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Business
Exxon mulls Pioneer deal, shares jump
Shares of Pioneer Natural Resources are surging on rumors Exxon Mobil is closing in on a deal to purchase the hydrocarbon exploration company, people familiar with the matter…
The Lex Newsletter: Rishi Sunak and London’s failures of ambition
Dear reader,The Victorians were dreadful on multiple levels. A Victorian gent who was not busy plundering the colonies was forcing his wife into whalebone corsets or wiping his…
Bipartisan No Labels in chaos with internal feud after McCarthy ouster
The political organization "No Labels" preaches bipartisan compromise and is seeking a third-party ticket for the 2024 presidential election. But the group also appears to be…
Metro Bank: challenger’s business case now looks licked
Stay informed with free updatesSimply sign up to the LexmyFT Digest -- delivered directly to your inbox.Metro Bank’s first London branch opened with an unlikely combination of…
Mortgage rates keep climbing, dampening homebuyer demand: Freddie Mac
Mortgage rates climbed north of 7% and buyers face a real possibility that they may continue rising as long as economic indicators remain resilient, according to Freddie Mac.…
Ecommerce: China’s retail future lies in live video streaming
Stay informed with free updatesSimply sign up to the LexmyFT Digest -- delivered directly to your inbox.When Lionel Messi appeared on Alibaba’s Taobao Live platform this year,…
US economy adds 336,000 jobs in September, blowing past expectations
U.S. job growth unexpectedly accelerated in September, defying fears of a slowdown in hiring even as the labor market confronts the twin threats of sticky inflation and high…
Hipgnosis shareholders object to $440mn rights deal
Stay informed with free updatesSimply sign up to the Hipgnosis Songs FundmyFT Digest -- delivered directly to your inbox.Major shareholders in Hipgnosis Songs Fund are preparing…
Modelo parent boosts outlook after Bud Light controversy
Constellation Brands, the maker of Modelo beer, continues to reap the benefits of the backlash against Bud Light’s Dylan Mulvaney marketing campaign. "Our beer business this…
UK house prices fall for sixth consecutive month
Stay informed with free updatesSimply sign up to the UK house pricesmyFT Digest -- delivered directly to your inbox.UK house prices dropped for the sixth consecutive month in…