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Markets
Medical Properties Trust’s stock drops sharply to approach 14-year low as tenant falls $50 million behind on rent
Medical Properties Trust Inc.’s stock was down 27% on Friday after the real-estate investment trust said one of its tenants, Steward Health Care System, is…
Chris Hohn’s hedge fund TCI beats markets with 33% gain
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir Christopher Hohn’s activist hedge fund TCI rose 32.7…
US ISM Services PMI declines to 50.6 in December vs. 52.6 expected
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US ISM Services PMI for December came in below the…
Boss of North Sea oil and gas producer Ithaca quits
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The chief executive of Ithaca Energy has quit the North…
Mexican Peso rallies to three-day high as US job data exceed forecasts
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Mexican Peso gains against USD, with USD/MXN falling to…
How prepared is Europe to withstand it? By Investing.com Studios
Europe faced an unprecedented energy crisis for around seventeen months (from September 2021 to February 2023), as coal, natural gas, and electricity prices surged to all-time…
Gold price plummets as strong labor demand impacts Fed’s rate-cut bets
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Gold price faces an intense sell-off as US labor market…