Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Apollo Global has grown increasingly bearish about technology companies vulnerable to artificial intelligence, betting against several large loans to software makers and cutting its exposure to the sector. Apollo, with more than $900bn in assets, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Less than two weeks before Christmas, Danes are sending their last Christmas cards. Not their last for this year, but the last ever to be delivered by the national postal service. From the year-end, PostNord … 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 Jamie Dimon has signalled support for former Federal Reserve governor Kevin Warsh to be the US central bank chair, while also telling Wall Street executives that Kevin Hassett is likelier to back Donald … Read more
JPMorgan Chase is facing the ire of some of the world’s biggest investors over the bank’s role in a complex multibillion-dollar refinancing at Patrick Drahi’s telecoms group Altice USA that threatens them with heavy losses. After the Altice deal, and an antitrust lawsuit it filed against investment groups including Apollo Global Management, Ares Management, BlackRock … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an FT contributing editor In early December, the US state of New Hampshire announced what it called the “world’s first bitcoin-backed municipal bond”. Munis — bond issues from American states and cities … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There is no more heartbreaking moment in a romantic film than when the hero is rebuffed by the object of his affection. “It would be the honour of a lifetime to be your partner,” David … Read more
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The EU froze indefinitely €210bn of Russian sovereign assets held in the bloc on Friday as Kyiv and its European allies sought to strengthen their hand at a critical phase in US-orchestrated peace talks. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Labour MP who introduced the UK assisted dying bill has criticised the “very slow” progress of the legislation through the House of Lords, amid broader concerns that parliament’s upper chamber is acting as a … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Labour party has lost about 100,000 members since last year’s general election, underscoring the dramatic fall in Sir Keir Starmer’s popularity and the surge in support for smaller parties. The governing party’s membership now … Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US tech stocks fell on Friday, as a sharp decline in Broadcom’s shares following the chipmaker’s earnings underlined investors’ nervousness about high valuations in companies linked to the artificial intelligence boom. The tech-heavy Nasdaq Composite … Read more