Finance

Finance

Russian army casualties in Ukraine surge

Russia’s army in Ukraine has suffered a sharp rise in men killed or missing in action, according to European and Ukrainian officials, reducing the chances of the battlefield breakthrough President Vladimir Putin seeks. The recent jump in losses will make it harder for Russian forces to sustain gruelling offensive operations, which in some areas have … Read more

Finance

BP suspends share buyback plan

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. BP has suspended its share buyback programme, scaled back spending plans and sold a stake in a US business, as the prospect of a weaker oil price prompts the UK group to shore … Read more

Finance

Top bosses depart Canadian pension fund after Thames Water fiasco

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of Canada’s biggest pension funds has parted ways with two top infrastructure executives after writing off its stake in Thames Water and the souring of another high-profile European investment. Alastair Hall, senior managing director … Read more

Finance

Standard Chartered finance chief leaves for Apollo

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Standard Chartered’s chief financial officer Diego De Giorgi, who had been seen as in contention to succeed chief executive Bill Winters at the bank, has resigned to work at US asset manager Apollo. StanChart on … Read more

Finance

Carlyle’s flagship buyout funds gain after flurry of portfolio IPOs

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. US private equity pioneer Carlyle Group says performance in its flagship buyout business has stabilised after taking a handful of investments public, restoring investor confidence after a turbulent period. John Redett, co-president of Carlyle and … Read more

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