Business

DWS to lift dividend as asset manager battles greenwashing scandal

New chief executive Stefan Hoops says the group should no longer be using superlatives to describe ESG strategy

The great chip war — and the challenge for global diplomacy

The winner of the 2022 FT Business Book of the Year Award throws a spotlight on the battle for semiconductor ...

Crypto is as useful as a ‘pet rock,’ according to JPMorgan’s Jamie Dimon

The JPMorgan CEO has previously called cryptocurrencies dangerous, worthless and a “Ponzi scheme.” Read More

Cathie Wood says the Fed is making a serious mistake as bond market flashes worst signal since 1980s

“The bond market seems to be signaling that the Fed is making a serious mistake,” Wood said.

Musk confirms he’s installed employee beds at Twitter HQ

San Francisco city officials are preparing a site inspection. Read More

Member states press EU to amend sanctions on Russian food exports

Call follows criticism from African nations that lack of clarity in rules is leaving vital supplies stuck at EU ports

Microsoft signs 10-year ‘Call of Duty’ deal with Nintendo

US tech group tries to address antitrust concerns over acquisition of Activision Blizzard

Some crypto backers are purposely taking a ‘very dangerous path,’ EU regulator says

The European Union has been stepping up rules in this space and has pushed for a global approach.

The Conservatives risk being consumed by Faragism

With its leaders pandering to the right, the party is pushed into ever more incendiary promises it cannot deliver on

Bank of America upgrades SolarEdge on improving outlook, says stock can jump more than 20%

SolarEdge could be in for big gains in the near-term as its outlook improves, Bank of America said Wednesday.

Call of Duty is coming to Nintendo in 10-year deal—but what now for Sony Playstation users?

Microsoft President Brad Smith said the same offer was available to rivals Sony ‘any day it wants to sit down ...

UK watchdog fines 3 traders for ‘market manipulation’ in Italian bond futures

Financial Conduct Authority says trio placed ‘large misleading orders’ they did not intend to execute

Longtime Tesla bear Toni Sacconaghi says more price cuts needed to spur demand

This year’s cuts may not be the last for the electric vehicle maker.

United Airlines CEO says he doesn’t see evidence of a recession: ‘The word wouldn’t be in my vocabulary.’

CEO Scott Kirby also suggested that the shift to hybrid work would help the airline, as it “makes every weekend ...

China’s reopening to reverberate around global markets

Speedy growth could renew commodities and intensify inflationary pressure

5 things to know before the stock market opens Wednesday

Here are the most important news items that investors need to start their trading day.

Goldman Sachs CEO says clients are shifting away from supply chain resiliency to keeping headcount down, but ‘I’m not hearing panic’

Big banks weigh in on inflation, a pending recession, and consumer spending. Read More

A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going

Where 20 leading forecasters foresee home prices going in 2023. Read More

Consumers’ caution around holiday spending is the highest since 2013, CNBC survey shows

An ‘economic malaise’ is dampening holiday spending for American shoppers.

Mortgage demand falls again even as rates sink further

Lower mortgage rates are pulling some current homeowners back to the refinance market, but not enough to offset the drop ...

Wells Fargo names this solar stock a top pick, says its growth is ‘recession proof’

The company’s move to increase microinverting capacity reflects its ability to grow.

Mining magnate Andrew Forrest becomes Australia’s largest renewables player

Billionaire buys country’s biggest wind power company for $2.7bn in bid to lead energy transition

German police arrest 25 people suspected of plotting rightwing coup

Raids carried out on 130 premises across the country, suggesting conspiracy on a huge scale

Nato chief says conditions for peace in Ukraine ‘not there now’

Jens Stoltenberg urges members to keep supplying weapons to Kyiv ahead of expected Russian offensive

FTX held talks with Taylor Swift over $100mn sponsorship deal

Negotiations between singer-songwriter and Sam Bankman-Fried’s crytpo group collapsed this spring

Oil prices fall as China’s weak export data spark economic growth fears

Chinese stocks tumble despite Beijing’s move to ease country’s stringent zero-Covid policies

U.S. pledges to ramp up supplies of natural gas to Britain as Biden and Sunak seek to cut off Russia

Partnership comes at a time of huge disruption within global energy markets following Russia’s invasion of Ukraine.

Rebuilding Ukraine: A potential trillion-dollar opportunity

Companies and governments are apparently already eyeing the potential for major deals. Read More