Claer Barrett on spending wisely during the holidays
The holiday season is the most wonderful time of the year, but it's also the most expensive. Between gifts, food and travel, people can end up spending a lot of money this year. The Financial Times’ c...
19 Dec 202512min
India’s central bank governor cheers ‘goldilocks’ economy
BP chief executive Murray Auchincloss has said he will step down after less than two years in the role, India’s central bank governor expects the country’s interest rates to remain low for a ‘long per...
18 Dec 202511min
JPMorgan swaps cash for Treasuries
Investors are snapping up Venezuela’s defaulted debt, JPMorgan Chase has withdrawn almost $350bn in cash from its account at the Federal Reserve since 2023, and the US unemployment rate rose to its hi...
17 Dec 202510min
EU-Mercosur trade deal hangs in the balance
Shell’s merger chief departed after a bid to acquire rival BP was quashed internally, and the EU’s top trade official warns the bloc would lose global credibility if it fails to approve its trade deal...
16 Dec 202510min
Investors hunt for protection against AI debt bust
A terror attack on a Jewish event in Sydney kills more than a dozen people. Plus, investors are increasingly concerned about how much debt is funding the AI boom, world leaders meet to discuss a peace...
15 Dec 202512min
Disney and OpenAI team up
Cryptocurrency entrepreneur Do Kwon is sentenced to 15 years in prison on two counts of fraud, and the Walt Disney Company will allow OpenAI to use its characters in its flagship products. Plus, footb...
12 Dec 202512min
Fed cuts rates amid growing division
The Federal Reserve cut interest rates by a quarter point, and Oracle shares fell on Wednesday after it reported disappointing revenues. Plus, there’s one conglomerate in Abu Dhabi dominating the econ...
11 Dec 202510min
Australia is first country to ban social media for children
EU countries want to fast-track a decision to indefinitely immobilise up to €210bn in Russian sovereign assets, investors have increased bets that interest rates in major economies could diverge next ...
10 Dec 202511min
