Fin'l Times

UK energy companies on alert after ‘Iran-linked hackers’ shut down small power facility

Security chiefs brief energy bosses with ‘advice, direction and next steps’ after cyber attack...

3 days ago

Alibaba announces $10.2bn share placement as Chinese companies expand AI investment

Equity issuance follows a strong reception for its latest Qwen 3.8-Max model...

3 days ago

Israel’s Syria strike may have been bid to provoke Turkey conflict, US envoy says

Washington’s ambassador to Ankara says attack on air base could have been ‘aggressive . . . pre-election concept’ ahead of October polls...

4 days ago

Mark Carney says Canada is now ‘at war’ with US over trade

Prime Minister says Donald Trump miscalculated by escalating his tariffs attack on the country...

4 days ago

Lula turns to Trump as unlikely ally in Brazil’s clash with Marco Rubio

Brazil’s president and US secretary of state exchange barbs ahead of the South American country’s election...

4 days ago

Europe’s fatal beauty

A less seductive continent would not attract so many enemies...

5 days ago

Bossing the bond market around never works

Despite Scott Bessent’s efforts, investors worry something is up...

5 days ago

Iran’s president calls to end war with US from ‘position of strength’

Masoud Pezeshkian’s comments reflect debate within regime over how much economic pressure country can endure...

5 days ago

US ranchers lash out at Trump’s gambit to cut beef prices

Cattle futures fall after president says unnamed foreign suppliers will provide 25% discount for three months...

5 days ago

Apollo says hackers accessed personal data in latest Wall Street breach

Private equity group’s probe determined names, home addresses and social security numbers were stolen in cyber attack last month...

5 days ago

Natalie Harp, the devoted ‘human printer’ in Trump’s entourage

The executive aide’s relationship with the president symbolises a broader sycophancy around him...

5 days ago

Citadel offloads 80% of portfolio scooped up from Situational Awareness

Ken Griffin’s hedge fund has executed more than $4bn worth of block trades...

5 days ago

US and Canada haggle over trade deal as midnight tariffs threat looms

Officials talk up prospect of agreement after Trump paused $20bn of new levies on North American trading partner...

5 days ago

Apple paid $17bn in taxes to Ireland after court ruling on back levies

New filings highlight iPhone maker’s global tax liabilities...

5 days ago

Bitcoin and gold surge as Bessent’s bond market intervention weighs on dollar

World’s biggest cryptocurrency on track for best week in more than three years...

5 days ago

Samsung to return record $80bn to shareholders

South Korean chipmaker has come under pressure to distribute more of its bumper profits from AI boom...

5 days ago

Feminism didn’t kill the male breadwinner model, the economy did

Young non-graduate men face unique setbacks...

6 days ago

What is Bessent doing with the $32tn Treasury market — and will it work?

US Treasury secretary has made a high-stakes bet he can beat back soaring borrowing costs...

6 days ago

Guggenheim loan trades in distressed territory after investor call

Chief executive Mark Walter’s business empire has come under pressure amid probe into his insurance holdings...

6 days ago

Quant funds rocked as Treasury boosts buybacks and Moderna shares leap

Tumultuous session puts further pressure on momentum trades that have been unsettled since AI-related stock sell-off...

6 days ago

The US Treasury is buying long bonds, but not very many

Speaking loudly but wielding a teeny-tiny stick in...

6 days ago

Walmart shares tumble as sales growth slows to six-year low

Retailer to use almost $2.9bn in tariff refunds to deliver price cuts for squeezed American consumers...

6 days ago

Western oil refinery closures set to continue despite war shock

North America and Europe to lose further capacity to turn oil into petrol, diesel and jet fuel because of investor wariness...

6 days ago

US long-term bonds slide as Bessent intervention fails to soothe investors

Yield on 30-year Treasuries rises despite move to ‘at least double’ purchases of securities...

6 days ago

From balloons to pans: in praise of useful tech

Companies developing new materials with previously unknown properties could change the material world...

6 days ago

Investors cut bets on US and UK rate rises

Weaker economic data has changed expectations despite a rally in oil prices...

6 days ago

Trump is losing his war of independence on rare earths

Inefficiency, untrustworthiness and cronyism are weakening the administration’s plans to stand up to China...

6 days ago

Trump announces new drive to isolate and crush Iranian economy

UAE, long a crucial trading hub for Tehran, has also suspended commercial ties...

6 days ago

Russian missile attack kills at least 13 in Kyiv

Strikes come as Ukraine struggles with a shortage of Patriot interceptor missiles...

6 days ago

Founder of collapsed Chinese property giant given life sentence

Evergrande chair Hui Ka Yan jailed following developer’s default almost five years ago...

1 week ago

The slow sucking sound of AI

Searching for signs of crowding out...

1 week ago

North Korea dismisses Trump overture

Kim Jong Un’s sister casts doubt on claim there has been communication between Pyongyang and Washington...

1 week ago

Trump proposed reviving the Keystone XL pipeline. Does Canada still want it?

The bilateral relationship has soured significantly since the project was first proposed two decades ago...

1 week ago

Hudson River posts $11.4bn trading windfall as it seizes on market tumult

Wall Street firm benefited from swings in AI stocks and volatility triggered by Iran war...

1 week ago

US government debt hits $40tn as borrowing rises at historic rate

Public spending surges despite Donald Trump’s vow to stabilise America’s public finances...

1 week ago

Fed officials express rising concern over persistently high inflation

Minutes from July central bank meeting show ‘many’ policymakers are prepared to increase borrowing costs...

1 week ago

Moderna’s cancer shot: exciting for investors, inconclusive for patients

A glimmer of hope for sufferers, a potential revenue platform for a cash-burner, and a whole heap of unknowns...

1 week ago

US Treasury to double buybacks of long-term government debt

Sharp sell-off in recent weeks has sent borrowing costs soaring...

1 week ago

Moderna share price doubles on melanoma vaccine trial success

Company’s melanoma cancer vaccine being developed with Merck...

1 week ago

Europe should wish Marco Rubio a bright future

Americans who support reckless wars are sometimes also the likeliest to defend Europe...

1 week ago

Ukraine anti-corruption team raids home of top Zelenskyy aide

Searches come hours after ousted defence minister launches a blistering attack on wartime president...

1 week ago

Chinese humanoid robot maker surges 600% in trading debut

Unitree makes stellar start in Shanghai as investors clamour for shares...

1 week ago

Iran eyes military targets in Europe if Trump escalates war, insiders say

Proposals to retaliate against US assets beyond the Middle East come as many in Tehran see renewed conflict as inevitable...

1 week ago

Venezuela abandons Nicolás Maduro to fate in US jail

Government makes no mention of freeing former leader after nearly two weeks of talks...

1 week ago

Global food security may be collateral in Ukraine war

Moscow and Kyiv’s attacks on one another’s agricultural exports could result in a worldwide grain crisis...

1 week ago

Mark Walter sought loan from Apollo backed by Lakers stake

Talks over the financing continued until Guggenheim chief reached a deal to sell the holding in the basketball team...

1 week ago

Soaring diesel prices rip across US economy

Rising fuel costs threaten new jolt of inflation ahead of November’s midterm elections...

1 week ago

Israeli strikes on Syrian air base criticised by US and Turkey

Bombing of military site is ‘an unnecessary escalation’ and underlines regional tensions over Damascus regime...

1 week ago

Government borrowing costs hit multi-decade highs

Fears over inflation and AI issuance spur bond sell-off...

1 week ago

OpenAI adds stricter controls for teens on ChatGPT amid backlash

AI start-up overhauls its chatbot for young people after high-profile lawsuits...

1 week ago