Financial Times Front Page 25th of November 2024
US retailers are extending Black Friday sales for several weeks to attract reluctant shoppers, as consumer confidence is dampened by inflation and uncertainty around Trump’s policies.
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Regulators in the US and Europe are scrutinising discussions between six banks linked to Archegos Capital Management to decide whether any acted inappropriately during a recent fire sale of shares topping £20bn (£14.5bn), reports the Financial Times. Bill Hwang, founder of the hedge fund, gathered Goldman Sachs, Morgan Stanley and Wells Fargo, as well as UBS, Credit Suisse and Nomura last week in a last-ditch effort to unwind billions of dollars of market bets in an orderly manner, says the paper.
Financial Times Front Page 23rd of November 2024
Northvolt’s chief executive has resigned following the decision to halt plans for a battery gigafactory in Europe, citing concerns over funding shortages and sustaining green energy initiatives amid prevailing economic challenges.
Financial Times Front Page 22nd of November 2024
The International Criminal Court has issued an arrest warrant for Benjamin Netanyahu, citing alleged actions in Gaza.
Financial Times Front Page 21st of November 2024
Ukraine has utilised UK-made missiles in operations targeting Russia, with support from Western allies, including the United States, sending additional military resources.