Italy’s Enel has announced plans to sell assets valued at €21bn as it moves to cut debt and streamline its business to focus on six core countries and the development of...
Hedge funds have billions of dollars stuck on failed cryptocurrency exchange FTX and could face years of waiting to recover anything at all from a marketplace they once believed to...
When Paddy Padmanathan first pitched the idea of introducing a sliver of renewable energy into Saudi Arabia’s electricity supply, the state utility gave him short shrift.The chief executive of Riyadh-based...
Shipping companies could exploit loopholes in upcoming UN regulations targeting carbon emissions, industry insiders have warned, potentially limiting environmental progress in one of the world’s most polluting sectors.Some executives in...
The annual FT-Omdia Digital Economies Index highlights the world’s most promising tech markets. Today we look at Vietnam’s rapid digital growth; further articles on November 23 and 24 will focus...
French bank Société Générale has agreed to create a joint venture with US investment company AllianceBernstein, with the two financial groups merging their equities research and cash equities businesses.The deal,...
The US and Europe can cut their dependence on China for electric vehicle batteries through more than $160bn in new capital expenditure by 2030, Goldman Sachs has forecast. EV batteries...
Clothing is piling up at warehouses in Bangladesh as consumers tighten belts in the US, Europe and other big markets, according to manufacturers and government officials. Manufacturers said that orders...
The UK’s gambling regulator oversaw a “poorly managed” competition process to decide the next National Lottery operator, a report by a cross-party group of MPs has concluded. The Gambling Commission...
India’s revamped data protection bill is “balanced” and designed to encourage growth, the country’s IT minister said, after the government scrapped a previous draft criticised by tech companies and civil...