4 h. ago Apollo Global chief says Europe ‘at war with itself’ over finance regulation

Marc Rowan tells FT that regulators have yet to catch up with political drive to boost competitiveness

Events

4 h. ago Apollo’s Marc Rowan says Europe ‘at war with itself’ over finance regulation

Private capital group chief tells FT regulators have yet to catch up with political drive to boost competitiveness

Events

5 d. ago US treasury secretary accuses Beijing of trying to damage global economy; silver hits record high – business live

Rolling coverage of the latest economic and financial newsWhy has US-China trade war restarted and how have markets reacted?A flurry of takeover talk speculation has pushed up shares in budget airline EasyJet this morning.EasyJet’s shares are up over 7%, leading the risers on the FTSE 100 share index.“[The group] does not believe the redress methodology proposed by the FCA appropriately reflects actual customer loss or achieves a proportionate outcome.“...the FCA’s proposed approach to assessing unfairness does not align with the legal clarity provided by the supreme court judgement in respect of the “Johnson” case, which confirmed that the test for unfairness is highly fact specific and must take into account a broad range of factors. The group will continue to engage with the FCA in respect of these points.“Many motor finance lenders did not comply with the law or the rules. It’s time their customers get fair compensation. Recent court judgments show that liabilities exist no matt...

Events

6 d. ago Famed billionaire who predicted 2008 financial crisis reveals signs America is heading for pseudo 'civil war'

Ray Dalio, billionaire founder of Bridgewater Associates, warns the US is entering a 'civil war of some sort' amid debt and polarization. He likens the moment to the late 1930s.

Events

6 d. ago Uefa president confirms European Championship could face shock overhaul to make it ‘more interesting’

UEFA chief Aleksander Ceferin admits he is thinking about jazzing up European Championship qualifying. England breezed into last year's Euros after an unbeaten qualifying campaign which included routine home and away wins against Malta. Fans also sat through mismatches like Portugal vs Liechtenstein and France against Gibraltar, who failed to score and conceded 41 goals...

Politics

1 week ago EU chief says Russia is waging a 'gray zone campaign' and Europe must meet the challenge

The European Union's top official warns that Russia is conducting a "targeted gray zone campaign" against Europe

Politics

1 week ago EU chief warns Europe in 'hybrid warfare' with Russia: 'We must respond'

President of the EU Commission, Ursula von der Leyen, has warned the recent incursions over Europe are 'part of a pattern of growing threats' - calling it 'hybrid warfare' with Russia

Events

1 week ago Ukraine's ex PM accuses China of being an 'accomplice' to Putin's invasion and is 'financing Russia's war chest' by buying oil from Moscow

Arseniy Yatsenyuk lashed out at Beijing , dismissing claims the Asian superpower was 'neutral' in Russian tyrant Vladimir Putin 's murderous effort to overrun Ukraine.

Events

3 w. ago Is Trump right that Russia’s economy is on the brink of collapse?

While VAT is going up to finance the war and fuel is in short supply, few expect Putin to adjust his war plans Russia’s economy is in deep peril, Donald Trump assured the world this week, in a dramatic change of tune on the war in Ukraine in which the US president claimed Kyiv now had a chance to win back all its territory.The reality, economists say, is more complicated. While Moscow is enduring its toughest period since the chaotic first days of the invasion, few analysts believe its economy is on the brink of a total collapse, and fewer still expect Vladimir Putin to adjust his war plans in the short term. Continue reading...

Politics

3 w. ago Genk chief brands Rangers a 'negative climate' as Europa League foe plots masterplan

Dimitri De Conde sees an opportunity lying if Genk can start fast and turn the Rangers fans against their team

Politics

last month ‘No evidence’ Putin wants peace in Ukraine, MI6 chief says – Europe live

The outgoing spy chief said Putin was ‘stringing us along’ with promises of progress on peaceReuters is reporting that the European Commission will propose banning Russian LNG imports by 1 January 2027, a year earlier than planned, as part of a 19th package of sanctions against Moscow, EU sources said.Meanwhile, the outgoing MI6 chief Richard Moore warned that he sees “no evidence” that Russian president Vladimir Putin has any interest in a negotiated peace short of Ukrainian capitulation, Reuters reported.“Bluntly, Putin has bitten off more than he can chew. He thought he was going to win an easy victory. But he – and many others – underestimated the Ukrainians.” Continue reading...

Politics