Wall St and dollar slide as ‘Trump trade’ fades
Monday 15:30 BST What you need to know ● “Risk off” rules in the wake of US President Trump’s failure to repeal Obamacare.● S&P 500 slides and European stocks weak as “Trump trade” fades.● Dollar...
View ArticleLeapfrogging into the light
Mobile phones were the “leapfrog” infrastructure of the last decade. They allowed governments and companies in developing countries to skip installing landline systems underground. Off-grid solar home...
View ArticleIAG retreats on advice to ditch long-haul airlines
British Airways owner IAG was a faller on Monday after Merrill Lynch advised ditching long-haul airlines. Europe’s flag-carriers have been outperforming short-haul airlines thanks to tight...
View ArticleChina’s fishing fleet casts net wide for squid
Seagulls wheel and cry around the Caleta Portales fishing pier in the Chilean port of Valparaíso while sea lions loiter in the waves. The fishermen hoist their boats out of the water, untangle a...
View ArticleAIIB gives Brazil and S Africa extra year to join
The China-led Asian Infrastructure Investment Bank has given two of its largest members an extra 12 months to complete the formal process for joining the institution after they missed a deadline at...
View ArticleTrump trade: state of play in charts
US markets staged a stunning turnround on Monday, clawing back the initially deep losses caused by fading faith in the Trump administration’s economic policy platform being enacted. But there is a...
View ArticleFTSE steadies as 'Trump tantrum' calms
The FTSE 100 has steadied after yesterday's 'Trump tantrum', buoyed by a late recovery in US stock markets from the lows hit following US president Donald Trump's defeat over healthcare reforms. The...
View ArticleRush into emerging market assets picks up pace
This year’s rush by foreign investors into emerging market stocks and bonds picked up pace quickly last week, brushing off the US Federal Reserve’s decision to raise interest rates even though a...
View Article‘Muddling through’ is sound approach to Brexit
The triggering this week of Article 50 of the Lisbon treaty to facilitate Britain’s exit from the EU is undoubtedly a momentous event. At issue in the forthcoming talks will be whether Britain can win...
View ArticleCargill chief warns against protectionist policies
The head of agricultural commodities trader Cargill, one of the biggest privately owned companies in the US, has warned that protectionist policies pose a direct threat to the world economy and risk...
View ArticleBrexit stocks: quack remedy
Despite flourishing within the UK’s body politic years ago, the Brexit virus has only recently infected the country’s currency. Since the referendum vote, the pound has deteriorated by 18 per cent...
View ArticleFTSE rallies as pound slips ahead of Article 50 trigger
After a flat start the FTSE 100 mounted an afternoon rally as the pound dipped ahead of tomorrow's triggering of Article 50 by the prime minister, heralding the start of the UK's two-year withdrawal...
View ArticleProtectionist rhetoric darkens agricultural markets
Agricultural trading bosses gathered in Lausanne, Switzerland for the FT’s Commodities Global Summit have warned against closed borders and potential trade wars as rising protectionist rhetoric casts...
View ArticleDarden leaps after earnings boost and acquisition
Darden Restaurants was one of the biggest gainers on the S&P 500 with shares on track for their best day in eight years after the company said it acquired Cheddar’s Scratch Kitchen and lifted its...
View ArticlePound above pivotal level as Brexit trigger pulled
Sterling rebounded from its lows and rose above crucial market levels for traders on Wednesday, as the UK formally notified Brussels of its intention to leave the EU. After early selling sent the...
View ArticleEmerging markets still in positive upturn
We still believe emerging markets are in a positive upturn, which may require some acceleration in the monetary policy reaction by EM central banks with associated positive developments in exchange...
View ArticleCall for Venezuela to respect ‘democracy’
Venezuela’s government came under new pressure as the body that represents 35 nations across the Americas called on Nicolás Maduro’s administration to respect the “functioning of democracy”. Members...
View ArticleBlame it on Brexit: 10 problems pinned on EU exit
Pas-ta buck? Jamie Oliver was forced to announce the impending closure of six of his chain’s 42 UK restaurants in January. Outlets in Aberdeen, Exeter, Cheltenham, Richmond, Tunbridge Wells and...
View ArticleFTSE dips but markets calm as May triggers Article 50
Markets were calm as Sir Tim Barrow, the UK's permanent representative to the EU, formally presented Theresa May's Article 50 letter to Donald Tusk president of the European Union. The historic act...
View ArticleArticle 50: be positive in Brexit divorce, investors urged
Markets were calm as Sir Tim Barrow, the UK's permanent representative to the EU, formally presented Theresa May's Article 50 letter to Donald Tusk, president of the European Union. The historic act...
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