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 NEWS: FT.COM - FINANCIAL MARKETS
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   NEWS: FT.COM - FINANCIAL MARKETS
FT.com - Financial Markets
May 25, 2026

Two LNG tankers pass through Strait of Hormuz
Another vessel carrying crude oil crossed the vital shipping lane on Saturday

FT.com - Financial Markets
May 25, 2026

Italian bank CDP to raise stake in payments group Nexi after CVC weighs bid
Cassa Depositi e Prestiti's move comes as buyout firm had considered €9bn bid for Milan-listed group

FT.com - Financial Markets
May 25, 2026

Prize draw businesses have better luck than the average punter
Lack of regulation has helped draw operators to thrive

FT.com - Financial Markets
May 25, 2026

Inside Chris Hohn's Top Hedge Fund
Plus, James Anderson sees end to tech boom, SpaceX IPO trading frenzy and the Old Vic's all-female Glengarry Glen Ross

FT.com - Financial Markets
May 25, 2026

Jardines signals pivot with $2.4bn Australian radiology deal
Acquisition of I-MED is Hong Kong-based conglomerate's first since strategic overhaul

FT.com - Financial Markets
May 25, 2026

Investors can no longer rely on a ‘policy put'
The capacity of policymakers to respond to shocks is down across the board

FT.com - Financial Markets
May 25, 2026

It's not just SpaceX: Big Tech is dominating bond markets too
US tech giants are tapping markets as they race to build AI data centres

FT.com - Financial Markets
May 25, 2026

Fertiliser groups cut production as Iran war squeezes sulphur supplies
Farmers in poorer countries risk lower yields as they reduce how much phosphate they apply to crops

FT.com - Financial Markets
May 25, 2026

Can Exxon build the world's biggest carbon capture business?
Oil major bets billions on technology but backlash on US Gulf Coast threatens its ambitions

FT.com - Financial Markets
May 24, 2026

AI fever and off-exchange boom grip Japanese retail traders
Average daily trading volume on Tokyo Stock Exchange's prime market almost doubles in 12 months

FT.com - Financial Markets
May 24, 2026

ECB summons banks to urge them to fix flaws exposed by latest AI models
Supervisor to stress seriousness of risks to financial system at hastily arranged meeting

FT.com - Financial Markets
May 24, 2026

Financial reforms set to give £1.6bn boost to City of London
Government assessment comes as Rachel Reeves champions district as driver of economic growth

FT.com - Financial Markets
May 24, 2026

Short sellers reap more than $2.3bn profit betting against gambling companies
Online groups under pressure from jump in prediction markets' popularity in US and steep tax rises in UK

FT.com - Financial Markets
May 24, 2026

Centerbridge in talks to buy stake in $3bn real estate firm
Potential investment in Merritt Properties comes amid a busy stretch for acquisitions in commercial property

FT.com - Financial Markets
May 24, 2026

Iran war could add billions of dollars in interest payments to US debt
Government borrowing costs have reached their highest levels since 2007 after three months of the conflict

FT.com - Financial Markets
May 24, 2026

Why IPO mania could signal top of the market
A potential deluge of AI-related equity supply removes a source of upthrust for prices

FT.com - Financial Markets
May 23, 2026

US oil producers increase output to capture price surge from Iran war
Drilling expansion follows 40 per cent jump in cost from global supply crunch that has dented president's approval ratings

FT.com - Financial Markets
May 23, 2026

SpaceX, OpenAI and Anthropic IPOs set to test limits of AI boom
Elon Musk, Sam Altman and Dario Amodei battle over who can command Wall Street's deepest pools of capital

FT.com - Financial Markets
May 23, 2026

Bond slump stirs vigilante fears
A sense is setting in among investment professionals that we have a serious problem here

FT.com - Financial Markets
May 23, 2026

Get ready to take sides in Big Tech's giant IPO bake-off
With SpaceX, OpenAI and Anthropic targeting the same market, investors must decide what qualities they prize most

FT.com - Financial Markets
May 23, 2026

Superdrug owner shrugs off volatility to press ahead with $30bn dual listing
AS Watson plans to publicly trade shares in both Hong Kong and London before the end of 2026

FT.com - Financial Markets
May 22, 2026

The risks to the legacy of Barney Frank
A key feature of the annual stress test for US banks is being undermined

FT.com - Financial Markets
May 22, 2026

BrewDog co-founder to attempt comeback with ‘Second Best' beer brand
James Watt to give shares to ‘equity punks' who lost out in controversial entrepreneur's previous venture

FT.com - Financial Markets
May 22, 2026

The boutique bank that eschews blockbuster bragging rights
Lincoln International may not be a household name but it occupies a niche in the market

FT.com - Financial Markets
May 22, 2026

To infinity and beyond, with the SpaceX IPO
Ordinary investors can at last bet directly on AI's potential — with caveats

FT.com - Financial Markets
May 22, 2026

Gilt relief rally sends yields to biggest weekly drop since 2023
Burnham pledge to stick to fiscal rules and pullback from bets on higher BoE interest rates drive rebound

FT.com - Financial Markets
May 22, 2026

A gargantuan energy deal for the AI age
The combination of NextEra and Dominion is a pragmatic response to growing energy needs

FT.com - Financial Markets
May 22, 2026

If you think you understand bonds, you don't
They're too complex for me too — but here are five common traps to avoid

FT.com - Financial Markets
May 22, 2026

CVC consortium launches €10.9bn offer for Italian drugmaker Recordati
Deal would tighten buyout group's control of 100-year-old company and extend its bet on rare diseases

FT.com - Financial Markets
May 22, 2026

Gilt relief rally sends yields to biggest weekly drop since 2024
Burnham pledge to stick to fiscal rules and pullback from bets on higher BoE interest rates drive rebound

FT.com - Financial Markets
May 22, 2026

China cracks down on illegal cross-border securities trading
Regulator penalises brokerages in effort to close loophole that allowed retail traders to get around capital controls

FT.com - Financial Markets
May 22, 2026

Legal disputes rip through oil shipping after Hormuz closure
TotalEnergies weighs lawsuit against Baltic Exchange, following Mercuria, as shipping derivative losses mount

FT.com - Financial Markets
May 22, 2026

Shipping exchange argues Strait of Hormuz is not closed in lawsuit defence
Mercuria has launched ‘explosive' lawsuit against Baltic Exchange over rates set for tanker routes disrupted by Iran war

FT.com - Financial Markets
May 22, 2026

Carson Block: ‘Maybe the dumb money is the smart money'
The short seller warns of an AI-created financial crisis

FT.com - Financial Markets
May 22, 2026

A bitcoin miner spent $860k armouring vehicles for its bosses, a fact for which we have very little context
The best defence may in fact be defence

FT.com - Financial Markets
May 22, 2026

Countries need clarity on war before tapping oil reserves, France says
G7 finance ministers did not discuss second emergency release to calm energy crisis, says Roland Lescure

FT.com - Financial Markets
May 22, 2026

JPMorgan looks to offload exposure to $4bn in private equity-linked loans
Largest US bank in discussions over risk transfer as PE firms grapple with prolonged slowdown

FT.com - Financial Markets
May 22, 2026

France says countries wary of tapping more oil reserves
G7 finance ministers did not discuss second emergency release to calm energy crisis, says Roland Lescure

FT.com - Financial Markets
May 22, 2026

The Musk banker who took a back seat to Goldman Sachs
Michael Grimes of Morgan Stanley had been widely expected to run SpaceX's flotation

FT.com - Financial Markets
May 22, 2026

Investing in the era of scarcity
Markets have yet to register the new fashion among governments for hoarding and huddling

FT.com - Financial Markets
May 22, 2026

Next Harvard endowment chief faces a private equity hangover
As CEO NP Narvekar nears retirement Ivy League fund will have to reckon with expansion into sluggish private holdings

FT.com - Financial Markets
May 22, 2026

Brookfield among PE suitors circling Gulf fertility firm
Deal could value Fakih IVF at $1bn as healthcare proves resilient Middle East sector during Iran war

FT.com - Financial Markets
May 22, 2026

BMW, SpaceX and the value of a vote
Investors welcome German car maker's move to convert preference shares into equity with voting rights

FT.com - Financial Markets
May 22, 2026

The fragile maths of Uncle Sam's energy self-sufficiency
US may produce more oil than it consumes but banning exports would be extremely complicated

FT.com - Financial Markets
May 22, 2026

Crypto industry braces for quantum computing threat
Threat to code that underpins bitcoin has moved ‘from theoretical to credible', industry figures warn

FT.com - Financial Markets
May 22, 2026

Sir Ben Ainslie: ‘Sailing's going primetime'
The Olympic champion on SailGP's rise, America's Cup reform and turning elite racing into a more investable sport

FT.com - Financial Markets
May 22, 2026

Blockbuster IPOs to take Wall Street by storm
Passive investors to dump billions of shares to make way for new stocks

FT.com - Financial Markets
May 21, 2026

Global buyout funds to exit China's data centres with final $1bn deal
Princeton Digital Group's sale process caps foreign retreat from the country's sensitive digital infrastructure

FT.com - Financial Markets
May 21, 2026

The oil reserves dwindle
What happens when there are no more stockpiles?

FT.com - Financial Markets
May 21, 2026

‘Fast entry' SpaceX, OpenAI and Anthropic IPOs to ignite Wall St trading frenzy
Passive investors set to dump billions of shares to make way for new stocks

FT.com - Financial Markets
May 21, 2026

Goldman Sachs eclipses Morgan Stanley's Michael Grimes on SpaceX IPO
Celebrated tech banker lost influence over Elon Musk's blockbuster listing amid stint in Trump administration

FT.com - Financial Markets
May 21, 2026

Ex-LCF CEO sentenced to 6 months in prison over court breach
Michael Thomson receives first custodial sentence stemming from retail investor scandal

FT.com - Financial Markets
May 21, 2026

Morrisons blames UK government policy for shutting 100 lossmaking stores
Closures are latest cost-cutting step by UK supermarket chain

FT.com - Financial Markets
May 21, 2026

Crypto platforms rush to launch derivatives linked to SpaceX
Binance among exchanges to offer so-called perpetual futures to speculate on price of rocket company's upcoming IPO

FT.com - Financial Markets
May 21, 2026

Senators seek to curb US Treasury's ability to fund foreign allies
Bipartisan bill aims to restrict Scott Bessent's use of $219bn Exchange Stabilization Fund

FT.com - Financial Markets
May 21, 2026

Closing tax loophole for oil groups will fund cost of living package, says Reeves
Chancellor sets out sweeping package of measures aimed at helping businesses and families

FT.com - Financial Markets
May 21, 2026

How to make sense of SpaceX's nonsensical valuation
The market has never before had to price a stock so speculative yet so large

FT.com - Financial Markets
May 21, 2026

Retail investors turn to ‘options income' ETFs in search for yield
Popularity of UK and European funds that use derivatives contracts to generate income soars in two years

FT.com - Financial Markets
May 21, 2026

Is gas making a comeback on the US power grid?
Surging energy demand causes grid operators to prioritise fossil fuels

FT.com - Financial Markets
May 21, 2026

Berlin set to buy 40% stake in Franco-German tank maker KNDS
Decision clears path for defence group's planned listing before summer

FT.com - Financial Markets
May 21, 2026

Starling's profits eroded by interest rate cuts as bank fails to diversify
Revenue and profits fall at UK neobank as it looks for acquisitions to push into lending and US market

FT.com - Financial Markets
May 21, 2026

Starling's profits eroded by rate cuts as bank fails to diversify
Revenue and profits fall at UK neobank as it looks to accelerate global expansion

FT.com - Financial Markets
May 21, 2026

The failure of global crisis management
Who really runs the world? The answer, nowadays, is nobody

FT.com - Financial Markets
May 21, 2026

How not to manage a global oil crisis
Despite urgent warnings, governments have failed to take the current energy shock seriously enough

FT.com - Financial Markets
May 21, 2026

SpaceX awards bragging rights to Goldman Sachs
It may seem petty, but bankers are obsessed with who gets IPO top billing

FT.com - Financial Markets
May 21, 2026

Investec targets UK wealthy with private banking push
Group's move set to intensify competition among lenders and fintechs chasing rich customers

FT.com - Financial Markets
May 21, 2026

Back-door ERM is a really bad idea
The UK's price of issuing euro-denominated debt would be a surrender of monetary policy sovereignty

FT.com - Financial Markets
May 21, 2026

EMs don't panic like they used to
There's been convergence with DMs

FT.com - Financial Markets
May 21, 2026

Chris Hohn's quest for eternal greatness
The UK's most successful hedge fund manager has taken a spiritual turn

FT.com - Financial Markets
May 21, 2026

Big Tech software era is over, says top investor James Anderson
Former Baillie Gifford fund manager says spoils of AI war will flow to hardware suppliers

FT.com - Financial Markets
May 21, 2026

Protein boom drives ‘gravity-defying' rally in whey prices
Byproduct of cheese industry has become a valuable commodity

FT.com - Financial Markets
May 21, 2026

Iran war opens ‘golden window' for China's renminbi
Analysts say use of Chinese currency in global oil trade is on the rise

FT.com - Financial Markets
May 20, 2026

Six takeaways from Musk's 200,000-word planetary vision
Elon Musk's rocket-to-AI conglomerate lays out its planetary ambitions

FT.com - Financial Markets
May 20, 2026

Asteroid mining and new billionaires: what's in SpaceX's IPO filing
Elon Musk's rocket-to-AI conglomerate lays out its planetary ambitions

FT.com - Financial Markets
May 20, 2026

Elon Musk's SpaceX sets out plans for biggest IPO in history
AI and satellite company fires starting gun on wave of massive Wall Street listings

FT.com - Financial Markets
May 20, 2026

Musk's SpaceX sets out plans for biggest IPO in history
Satellite and AI company to list on Nasdaq under symbol SPCX

FT.com - Financial Markets
May 20, 2026

Oil drops nearly 6% as two China-bound supertankers cross Strait of Hormuz
Brent crude falls to about $105 a barrel as Asia-bound vessels raise hopes of resumption of energy flows

FT.com - Financial Markets
May 20, 2026

Farage, crypto and the £5mn gift
His rightwing populist Reform UK is uniquely reliant on a crypto billionaire

FT.com - Financial Markets
May 20, 2026

OpenAI readies IPO filing to list as soon as September
AI lab is preparing for $1tn listing with bankers Goldman Sachs and Morgan Stanley and lawyers at Cooley

FT.com - Financial Markets
May 20, 2026

Oil drops 6% as three supertankers attempt Strait of Hormuz crossing
Brent crude falls below $105 a barrel as vessels bound for Asia raise hopes of resumption of energy flows

FT.com - Financial Markets
May 20, 2026

Oil drops 5% as three supertankers attempt Strait of Hormuz crossing
Brent crude falls to $105 a barrel and vessels bound for China and South Korea raise hopes of resumption of energy flows

FT.com - Financial Markets
May 20, 2026

Blackstone's $5bn data centre plan melds creativity and necessity
The idea makes sense, and the opportunity is large

FT.com - Financial Markets
May 20, 2026

The oil shock is coming for America
Tools that worked to lower prices in the last crisis have already been spent

FT.com - Financial Markets
May 20, 2026

Swiss finance faces some awkward questions
Activists have triggered a vote on becoming a ‘more sustainable financial centre'

FT.com - Financial Markets
May 20, 2026

Three supertankers attempt Hormuz crossing
Vessels bound for China and South Korea are carrying 6mn barrels of crude oil

FT.com - Financial Markets
May 20, 2026

Indonesia is at a perpendicular intersection of two different roads
Is this the worst ageing fuel subsidy in the world?

FT.com - Financial Markets
May 20, 2026

UK eases sanctions on Russian oil refined into jet fuel and diesel
Government aims to alleviate supply problems caused by Iran war and echoes similar measures in US

FT.com - Financial Markets
May 20, 2026

Euro stablecoin project gains backing of 37 banks
Dutch company Qivalis adds 25 new lenders as continent seeks to challenge dollar's crypto dominance

FT.com - Financial Markets
May 20, 2026

Commodities powerhouse Indonesia to tighten export controls
Move set to shake up world's largest exporter of palm oil, thermal coal and nickel

FT.com - Financial Markets
May 20, 2026

Why the BoE will not ride to the rescue in gilts
Plus, Asian chipmakers

FT.com - Financial Markets
May 20, 2026

To the moon: SpaceX's generational payday
Who's positioned for a windfall from the listing, and why it's historic in more ways than one

FT.com - Financial Markets
May 20, 2026

Stock investors are high on hope and low on cash
There is plenty of opportunity for minor and major snafus given the S&P 500's reliance on AI-driven companies

FT.com - Financial Markets
May 20, 2026

Marc Rowan accused of misusing Apollo resources for political work
Chief executive of private capital group used company email and staff for lobbying, unions say

FT.com - Financial Markets
May 20, 2026

Merger spirits could lift the UK's languishing mid-caps
S&P 400 index makes it well suited to active investing — and opportunistic dealmaking

FT.com - Financial Markets
May 20, 2026

Big Europe and Asian private equity health funds merge to defy AI disruption
Global Healthcare Opportunities and CBC Group say $21bn investment manager will be world's largest in sector

FT.com - Financial Markets
May 20, 2026

The energy crisis may just be starting
Oil futures markets are sanguine, but history shows expectations have often been disappointed

FT.com - Financial Markets
May 20, 2026

The Gulf crisis may just be starting
Oil futures markets are sanguine, but history shows expectations have often been disappointed

FT.com - Financial Markets
May 20, 2026

UK housebuilders suffer £8bn hit from Iran war
Share prices have fallen sharply as hedge funds bet the industry will bear the brunt of the economic fallout

FT.com - Financial Markets
May 20, 2026

Protests spread in Africa as fuel crisis deepens
Sharp rises in diesel and petrol prices spark violent clashes in Kenya and Comoros as well as strikes in Mozambique

FT.com - Financial Markets
May 20, 2026

The impossible maths of the AI boom
The IPO of big sector companies is probably nothing more than a transfer of investment risk to retail investors

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