Lex | Financial Times

Accessibility help Skip to navigation Skip to content Skip to footer

Your guide to a disrupted world

Start a 4-week trial

Tuesday, 28 June, 2022

Nike Inc
Nike/China: consumer market is yet to fully open Premium content
Don’t take the easing of pandemic restrictions as a sign that the country is returning to normality
2 hours ago
Tuesday, 28 June, 2022

UK politics & policy
Criminal barristers’ strike: crime doesn’t pay for advocates Premium content
Righting the scales of justice requires fundamental change to remuneration system
Tuesday, 28 June, 2022

Jupiter Fund Management PLC
Jupiter: continuity candidate could struggle to stem outflows Premium content
Underperformance makes London-listed fund manager vulnerable to a bid
Tuesday, 28 June, 2022

Oil & Gas industry
Russia/energy price cap: complex plan may not be needed Premium content
Tracking the provenance of refined fuel exports could make any such move devilishly hard
Tuesday, 28 June, 2022

Utilities
Japanese power: utility companies struggle to cover rising input costs Premium content
More attention should be paid to continuing disaster-related expenses
Monday, 27 June, 2022

Revlon Inc
Revlon/meme stocks: continued speculation hints that bear market is not over Premium content
Retail traders hoping to have snagged the next Hertz risk being disappointed
Monday, 27 June, 2022

Big tech
Big Tech: bloated overheads mean earnings risk ahead Premium content
Big workforces mean higher fixed costs — a problem when revenue growth falls
Monday, 27 June, 2022

G7
Russia/sanctions: G7 seeks more damage to the war machine, less to its own economies Premium content
Europe has halved its reliance on Russian gas but it is running out of short-term fixes
Monday, 27 June, 2022

London fights for its future
London: global city status is hard to burnish by prescription Premium content
Leading position under threat with finance just one area where UK capital has slipped
Monday, 27 June, 2022

Prosus
Prosus/Tencent: reducing stake further would close valuation gap Premium content
There were plenty of missed opportunities to sell at higher prices last year
Sunday, 26 June, 2022

Trade unions
Labour: the new US trade unionist is young, educated and ethnically diverse Premium content
Unionisation surge partly reflects a labour shortage that has increased collective bargaining power
Saturday, 25 June, 2022

UK employment
Wages: data measurement encourages its weaponisation Premium content
Examining salaries in Britain’s rail industry demonstrates how easily numbers can take diverging tracks
Friday, 24 June, 2022

US banks
US stress tests: good news for dividends, less so for buybacks Premium content
Receiving a passing grade will not necessarily encourage all banks to shower more cash on their shareholders
Friday, 24 June, 2022

Jonathan Guthrie
The Lex Newsletter: Ponzi screen shows other failings in crypto and VC Premium content
Terraform | Amundi | SumUp | Glencore | US oil refiners | Monte dei Paschi | Mars | Euromoney
Friday, 24 June, 2022

Barclays PLC
Barclays/Kensington: ability to value complex mortgage risk gets a premium Premium content
Intense competition in home loans market is incentivising lenders to seek more lucrative niches
Friday, 24 June, 2022

Electric vehicles
China clean energy: electric cars still need coal Premium content
Some may have ignored the long term, underlying risks EV battery producers carry
Thursday, 23 June, 2022

Altria Group Inc
Altria: teen-appeal of menthol vapes means Juul is no longer minted Premium content
Food and Drug Administration ban on sale of company’s e-cigarette products leaves stock looking cheap
Thursday, 23 June, 2022

Equities
Index rejigs: demotion would teach Meta the value of humility Premium content
Facebook parent will join Russell 1000 value index for the first time after being part of its growth index since 2012
Thursday, 23 June, 2022

Venture capital investment
SumUp/FalconX: escalating uprounds will feel the downdraft of recession Premium content
The appetite of investors for risky tech bets has diminished
Thursday, 23 June, 2022

Banca Monte dei Paschi di Siena SpA
Monte dei Paschi: spot the snag with a turnround reliant on low bad loans Premium content
The Italian bank is planning to raise €2.5bn to fund a new strategy
Thursday, 23 June, 2022

Toshiba Corp
Toshiba: weak yen strengthens hand of foreign bidders Premium content
The currency’s plunge against the dollar makes Japanese companies and assets very cheap for overseas buyers
Wednesday, 22 June, 2022

Corporate bonds
Corporate debt: leveraged loan holders pray for a soft landing Premium content
Increased cash flows are of little use if issuers default
Wednesday, 22 June, 2022

Family businesses
Mars: family businesses will weather downturn in better shape Premium content
Candy and pet food group is in its 111th year of business
Wednesday, 22 June, 2022

Frasers Group
Frasers/Mike Ashley: options deal may leave Hugo Boss feeling put out Premium content
The sportswear tycoon enjoys side investments in retailing
Wednesday, 22 June, 2022

Chinese economy
China food inflation: pork is the make or break factor in controlling prices Premium content
It will not be easy for food companies to quickly pass on rising costs to consumers

Recommended

News in-depthCryptocurrencies4 min

Where crypto 'anarchy' will end | Lex Megatrends

Lex in-depth: does Uber deserve its $91bn valuation?

ExplainerClimate change

Carbon counter: measuring individual choices

Sign up to the Lex newsletter, for exclusive insight and analysis