▆ Will expanded access to US federal lands spur oil and gas output?
The Trump administration policy may not be enough to fulfil the president’s ‘drill, baby, drill’ agenda
▆ Ukrainian attacks disrupt Russian petrol supplies and push up prices
Moscow has banned exports following drone strikes on oil refineries
▆ Constitutional debt wrangles — redux
Hitting the history books once again
▆ Tech stocks slip as investors rotate towards defensive sectors
Concerns about durability of AI rally dent sentiment for second day
▆ Everyone suddenly wants to be a telecoms group
The fintechs have picked a good time to get involved
▆ The tech ‘sell-off’
Plus, the homebuilder stock rally, and more on concentration
▆ BlackRock tells investors to put more money into hedge funds
This is the biggest allocation increase to the sector ever recommended by the world’s largest asset manager’s institute
▆ It’s not a default if you never ask for cash — right?
Just asking for a private credit fund friend
▆ For stockpickers, AI is already both co-pilot and competitor
Intuition, judgment and a gift for reading people are some of the hardest skills to mimic
▆ Germany’s borrowing spree plans face a reality check
Investors would be wrong to overstate concerns about a debt surge by the country
▆ Securitisation as the baddie? Europe can flip that script
European Commission proposals include clear improvements such as new punishments on investors who fall short
▆ Gold, gangs and the rise of narco-miners
Historic price rally lures criminals and paramilitaries into illicit mining from the Amazon to Sudan
▆ US oilfield services group expands Russian unit despite new sanctions
Weatherford International along with other companies continue to provide critical equipment to the country
▆ Chinese ‘dim sum’ bond issuance on track for record year
Low interest rates make renminbi an attractive funding currency for multinational companies
▆ Why Trump is really targeting India
Washington is singling out New Delhi in an effort to extract concessions in trade negotiations
▆ The demise of the US bankruptcy lawyer
How financing attorneys became kings in a world of ‘creditor on creditor’ violence
▆ A super-precise forecast — about the future no less
Death, taxes, and MSCI Index rebalances?
▆ UK ready to oversee insolvency of crucial part of Gupta’s Liberty Steel
Government’s Official Receiver files application to appoint ‘special manager’ if business goes into liquidation
▆ US tech stocks hit by concerns over future of AI boom
Warning from OpenAI’s Sam Altman and MIT paper puncture Wall Street’s enthusiasm
▆ North Sea operator calls for overhaul of UK windfall tax as oil prices slide
Ithaca Energy chair says levy not justified with crude prices almost half their 2022 peak
▆ Figma rival Canva valued at $42bn as IPO rumours swirl
One of Australia’s most valuable technology companies kicks off employee share sale
▆ New Zealand dollar slumps on outlook for further rate cuts
Central bank makes quarter-point cut to 3% with further lowering expected as economy stalls
▆ The signal from semiconductors
And from housing starts
▆ Bank rally puts Shawbrook’s IPO ambitions in reach
Those debating the health of London’s capital markets seize on even the smallest listing to validate their thesis — good or bad
▆ Retail investors should stay away from private funds
Individuals should be wary of the Trump administration’s plans to broaden the access to the asset class

Click on any headline to see the full article on the Financial Times website, FT.com.