Business News
By Hannah Confino JERUSALEM (Reuters) – Israel is moving towards a ceasefire in the war with Lebanon’s Hezbollah but there are still issues to address, the government said on Monday, while the Israeli ambassador to the United States was quoted saying a deal could transpire within days. Efforts to clinch a truce appeared to be … Read more
Stay informed with free updates Simply sign up to the UK property myFT Digest — delivered directly to your inbox. Renewed inflation fears are hammering the UK property sector, as anxieties over borrowing costs, the UK Budget and the election of Donald Trump have sent shares spiralling downwards. The six biggest listed housebuilders by market … Read more
Good morning. At the time I’m writing this, the price of Bitcoin is flirting with $100,000 for perhaps the third time in the last week. That’s about 40% higher than it was before Election Day in the U.S. and 120% more than it started the year. Why mention it? Oh, no reason. Today’s news below. … Read more
TotalEnergies, the French energy giant, has announced a pause on any new financial contributions to Adani Group ventures following U.S. authorities’ indictment of certain Adani executives over an alleged corruption scheme linked to Adani Green Energy Limited (AGEL). While the indictment does not implicate AGEL or its related companies, TotalEnergies, which holds a 19.75% stake … Read more
Roughly 30 years ago, the advent of the internet changed the growth trajectory for businesses across the globe. Although it took a few years for the internet to mature as a technology and for businesses to fully understand how to harness its potential, it’s had a notably positive impact on long-term growth trends. Since the … Read more
Nov. 25, 2024 5:48 AM ETSPDR® Gold Shares ETF (GLD), USOIAU, UCO, SLV, SIL, GDX, DBO, UNG, FCG, JJCTF, USL, SCO, SGOL, SIVR, GDXJ, UNL, PHYS, COPX, BNO, PSLV, NUGT, BOIL, KOLD, CPER, RING, OUNZ, SILJ, GUSH, DRIP, USOI, BAR, GLDM, AAAU, CO1:COM, NG1:COM, CL1:COMBy: Arundhati Sarkar, SA News Editor gorodenkoff Gold and other precious … Read more
By Abhijith Ganapavaram (Reuters) – UK-based Vertical Aerospace said on Monday that investor Mudrick Capital has agreed to convert 50% of its outstanding convertible debt notes to equity and extend the repayment date on the rest to December 2028, giving the cash-strapped air-taxi maker financial breathing room. Mudrick will also commit $25 million in upfront … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US dollar weakened on Monday as the nomination of Scott Bessent as Treasury secretary eased investor fears over president-elect Donald Trump’s trade tariff plans. The dollar index, which tracks a basket of currencies such … Read more
A bankruptcy judge is set to hear arguments Monday in conspiracy theorist Alex Jones ’ effort to stop the satirical news outlet The Onion from buying Infowars and turning it into a parody. Jones alleges fraud and collusion marred the bankruptcy auction in which The Onion was named the winning bidder on Nov. 14 over a company affiliated … Read more
The Ministry of Finance, in its Monthly Economic Review (MER) for October, has highlighted India’s cautious economic optimism against a backdrop of global turbulence. While the United States has outpaced growth expectations, the report points to structural weaknesses in Europe, China’s economic slowdown, and heightened geopolitical tensions as significant challenges for global growth. India’s domestic … Read more