Economy news

• UN climate summit remains split on money, fossil fuels and gender

  21-11-2024 08:37 via ft.com
  
  Negotiators at COP29 ‘unimpressed’ as latest draft agreements show wide gaps
  
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• China’s solar stranglehold and Taiwan’s AI aims

  21-11-2024 08:33 via ft.com
  
  The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
  
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• UK inflation creeps back

  21-11-2024 06:00 via ft.com
  
  October’s sharp acceleration cements expectation that Bank of England will delay rate cuts
  
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• The risks of being too gloomy on Trump tariff plans

  21-11-2024 06:00 via ft.com
  
  Overly pessimistic warnings of economic shocks could weaken crucial support for globalisation
  
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• Apple proposes Indonesian factory in bid to reverse iPhone 16 ban

  21-11-2024 05:00 via ft.com
  
  Investment of $100mn in key market would help meet requirement for 40% local content in smartphones
  
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• FirstFT: Gautam Adani indicted in the US

  20-11-2024 23:26 via ft.com
  
  Also in today’s newsletter, Hong Kong media tycoon Jimmy Lai denies foreign collusion, and Ukraine fires British Storm Shadow missiles into Russia
  
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• The push for climate taxes gets real in Baku

  20-11-2024 17:41 via ft.com
  
  Airlines say fossil fuel companies should be targeted first
  
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• Eurozone wages rise by 5.4% in third quarter

  20-11-2024 14:32 via ft.com
  
  ECB forecasts growth in negotiated salary deals to slow after biggest increase since 1990s
  
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• Joe Biden loses to Xi Jinping in battle for Latin America

  20-11-2024 13:15 via ft.com
  US leader’s farewell trip to Brazil and Peru epitomises Washington’s waning influence
  
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• How to fight the silent debt crisis engulfing the global south

  20-11-2024 13:01 via ft.com
  
  Multilateral institutions must help these countries find the money to stave off climate change
  
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• How Britain squandered the best hand in the world

  20-11-2024 12:45 via ft.com
  Having had three friends in high places — the US, the EU and China — the UK contemplates life with none
  
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• FirstFT: Apollo’s Marc Rowan top contender for Treasury job

  20-11-2024 12:23 via ft.com
  Also in today’s newsletter, SpaceX fails to catch Starship, as well as machine learning and robots
  
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• ECB warns low growth and high debt risk Eurozone crisis

  20-11-2024 11:57 via ft.com
  Central bank report sounds alarm on potential concerns over ‘sovereign debt sustainability’
  
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• Low growth and high debt risk Eurozone crisis, ECB warns

  20-11-2024 10:12 via ft.com
  
  Central bank’s financial stability review sounds alarm on potential concerns over ‘sovereign debt sustainability’
  
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• UK inflation accelerates sharply to 2.3% in October

  20-11-2024 08:01 via ft.com
  
  Figure exceeded expectations, driven up by rising energy prices
  
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• FirstFT: Arab states look to Riyadh as bridge to Trump

  20-11-2024 06:31 via ft.com
  
  Also in today’s newsletter, Ukraine uses US-made missiles and Chinese ship probed in Baltic cable incident
  
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• China’s economy braces for Trump

  20-11-2024 06:00 via ft.com
  
  Will Beijing’s latest plans to fix the country’s economy be enough to keep up with President Xi Jinping’s long-term plans for growth?
  
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• Best books of 2024: Economics

  20-11-2024 06:00 via ft.com
  
  Martin Wolf selects his must-read titles
  
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• FirstFT: Chinese ship spotted where Baltic Sea cables were cut

  19-11-2024 22:58 via ft.com
  Also in today’s newsletter, Keir Starmer refuses to condemn Hong Kong crackdown, and Ukraine strikes Russia with US-made long-range missiles
  
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• Trump picks Howard Lutnick to run commerce department

  19-11-2024 21:11 via ft.com
  
  Cantor Fitzgerald boss to also have ‘direct responsibility’ for the office of the US trade representative
  
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• Why Trump’s trade war will cause chaos

  19-11-2024 18:04 via ft.com
  
  Tariffs, especially on one country, will lead to an unholy economic and political mess
  
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• Warning retail job cuts ‘inevitable’ after Budget

  19-11-2024 17:50 via bbc.com
  
  Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.
  
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• BoE must take ‘gradual approach’ to rate cuts after Budget, Bailey says

  19-11-2024 17:05 via ft.com
  
  Bank governor tells MPs it will take time to assess the impact of national insurance rise
  
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• Tariffs and taxes are not very inflationary

  19-11-2024 13:30 via ft.com
  
  Households will pay, but probably not through much higher prices
  
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• FirstFT: Chinese tech groups expand AI teams in Silicon Valley

  19-11-2024 12:36 via ft.com
  
  Also in today’s newsletter, ‘hybrid warfare’ in the Baltic Sea and the battle to be the next US Treasury secretary
  
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• ECB must commit to faster rate cuts, says Bank of Italy governor

  19-11-2024 12:29 via ft.com
  
  Fabio Panetta sees risk of inflation falling ‘well below’ central bank’s 2% target amid stagnant demand
  
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• London hospitality seeing bounce back - report

  19-11-2024 07:09 via bbc.com
  
  The report finds that while pubs and bars are making a comeback, nightclubs remain in decline.
  
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• EU and Mercosur miss a trick at Rio summit devoid of trade talks

  19-11-2024 07:00 via ft.com
  Also in this newsletter: Italy’s controversial law on surrogacy enters into force
  
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• FirstFT: Chinese tech groups grow AI teams in Silicon Valley

  19-11-2024 06:34 via ft.com
  
  Also in today’s newsletter, G20 weakens Ukraine support and Baltic cable cut
  
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• China scrambles to connect with potential Trump officials

  19-11-2024 06:01 via ft.com
  
  Hawkish stance of Republican president-elect leaves Beijing at a disadvantage with incoming administration
  
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• China rushes to connect with potential Trump officials

  19-11-2024 06:01 via ft.com
  
  Hawkish stance of US president-elect leaves Beijing at a disadvantage with incoming administration
  
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• EU to demand technology transfers from Chinese companies

  19-11-2024 06:00 via ft.com
  
  New requirements will apply to batteries but could be expanded to other green sectors
  
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• Trump and Xi Jinping’s ‘loving’ relationship has soured - can they rebuild it?

  19-11-2024 04:35 via bbc.com
  
  What their dynamic means for the future of US-China relations
  
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• UK ‘exposed’ in event of global trade war, warns business secretary

  18-11-2024 23:02 via ft.com
  
  PM Keir Starmer maintains Britain could maintain ties with both US and EU in potential transatlantic tariff dispute
  
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• Welfare state at risk unless Europe halts decline in growth, says Lagarde

  18-11-2024 19:31 via ft.com
  
  ECB president also warns of heightened global trade tensions as ‘rival blocs’ form
  
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• Trump tariffs would hurt US defence sector, warns Beijing adviser

  18-11-2024 16:25 via ft.com
  
  Chinese government-affiliated expert says America would bear brunt of trade measures promised by president-elect
  
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• Where Trump will go with his plans on trade

  18-11-2024 13:31 via ft.com
  
  It’s much easier to use unilateral tariffs than pass legislation or agree preferential trade deals
  
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• Trump’s trade plans, ranked from easiest to hardest to execute

  18-11-2024 13:31 via ft.com
  
  It’s much easier to use unilateral tariffs than pass legislation or agree preferential trade deals
  
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• FirstFT: Russia reacts to the US’s ‘new turn of escalation’

  18-11-2024 11:53 via ft.com
  
  Also in today’s newsletter, ECB report on bank capital requirements and G20 summit begins in Brazil
  
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• FirstFT: Biden authorises Ukraine to strike Russia with long-range US missiles

  18-11-2024 07:14 via ft.com
  
  Also in today’s newsletter, ECB report on bank capital requirements and G20 summit begins in Brazil
  
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• Why the G20 is a harbinger of the EU’s brave new diplomatic world

  18-11-2024 07:00 via ft.com
  
  Also in this newsletter: Austria hits back after Russia cuts off last gas supplies
  
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• Would Trump’s tariffs really be that bad? With Kimberly Clausing

  18-11-2024 06:00 via ft.com
  
  Assessing the arguments for protectionism
  
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• If China’s statistics can’t be scrutinised, doubts about the economy will only grow

  18-11-2024 06:00 via ft.com
  
  One misleading figure may need to be followed by others, setting the scene for a cycle of misinformation
  
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• European plastics makers shut plants as production declines sharply

  18-11-2024 06:00 via ft.com
  Industry is latest manufacturing sector on the continent to shrink despite global growth
  
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• Trump expands search for Treasury secretary

  18-11-2024 05:37 via ft.com
  
  President-elect’s key economic appointment has kicked off a fierce lobbying effort among his loyalists
  
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• Will Vietnam be in Trump’s trade crosshairs?

  18-11-2024 02:54 via ft.com
  
  Hanoi could become a victim of its own success after building up a huge trade surplus with the US
  
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• Will ‘China plus one’ put Vietnam in Trump’s trade crosshairs?

  18-11-2024 02:54 via ft.com
  
  Hanoi could become a victim of its own success after building up a huge trade surplus with the US
  
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• Why Vietnam risks ending up a big loser from Trump’s tariffs

  18-11-2024 02:54 via ft.com
  
  Hanoi could become a victim of its own success after building up a huge trade surplus with the US
  
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• UK’s Starmer to hold talks with China’s Xi

  17-11-2024 23:00 via ft.com
  
  Prime minister intent on strengthening relations with Beijing despite tensions over security and human rights
  
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• Keir Starmer to hold talks with Xi Jinping

  17-11-2024 23:00 via ft.com
  
  UK leader intent on strengthening relations with China despite tensions over security and human rights
  
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