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Business
The Lex Newsletter: floating stock prices should bring more smiles
Dear reader,I’m not sure I’ve got the metaphor right on this as I’m agnostic about share price direction. Yet watching equity market indices arc ever higher every week, I feel like…
Freight through Suez Canal sinks 45% amid Houthi attacks
Freight going through the Suez Canal has plunged by nearly half since Iran-backed Houthi militants began attacking vessels in the Red Sea as a show of support for Palestinians!-->-->…
H2O to repay €70mn to investors with funds trapped in illiquid assets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.H2O Asset Management will make a €70mn repayment to…
Fed’s favorite inflation gauge rose 0.2% in December
An inflation measure closely watched by the Federal Reserve rose in December after declining the previous month as high prices continued to weigh on millions of Americans. The!-->-->…
Succession at LVMH will test the Arnault family’s bonds
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Who remembers Marcel Boussac? The textile entrepreneur…
Pest control company Orkin says this city has worst bed bug problem in America
Chicago has the worst bed bug problem among American cities, according to Orkin. That has been the case for the Windy City for four straight years now, the Rollins Inc.-owned!-->-->…
Spot bitcoin ETFs spawn nascent derivatives ecosystem
The first derivative-based strategy piggybacking off US-listed bitcoin exchange traded funds has started trading, as experimentation in the fund industry accelerates at breakneck…
China pressures Iran to rein in Houthi attacks in Red Sea or risk harming business relations: report
Chinese officials reportedly are pressuring Iran to rein in attacks by Iranian-backed Houthi rebels on commercial ships in the Red Sea or risk harming their business relations!-->-->…
Sustainable investors confront political uncertainty
Hello from New York, where we begin with troubling news for sustainability-focused investors.For the first time on record, global sustainable funds experienced net quarterly…
Fighting inflation: Experts share what behavioral changes, habits can save you major cash in 2024
Americans are coming up with new ways to combat inflation through various budgeting hacks and experts say that a few behavioral and habitual modifications that push balance!-->-->…