Manny Newman powered up the 10 screens on her desk in London’s South Kensington late on Sunday night, bracing for what would become the most volatile trading session the oil market has ever seen. Over the next 23 hours, the benchmark Brent crude price surged to as high as $119 a barrel before plunging to … Read more
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Stay informed with free updates Simply sign up to the German economy myFT Digest — delivered directly to your inbox. Weak export and industrial data has cast doubt on the strength of Germany’s recovery from years of stagnation, even before any shock from the recent surge in energy prices. The “entire German economy” had a … Read more
To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
The world’s biggest private equity sports business, CVC’s Global Sport Group, has been valued at €7bn after a complex financing deal that will see a KKR-owned insurer and bond giant Pimco inject about €3bn of debt. The deal comes after CVC had spent months trying unsuccessfully to sell a large stake in GSG at a … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli officials are preparing for an extended campaign against the Lebanese militant group Hizbollah that is likely to continue beyond the end of the war against Iran, according to people briefed on the discussions. Israeli … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lego’s chief executive has lambasted Danish Prime Minister Mette Frederiksen’s wealth tax proposal, arguing it would hurt the rich Scandinavian country significantly. Niels Christiansen, head of the world’s largest toymaker, told the FT that the … Read more
To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
The manner in which Iran’s supreme leader Ayatollah Ali Khamenei was killed by the US and Israel — at work in his office with family members present — evoked for Mikaeel Dayani one of the central stories of Shia Islam: the martyrdom of Imam Hussein, the third imam and grandson of the Prophet Mohammed. Dayani, … Read more