Financial Times

German government weighs Berlinale chief's future over Gaza ...

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... person familiar with the matter. At the closing gala of the Berlinale last Sunday, Syrian-Palestinian film director Abdallah al-Khatib accused the German ...



Consultancies prioritise the human touch - Financial Times

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McKinsey is similarly recalibrating its talent strategy: “humanness is core to our mission”, says a person close to the firm. AI will force many to rethink ...



How Blue Owl's battles sparked a chill for private credit

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Blue Owl has over $4bn in insurance to cover any reasonable forecast of losses from natural disasters, said one person briefed on the matter. S&P, which ...



Vanguard reaches settlement with Texas in key case on ESG investing

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... people familiar with the matter. BlackRock and State Street have not reached a settlement and the litigation continues. “We've reached a resolution to put ...



UK investors unable to put crypto products in Isas from April

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... according to someone familiar with its thinking. HMRC said the ruling that crypto ETNs would be limited to innovative finance Isas from the start of the new ...



German MPs cut contracts for kamikaze drones backed by Peter ...

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A person close to Stark said the two companies' systems could not be directly compared and had different performance parameters. Green members of parliament ...



Efune consortium willing to improve offer for Telegraph Media Group

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... people briefed on the matter said. Efune and his consortium partners also stated their bid had greater certainty of completion than DMGT, which already owns ...



PwC clashes with boutique consultancy founded by former executive

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A person close to PwC said that the firm only sent legal letters when it suspected a breach of its partnership agreement. Unity Advisory and Warburg Pincus ...



Deloitte set for UK leadership battle as it shakes up international ...

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Deloitte's partnership council will decide which candidates should be put on the ballot, according to a person with knowledge of the matter. It is not yet ...



Labour battles disaffection in crucial three-way by-election battle

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One shopkeeper in Gorton, who declined to give her name, said none of her customers were intending to vote. “And everybody here used to vote Labour,” she ...



Private equity owners slash valuation of Swiss watchmaker Breitling

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... person familiar with the matter. Partners Group values its holding at roughly 0.7 times, which a person close to the firm said was because it invested at a ...



Axel Springer backs new Telegraph bid from Dovid Efune

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The New York Sun's owner bid is roughly the same total amount but with more cash upfront, according to a person close to the situation. The letter said the ...



Saudi-owned Scopely strikes $1bn deal for Turkish game developer

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That growth has been driven by its homegrown hit Monopoly Go — on which players spent more than $2bn in 2025, according to a person close to the company ...



Mandelson-founded advisory firm Global Counsel to go into ...

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... a person close to a person close to the company said. Advisory firm Interpath is being ...



Airbus blames engine supplier Pratt & Whitney as it trims output target

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A person close to the engine maker played down the suggestion it was deprioritising Airbus. “The company has to balance the fact that Airbus wants to ...



KKR and backers lose more than €1bn in pandemic-era bet on ...

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KKR would not retain any shareholding, a person close to the firm confirmed. The private equity firm said: “During its ownership, KKR supported a wide ...



Christine Lagarde to leave ECB before the end of her 8-year term

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... a person familiar with her thinking. Europe's top central banker, who joined the Frankfurt-based ECB in November 2019 from the IMF, wants to exit before the ...



FirstFT: Lagarde to step down early as ECB head - Financial Times

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A person close to the situation called it a “put up or shut up” moment for Paramount. 4. David Silver, one of Britain's top AI researchers, is raising $1bn ...



Warner Bros throws ownership battle open by giving Paramount a ...

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A person close to the situation called it a “put up or shut up” moment for Paramount, which has made a $108bn hostile bid for the entire company, including ...



Populists are losing a Maga tug of war over US antitrust policy

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... people briefed on the matter. The justice department later fired two of the antitrust division's top enforcers amid disagreements. One of those, Roger ...



The TV deal bringing Israel's media closer to Netanyahu

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... a person familiar with their deliberations. Raviv Drucker stands in a television studio next to a screen displaying an image of Benjamin Raviv Drucker's ...



TSMC's US investment plans at heart of $250bn puzzle for chip sector

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TSMC's supply chain accounts for another $30bn, according to people briefed on the matter. Several other Taiwanese companies including Foxconn are expanding ...



Donald Trump plans to roll back tariffs on metal and aluminium goods

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One European business leader, who declined to be named, said they knew of a company that had sent four identical containers of machinery to the US and was ...



Broker Clear Street postpones IPO as AI fears roil US stocks

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A person close to Clear Street said crypto deals accounted for about 10 per cent of the company's roughly $1bn in revenues last year. Copyright The ...



Friedrich Merz holds talks with Emmanuel Macron over nuclear ...

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Macron plans to give a speech about nuclear deterrence later this month, according to several people close to the matter. Unlike Britain's nuclear deterrent ...



How private equity's big bet on software was derailed by AI

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... people briefed on the matter, with one person saying the firm hopes the calls will “calm down” antsy creditors. Some of the firm's portfolio companies ...



Donald Trump's top antitrust enforcer Gail Slater pushed out as turf ...

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The most consequential flashpoint was the proposed $14bn acquisition of Juniper Networks by Hewlett Packard Enterprise, said people briefed on the matter.



Jim Ratcliffe says he is 'sorry' for offending 'some people' with ...

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The Football Association, the governing body of the sport in England, is looking into the comments, according to a person briefed on the matter. Manchester ...



Ministers told to report conversations with lobbying firm founded by ...

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A person close to Global Counsel said that the firm had no objection to Mandelson being investigated as they believed he should be held accountable, but ...



Monte dei Paschi director resigns after insider trading allegations

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... a person familiar with the situation. Di Stefano and the Italian Treasury could not immediately be reached for comment. MPS's surprise takeover of ...



US closed airspace over El Paso due to military laser, source says

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... a person familiar with the matter. Customs and Border Protection on Wednesday used a high-energy anti-drone laser near the Fort Bliss US Army base, adjacent ...



Top bosses depart Canadian pension fund after Thames Water fiasco

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A person familiar with the matter said Hogg was not the most senior Omers executive responsible for Glasfaser. Omers manages C$141bn (about $104bn) of ...



'They want their pound of flesh': bank bosses push strict return-to ...

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“They want their pound of flesh,” says one London-based banker, who asked to remain anonymous. “Despite making record profits during Covid, when remote ...



The three-way race for Brazil's rare earths heats up - Financial Times

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... people with direct knowledge of the matter. Header logo. Brazil's rare earth deposits. Use Ctrl + scroll to zoom the map. Use two fingers to move the map. 1000 ...



French mining group Eramet suspends finance chief days after ...

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The board suspended chief financial officer Abel Martins-Alexandre on Thursday, people familiar with the matter told the FT, after ousting chief executive ...



Brad Karp to step down as Paul Weiss chair after Epstein revelations

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... people briefed on the matter. Paul Weiss has said Epstein was not a client of the firm. On March 2 2019, as the sex offender tried to prevent the 2008 plea ...



Barclays cuts ties with lobbying firm founded by Peter Mandelson

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... according to a person close to the bank. Vodafone is also reviewing its contract for public affairs services with the firm, according to a person familiar ...



Has USS's investment strategy worked? - Financial Times

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... according to a person close to the fund, who argues its successful investments attract fewer headlines. Some assets are disclosed in its annual report: USS ...



Lloyds plans corporate banking push in strategy overhaul

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The bank views the division as a key driver of growth, according to the people briefed on the matter. Its plans to expand the business include not only ...



Iran should prepare for 'meaningful' negotiations with US, Rubio says

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The Iranians “want to show that this is a new round of previous nuclear talks in Oman”, said one person briefed on the matter. Show video info. LOADING. Show ...



Peter Mandelson's lobbying firm tells clients his stake is nearly ...

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A person close to Global Counsel emphasised that Wegg-Prosser had not been giving guidance to Epstein. Another email shows Wegg-Prosser requesting Epstein's ...



Private equity group's £1bn sale of UK accounting firm collapses

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One person familiar with the matter said its partners will vote on whether to sell a stake. Saffery said it had begun a project to “explore options for ...



What do the Jeffrey Epstein files reveal about Peter Mandelson's ...

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The FT first learned about these payments in September, at which point a person close to Mandelson described the allegation as “inconceivable”. Mandelson ...



Danish pension funds under pressure to invest in domestic markets

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... declined to be named described the approach as “odd”, with the government in effect fundraising for a single portfolio. Damsgaard of I&PD added it was ...



Syria plots mobile phone auction to lure international investors

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Companies in talks with the government include Kuwait's Zain, Qatar's Ooredoo and Vodafone, according to a person familiar with the deal. Zain and Ooredoo did ...



Blackstone lines up 'one of largest IPO pipelines in history'

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... people briefed on the matter. Gray's comments came as Blackstone reported better than expected fourth-quarter earnings in which it raised $72bn in new ...



First Brands at breaking point as it scrambles to avoid liquidation

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... people briefed on the matter. A group of lenders gave the company a $1.1bn rescue loan when the company filed for bankruptcy in September. Sunny Singh ...



US links security guarantees for Ukraine to peace deal ceding territory

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... people familiar with the matter said. But they risk being too vague to satisfy Kyiv yet also too broad for Russia, one of the people added. The Kremlin ...



Ford and General Motors in talks with First Brands over rescue ...

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While the deal could still fall apart, one person familiar with the matter said the talks were near the “finish line”. First Brands, Ford and General Motors ...



China goes on hiring spree for tax officials as fiscal pressures mount

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... declined to be identified. Tax authorities have also announced moves to tighten tax enforcement and to scale back the use of corporate tax breaks by local ...

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