UBS plans $3bn share buyback on stronger than expected results
UBS blew past expectations during the fourth quarter with $770mn in net profit, boosted by a strong performance at its investment bank, and announced $3bn in share buybacks on Tuesday. Quarterly ...
EU open to bending fiscal rules to boost defence spending
Brussels is open to increasing the “flexibility” of the EU’s rules governing national debt and fiscal deficits to allow ...
FTAV Q&A: Anthony Scaramucci
FT Alphaville caught up with Anthony Scaramucci — founder of SkyBridge Capital and Donald Trump’s White House communications director for 10 days in 2017 — on the sidelines of the Digital Assets Forum ...
The high-end care homes taking their cues from hotels and members’ clubs
From Michelin-star chefs, chic interiors and spas to AI pain management, these residences are rethinking care for wealthy ...
UK takes legal advice over pulling out of $20bn Total LNG project in Mozambique
The UK is taking legal advice over whether it can withdraw $1.15bn of taxpayers’ money from TotalEnergies for a controversial $20bn liquefied natural gas project, according to two people with ...
Tax lawyers working ‘flat out’ for non-doms who choose not to leave UK
Lawyers say they are working “flat out” for non-doms who need to restructure their tax affairs because they plan to stay in the UK, despite the abolition of their special status. “The people who are ...
We Do Not Part — Han Kang’s tale of a golden thread of friendship
The Nobel laureate returns with a novel that again explores both human cruelty and our species’ capacity for tenderness ...
Commercial real estate crawls back
US president Donald Trump’s tariffs on Mexico and Canada are paused for now, commercial property investment is starting to recover from a two-year slump, and Eurozone inflation unexpectedly ticked up ...
Citi bucks back-to-office trend and embraces hybrid working
Even so, while it has maintained a hybrid policy, Citi has tightened its workplace policies and stepped up enforcement of attendance minimums. In August 2023, Citi began tracking security pass swipes ...
China, Europe and UK should form climate coalition apart from US, energy expert says
China, the EU and the UK should form a coalition of “the world apart from the US” on climate action after the retreat under President Trump, the chair of an alliance global companies focused on net ...
Cuts to maths are a national miscalculation
I was lucky to be taught the power of mathematics but threats to the subject now endanger the UK’s AI ambitions ...
The ‘global south’ concept fuels unrealistic aspirations
In some countries, it has resulted in misleading policy thinking as well as unrealistic aspirations for bargaining power and strategic autonomy. The international order is being turned upside down.