Finance

Finance

US fines for dirty money drop 61% as Trump retreats from enforcement

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US regulators collected 61 per cent less in fines for money laundering and sanctions breaches in 2025, after watchdogs took a more lenient approach under President Donald Trump. Total fines imposed by the … Read more

Finance

Warner Bros plans to reject Paramount’s latest hostile bid

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Warner Bros Discovery plans to reject the latest takeover proposal from Paramount, even after billionaire Oracle co-founder Larry Ellison agreed to personally backstop the $108bn hostile bid. WBD’s board still views the $83bn deal it … Read more

Finance

Federal Reserve minutes highlight deep fissures at US central bank

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US rate-setters clashed at their meeting this month over whether or not to prioritise fighting inflation over a cooling labour market, minutes of one of the most divided monetary policy votes in recent decades highlighted. … Read more

Finance

FTSE 100 loses the last of its industrial conglomerates

The UK’s industrial conglomerates were once a cornerstone of the domestic market. But the FTSE 100 this year lost the last of those diversified engineering and manufacturing businesses, with the break-up of Smiths Group and the slimming down of DCC. After decades of retreat by public market investors from the sprawling business models, the unravelling … Read more

Finance

Ukraine seeks to contain diplomatic fallout over Vladimir Putin’s attack claim

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Ukrainian officials rushed on Tuesday to contain the diplomatic fallout of a Russian allegation that Kyiv’s long-range drones had targeted Vladimir Putin’s residence, calling it a falsehood designed to sabotage negotiations with the … Read more

Finance

Dollar on track for steepest annual drop for almost a decade

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US dollar is heading for its steepest annual drop since 2017, with Wall Street banks predicting further weakness next year as the Federal Reserve presses ahead with interest rate cuts. The greenback has slumped … Read more

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