FINANCIAL TIMES
News, analysis and comment from the Financial Times, the world's leading global business publication FINANCIAL TIMES HOME Russia releases $500m loan to Belarus as west imposes sanctions. Sochi summit underscores Putin’s position as Lukashenko’s most reliable foreign ally. US moves to punish Belarus over forced TODAY'S NEWSPAPER
News, analysis and comment from the Financial Times, the worldʼs leading global business publication FT GLOBETROTTER
Life & Arts. Cities with the FT. Welcome to FT Globetrotter, the Financial Times' insider guides to great cities, celebrating the joys of city life with expert advice on eating and drinking CROSSWORD | FINANCIAL TIMES News, analysis and comment from the Financial Times, the worldʼs leading global business publication MORAL MONEY
News, analysis and comment from the Financial Times, the worldʼs leading global business publication LETTER: COMPANIES MUST BE DISCERNING WHEN PICKING CAUSES Andrew Edgecliffe-Johnson is right to argue that companies should pay heed to what campaigners are saying (“CEOs should heed difficult activists”, Opinion, June 4). However, unless chief LETTER: LOOK AT THE COUNTERFACTUAL OF REINING IN BANK Late last year, former US Treasury secretary Steven Mnuchin lapsed the Federal Reserve’s corporate bond facilities. Many considered this move risky. Markets sided with Mnuchin as prices barely LETTER: BANKING NEEDS ITS ‘FUZZIES’ NOW MORE THAN EVER Thank you Gillian Tett for finally providing me with a label (Life & Arts, FT Weekend, May 29). It seems I am and have always been a “fuzzie”. I am not an anthropologist or social scientist LETTER: DRAGHI SHOULD FIRST TACKLE ITALY’S REGIONAL We all wish the best for Mario Draghi and his efforts to rebuild Italy (Report, May 31), and high speed trains for sure is a good idea. But has he ever tried the regional trains? Connecting FINANCIAL TIMES
News, analysis and comment from the Financial Times, the world's leading global business publication FINANCIAL TIMES HOME Russia releases $500m loan to Belarus as west imposes sanctions. Sochi summit underscores Putin’s position as Lukashenko’s most reliable foreign ally. US moves to punish Belarus over forced TODAY'S NEWSPAPER
News, analysis and comment from the Financial Times, the worldʼs leading global business publication FT GLOBETROTTER
Life & Arts. Cities with the FT. Welcome to FT Globetrotter, the Financial Times' insider guides to great cities, celebrating the joys of city life with expert advice on eating and drinking CROSSWORD | FINANCIAL TIMES News, analysis and comment from the Financial Times, the worldʼs leading global business publication FINANCIAL TIMES HOME News, analysis and comment from the Financial Times, the world's leading global business publication MORAL MONEY
News, analysis and comment from the Financial Times, the worldʼs leading global business publication CHINA TECHNOLOGY FUNDS BATTLE TO HIT PROFIT TARGETS Beijing-backed technology funds with almost $900bn under management are struggling to hit their profit targets, according to executives who say their capital is stuck in companies that cannot NESTLÉ DOCUMENT SAYS MAJORITY OF ITS FOOD PORTFOLIO IS The world’s largest food company, Nestlé, has acknowledged that more than 60 per cent of its mainstream food and drinks products do not meet a “recognised definition of health” and that BELARUS HIJACK ECHOES EVENTS IN LIBYA 50 YEARS AGO I knew the answer was yes, because I was on a flight 50 years ago when a similar act of state-organised air piracy took place. BOAC Flight 045 was heading from London to Khartoum via Rome on July FT NEWS BRIEFING
News, analysis and comment from the Financial Times, the worldʼs leading global business publication MARKETS | FINANCIAL TIMES Electronics sales boom drives tin prices to 10-year high. Shift to homeworking, drought in China and volcanic eruption in the DRC all contributed. News in-depth Food Prices. LETTERS TO THE EDITOR Letters to the Editor. May 28 2021. Letter: West’s wooing of medical staff weakens pandemic response. From Professor Rachel Jenkins, Former Director, WHO Collaborating Centre for Mental Health LETTER: THE OLYMPICS COULD DO WITHOUT STRAW MAN THREAT Professor Tatsuo Masuda (“Tokyo Games could be a Covid superspreader”, Letters, June 7) seems to be creating a straw man in terms of the Covid-19 threat from Olympic athletes. All foreign BOOKS | FINANCIAL TIMES The Fortune Men — a blistering story of racial injustice in Wales. Based on a real-life case from 1952, Nadifa Mohamed’s captivating novel is teeming with character and evocative of its time. FT TRADING ROOM
BGC names two UK staff behind alleged $35m fraud. US group identifies 18 English properties it claims may have been funded by five-year scheme. Top stories in FT Trading Room. FT PODCASTS
A crisis in the Middle East. Escalating violence between Israel and Palestine have sparked fears of a 'civil war'. FT News Briefing podcast 9 min listen. BEST BOOKS OF THE YEAR 2020 From ideas for rethinking economics and politics to pure escapism, FT writers and critics choose their favourite titles of what has been an extraordinary year for books COLUMNISTS | FINANCIAL TIMES We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used. LETTER: BANKING NEEDS ITS ‘FUZZIES’ NOW MORE THAN EVER Thank you Gillian Tett for finally providing me with a label (Life & Arts, FT Weekend, May 29). It seems I am and have always been a “fuzzie”. I am not an anthropologist or social scientist FINANCIAL TIMES
News, analysis and comment from the Financial Times, the world's leading global business publication FINANCIAL TIMES HOME Russia releases $500m loan to Belarus as west imposes sanctions. Sochi summit underscores Putin’s position as Lukashenko’s most reliable foreign ally. US moves to punish Belarus over forced FIRSTFT: TODAY’S TOP STORIES Rishi Sunak, the UK chancellor, is pushing to win a carve-out for the City of London in the G7’s push for a new global tax system to cover the world’s “largest and most profitable TODAY'S NEWSPAPER
News, analysis and comment from the Financial Times, the worldʼs leading global business publication FT GLOBETROTTER
Life & Arts. Cities with the FT. Welcome to FT Globetrotter, the Financial Times' insider guides to great cities, celebrating the joys of city life with expert advice on eating and drinking CROSSWORD | FINANCIAL TIMES News, analysis and comment from the Financial Times, the worldʼs leading global business publication FINANCIAL TIMES HOME News, analysis and comment from the Financial Times, the world's leading global business publication MORAL MONEY
News, analysis and comment from the Financial Times, the worldʼs leading global business publication NESTLÉ DOCUMENT SAYS MAJORITY OF ITS FOOD PORTFOLIO IS The world’s largest food company, Nestlé, has acknowledged that more than 60 per cent of its mainstream food and drinks products do not meet a “recognised definition of health” and that BELARUS HIJACK ECHOES EVENTS IN LIBYA 50 YEARS AGO I knew the answer was yes, because I was on a flight 50 years ago when a similar act of state-organised air piracy took place. BOAC Flight 045 was heading from London to Khartoum via Rome on July FINANCIAL TIMES
News, analysis and comment from the Financial Times, the world's leading global business publication FINANCIAL TIMES HOME Russia releases $500m loan to Belarus as west imposes sanctions. Sochi summit underscores Putin’s position as Lukashenko’s most reliable foreign ally. US moves to punish Belarus over forced TODAY'S NEWSPAPER
News, analysis and comment from the Financial Times, the worldʼs leading global business publication FT GLOBETROTTER
Life & Arts. Cities with the FT. Welcome to FT Globetrotter, the Financial Times' insider guides to great cities, celebrating the joys of city life with expert advice on eating and drinking CROSSWORD | FINANCIAL TIMES News, analysis and comment from the Financial Times, the worldʼs leading global business publication MORAL MONEY
News, analysis and comment from the Financial Times, the worldʼs leading global business publication LETTER: COMPANIES MUST BE DISCERNING WHEN PICKING CAUSES Andrew Edgecliffe-Johnson is right to argue that companies should pay heed to what campaigners are saying (“CEOs should heed difficult activists”, Opinion, June 4). However, unless chief LETTER: LOOK AT THE COUNTERFACTUAL OF REINING IN BANK Late last year, former US Treasury secretary Steven Mnuchin lapsed the Federal Reserve’s corporate bond facilities. Many considered this move risky. Markets sided with Mnuchin as prices barely LETTER: BANKING NEEDS ITS ‘FUZZIES’ NOW MORE THAN EVER Thank you Gillian Tett for finally providing me with a label (Life & Arts, FT Weekend, May 29). It seems I am and have always been a “fuzzie”. I am not an anthropologist or social scientist LETTER: DRAGHI SHOULD FIRST TACKLE ITALY’S REGIONAL We all wish the best for Mario Draghi and his efforts to rebuild Italy (Report, May 31), and high speed trains for sure is a good idea. But has he ever tried the regional trains? Connecting FT NEWS BRIEFING
News, analysis and comment from the Financial Times, the worldʼs leading global business publication MARKETS | FINANCIAL TIMES Electronics sales boom drives tin prices to 10-year high. Shift to homeworking, drought in China and volcanic eruption in the DRC all contributed. News in-depth Food Prices. LETTERS TO THE EDITOR Letters to the Editor. May 28 2021. Letter: West’s wooing of medical staff weakens pandemic response. From Professor Rachel Jenkins, Former Director, WHO Collaborating Centre for Mental Health BOOKS | FINANCIAL TIMES The Fortune Men — a blistering story of racial injustice in Wales. Based on a real-life case from 1952, Nadifa Mohamed’s captivating novel is teeming with character and evocative of its time. HOLY JOLTS!
The number of open job vacancies reached an all-time high of 9.3m, and perhaps perplexingly, the number of people who quit their jobs also reached a series high of 2.7 per cent of total employment. FT TRADING ROOM
BGC names two UK staff behind alleged $35m fraud. US group identifies 18 English properties it claims may have been funded by five-year scheme. Top stories in FT Trading Room. FT PODCASTS
A crisis in the Middle East. Escalating violence between Israel and Palestine have sparked fears of a 'civil war'. FT News Briefing podcast 9 min listen. MYFT TOUR - NEVER MISS A STORY ON TOPICS YOU FOLLOW IN • Get straight to what you need by following topics of interest. • Save time by scanning all the latest stories on topics you follow in one place. • Choose how you want to be alerted when a COLUMNISTS | FINANCIAL TIMES We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used. BEST BOOKS OF THE YEAR 2020 From ideas for rethinking economics and politics to pure escapism, FT writers and critics choose their favourite titles of what has been an extraordinary year for books FINANCIAL TIMES
News, analysis and comment from the Financial Times, the world's leading global business publication FINANCIAL TIMES HOME Russia releases $500m loan to Belarus as west imposes sanctions. Sochi summit underscores Putin’s position as Lukashenko’s most reliable foreign ally. US moves to punish Belarus over forced FIRSTFT: TODAY’S TOP STORIES Rishi Sunak, the UK chancellor, is pushing to win a carve-out for the City of London in the G7’s push for a new global tax system to cover the world’s “largest and most profitable FT GLOBETROTTER
Life & Arts. Cities with the FT. Welcome to FT Globetrotter, the Financial Times' insider guides to great cities, celebrating the joys of city life with expert advice on eating and drinking TODAY'S NEWSPAPER
News, analysis and comment from the Financial Times, the worldʼs leading global business publication CROSSWORD | FINANCIAL TIMES News, analysis and comment from the Financial Times, the worldʼs leading global business publication DON’T BE FOOLED BY CORPORATE LOSSES In the US, during the booming decade prior to Covid, almost 50 per cent of public companies reported annual losses. Among high tech and science-based (pharma, biotech) enterprises the loss MORAL MONEY
News, analysis and comment from the Financial Times, the worldʼs leading global business publication NESTLÉ DOCUMENT SAYS MAJORITY OF ITS FOOD PORTFOLIO IS The world’s largest food company, Nestlé, has acknowledged that more than 60 per cent of its mainstream food and drinks products do not meet a “recognised definition of health” and that BELARUS HIJACK ECHOES EVENTS IN LIBYA 50 YEARS AGO I knew the answer was yes, because I was on a flight 50 years ago when a similar act of state-organised air piracy took place. BOAC Flight 045 was heading from London to Khartoum via Rome on July FINANCIAL TIMES
News, analysis and comment from the Financial Times, the world's leading global business publication FINANCIAL TIMES HOME Russia releases $500m loan to Belarus as west imposes sanctions. Sochi summit underscores Putin’s position as Lukashenko’s most reliable foreign ally. US moves to punish Belarus over forced FIRSTFT: TODAY’S TOP STORIES Rishi Sunak, the UK chancellor, is pushing to win a carve-out for the City of London in the G7’s push for a new global tax system to cover the world’s “largest and most profitable FT GLOBETROTTER
Life & Arts. Cities with the FT. Welcome to FT Globetrotter, the Financial Times' insider guides to great cities, celebrating the joys of city life with expert advice on eating and drinking TODAY'S NEWSPAPER
News, analysis and comment from the Financial Times, the worldʼs leading global business publication CROSSWORD | FINANCIAL TIMES News, analysis and comment from the Financial Times, the worldʼs leading global business publication DON’T BE FOOLED BY CORPORATE LOSSES In the US, during the booming decade prior to Covid, almost 50 per cent of public companies reported annual losses. Among high tech and science-based (pharma, biotech) enterprises the loss MORAL MONEY
News, analysis and comment from the Financial Times, the worldʼs leading global business publication NESTLÉ DOCUMENT SAYS MAJORITY OF ITS FOOD PORTFOLIO IS The world’s largest food company, Nestlé, has acknowledged that more than 60 per cent of its mainstream food and drinks products do not meet a “recognised definition of health” and that BELARUS HIJACK ECHOES EVENTS IN LIBYA 50 YEARS AGO I knew the answer was yes, because I was on a flight 50 years ago when a similar act of state-organised air piracy took place. BOAC Flight 045 was heading from London to Khartoum via Rome on July FT NEWS BRIEFING
News, analysis and comment from the Financial Times, the worldʼs leading global business publication FIRSTFT: TODAY’S TOP STORIES Rishi Sunak, the UK chancellor, is pushing to win a carve-out for the City of London in the G7’s push for a new global tax system to cover the world’s “largest and most profitable LETTERS TO THE EDITOR Letters to the Editor. May 28 2021. Letter: West’s wooing of medical staff weakens pandemic response. From Professor Rachel Jenkins, Former Director, WHO Collaborating Centre for Mental Health HOLY JOLTS!
The number of open job vacancies reached an all-time high of 9.3m, and perhaps perplexingly, the number of people who quit their jobs also reached a series high of 2.7 per cent of total employment. TRULY, MADLY, REMOTELY: DEMAND AND SALES RISE IN HAWAII Tech workers, retirees and those seeking to escape the pandemic are flocking to the US state in the middle of the Pacific A six-bedroom home designed by Thomas Bingham in South Kohala, on the ABU DHABI’S CREATIVE PIVOT AWAY FROM OIL A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. US officials say they have MICROSTRATEGY DOUBLES DOWN MicroStrategy, a $4.6bn bitcoin asset gatherer masquerading as a tech company, is doing what every gambler is warned against doing: doubling down. After chief executive and large boat enthusiast ROBIN WIGGLESWORTH
Robin Wigglesworth is the FT’s global finance correspondent, based in Oslo, Norway. He focuses on the biggest trends reshaping markets, investing and finance more broadly across the world, with FT CROSSWORD: NUMBER 16,806 FT.com will bring you the crossword from Monday to Saturday as well as the Weekend FT Polymath. The Saturday puzzles are prize crosswords; details of how to enter are with each crossword. Click RE-CONNECTING WITH CUSTOMERS IN 2021 For the best part of three decades, commerce has increasingly been moving to online platforms. The early 2020s will probably be seen as the period when this process reached its zenith. Lockdowns Accessibility help Skip to navigationSkip to contentSkip to footer * Sign In
* Subscribe
Open drawer menuOpen search bar Financial Times
myFT
Search the FT
Suggestions include
News
Securities
* See all quotes matching undefined SearchClose search bar * Home
* World
Sections
* World Home
* Global Economy
* UK
* US
* China
* Africa
* Asia Pacific
* Emerging Markets
* Europe
* Americas
* Middle East and North Africa Most Read
* How dangerous is new coronavirus and other questions answered * ‘We see people getting ill around us’: the foreigners trapped in Wuhan
* Labour party report excuses Corbyn for election defeat * Trump rages at Bolton as Senate weighs calling witnesses * Donald Trump pleases Israel with long-awaited Middle East peace plan
* US
Sections
* US Home
* US Economy
* US Politics & Policy * US Companies
Most Read
* Apple books record profit on strong iPhone sales * Donald Trump pleases Israel with long-awaited Middle East peace plan
* Boeing expects 737 Max crisis costs to reach $18.6bn * Huawei decision jolts UK-US ‘special relationship’ at sensitive time
* More affordable iPhone 11 is unlikely star of Apple earnings * Companies
Sections
* Companies Home
* Energy
* Financials
* Health
* Industrials
* Media
* Professional Services * Retail & Consumer
* Tech Sector
* Telecoms
* Transport
Most Read
* Boeing expects 737 Max crisis costs to reach $18.6bn * Nissan’s ‘invisible’ chief executive accused of failing to lead
* How rugby club Saracens taught executive skills — but hid the cheating
* More affordable iPhone 11 is unlikely star of Apple earnings * Starbucks closes half of China stores as virus hits * Tech
* Markets
Sections
* Markets Home
* fastFT
* Alphaville
* Markets Data
* Capital Markets
* Commodities
* Currencies
* Equities
* Fund Management
* Trading
* Moral Money
Most Read
* Hong Kong stocks fall on coronavirus fears as foreigners leave Wuhan
* Further reading
* ‘Flash crash’ trader avoids further jail time * Why it makes sense for the banks to have 40% overdraft rates * US stocks rebound day after coronavirus fears hit markets * Graphics
* Opinion
Sections
* Opinion Home
* Columnists
* The FT View
* The Big Read
* Instant Insight
* Lex
* Alphaville
* Obituaries
* Letters
Most Read
* Britain after Brexit will not be alone, but it will be lonelier * Make the punishment fit the white collar crime * Boeing’s travails run deeper than a few bad apples * Containing the spread of the coronavirus is a forlorn hope * What if the economists are all wrong on productivity? * Work & Careers
Sections
* Work & Careers Home * Business School Rankings * Business Education * Entrepreneurship
* Recruitment
* Business Books
* Business Travel
Most Read
* When a rude boss keeps you waiting, why not walk out? * Can I justify flying business class to avoid jet lag? * What an MBA did for me * Business schools target the talented but less wealthy * Can online exercising at home beat the chore of going to the gym? * Life & Arts
Sections
* Life & Arts Home
* Arts
* Books
* Food & Drink
* FT Magazine
* House & Home
* Style
* Travel
* FT Globetrotter
Most Read
* How food-delivery apps could change the way we eat out * Woodford payouts: the key facts for investors * Louis de Bernières: why I believe in Brexit * Inhuman rights weigh on the leasehold system * Can my parents cut my brother out of their wills? * How to Spend It
* Sign In
* Subscribe
MenuSearch
* Home
* World
* US
* Companies
* Tech
* Markets
* Graphics
* Opinion
* Work & Careers
* Life & Arts
* How to Spend It
Financial Times
* Sign In
* Subscribe
Search the FT
Suggestions include
News
Securities
* See all quotes matching undefined SearchClose search bar SUBSCRIBE TO THE FT TO READ: FINANCIAL TIMES PORTUGUESE BANKER NAMED IN ISABEL DOS SANTOS PROBE FOUND DEAD BE A GLOBAL CITIZEN. BECOME AN FT SUBSCRIBER. Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. CHOOSE YOUR SUBSCRIPTION Trial
Not sure which package to choose? Try full access for 4 weeks $1.00 for 4 weeks*
Select Purchase a Trial subscription for $1.00 for 4 weeks You will be billed $67.00 per month after the trial ends * For 4 weeks receive unlimited Premium digital access to the FT's trusted, award-winning business news Read more
Digital
Be informed with the essential news and opinion
$7.10 per week*
Select Purchase a Digital subscription for $7.10 per week You will be billed $39.50 per month after the trial ends * MyFT – track the topics most important to you * FT Weekend – full access to the weekend content * Mobile & Tablet Apps – download to read on the go * Gift Article – share up to 10 articles a month with family, friends and colleagues Read more
Premium Digital
All the essentials plus deeper insights and analysis $11.50 per week*
Select Purchase a Premium Digital subscription for $11.50 per week You will be billed $67.00 per month after the trial ends ALL THE BENEFITS OF DIGITAL PLUS: * Lex – our agenda setting daily column * In-depth analysis – on trade, emerging markets, M&A, investing and more
* ePaper – a digital replica of the newspaper * Gift Article – share up to 20 articles a month with family, friends and colleagues Read more
Team or Enterprise
Premium FT.com access for multiple users, with integrations & admin tools
Pay based on use
Get Started Purchase a Team or Enterprise subscription for per week You will be billed per month after the trial ends Group Subscription
ALL THE BENEFITS OF PREMIUM DIGITAL PLUS: * Convenient access for groups of users * Integration with third party platforms and CRM systems * Usage based pricing and volume discounts for multiple users * Subscription management tools and usage reporting * SAML-based single sign on (SSO) * Dedicated account and customer success teams Read more
* Subscription Terms and Conditions apply.
Learn more and compare subscriptions__ OR, IF YOU ARE ALREADY A SUBSCRIBER Sign in
OTHER OPTIONS
Premium Digital + Print Print Only
Premium Digital + Weekend Print Weekend Print
How easy or hard was it to use FT.com today? Feedback
USEFUL LINKS
SUPPORT
View Site Tips Help Centre About Us Accessibility myFT Tour Careers
LEGAL & PRIVACY
Terms & Conditions
Privacy
Cookies
Copyright
Slavery
Statement & Policies SERVICES
FT Live Share News Tips Securely Individual Subscriptions Group Subscriptions
Republishing
Contracts &
Tenders
Executive Job Search Advertise with the FT Follow the FT on Twitter FT Transact
Secondary Schools
TOOLS
Portfolio Today's
Newspaper (ePaper) Alerts Hub MBA Rankings
Enterprise Tools News feed Newsletters Currency Converter More from the FT Group Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2020. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice .
Close drawer menuFinancial Times International Edition Search the FT
Suggestions include
News
Securities
* See all quotes matching undefined Search
* Switch to UK Edition * Top sections
* Home
*
World Show more World * Global Economy
* UK
* US
* China
* Africa
* Asia Pacific
* Emerging Markets
* Europe
* Americas
* Middle East and North Africa *
US Show more US
* US Economy
* US Politics & Policy * US Companies
*
Companies Show more Companies * Energy
* Financials
* Health
* Industrials
* Media
* Professional Services * Retail & Consumer
* Tech Sector
* Telecoms
* Transport
* Tech
*
Markets Show more Markets * fastFT
* Alphaville
* Markets Data
* Capital Markets
* Commodities
* Currencies
* Equities
* Fund Management
* Trading
* Moral Money
* Graphics
*
Opinion Show more Opinion * Columnists
* The FT View
* The Big Read
* Instant Insight
* Lex
* Alphaville
* Obituaries
* Letters
*
Work & Careers Show more Work & Careers * Business School Rankings * Business Education * Entrepreneurship
* Recruitment
* Business Books
* Business Travel
*
Life & Arts Show more Life & Arts * Arts
* Books
* Food & Drink
* FT Magazine
* House & Home
* Style
* Travel
* FT Globetrotter
*
Personal Finance Show more Personal Finance * Property & Mortgages * Investments
* Pensions
* Tax
* Banking & Savings
* Advice & Comment
* Next Act
* How to Spend It
* Special Reports
* FT recommends
* Lex
* Alphaville
* EM Squared
* Lunch with the FT
* FT Globetrotter
* Tech Scroll Asia
* Moral Money
* FTfm
* Newsletters
* Video
* Podcasts
* News feed
* myFT
* Portfolio
* Today's Newspaper (ePaper) * Crossword
* Our Apps
* Help Centre
* Subscribe
* Sign In
