Consumer price data stokes inflation fears, US labour shortage
US stocks suffered their worst losses in months and government bonds also fell after government data showed the US inflation rate jumped to a 13-year high, and the Colonial pipeline has resumed operat...
13 Maj 20218min
US companies announce record share buybacks, Covid hits India’s middle class
Companies are dusting off share buyback plans after a blockbuster earnings season, and shareholders are rebelling against executive pay proposals. Plus, the FT’s New Delhi reporter, Jyotsna Singh, exp...
12 Maj 20218min
Colonial pipeline hackers didn’t mean to create problems, UK services’ Brexit struggles
The hacker group blamed for the ransomware attack on the Colonial pipeline insisted it only wanted to make money and did not want to cause problems for society, tech stocks tumbled on Monday as invest...
11 Maj 20219min
US issues emergency powers to keep fuel flowing, CEO diversity promises
The US government enacted emergency powers on Sunday in a bid to keep fuel supplies flowing after a cyberattack shut down a key pipeline, and European and US banks are split on whether to bring staff ...
10 Maj 202110min
Merkel opposes US move to waive vaccine IP, the drive behind the commodity supercycle
Angela Merkel has expressed opposition to the Biden administration’s proposal to suspend intellectual property rights for Covid-19 vaccines, and Norway’s Telenor has written off its entire $782m inves...
7 Maj 202110min
US to support temporary suspension of Covid-19 vaccine patents, India’s coronavirus crisis is affecting global shipping
Stocks of major vaccine makers were rattled on Wednesday after the US decided to support a plan to temporarily suspend the intellectual property rights for Covid-19 jabs, and India’s coronavirus crisi...
6 Maj 20218min
Yellen says US interest rates may have to rise, European central banks lag in gender equality
Treasury secretary Janet Yellen said on Tuesday that US interest rates may need to rise so that the economy does not overheat, and US states and companies are offering all kinds of incentives to entic...
5 Maj 202110min
US banks move to reduce deposits, the Spac bubble deflates
A wave of cash flooding bank balance sheets has prompted some US lenders to advise corporate clients to move money out of deposits, and Apollo has bought Verizon’s media assets including Yahoo for $5b...
4 Maj 202110min
