A Reader of the FT
@a-reader-ft.bsky.social
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Just a subscriber. I don't work for the newspaper. Climate change is the big time issue. San Francisco–based.
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a-reader-ft.bsky.social
How politicians and passengers gave up on greener air travel-Most politicians take the view that more air travel results in more economic growth, bringing in tourism, creating jobs, and—hopefully—helping them get re-elected. www.ft.com/content/4e8d... @attractamooney.bsky.social @financialtimes.com
How politicians and passengers gave up on greener air travel
A renewed push for economic growth has added to technological challenges and problems with carbon offset schemes
www.ft.com
a-reader-ft.bsky.social
…geopolitical risk in Ukraine and the Middle East had supported prices while US trade tariffs had so far had a muted impact on the global economy.
a-reader-ft.bsky.social
Opec+ steadies crude market with cautious turn as oil glut looms-Tamas Varga, an analyst at PVM, an oil broker, said Opec+ had been able to raise its production this year, partly because…
www.ft.com/content/f87e... Malcolm Moore @financialtimes.com
Opec+ steadies crude market with cautious turn as oil glut looms
Producer group slows pace of increases as it watches for signs of oversupply
www.ft.com
a-reader-ft.bsky.social
America’s economy needs expanded deposit insurance-Our community and regional bank sectors are burning at the edges. Expanded deposit insurance is the firewall we need. www.ft.com/content/526f... Sheila Bair @financialtimes.com
America’s economy needs expanded deposit insurance
We need to support the thousands of community and regional banks that play a critical role in lending to growing businesses
www.ft.com
a-reader-ft.bsky.social
Argentina’s wily currency traders drain Javier Milei’s dollars-Dollar demand typically increases in Argentina ahead of elections, as individuals and businesses hedge against political risk. www.ft.com/content/0425... Ciara Nugent @financialtimes.com
Argentina’s wily currency traders drain Javier Milei’s dollars
Labyrinthine restrictions and chronic instability spawn strategies to profit from foreign exchange policies
www.ft.com
a-reader-ft.bsky.social
…by the European Commission, the regulation of several areas of EU financial markets is likely to be transferred from national authorities to Esma. @paolatamma.bsky.social
a-reader-ft.bsky.social
EU watchdog prepares to expand oversight of crypto and exchanges-Verena Ross, chair of the European Securities and Markets Authority, told the Financial Times that under plans being drawn up…
www.ft.com/content/36bd... Martin Arnold @financialtimes.com
EU watchdog prepares to expand oversight of crypto and exchanges
Esma chair says move would help boost bloc’s capital markets by removing supervision from 27 separate authorities
www.ft.com
a-reader-ft.bsky.social
…to “scale our platform overall” was one of his top priorities, along with navigating rising geopolitical complexity and disruptive technology such as AI. Chris Johnston
a-reader-ft.bsky.social
…would propel Fifth Third to become the ninth-largest US bank by assets, controlling about $288bn. Joshua Franklin
a-reader-ft.bsky.social
US regional bank Fifth Third strikes $11bn deal to buy Comerica-the latest example of regional banks combining in an effort to compete with larger rivals. If approved by regulators, the deal…
www.ft.com/content/8137... @mroliverbarnes.bsky.social @financialtimes.com
US regional bank Fifth Third strikes $11bn deal to buy Comerica
Combined group will become ninth-biggest lender in America with $288bn in assets
www.ft.com
a-reader-ft.bsky.social
…Sabadell’s fierce opposition and BBVA’s willingness to stake its credibility on the nearly 18-month long pursuit of the deal.
a-reader-ft.bsky.social
…smaller buffers to insulate themselves. Inflated costs since then have made it harder to turn a profit. Owen Walker
a-reader-ft.bsky.social
Asia’s budget airlines struggle for profitability as costs rise—
Asian carriers operate on much thinner margins than their global peers so, when flights around the world were grounded five years ago, they had… www.ft.com/content/27fa... Chan Ho–Him @financialtimes.com
Asia’s budget airlines struggle for profitability as costs rise
Series of setbacks hit carriers operating on wafer-thin margins
www.ft.com
a-reader-ft.bsky.social
…with more than 146mn customers — seeks to protect its position amid a growing challenge from competitors T-Mobile and AT&T.
a-reader-ft.bsky.social
…that some footnotes and references it contained were incorrect, Australia’s Department of Employment and Workplace Relations said on Monday.
a-reader-ft.bsky.social
Deloitte issues refund for error-ridden Australian government report that used AI—The Big Four accountancy and consultancy firm will repay the final instalment of its government contract after conceding… www.ft.com/content/934c... Ellesheva Kissin @financialtimes.com
Deloitte issues refund for error-ridden Australian government report that used AI
Big Four firm will repay final instalment after incorrect references and citations found in document
www.ft.com
a-reader-ft.bsky.social
…amid Europe’s response to US President Donald Trump’s call to raise defence spending.
a-reader-ft.bsky.social
Nato spending growth lifts small French defence firms—
The Banque de France has identified the defence sector as one of the few drivers of business investment in the stagnant French economy… www.ft.com/content/d9ee... @iancjohnston.bsky.social @financialtimes.com
Nato spending growth lifts small French defence firms
Investors bet on rising sales of products ranging from drones to night-vision goggles
www.ft.com
a-reader-ft.bsky.social
…to healthcare clients as it attempts to apply AI to complex, highly regulated industries. @mroliverbarnes.bsky.social
a-reader-ft.bsky.social
Software group Qualtrics to buy health-tech company Press Ganey Forsta for $6.7bn—The deal, first reported by the Financial Times on Monday, will help to extend Qualtrics’ artificial intelligence technologies… www.ft.com/content/44c9... @antoinegara.bsky.social @financialtimes.com
Software group Qualtrics to buy health-tech company Press Ganey Forsta for $6.7bn
Deal is latest in busy stretch for private equity-backed software and healthcare-focused technology businesses
www.ft.com
a-reader-ft.bsky.social
…such as Bain Capital are instead limiting growth. @jamie-john.ft.com
a-reader-ft.bsky.social
Bain Capital says buyout firms must be more cautious as growth slows—While many private capital groups aim to raise as much money as possible, some of the older privately held buyout firms… www.ft.com/content/9480... @antoinegara.bsky.social @financialtimes.com
Bain Capital says buyout firms must be more cautious as growth slows
US private equity group bucks industry trend of missed fundraising targets with conservative strategy
www.ft.com