Business News
District Media Group President Beverly Hallberg and author Carol Roth discuss whether its time for big American companies to ditch their DEI programs on Making Money. Jaguar could be facing its own Bud Light moment after online backlash to a new ad Tuesday. The car brand released a new promotional video debuting its reimagined logo … Read more
By Ankika Biswas and Joao Manuel Vicente Mauricio (Reuters) -Europe’s main stock index was set to snap a three-session streak of declines on Wednesday as technology stocks rebounded, while safe-haven bids took a backseat as investors monitored ongoing developments around the Ukraine-Russia conflict. A day after Russia lowered its threshold for a nuclear strike, Reuters … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tokyo Metro has promised to bring Japanese reliability and punctuality to London, after securing a contract to jointly operate the Elizabeth Line. The subway operator has vowed to boost the frequency of services on London’s … Read more
The best-selling video game “Minecraft” is to become a real-life destination, as part of a multi-million-pound deal between theme park operator Merlin Entertainments and video game developer Mojang Studios. Merlin said it had agreed an initial £85-million ($107.5-million) deal with the Swedish company to create attractions based on the game at its existing parks in … Read more
Department of Investment and Public Asset Management (DIPAM) and Finance Secretary Tuhin Kanta Pandey said the government is confident of meeting the 4.9 per cent fiscal deficit for the year. He also spoke about the new Central Public Sector Enterprises (CPSEs) capital restructuring norms that mandates them to pay a minimum of 30 per cent … Read more
FRANKFURT (Reuters) – The European Central Bank warned on Wednesday about a “bubble” in stocks related to artificial intelligence (AI), which could burst abruptly if investors’ rosy expectations are not met. The warning came as part of the ECB’s twice-yearly Financial Stability Review, a laundry list of risks ranging from wars and tariffs to cracks … Read more
Earnings Snapshot: NIO reports 11.6% delivery growth, beats top-line estimates; initiates Q4 outlook
Rep. August Pfluger, R-Texas, discusses U.S. energy policy under the Trump administration on Maria Bartiromos Wall Street. President-elect Trump has tapped two energy czars to oversee the expansion of American energy in his second term, and the industry has already handed the incoming administration and Congress a wish list of what they would like to … Read more
SHANGHAI/HONG KONG (Reuters) – Major Chinese fund companies announced a reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the rapidly expanding $400 billion sector of the market. The move to cut management and custodian fees came a day after Wu Qing, China’s chief securities regulator, pledged … Read more
Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. The Eurozone risks another debt crisis if the bloc cannot boost growth, lower public debt and fix “policy uncertainty”, the European Central Bank has warned. In its annual Financial Stability Review, published on Wednesday, the … Read more