London’s next reform? Doing away with shareholder rebellions

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Totting up shareholder rebellions is a feature of every UK AGM season. After all, significant dissent is still rare in meetings that, generally, produce overwhelming support for directors and boards. …

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Citigroup and the ‘financial supermarket’ experiment | FT Film

You can enable subtitles (captions) in the video player MIKE MAYO: The merger between Citi and Travellers is one of the worst big bank mergers in history. SUJEET INDAP: Citigroup was the collection of dozens of businesses, and so there had been issues with compliance and risk management. STEPHEN GANDEL: …

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Turkey’s exports of military-linked goods to Russia surge

Turkey’s exports to Russia of goods vital for Moscow’s war machine have soared this year, heightening concerns among the US and its allies that the country is acting as a conduit for sensitive items from their own manufacturers. The growing trade, and the corresponding rise in imports to Turkey of …

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Long-term funds ‘stick’ to D-Street’s hot equity show

Long-term sticky funds, which include the corpus owned by sovereigns, pension managers, global central banks, and majority state-owned foreign entities, continue to put money into Indian equities despite the circumspect approach toward local risk assets by a section of investors based at global financial hubs. The share of such funds …

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Israel PM’s Two-Front War Against Hamas And For His Own Political Survival

Benjamin Netanyahu has largely avoided the limelight while conducting a two-front war. Jerusalem: Inside Israeli defence headquarters, Prime Minister Benjamin Netanyahu monitored the first release of Hamas-held hostages while outside, their families in a Tel Aviv square gathered around Benny Gantz, his leading challenger for the top job. On camera …

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GDP numbers, exit polls to weigh on markets this week, says Aamar Deo

The coming week should be interesting, as significant economic data releases and critical new flows are expected to provide direction to the market, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said. Among the domestic data sets, India’s quarterly GDP figures, monthly auto numbers, and exit …

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Russia Puts Meta Platforms Spokesperson On List Of Wanted People

Russia has listed Meta as a “terrorist and extremist” organisation Moscow: Russia on Sunday put Meta Platforms spokesperson Andy Stone on a wanted list on unspecified charges as the US social media giant — which owns Facebook — is classed as “extremist” by Moscow. Russia has hugely cracked down on …

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