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Coal’s last boom? World’s dirtiest fuel isn’t being put out of business anytime soon
Breadcrumb Trail Links News FP Energy FP Economy Commodities Pandemic has stirred up multiple economic forces that undermine prevailing narrative…
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How climate change is raising the price of your pumpkin pie
As Americans sit down at their Thanksgiving tables, many of the items in front of them will be more expensive…
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Bitcoin and ether rise despite India’s crypto crackdown
The two leading digital assets were rising on 25 November amid optimism that new rules for cryptocurrencies planned by the…
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Why the Retail Industry Is Fighting Vaccine Mandates
The holiday shopping season has arrived, and retailers are ringing it in by doing everything from cutting prices to stocking…
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Jamie Dimon rows back on ‘joke’ that JPMorgan would outlast Chinese government
The chief executive of JPMorgan said he regretted making a quip about how the US bank would outlast China’s ruling…
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Inflation is not going away any time soon – and Biden will have to wait it out like the rest of us
Customers stand in line to check out at a grocery store in San Francisco, California, U.S., on Thursday, Nov. 11,…
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FCA pleads with City to promote ‘genuine’ ESG talent as hiring booms
The UK’s Financial Conduct Authority warned finance firms to avoid what it terms “competence-washing” within the City’s rapidly growing environmental,…
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Initial unemployment claims last week fell to a half-century low.
Initial unemployment claims tumbled last week to their lowest point since 1969, the Labor Department reported Wednesday. New filings for…
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Not since Americans came home from World War II has inflation run through the economy like it is now
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S.…
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KPMG interim chair Bina Mehta wins full term after partner vote
KPMG partners have voted for interim chair Bina Mehta to take on the role for a full three-year term, as…
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Private equity turns to continuation funds to keep hold of trophy assets
Earlier this year, BC Partners found the perfect buyer for Springer Nature: itself. Unwilling to let go of its prized…
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Cathie Wood’s ARK funds swoop on Zoom after share price slump
Cathie Wood’s ARK funds bought more than 600,000 shares of Zoom after the stock slumped amid concerns of slowing growth. The ARK Innovation…
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A Tech Whistle-Blower Helps Others Speak Out
Last month, Gov. Gavin Newsom of California signed a bill to expand protections for people who speak up about discrimination…
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FCA chair shouldered ‘huge burden’, report finds, as campaigners call for consumer champion to fill role
A review of the Financial Conduct Authority’s board has heaped praise on outgoing chair Charles Randell, as campaigners continue to…
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Major London law firms hiring ‘anyone with a pulse’ as soaring salaries aren’t enough to keep junior lawyers
City law firms are struggling to retain junior lawyers in the wake of Covid-19, despite soaring salaries netting newly qualified…
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JPMorgan, Goldman Sachs should boost capital buffers, global regulators say
Global financial regulators told JPMorgan, Goldman Sachs and BNP Paribas to boost their capital buffers under rules intended to help avoid a repeat of the 2008…
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Rothschild hires top Morgan Stanley analyst for equity advisory vice chair role
Rothschild has hired a top Morgan Stanley research analyst into a senior role within its equity advisory business amid a…
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Video: Biden Renominates Powell as Fed Chair
new video loaded: Biden Renominates Powell as Fed Chair transcript Back transcript Biden Renominates Powell as Fed Chair President Biden…
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UBS names ex-Morgan Stanley exec Colm Kelleher as next chair
UBS Group named former Morgan Stanley executive Colm Kelleher to succeed Axel Weber as its next chairman, landing a prominent…
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Keir Starmer calls for economic ‘reset’ after Brexit and Covid
Which MPs are raking it in from City law firms?Which MPs are raking it in from City law firms?The UK…
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Deutsche Bank hires Wynaendts to take over from Achleitner as chairman
Deutsche Bank has tapped veteran banker, Alex Wynaendts, as its next chairman of the supervisory board, replacing former Goldman Sachs…
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Mark Mobius says pile 10% into gold, and calls China crackdowns ‘a good thing’
With China and inflation two of the biggest topics on investors’ radars, the timing could hardly be better for our…
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Blue Whale’s Stephen Yiu on why he loves inflation, but isn’t interested in China
As the world slowly begins to emerge from the Covid pandemic, investors are starting to re-evaluate portfolios and question whether…
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Critic of Teamsters leader claims victory in race to succeed him.
The head of a Boston local who urged a more assertive stand toward employers like the United Parcel Service —…
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Greenwashing probes prompt panic among ESG funds: ‘There’s a big reputational risk’
Asset managers have for years been touting their sustainable-investment expertise. But with surging investor interest in environmental, social and governance…
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Warren Buffet-backed Paytm falls sharply on first day of trading
MUMBAI — Shares in the owner of Indian mobile-payments company Paytm fell sharply on their first day of trading, after…
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FCA’s lead supervisor for asset managers quits: ‘It’s a big loss’
The Financial Conduct Authority’s head of asset management Nick Miller is set to leave the watchdog to join ratings agency…
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Why sub-scale Spacs need rooting out
Alasdair Haynes is chief executive of Aquis Stock Exchange Spacs are the ‘sexy’ sector of the moment. Everywhere you look, there is…
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Why a Fed official says stablecoins can match the stability of fiat currencies
Federal Reserve governor Christopher Waller said on 17 November there can be value in private money designed to match the…
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Evan Fraser: B.C. storms a reminder that our food supply system leaves us ‘nine meals from anarchy’
Breadcrumb Trail Links News FP Economy Commodities Agriculture Canada needs to update its food system to become more resilient in…
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Ignore ‘hysterical people’ — inflation is not here to stay, economist says
A breakdown of the latest U.S. data indicates that inflation is confined to certain sectors and will not pose a…
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Inflation in Britain climbs to a 10-year high.
Inflation in Britain rose to its highest level in nearly a decade in October after soaring energy prices hit household…
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Hong Kong hits back after allowing JPMorgan’s Jamie Dimon to skip quarantine
A 32-hour visit to Hong Kong by JPMorgan chief executive Jamie Dimon has drawn attention to how shut-off the Chinese…
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Why central bank digital currencies are facing an identity crisis
If cryptocurrencies are dangerous because of their proliferation among criminals, central banks are keen to make sure the same can’t…
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Bitcoin dips below $60,000 as investors watch strong dollar
Cryptocurrencies slid in overnight trading, with some of the most popular digital tokens losing more than 10% from recent highs.…
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Freshfields’ Ali Kirby-Harris on how to make partner: ‘Watch others like a hawk’
Freshfields dispute resolution partner Ali Kirby-Harris talks how she has juggled multiple periods of maternity leave with making it to the top…
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View: Politicians must stop bashing the UK’s banks
How much longer must the banks stay in the sin bin? It is now 13 years since RBS and Lloyds…
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Why Twitter’s CFO says crypto investing right now ‘doesn’t make sense’
Investing some of Twitter’s corporate cash in crypto assets such as bitcoin “doesn’t make sense right now,” Chief Financial Officer Ned Segal…
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Spac targets beauty market as former L’Oréal executives create $1.2bn firm
Skincare company Obagi and makeup brand Milk Makeup are merging with Waldencast Acquisition Corp. , a special-purpose acquisition company founded by two…
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Fed is losing credibility over its inflation narrative, Mohamed El-Erian says
Mohamed El-Erian, chief economic adviser of Allianz SE, listens during a Bloomberg Television interview on the sidelines of the Bloomberg…
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‘Holy battle’: Competition Bureau chief readies for fight to shake up merger laws
Breadcrumb Trail Links News FP Economy Matthew Boswell represents an emerging school of thought that wants competition rules to prioritize…
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PE firms near deal to acquire Vatican London building at the centre of property scandal
The Vatican is close to a deal with two private-equity firms to sell a London commercial building at the centre…
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Sack Deloitte from Test and Trace inquiry role, Labour says
The Labour Party has called for audit firm Deloitte to be sacked from its role preparing NHS Test and Trace…
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City’s Tulip tower plans quashed by government
Plans to build a 305-metre tower in the heart of the City have been quashed by the government. The proposed…
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View: Despite Staley’s battles, investors have undervalued Barclays
When Nigel Higgins was appointed chairman of Barclays three years ago, some close observers predicted he would quickly look for…
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Credit Suisse’s legal troubles are dragging on its plans to rebuild
Credit Suisse is vowing to end reckless risk taking at the bank. The cost of earlier misdeeds are likely to keep…
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JPMorgan leads Wall Street banks in blockchain hiring craze
JPMorgan is still Wall Street’s biggest blockchain fan, as the lender continues to outpace its rivals with a global hiring…
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Barclays names Compton as investment bank head as Venkat shakes up leadership team
Barclays has named Paul Compton as the sole leader of its investment bank after his co-head C.S. Venkatakrishnan was promoted…
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Fed Vice Chair Clarida says another year of inflation like this one would not be ‘a policy success’
Richard Clarida, vice chairman of the U.S. Federal Reserve nominee for U.S. President Donald Trump, speaks during a Senate Banking…
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Fed says China’s real estate troubles could spill over to the U.S.
Ornamental statues at China Evergrande Group’s Life in Venice real estate and tourism development in Qidong, Jiangsu province, China, on…
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