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Banco BPM rejects UniCredit takeover bid

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Italy’s third-largest bank says value of offer is ‘completely unusual’ and fails to reflect its prospects

Published: 2024-11-26 12:12:38

Mexican peso and Canadian dollar fall after Trump’s tariff pledge

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European equities slip while US Treasury yields edge higher

Published: 2024-11-26 11:54:23

Paris mayor Anne Hidalgo will not seek another term in 2026

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Socialist’s decision opens up race for one of France’s top political jobs

Published: 2024-11-26 11:49:31

Sri Lanka launches debt swap deal to end sovereign default

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Agreement with bondholders expected to bring two-year restructuring saga to a close

Published: 2024-11-26 11:43:18

Where Trump could surprise on the upside

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The danger posed by the president-elect lies most obviously at home not abroad

Published: 2024-11-26 11:40:53

UK spending watchdog refuses to sign off government accounts

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National Audit Office criticises ‘material and pervasive’ gaps in public sector audits

Published: 2024-11-26 11:30:06

Japanese prime minister’s portfolio outpaces stock benchmark

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Shigeru Ishiba is struggling as a politician but excelling as an investor, disclosures reveal

Published: 2024-11-26 11:00:06

FirstFT: Trump pledges new tariffs against China, Canada and Mexico

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Also in today’s newsletter, Citi slashes promotions and Telegram’s finances propped up by crypto

Published: 2024-11-26 10:59:06

Business warns of recruitment jitters over UK employment reforms

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More executives expect to reduce staffing than increase it for the first time since 2020, finds Institute of Directors survey

Published: 2024-11-26 10:56:13

Chinese ship linked to cable sabotage urged to move into Swedish waters

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Stockholm steps up probe after two cables were cut in Baltic Sea

Published: 2024-11-26 10:14:14

Israeli far-right minister criticises Hizbollah ceasefire plan

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Comments from Itamar Ben-Gvir and northern mayors come as cabinet prepares to vote on US-brokered deal

Published: 2024-11-26 10:07:46

How Trump should impose tariffs

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Policymakers need to update their approach if they are determined to use trade measures to protect industry

Published: 2024-11-26 10:01:10

Reeves draws line under tax rises, but will Labour’s other pledges survive?

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Labour’s Budget pushed levies on employers to the limit — Trump era may mean preparing households for pain too

Published: 2024-11-26 09:30:06

Trump says he will hit China, Canada and Mexico with new tariffs

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US president-elect vows to impose levies on first day in retaliation for illegal migration and drug trafficking

Published: 2024-11-26 06:41:04

Why Europe wants Britain back at the EU defence industry party

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Plus: Meet the probable head of the EU’s new fraud watchdog

Published: 2024-11-26 06:00:05

The geopolitics of chips: Taiwan’s ‘Silicon Shield’

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How long can the island rely on its chipmaking industry to deter a Chinese invasion?

Published: 2024-11-26 05:00:23

Nissan seeks anchor investor to help it through make-or-break 12 months

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Carmaker looks for steady shareholder as longtime partner Renault sells down its holding

Published: 2024-11-26 05:00:06

Labour has a classic first act problem

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Everything the government does for the rest of its term will be distorted by its pledges on tax

Published: 2024-11-26 05:00:06

Why the public doesn’t buy the idea of a ‘green jobs’ bonanza

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People understand that transitions are hard — politicians need to as well

Published: 2024-11-26 05:00:06

Where I write . . .  John Banville’s place of ‘happy nothingness’

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The Irish author needs a blank wall, a wide desk and a menagerie of inanimate creatures — ferocious Chinese dragons and a wooden mouse in a polka-dot frock among them — to work

Published: 2024-11-26 05:00:06

Abandoned orchards and empty bars: war shatters Lebanon’s economy

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Beirut, says one business owner, is ‘no longer a place where you have a happy vibe’

Published: 2024-11-26 05:00:06

How Shanghai’s ambition to be the ‘future of finance’ fell apart

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The city was meant to be China’s answer to New York. But trade tensions and changing domestic priorities have taken a toll

Published: 2024-11-26 05:00:06

Freedom by Angela Merkel — a paean to a bygone halcyon age

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The former German chancellor’s remarkable story is undermined by a failure to admit mistakes — though she does not pull her punches on Putin and Trump

Published: 2024-11-26 05:00:06

UniCredit’s journey from foreign predator to domestic consolidator

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Two months ago Andrea Orcel swooped on Germany’s Commerzbank. Now the dealmaker is bidding for Banco BPM

Published: 2024-11-26 05:00:06

Starmer to launch online ‘dashboard’ to let public track policy targets

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Platform will aim to boost transparency of government’s progress ahead of next election

Published: 2024-11-26 05:00:06

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