Finance

Finance

The myth of the imminent Conservative revival

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the words of the noted political analyst, Ferris Bueller, “life moves pretty fast”. Three months ago, Conservative MPs were muttering the obsequies for Kemi Badenoch’s leadership and marking the days till she was replaced … Read more

Finance

The EU’s economic security blanket is patchy and thin

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It has been two years since the European Commission published an economic security strategy long on abstract verbs (“promote, protect, partner”) and short on specific actions. It was clearly time for an update. Two weeks … Read more

Finance

Meta’s Yann LeCun targets €3bn valuation for new AI start-up

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Meta’s chief artificial intelligence scientist Yann LeCun is in early talks to raise €500mn for his new start-up, in a move that would value the AI company at about €3bn before it has officially launched. … Read more

Finance

BP turns to outsider Meg O’Neill to simplify sprawling empire

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP’s next chief executive Meg O’Neill is stepping into one of the toughest jobs in global energy: the first outsider to lead the British company, now charged with reshaping a sprawling business and a corporate … Read more

Finance

EU leaders vow to agree funding for Ukraine

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. EU leaders vowed to find the money to cover Ukraine’s financing needs at a summit in Brussels on Thursday, even as Belgium restated its unwavering opposition to using Russia’s frozen assets. The bloc is … Read more

Finance

How a Swiss compromise could save UBS billions

Nearly two years after the Swiss government first proposed significantly increasing the capital requirements of UBS — igniting a heated dispute with the country’s largest bank — there are signs that the debate is finally moving in a more amicable direction. A cross-party group of Swiss politicians last week laid out a set of compromise … Read more

Finance

Carmakers sour on EU’s ‘disastrous’ petrol engine rule changes

Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The car industry has soured on the EU’s plan to ease the 2035 ban on combustion engines as details have become clearer, with some executives warning the “disastrous” changes would lead to more expensive vehicles. … Read more

Finance

US approves $11bn arms sale to Taiwan

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US has approved an $11.1bn arms sale to Taiwan, the largest such package of its kind as Taipei comes under increasing pressure to prepare itself against the threat from China. The package, … Read more

Finance

Can Venezuela’s Nicolás Maduro survive Donald Trump’s oil blockade?

Venezuela’s leader Nicolás Maduro faces his biggest challenge yet after President Donald Trump announced a blockade of the South American nation’s sanctioned oil exports, but Washington will probably need military action to oust the long-ruling autocrat, experts said. Trump declared Maduro’s revolutionary socialist government a foreign terrorist organisation on Tuesday and vowed “a total and … Read more

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