Their currency, our problem

LVMH and Hermès push up Cac 40 after Richemont’s better than expected sales

UK energy major under pressure from shareholders to turn around its performance

Big tax cuts and tariff hikes will prevent any new Plaza Accord to manage currencies

Basel-based FSB says damage caused by floods, droughts and fires threatens broader pullback in lending

Hotel room wholesaler could be valued at €5bn in first big European listing of the year

The direction of travel remains mostly sideways

Boaz Weinstein’s assault on a historic financial sector reveals an opportunity for other investors

The potential for business seems huge but so are the challenges

Town halls in England and Wales warn that requirement to take ‘principal advice’ from pools could create conflict of interest

Interest from typically conservative schemes has grown following launch of US crypto ETFs

A total of 15 military-themed funds launched in the region in 2024 compared with just one in 2023

The country’s demand for crude seems to be plateauing sooner than expected. The implications are huge

French firm closes $30bn vehicle to buy up unwanted holdings in funds from investors seeking to cash out

Investment bank boss says depth of private capital removes imperative to go public

Ottawa’s energy minister calls trade tensions a ‘distraction’ from China’s rising economic and military power

Stéphane Boujnah says exchange operator is strongly positioned to retain and attract listings

However you cut the data, Saba’s record of creating value from fund activism looks less than convincing

Ali Dibadj warns against ‘complacency’ as US group tries to take over the management of seven UK investment trusts

Easing underlying US inflation and strong bank earnings boost equities