A Reader of the FT

How politicians and passengers gave up on greener air travel A renewed push for economic growth has added to technological challenges and problems with carbon offset schemes

How politicians and passengers gave up on greener air travel-Most politicians take the view that more air travel results in more economic growth, bringing in tourism, creating jobs, and—hopefully—helping them get re-elected. www.ft.com/content/4e8d... @attractamooney.bsky.social @financialtimes.com

…geopolitical risk in Ukraine and the Middle East had supported prices while US trade tariffs had so far had a muted impact on the global economy.

Opec+ steadies crude market with cautious turn as oil glut looms Producer group slows pace of increases as it watches for signs of oversupply

Opec+ steadies crude market with cautious turn as oil glut looms-Tamas Varga, an analyst at PVM, an oil broker, said Opec+ had been able to raise its production this year, partly because…
www.ft.com/content/f87e... Malcolm Moore @financialtimes.com

America’s economy needs expanded deposit insurance We need to support the thousands of community and regional banks that play a critical role in lending to growing businesses

America’s economy needs expanded deposit insurance-Our community and regional bank sectors are burning at the edges. Expanded deposit insurance is the firewall we need. www.ft.com/content/526f... Sheila Bair @financialtimes.com

Argentina’s wily currency traders drain Javier Milei’s dollars Labyrinthine restrictions and chronic instability spawn strategies to profit from foreign exchange policies

Argentina’s wily currency traders drain Javier Milei’s dollars-Dollar demand typically increases in Argentina ahead of elections, as individuals and businesses hedge against political risk. www.ft.com/content/0425... Ciara Nugent @financialtimes.com

…by the European Commission, the regulation of several areas of EU financial markets is likely to be transferred from national authorities to Esma. @paolatamma.bsky.social

EU watchdog prepares to expand oversight of crypto and exchanges Esma chair says move would help boost bloc’s capital markets by removing supervision from 27 separate authorities

EU watchdog prepares to expand oversight of crypto and exchanges-Verena Ross, chair of the European Securities and Markets Authority, told the Financial Times that under plans being drawn up…
www.ft.com/content/36bd... Martin Arnold @financialtimes.com

…to “scale our platform overall” was one of his top priorities, along with navigating rising geopolitical complexity and disruptive technology such as AI. Chris Johnston

European private equity pioneer Conni Jonsson to step down after three decades Founder of Sweden’s EQT Partners set to hand over chair to Asia chief Jean Eric Salata in May

European private equity pioneer Conni Jonsson to step down after three decades-with Asia chief Jean Eric Salata nominated as his replacement…Salata said that continuing… www.ft.com/content/a12f... @alexandraheal.bsky.social @financialtimes.com

…would propel Fifth Third to become the ninth-largest US bank by assets, controlling about $288bn. Joshua Franklin

US regional bank Fifth Third strikes $11bn deal to buy Comerica Combined group will become ninth-biggest lender in America with $288bn in assets

US regional bank Fifth Third strikes $11bn deal to buy Comerica-the latest example of regional banks combining in an effort to compete with larger rivals. If approved by regulators, the deal…
www.ft.com/content/8137... @mroliverbarnes.bsky.social @financialtimes.com

…Sabadell’s fierce opposition and BBVA’s willingness to stake its credibility on the nearly 18-month long pursuit of the deal.

Dirty tricks claims by BBVA mar end of Spanish banking’s takeover battle Lender files complaint with market regulator alleging Sabadell staff are obstructing voting

Dirty tricks claims by BBVA mar end of Spanish banking’s takeover battle-The accusations come at the end of Spain’s most contentious takeover battle in years, marked by…
www.ft.com/content/9c9f... @barneyjopson.bsky.social @financialtimes.com

…smaller buffers to insulate themselves. Inflated costs since then have made it harder to turn a profit. Owen Walker

Asia’s budget airlines struggle for profitability as costs rise Series of setbacks hit carriers operating on wafer-thin margins

Asia’s budget airlines struggle for profitability as costs rise—
Asian carriers operate on much thinner margins than their global peers so, when flights around the world were grounded five years ago, they had… www.ft.com/content/27fa... Chan Ho–Him @financialtimes.com

…with more than 146mn customers — seeks to protect its position amid a growing challenge from competitors T-Mobile and AT&T.

Verizon appoints former PayPal boss Dan Schulman as new chief CEO and chair Hans Vestberg steps down with immediate effect as US telecoms group splits roles

Verizon appoints former PayPal boss Dan Schulman as new chief—The boardroom shake-up comes as Verizon — the US’s largest mobile operator… www.ft.com/content/2250... @kieranjsmith.bsky.social @financialtimes.com

…that some footnotes and references it contained were incorrect, Australia’s Department of Employment and Workplace Relations said on Monday.

Deloitte issues refund for error-ridden Australian government report that used AI Big Four firm will repay final instalment after incorrect references and citations found in document

Deloitte issues refund for error-ridden Australian government report that used AI—The Big Four accountancy and consultancy firm will repay the final instalment of its government contract after conceding… www.ft.com/content/934c... Ellesheva Kissin @financialtimes.com

…amid Europe’s response to US President Donald Trump’s call to raise defence spending.

Nato spending growth lifts small French defence firms Investors bet on rising sales of products ranging from drones to night-vision goggles

Nato spending growth lifts small French defence firms—
The Banque de France has identified the defence sector as one of the few drivers of business investment in the stagnant French economy… www.ft.com/content/d9ee... @iancjohnston.bsky.social @financialtimes.com

…to healthcare clients as it attempts to apply AI to complex, highly regulated industries. @mroliverbarnes.bsky.social

Software group Qualtrics to buy health-tech company Press Ganey Forsta for $6.7bn Deal is latest in busy stretch for private equity-backed software and healthcare-focused technology businesses

Software group Qualtrics to buy health-tech company Press Ganey Forsta for $6.7bn—The deal, first reported by the Financial Times on Monday, will help to extend Qualtrics’ artificial intelligence technologies… www.ft.com/content/44c9... @antoinegara.bsky.social @financialtimes.com

…such as Bain Capital are instead limiting growth. @jamie-john.ft.com

Bain Capital says buyout firms must be more cautious as growth slows US private equity group bucks industry trend of missed fundraising targets with conservative strategy

Bain Capital says buyout firms must be more cautious as growth slows—While many private capital groups aim to raise as much money as possible, some of the older privately held buyout firms… www.ft.com/content/9480... @antoinegara.bsky.social @financialtimes.com

Carlyle nears €7bn deal for BASF unit Potential sale of coatings business to US investment group would be one of Germany’s largest transactions this year

Carlyle nears €7bn deal for BASF unit—European chemicals businesses have broadly struggled and are in a prolonged industry downturn, due to overcapacity, weaker than expected demand, and tough competition from Chinese rivals. www.ft.com/content/3264... @ivanlevingston.bsky.social @financialtimes.com

…According to Fondbolagens förening, the local fund management association, fund investment is more popular in Sweden than anywhere else in the world, with eight in 10 Swedes invested in funds.

What Sweden can teach the world about stock market success AstraZeneca’s humbling blow to London highlights need for change in UK and elsewhere in Europe

What Sweden can teach the world about stock market success—Over a period of 50 years, a succession of tax policies, pensions launches and investment product innovations has spurred a vibrant equity culture in the country… www.ft.com/content/5114... Patrick Jenkins @financialtimes.com

Bari Weiss becomes CBS News editor-in-chief as Paramount buys her start-up Acquisition of The Free Press is first major deal since David Ellison’s Skydance took control of media group

Bari Weiss becomes CBS News editor-in-chief as Paramount buys her start-up—Americans’ trust in the news media fell to 28 per cent last week — its lowest level since Gallup began polling in the 1970s. www.ft.com/content/0d97... @annanicolaou.bsky.social @financialtimes.com

…will expand fiscal spending and maintain pressure on the Bank of Japan to keep interest rates low. @urbandirt.bsky.social