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Payments fintech CAB Payments Holdings has announced plans to float in London, a shot in the arm for the market as it faces challenges holding on to existing companies and attracting new listings. CAB Payments, which specialises in foreign exchange and payment services for businesses that send money from developed to emerging markets, is seeking

In the second week of March, Warner Bros Discovery chief David Zaslav flew from his perch in Los Angeles to New York, where he spent the day trying to rally the troops at CNN. For Zaslav, CNN was the piece of the Warner Bros kingdom that had been creating an outsized amount of drama since

Villa, Camogli, €3.95mn Where A five-minute drive from Camogli, a coastal town on the west of the Portofino peninsula. It’s 35 minutes from Genova City airport. What This hillside property comprises a five-bedroom, seven-bathroom 270 sq m villa in the Art Nouveau style, and a 55 sq m outbuilding that could be used as a

This article is part of a guide to Madrid from FT Globetrotter Local indie labels are shaking up Madrid’s wine scene. Pushing out Spain’s established classics, wines from small regional bodegas (the word for anywhere wine is made, matured or sold) such as Las Moradas de San Martín, Licinia and Cuarto Lote have been sliding

This is an audio transcript of the Behind the Money podcast episode: ‘Libor’s long goodbye’ [MUSIC PLAYING] Michela Tindera There’s been a looming deadline hanging over financial markets. It’s coming to an end this summer. And the deadline has to do with shifting away from this notorious benchmark rate called Libor. It was used for

Morgan Stanley rainmaker Rob Kindler is leaving to join elite law firm Paul, Weiss, Rifkind, Wharton & Garrison after 17 years with the Wall Street investment bank where he advised on some of the largest-ever corporate takeovers.  Paul Weiss said Kindler was joining as a partner and would chair its mergers and acquisitions practice. He

Eight years after he first announced he was running for president, Chris Christie is returning to the national stage. The brash former governor of New Jersey filed paperwork with the Federal Election Commission on Tuesday launching his second presidential run ahead of a town hall-style event in Manchester, New Hampshire, some 300 miles north of

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well

Unilever has begun a search to replace chair Nils Andersen in the latest stage of a leadership shake-up since the consumer goods giant became a target for activist investor Nelson Peltz.  The Marmite and Magnum maker has appointed executive search firm Spencer Stuart to conduct the search for Andersen’s successor, according to people familiar with

Western countries are worried that China and Russia could try to exploit growing geopolitical tensions in the Arctic to increase their influence over the region and its abundant natural resources. In a series of interviews with the Financial Times, senior western policymakers expressed fears that the era of Arctic exceptionalism — when the polar region

Solvers navigating their way round this weekend’s FT crosswords might wonder if a sense of geography and the London A-Z might be just as useful as their wordplay skills. Locations in the world feature in Falcon’s Polymath, the FT’s Saturday general knowledge crossword. Falcon (aka Allan Scott) has even managed to come up with a

The six Glazer siblings could retain stakes in Manchester United in a proposed phased takeover of the football club by Sir Jim Ratcliffe, who is seeking a way through the share structure and family dynamics that have complicated the deal. The Glazer family started a strategic review more than six months ago but the process

Amid the costume dramas and romcoms that dominated 1990s British and Irish cinema, The Full Monty stood alone. For one thing, it turned a $3.5mn comedy-drama about out-of-work Sheffield steelworkers forced to resort to stripping into an unlikely $258mn global hit. But this was also a subtly polemical crowd-pleaser: the men’s clothes-shedding act served as

As the Berlin-based music group BMG was bargaining over the terms of the sale of its record label to Sony 15 years ago, executives at the New York-headquartered entertainment giant could not understand why their German counterparts wanted to hang on to the likes of Rick Astley. Like a string of “legacy artists” that BMG

Eurozone inflation has fallen more than economists expected to hit its lowest level since Russia’s full-scale invasion of Ukraine more than a year ago, bolstering hopes that monetary policymakers could stop raising interest rates this summer. Annual consumer prices in the 20-country single currency bloc rose 6.1 per cent in the year to May, a

Your browser does not support playing this file but you can still download the MP3 file to play locally. The US House of Representatives voted to raise the debt ceiling last night. Plus, in part two of our housing series, the FT’s Persis Love explores a niche solution to skyrocketing rents in the UK, called

Modern armaments are often precise. ESG is generally fuzzy. Funds with environmental, social and governance aims may be precluded from backing Ukraine. They need to be more discerning. The Russian invasion has forced liberals to rethink the role of arms companies. Businesses once dismissed as merchants of death are now key to defeating a brutal

Dear reader, Mizuho Financial Group is hardly the first foreign visitor to run a little wild in New York City. Back home in Japan, Mizuho is a relatively conservative lender. But its US arm recently provided financing for a $16bn leveraged buyout of TV ratings business Nielsen Holdings. The US is once again the promised

A Chinese fighter jet performed an “unnecessarily aggressive manoeuvre” near a US military aircraft that was flying over the South China Sea last week, the Pentagon said on Tuesday. The US Indo-Pacific Command released video footage of the incident, which it said happened on Friday, as US defence secretary Lloyd Austin was on his way

Foxconn forecasts its AI server business will at least double in the second half of this year, making the world’s biggest contract electronics manufacturer — best known for making the iPhone — the latest beneficiary of the rapid rise of generative artificial intelligence systems such as ChatGPT. Foxconn chair Young Liu said at the company’s