finance

Novo Nordisk launches price war over weight-loss pills

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Novo Nordisk is launching a weight-loss pill price war as it seeks to keep pace with arch-rival Eli Lilly in the market for GLP-1 drugs. The Danish drugmaker announced on Monday that patients could purchase … Read more

Finance

Trump’s Venezuela punt could turn into an oil-drilling own goal

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world President Donald Trump likes the idea of “very large” US oil companies going into Venezuela, investing billions of dollars and getting the oil flowing again. The companies themselves have reason to be less … Read more

Finance

Venezuela and the trouble with the Donroe doctrine

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world “The Monroe Doctrine is a big deal, but we’ve superseded it by a lot, by a real lot. They now call it the ‘Donroe Doctrine.” So said Donald Trump, a few hours after … Read more

Finance

What happens next in Venezuela?

After decapitating Venezuela’s government, President Donald Trump is betting that the US can bend Caracas to its will, secure lucrative oil contracts for American companies, eject hostile powers and end drug trafficking. But other scenarios for the South American nation also beckon, such as internal strife and conflict with Washington, after Saturday’s unprecedented strike by … Read more

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