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 NEWS: FT.COM - FINANCIAL MARKETS
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   NEWS: FT.COM - FINANCIAL MARKETS
FT.com - Financial Markets
Apr 29, 2026

Bill Ackman's Pershing Square slides on Wall Street debut
Weak investor demand hits hedge fund chief's scaled-back double offering

FT.com - Financial Markets
Apr 29, 2026

Oil tops $120 as Trump signals extended Hormuz stand-off
Brent crude rises for eighth-straight day as US president says he will keep naval blockade in place

FT.com - Financial Markets
Apr 29, 2026

Farage accused of breaking Commons rules by not disclosing £5mn gift from crypto billionaire
Reform UK leader says money from Christopher Harborne was meant to make him ‘safe and secure'

FT.com - Financial Markets
Apr 29, 2026

The twilight of Opec
UAE's departure leaves Saudi Arabia trying to hold together a fractious cartel

FT.com - Financial Markets
Apr 29, 2026

Oil jumps to almost $120 as Trump signals extended Hormuz stand-off
Brent crude rises for eighth-straight day as US president says he will keep naval blockade in place

FT.com - Financial Markets
Apr 29, 2026

Oil nears highest point in Iran war as Hormuz stand-off persists
Brent crude rises for eighth consecutive day

FT.com - Financial Markets
Apr 29, 2026

France leads way in plans to shift away from fossil fuels at summit
Macron government sets out so-called roadmap ‘with a clear deadline'

FT.com - Financial Markets
Apr 29, 2026

UAE's Opec exit will drive down oil prices in future, warns Moscow
Russia and Kazakhstan confirm their intention to remain within Opec

FT.com - Financial Markets
Apr 29, 2026

UAE's Opec exit will drive down oil prices, warns Moscow
Russia and Kazakhstan confirm their intention to remain within Opec

FT.com - Financial Markets
Apr 29, 2026

Mercedes and VW challenge FCA motor finance compensation scheme
Finance arms of German carmakers among three lenders to appeal against regulator's £9.1bn redress programme

FT.com - Financial Markets
Apr 29, 2026

Mercedes challenges FCA motor finance compensation scheme
Finance arm of carmaker among three lenders to appeal regulator's £9.1bn redress programme

FT.com - Financial Markets
Apr 29, 2026

DCC considers takeover bid from KKR and Energy Capital
Shares surge more than 14% as Irish energy group becomes latest FTSE 100 company to attract proposal

FT.com - Financial Markets
Apr 29, 2026

BoE cracks down on insurers' offshore pension transfers
Regulator to change capital rules on ‘funded reinsurance' over concerns sector is exploiting arbitrage

FT.com - Financial Markets
Apr 29, 2026

CVC pumps cash into Lipton as €4.5bn tea deal comes off the boil
Private equity firm injects €210mn amid fears of a debt restructuring at Unilever's former tea business

FT.com - Financial Markets
Apr 29, 2026

Total profits jump 29% as war drives oil price surge and trading gains
French oil major doubles buybacks and increases dividend as it offsets production losses in the Middle East

FT.com - Financial Markets
Apr 29, 2026

Emerging market stocks hit record high as Asian chipmakers surge
Rally for TSMC, Samsung and SK Hynix powers EM stock index's rebound from Iran war losses

FT.com - Financial Markets
Apr 29, 2026

A quick taxonomy of fund finance
Catching up on stuff we should know but maybe didn't read

FT.com - Financial Markets
Apr 29, 2026

Opec without the UAE
Plus, gilts hit rough water

FT.com - Financial Markets
Apr 29, 2026

Ken Griffin suggests retail investors do not understand private credit
Founder of Citadel says some investors may not have realised they cannot quickly withdraw all their money from funds

FT.com - Financial Markets
Apr 29, 2026

Iran war oil price windfall gives Shell a chance to edge ahead of BP
Extra funds mean majors can now in theory increase exploration without cutting shareholder returns

FT.com - Financial Markets
Apr 29, 2026

Can Opec survive the UAE's exit?
Abu Dhabi's surprise decision to leave the oil cartel raises doubts over its future

FT.com - Financial Markets
Apr 29, 2026

The great commodities disruption
Trump's attack on Iran has served as a reminder of how interconnected the global economy remains

FT.com - Financial Markets
Apr 29, 2026

UAE opens up an Opec fissure
Exit represents a rejection of the production-control system dominated in recent years by Saudi Arabia

FT.com - Financial Markets
Apr 29, 2026

The stablecoin stumbling block
The crypto tokens are not yet safe enough to be used at scale in the settlement of large, wholesale financial transactions

FT.com - Financial Markets
Apr 28, 2026

Gloom and boom
Why the markets rise despite chaos

FT.com - Financial Markets
Apr 28, 2026

Oil price climbs above $110 for first time in three weeks
Brent crude rises after White House reiterates ‘red lines' in negotiations with Tehran

FT.com - Financial Markets
Apr 28, 2026

Bill Ackman hits lowest end of target in second IPO push
The combined listings for Pershing Square have raised about $5bn after an initial range set as high as $10bn

FT.com - Financial Markets
Apr 28, 2026

US soldier pleads not guilty over prediction trades on Maduro capture
Serviceman accused of making more than $400,000 from trading on classified information

FT.com - Financial Markets
Apr 28, 2026

RAC pumps the brakes on £5bn London IPO
Driving group flotation will probably take place in late 2026 as volatile markets push timelines

FT.com - Financial Markets
Apr 28, 2026

DR Congo creates $100mn ‘Mining Guard' to protect critical minerals
Security force aims to drive investment in African nation's resource sector

FT.com - Financial Markets
Apr 28, 2026

CVC weighs €9bn bid for Italian payments group Nexi
Deal would carve out digital banking solutions arm to prevent Rome using its veto powers

FT.com - Financial Markets
Apr 28, 2026

China poised to restart exporting jet fuel, diesel and gasoline
Beijing signals relaxation of export ban imposed at start of Iran conflict

FT.com - Financial Markets
Apr 28, 2026

UAE to leave Opec in blow to oil cartel
Move underlines long-running frustrations with group over production quotas

FT.com - Financial Markets
Apr 28, 2026

Small shareholders keep up pressure on UK bank climate policies
Lower vote in support of NatWest chair at annual meeting

FT.com - Financial Markets
Apr 28, 2026

Irish bet on gas from kitchen scraps hits policy snag
Cork plant set to come online next year may end up benefiting UK's climate goals

FT.com - Financial Markets
Apr 28, 2026

BP warns against windfall taxes as Iran war helps profits hit 3-year high
New chief Meg O'Neill says fresh levies on outsized earnings would be a ‘highly flawed response'

FT.com - Financial Markets
Apr 28, 2026

Argentina's energy economy booms amid Iran shock
High oil and gas export revenues could be an unexpected windfall for the South American nation

FT.com - Financial Markets
Apr 28, 2026

First ‘autocallable' ETF launched in Europe
Coupon-paying fund aimed at retail investors

FT.com - Financial Markets
Apr 28, 2026

Grant Thornton US to buy Australian sister firm as part of global spree
Private equity-backed accounting group vies with UK business to create international network

FT.com - Financial Markets
Mar 23, 2026

Gilts: blame the hedge funds?
No one's doing it like the Brits

FT.com - Financial Markets
Mar 23, 2026

Wall Street's big private capital problem
Plus, Victory boosts bid for Janus, private capital's financing wheeze and Giant hits Broadway

FT.com - Financial Markets
Mar 23, 2026

America keeps bailing out Trump
The country's underlying strengths are absorbing his erratic choices, including the war on Iran

FT.com - Financial Markets
Mar 23, 2026

Iran war is a risk to the flow of Gulf funds around the globe
World has come to depend on capital from the region more deeply than many realise

FT.com - Financial Markets
Mar 23, 2026

UK energy supplier flags growing debt burden as Iran conflict drives up prices
EDF says one in eight customers are already more than 45 days overdue on bills

FT.com - Financial Markets
Mar 23, 2026

Senegal tapped €650mn of undisclosed borrowing in bid to avoid default
West African nation agreed total return swaps with AFC and FAB months after separate hidden debt scandal came to light

FT.com - Financial Markets
Mar 22, 2026

Iran war leaves US oil and gas dealmaking ‘in paralysis'
Surging energy prices have made it challenging to calculate transaction valuations

FT.com - Financial Markets
Mar 22, 2026

How the Iran war could derail the AI boom
The entire chip supply chain depends on energy and chemical imports from the Middle East

FT.com - Financial Markets
Mar 22, 2026

Are investors betting on stagflation?
Market Questions is the FT's guide to the week ahead

FT.com - Financial Markets
Mar 22, 2026

Collapsed mortgage lender MFS was given all-clear in 2024 FCA review
Market Financial Solutions was complying with rules, law firm reported to UK regulator

FT.com - Financial Markets
Mar 22, 2026

World faces gas supply cliff edge as Gulf's final LNG shipments approach ports
Carriers that departed from the Middle East before Iran's missile attacks began are due to arrive in the next 10 days

FT.com - Financial Markets
Mar 22, 2026

Reading Socrates in Silicon Valley
Self-proclaimed stoics who denounce self-examination only prove the bankruptcy of the tech bro worldview

FT.com - Financial Markets
Mar 22, 2026

Chinese IPOs in US falter amid scrutiny of manipulation schemes
Regulators crack down after trading in ‘toxic' small-cap stocks from China inflicted losses on US investors

FT.com - Financial Markets
Mar 21, 2026

Middle East war day 22 as it happened: Trump sets 48-hour deadline for Iran to open Strait of Hormuz
US president threatens to strike Iran's power plants if the waterway is not opened for shipping

FT.com - Financial Markets
Mar 21, 2026

Canada's oil producers in line for C$90bn windfall from Iran war
Rising crude price will boost export revenue as Mark Carney seeks to counter Donald Trump's trade wars

FT.com - Financial Markets
Mar 21, 2026

US fertiliser bosses cash in as Iran war boosts shares
CF Industries aided by access to low-cost US natural gas as energy crisis slams Asian and European competitors

FT.com - Financial Markets
Mar 21, 2026

Chart of the Week: Global rates show deeper war fears
Investors are becoming increasingly hawkish

FT.com - Financial Markets
Mar 21, 2026

Iran fires missiles at UK's Diego Garcia base
Attack significantly exceeds Tehran's previously known capabilities, stoking fears in Europe

FT.com - Financial Markets
Mar 21, 2026

Iran launches 10mn rial banknote as war triggers dash for cash
Iranians queue to get hold of highest-ever denomination bills as US-Israeli strikes fuel demand for hard currency

FT.com - Financial Markets
Mar 21, 2026

Iran lets grain ships through Hormuz to shore up food supply
Agriculture has been a ‘pain point' for Tehran after it imposes de facto blockade of waterway in response to US-Israeli war

FT.com - Financial Markets
Mar 21, 2026

Iran war raises the risk of a bond market shock
Wild swings in UK gilts point to strains that will hurt government finances and jack up borrowing costs for us all

FT.com - Financial Markets
Mar 21, 2026

EU member states urged to lower gas storage targets due to Iran war
European Commission proposes steps to try to reduce demand for energy from households and industry

FT.com - Financial Markets
Mar 21, 2026

Cargill uses AI to get more meat from the bone as beef prices soar
System called CarVe spots flecks of meat on carcasses as they move along the production line

FT.com - Financial Markets
Mar 20, 2026

Amazon-backed nuclear reactor group X-energy files for IPO
Start-up aims to capitalise on rising interest in atomic power due to growing power demand from AI

FT.com - Financial Markets
Mar 20, 2026

Trump considers ‘winding down' US military operations against Iran
President says US ‘very close' to meeting military objectives, though Pentagon orders more troops to Middle East

FT.com - Financial Markets
Mar 20, 2026

Flagship Blackstone credit fund posts first monthly loss since 2022
Loan markdowns and market declines led to negative return for the first time in more than three years

FT.com - Financial Markets
Mar 20, 2026

Middle East war day 21 as it happened: Trump considers ‘winding down' US military operations, Pentagon orders thousands more troops deployed to region
President says US ‘very close' to meeting its military objectives in Iran but does not want a ‘ceasefire'

FT.com - Financial Markets
Mar 20, 2026

UK borrowing costs reach highest level since 2008 as economic hit from war mounts
Ten-year gilt yield jumps to 5% as fears over inflation shock intensify

FT.com - Financial Markets
Mar 20, 2026

A bet on Bill Ackman's new listing is complex
The hedge fund manager is seeking to extend his Pershing Square portfolio in multiple vehicles

FT.com - Financial Markets
Mar 20, 2026

Iran war will scar the global economy
Scenarios that markets and policymakers hoped to avoid are now materialising

FT.com - Financial Markets
Mar 20, 2026

How the oil shock might spread
Measures undertaken by vulnerable economies may be only the start of things to come

FT.com - Financial Markets
Mar 20, 2026

Investors start to bet on US interest rate rises amid inflation fears
Traders price in almost 50% chance of higher borrowing costs by October, in potential blow to Trump's calls for cuts

FT.com - Financial Markets
Mar 20, 2026

Retail investors aren't crazy for Farage and Kwarteng's bitcoin business
Unpopular

FT.com - Financial Markets
Mar 20, 2026

UK borrowing costs hit highest level since 2008 amid inflation shock
Ten-year gilt yield jumps above 5% as borrowing numbers add to concerns over energy price surge

FT.com - Financial Markets
Mar 20, 2026

Why is the Iran crisis pummelling the gilts market?
An inflationary energy shock has drained optimism over UK rate cuts and hammered popular hedge fund trades

FT.com - Financial Markets
Mar 20, 2026

Goldman's chief warns private credit risks show cycle ‘has not been repealed'
David Solomon's comments in annual shareholder letter underscore Wall Street's wariness around non-bank lending

FT.com - Financial Markets
Mar 20, 2026

UK regulator to probe collapsed mortgage lender MFS
Investigation follows failure of Mayfair-based lender and linked companies owned by founder Paresh Raja

FT.com - Financial Markets
Mar 20, 2026

Iran war is the greatest threat to global energy ‘in history', warns IEA
Agency's head Fatih Birol says recovery of oil and gasfields in Gulf region could take more than six months

FT.com - Financial Markets
Mar 20, 2026

Is it time for me to buy equities again?
Many price/earnings ratios have fallen back to long-run averages

FT.com - Financial Markets
Mar 20, 2026

India's central bank battles to protect rupee from Iran war fallout
RBI burns through more than $20bn of foreign exchange reserves this month trying to defend currency, say bankers

FT.com - Financial Markets
Mar 20, 2026

IEA calls for working from home, driving slower and flying less to tackle energy crisis
Agency says consumer demand measures needed to manage Iran war's disruption to global markets

FT.com - Financial Markets
Mar 20, 2026

Interest rates take fright
The market's calm in the face of war is beginning to crack

FT.com - Financial Markets
Mar 20, 2026

EU agrees on review of emissions trading system as energy crisis bites
Also in this newsletter: Macron urges Brussels to counter election interference

FT.com - Financial Markets
Mar 20, 2026

Desperation, thy name is Scott Bessent
Desperation, thy name is Scott Bessent

FT.com - Financial Markets
Mar 20, 2026

Meat cargoes bound for Gulf stranded as conflict hits Eid trade
Shipments from east Africa including goat and cattle meat have plummeted and transport costs have soared

FT.com - Financial Markets
Mar 20, 2026

Airlines draw up contingency plans over jet fuel shortage fears
War in the Middle East is disrupting supplies and driving up prices

FT.com - Financial Markets
Mar 20, 2026

How insurers' private credit binge is fuelled by black-box feeder funds
Rated note feeders attract favourable capital treatment, transforming stakes in private markets funds into top-rated bonds

FT.com - Financial Markets
Mar 20, 2026

The ‘Armageddon scenario' for gas markets
Traders and analysts warn of lasting disruption after damage to Qatar facility that supplies a fifth of the world's LNG

FT.com - Financial Markets
Mar 19, 2026

China cracks down on fuel and fertiliser exports
Beijing is trying to preserve its own stockpiles by limiting sales

FT.com - Financial Markets
Mar 19, 2026

US sending thousands more troops to Middle East
Oil steady at about $110 a barrel as Iran resumes missile strikes against Gulf states

FT.com - Financial Markets
Mar 19, 2026

Middle East war day 20 as it happened: White House not considering oil export ban, Benjamin Netanyahu says US-Israeli strikes have destroyed Tehran's ability to enrich uranium
Treasury secretary Scott Bessent said Washington could order a second release from its strategic petroleum reserve

FT.com - Financial Markets
Mar 19, 2026

US-Israel strikes have destroyed Iran's ability to enrich uranium, Netanyahu says
Israeli prime minister suggests war will end ‘a lot faster than people think'

FT.com - Financial Markets
Mar 19, 2026

China curbs ‘low-quality' listings to cool Hong Kong IPO boom
Regulator targets some opaque ‘red-chip' structures but signals the market for new issues is still open

FT.com - Financial Markets
Mar 19, 2026

The Fed's juggling act
How will the US central bank handle inflation and a slowing economy?

FT.com - Financial Markets
Mar 19, 2026

Gilts sell off after Bank of England warns of inflation risks
MPC holds rates at 3.75% as war in Middle East continues to push energy costs higher

FT.com - Financial Markets
Mar 19, 2026

SEC urged to restrict Chinese companies' access to US capital markets
Fear of national security risks and investor protections spurs rare bipartisan call for action from financial regulator

FT.com - Financial Markets
Mar 19, 2026

This gas crisis is bad — but not as bad as the last one
Whatever happens in the Middle East, European prices are unlikely to rise as much as they did in 2022

FT.com - Financial Markets
Mar 19, 2026

Crispin Odey's pay was cut over sexual misconduct claims after FCA pressure
Tribunal hears that financier had 40% of his management fees slashed by his hedge fund

FT.com - Financial Markets
Mar 19, 2026

Europe needs to prepare now for an extended energy shock
Flows of oil and gas do not resume like turning a tap back on

FT.com - Financial Markets
Mar 19, 2026

Tokens may soon drive the AI economy
Jensen Huang of Nvidia has outlined a future based around the production, consumption and monetisation of output units

FT.com - Financial Markets
Mar 19, 2026

Iran allows handful of favoured ships through Strait of Hormuz
Passage for vessels is designed to show Iran's dominance over waterway and limit diplomatic isolation, analysts suspect

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