BUSINESS
Oil producers face costly transition as world looks to net-zero future
For producers, a global shift towards cleaner fuels will come with bigger challenges, throwing up questions about which resource rich countries can handle this energy shift better
BUSINESS
Mohamed El-Erian writes: The Federal Reserve is no longer markets’ best friend
The US central bank and markets face tricky pivots to avoid damage from a policy mistake
BUSINESS
Vaccines versus variants: Will the world ever reach herd immunity?
New strains and persistent hesitancy to take jabs are complicating government plans to reopen economies
BUSINESS
Don’t bet against China’s investment-led growth model
China got a grip on the coronavirus earlier than anyone else, and saw a strong rebound which peaked in the first quarter of 2021
BUSINESS
Bitcoin’s growing energy problem: ‘It’s a dirty currency’
Climate activists are agitated that fossil fuels will be burnt to mine crypto, and are pushing regulators to clamp down on this
BUSINESS
How cultish social media accounts fuel trading in penny stocks
An FT investigation found dozens of privately traded shares that showed sudden surges following endorsement on Twitter
BUSINESS
The myths behind the current stock market bubble
Central bank liquidity cannot support elevated valuations indefinitely
BUSINESS
How WarnerMedia and Discovery plan to forge a media behemoth
Deal expected to trigger fresh wave of consolidation in the sector
TRENDS
Foxconn the carmaker? Disruption in the era of electric vehicles
The advent of electric vehicles is creating a much stronger fusion between two of the world’s biggest industries — autos and electronics
TRENDS
The billionaire boom: How the super-rich soaked up COVID cash
The pandemic has only reinforced the rising inequality becoming ever more of a political issue, threatening to provoke popular backlashes against capitalism
BUSINESS
Markets weigh prospect of new commodities supercycle
Prices from corn to copper are rallying as economies reopen, but sceptics think it will be transient
BUSINESS
Is leverage still the best benchmark of credit risk?
As global corporate debt rises, some analysts question the traditional measure of ability to repay
BUSINESS
Global passive assets hit $15 trillion as ETF boom heats up
The ascent of ETFs past their older cousins reflects the speed at which they have reshaped the investment industry
BUSINESS
Fed warns of hidden leverage lurking in financial system
The central bank points to the collapse of Archegos Capital as an example of hidden vulnerabilities
BUSINESS
Lessons in investing from John Maynard Keynes
The most obvious lesson is that failure is a good teacher
BUSINESS
Pfizer/coronavirus: no one-hit wonder
Investors are anxious about how long this vaccine halo can last
BUSINESS
A reckoning for Spacs: Will regulators deflate the boom?
The SEC is concerned about the market for ‘blank-cheque’ companies, including optimistic projections and celebrity endorsements
TRENDS
Commodities supercycle arrives as pandemic recedes globally
Sector-wide bull market gathers momentum
BUSINESS
Margin debt and leverage are flashing red, again
Much of the froth in US markets is being driven by unusual liquidity flows that may reverse soon
BUSINESS
Moderna increases vaccine supply target to 3 billion for next year
The investment boost for vaccine production comes as India grapples with a severe wave of coronavirus fuelled by a new variant
BUSINESS
Bond investing needs a complete rethink
Climate change is strongly influencing where and how money is invested
BUSINESS
‘It was utter chaos’: the inside story of football’s Super League own goal
The project is a breakaway contest that threatened to disrupt the power dynamics of the world’s favourite sport
BUSINESS
ESG rush opens opportunities for betting against the angels
A 2008 paper examined the impact of investor aversion to companies in industries such as tobacco and gambling
BUSINESS
Jack Ma/Ant Group: a disruptor who is no longer good for business
Beijing’s unrelenting displeasure with the man behind Ant justifies a steep haircut to the valuation of $316bn mooted before the listing was suspended
