Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. In a funny and admittedly petty sense, this has been a great week for Europe. With little fuss, but perhaps a somewhat satisfied grin, Greek Prime Minister Kyriakos Mitsotakis revealed that he planned to withdraw … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. One of Silicon Valley’s largest investment firms, Lightspeed Venture Partners, is shifting its focus to the secondary market, in a sign that the traditional venture capital model is under threat. Lightspeed has filed with the … Read more
Stay informed with free updates Simply log in to the American inflation myFT Digest – delivered straight to your inbox. U.S. inflation fell to 3.3 percent in May, raising expectations of early rate cuts and boosting the stock market and President Joe Biden. The figures, released Wednesday before Federal Reserve officials were set to outline … Read more
Oil markets are comfortably supplied until 2030, according to the IEA’s new medium-term outlook, although a relentless focus on energy security will remain crucial as powerful forces transform the sector Global oil demand growth is expected to slow in the coming years as energy transitions progress. At the same time, global oil production is expected … Read more
Apple Vision Pro will finally launch outside US markets this summer, the brand confirmed at WWDC 2024. While that’s huge news for any Apple fan who’s been waiting all this time to put the luxury headset into practice, it’s a competitive game. several months for every manufacturer in that market. The best VR headsets available … Read more
A victory in the Labor election will be a “net positive” for financial markets, say strategists at US bank JP Morgan, in an analysis that underlines the appeal of Keir Starmer’s “centrist platform” for the City of London. A Labor majority would benefit banks, builders and supermarkets, analysts led by JP Morgan’s head of global … Read more
Sun Jun 2, 2024 7:29 PM EDT CNBC Pro: Profits at these five global banks will remain high despite an ECB rate cut, Berenberg says Despite a rate cut expected this week, profits at a handful of major European banks will remain robust, according to Berenberg. One of the lender’s shares could rise more than … Read more
On Sunday, the Organization of the Petroleum Exporting Countries and their partners in OPEC+ agreed to extend a series of production cuts first announced last year. The duration of that extension, widely expected to cover the second half of 2024, will instead cover the rest of this year and all of 2025. In a sense, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Indian markets hit record highs after exit polls predicted a landslide election victory for Prime Minister Narendra Modi, whose third term promises investors a resumption of his infrastructure-led economic drive and market-friendly reforms. A series … Read more
Unlock the US Election Countdown newsletter for free The stories that matter about money and politics in the race for the White House A Donald Trump victory in the US presidential election would be more “bearish” and “disruptive” for bond markets than Joe Biden’s re-election, according to longtime fixed income investor Bill Gross. Trump’s return … Read more