How BrewDog Left a Bitter Taste for Its ‘Punk’ Army
BrewDog, the UK’s largest independent brewer, is weighing a sale or a break‑up of the business to address mounting financial pressures. The proposal follows a turbulent period marked by rapid expansion, debt accumulation, and a series of high‑profile controversies surrounding its founder. Analysts warn that any transaction could significantly dilute the value of shares held by the company’s “punk” army of retail investors. The outcome remains uncertain, with potential regulatory and market hurdles looming.
Yacht Boom Propels $700mn-Plus Stonepeak Marina Deal
Stonepeak, the U.S. infrastructure fund manager, announced a deal exceeding $700 million to acquire a portfolio of premium marinas amid a surge in yacht ownership. The transaction covers roughly 15 high‑end facilities along the East Coast and Florida, capitalising on record‑high...
Turkey Launches Ramadan Food Price Crackdown as Inflation Anger Intensifies
Turkey’s government has banned chicken exports and launched a nationwide crackdown on "exorbitant" food prices as Ramadan begins. Trade inspectors are sweeping markets for hoarding and misleading practices, with fines up to TL 1.8 million for violations. Food inflation is running at...
Saudi Arabia’s AI Venture Humain Invests $3bn in Elon Musk’s xAI
Investment that deepens ties with billionaire is part of country’s goal to diversify economy
AI Fever Sparks Raspberry Pi Meme Stock Frenzy
A FTSE 250 company that manufactures credit‑card‑sized computers briefly reached a £1 billion market valuation after a wave of retail investors treated its stock as a meme play. The rally was sparked by social‑media hype linking the low‑cost boards to the...
Warrington Council Asks for £354mn From Government to Avoid Bankruptcy
Request for loan follows years of warnings over debt-laden authority’s high-risk investments
Canada’s Oil Industry Pivots to Asia as US Trade Tensions Simmer
Sales to China more than quadrupled last year and Ottawa is now looking to India
US and Iran Kick Off Talks in Geneva
Second round of negotiations comes as Trump threatens ‘consequences’ if Tehran fails to agree deal
Japan’s Largest Toilet Maker Is Undervalued AI Play, Says Activist Investor
Toto should invest more in its sideline in the chip supply chain, Palliser urges
Hapag-Lloyd to Buy Israel’s Zim in $4.2bn Shipping Deal
German group will carve out portion of business to serve trade routes into Israel
Rosebank Industries Vows to Keep London Listing as It Explores $3bn in US Deals
Rosebank Industries, the rebranded successor to Melrose, said it will retain its primary listing on the London Stock Exchange while pursuing a $3 billion acquisition programme in the United States. The firm’s leadership, headed by former Melrose chief Simon Peckham, intends...
NatWest Profits Rise 25% as Bank Strikes Biggest Deal in Decades
NatWest reported a 25% jump in first‑quarter profit, its strongest growth in years. The bank announced the acquisition of Evelyn Partners, one of the UK’s largest wealth‑management firms, in a deal hailed as the biggest in decades. The transaction is...
Iran’s President Says It Will Open Nuclear Sites for ‘Verification’
Pledge comes as Israeli Prime Minister Benjamin Netanyahu meets Donald Trump
US Takes Military Action Against Drone Incursion in Texas
U.S. military forces intervened in a drone incursion over El Paso, Texas, after radar detected a swarm linked to Mexican drug cartels. The FAA temporarily closed the city’s airspace, rerouting commercial flights while a quick‑reaction team neutralized the unmanned aircraft. This...
Europe’s Best Bet for Financial Sovereignty Is a True Safe Asset
The article argues that Europe’s path to genuine financial sovereignty lies in issuing a true safe asset – EU‑wide sovereign bonds. By creating a Europe‑wide benchmark, the bloc can attract long‑term institutional capital and lower financing costs for both governments...
The Italian Billionaire with a Big AI Problem
Andrea Pignataro’s heavily indebted fintech empire has been hit hard by a sell-off of its bonds
How a ‘Zombie’ Company Became a Vital Part of Nvidia’s AI Supply Chain
SK Hynix, once a marginal player, has become a cornerstone of Nvidia’s AI hardware supply chain as global memory shortages tighten. The South Korean chipmaker now provides high‑bandwidth DRAM and HBM for Nvidia’s data‑center GPUs, turning a previously “zombie” status...
Co-Founders of Musk’s xAI Join Exodus From Start-Up’s Tech Team
Jimmy Ba will be the sixth member of the founding team to depart
Mattel Shares Plummet After Toymaker Misses Analyst Targets
Mattel’s stock tumbled more than 25% in after‑hours trading after the company disclosed weaker‑than‑expected U.S. holiday sales. The slowdown forced the toymaker to miss the consensus earnings targets set by analysts. Revenue guidance for the full year was trimmed, reflecting...
Spotify Triples Profits After Raising Prices
Biggest music streaming site adds record 38mn users in December quarter
US Brokerage Shares Slide in Latest Sell-Off Driven by New AI Tool
Schwab and ETrade parent Morgan Stanley among those hit on worries about tax-planning platform
Canadian Pension Giant Halts Deals with DP World over Chief’s Epstein Ties
The Caisse de dépôt et placement du Québec announced it will suspend all pending transactions with Dubai‑based logistics giant DP World after internal reviews uncovered that DP World chairman Sultan Ahmed bin Sulayem exchanged messages with convicted sex offender Jeffrey Epstein....
Daniel Ek and Peter Thiel-Backed Start-Ups Win German Military Drone Contracts
Helsing and Stark contracts to supply unmanned weapons to Bundeswehr worth up to €4.3bn in total
Goldman Sachs CEO Says Trump’s Populist Policies Should Aid Growth
Goldman Sachs CEO David Solomon said President Trump’s populist policies, including trade protectionism and tax cuts, should spur economic growth. He voiced optimism ahead of the upcoming U.S. elections, suggesting the administration’s agenda will benefit corporate earnings. Solomon’s view diverges...
Submit Your Questions: Should CEOs Comment on Politics?
Financial Times invites readers to a live Ask an Expert session with management editor Anjli Raval on Thursday, February 12 at 1 pm GMT. The discussion will focus on whether CEOs should publicly comment on political issues. Participants can submit questions...
Paramount Sweetens Takeover Offer for Warner Bros Discovery
Paramount Global has lifted its bid for Warner Bros. Discovery, increasing the cash component and attaching a quarterly “ticking fee” that pays WBD shareholders an additional amount for each quarter the merger remains unfinished. The revised offer raises the per‑share...