www.ft.com Open in urlscan Pro
151.101.2.209  Public Scan

URL: https://www.ft.com/?emailId=e335a98f-9853-4913-96ef-35b0daf3237c&segmentId=22011ee7-896a-8c4c-22a0-7603348b7f22
Submission: On August 24 via api from IN — Scanned from DE

Form analysis 3 forms found in the DOM

/search

<form class="o-header__search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true" data-n-topic-search-categories="concepts,equities" data-n-topic-search-view-all="true"><label class="o-header__visually-hidden"
    for="o-header-search-term-primary">Search the <abbr title="Financial Times">FT</abbr></label><input type="text" class="o-header__search-term" id="o-header-search-term-primary" name="q" autocomplete="off" autocorrect="off" autocapitalize="off"
    spellcheck="false" data-trackable="search-term" placeholder="Search the FT" data-n-topic-search-input="true">
  <div>
    <div>
      <div aria-live="assertive">
        <div class="n-topic-search n-topic-search__suggestions" hidden="" data-trackable="typeahead">
          <div class="o-normalise-visually-hidden">Suggestions include</div>
          <div class="n-topic-search__group undefined" data-trackable="news">
            <div class="n-topic-search__heading">News</div>
          </div>
          <div class="n-topic-search__group undefined" data-trackable="equities">
            <div class="n-topic-search__heading">Securities</div>
            <ul class="n-topic-search__item-list">
              <li class="n-topic-search__item">
                <a class="n-topic-search__target n-topic-search__target--tail" href="https://markets.ft.com/data/search?query=undefined" data-trackable="see-all" "="" tabindex="0"><span>See all quotes matching <mark>undefined</mark></span></a>
              </li>
            </ul>
          </div>
        </div>
      </div>
    </div>
  </div><button class="o-header__search-submit" type="submit" data-trackable="search-submit">Search</button><button class="o-header__search-close o--if-js" type="button" aria-controls="o-header-search-primary" title="Close search bar"
    data-trackable="close" data-o-toggle--js="true" aria-expanded="false"><span class="o-header__visually-hidden">Close search bar</span></button>
</form>

/search

<form class="o-header__search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true" data-n-topic-search-categories="concepts,equities" data-n-topic-search-view-all="true"><label class="o-header__visually-hidden"
    for="o-header-search-term-sticky">Search the <abbr title="Financial Times">FT</abbr></label><input type="text" class="o-header__search-term" id="o-header-search-term-sticky" name="q" autocomplete="off" autocorrect="off" autocapitalize="off"
    spellcheck="false" data-trackable="search-term" placeholder="Search the FT" data-n-topic-search-input="true">
  <div>
    <div>
      <div aria-live="assertive">
        <div class="n-topic-search n-topic-search__suggestions" hidden="" data-trackable="typeahead">
          <div class="o-normalise-visually-hidden">Suggestions include</div>
          <div class="n-topic-search__group undefined" data-trackable="news">
            <div class="n-topic-search__heading">News</div>
          </div>
          <div class="n-topic-search__group undefined" data-trackable="equities">
            <div class="n-topic-search__heading">Securities</div>
            <ul class="n-topic-search__item-list">
              <li class="n-topic-search__item">
                <a class="n-topic-search__target n-topic-search__target--tail" href="https://markets.ft.com/data/search?query=undefined" data-trackable="see-all" "="" tabindex="0"><span>See all quotes matching <mark>undefined</mark></span></a>
              </li>
            </ul>
          </div>
        </div>
      </div>
    </div>
  </div><button class="o-header__search-submit" type="submit" data-trackable="search-submit">Search</button><button class="o-header__search-close o--if-js" type="button" aria-controls="o-header-search-sticky" title="Close search bar"
    data-trackable="close" data-o-toggle--js="true" aria-expanded="false"><span class="o-header__visually-hidden">Close search bar</span></button>
</form>

/search

<form class="o-header__drawer-search-form" action="/search" role="search" aria-label="Site search" data-n-topic-search="true" data-n-topic-search-categories="concepts,equities" data-n-topic-search-view-all="true"><label
    class="o-header__visually-hidden" for="o-header-drawer-search-term">Search the <abbr title="Financial Times">FT</abbr></label><input type="text" class="o-header__drawer-search-term" id="o-header-drawer-search-term" name="q" autocomplete="off"
    autocorrect="off" autocapitalize="off" spellcheck="false" placeholder="Search the FT" data-trackable="search-term" data-n-topic-search-input="true" tabindex="-1">
  <div>
    <div>
      <div aria-live="assertive">
        <div class="n-topic-search n-topic-search__suggestions" hidden="" data-trackable="typeahead">
          <div class="o-normalise-visually-hidden">Suggestions include</div>
          <div class="n-topic-search__group undefined" data-trackable="news">
            <div class="n-topic-search__heading">News</div>
          </div>
          <div class="n-topic-search__group undefined" data-trackable="equities">
            <div class="n-topic-search__heading">Securities</div>
            <ul class="n-topic-search__item-list">
              <li class="n-topic-search__item">
                <a class="n-topic-search__target n-topic-search__target--tail" href="https://markets.ft.com/data/search?query=undefined" data-trackable="see-all" "="" tabindex="-1"><span>See all quotes matching <mark>undefined</mark></span></a>
              </li>
            </ul>
          </div>
        </div>
      </div>
    </div>
  </div><button class="o-header__drawer-search-submit" type="submit" data-trackable="search-submit" tabindex="-1"><span class="o-header__visually-hidden">Search</span></button>
</form>

Text Content

Accessibility helpSkip to navigationSkip to contentSkip to footer
 * S&P 500+1.10%
 * Shanghai+0.47%
 * FTSE 100+0.68%
 * Euro/Dollar+0.05%
 * Brent Crude Oil Minus −0.29%
 * 10 Year US Gov Minus −3.32%

Visit Markets Data



COOKIES ON FT SITES

We use cookies and other data for a number of reasons, such as keeping FT Sites
reliable and secure, personalising content and ads, providing social media
features and to analyse how our Sites are used.

Accept cookies
Manage cookies
 * Sign In
 * Subscribe

Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
Search the FT
Suggestions include
News
Securities
 * See all quotes matching undefined

SearchClose search bar
 * Home
 * Markets Data

 * Home
 * World
   Sections
    * World Home
    * Global Economy
    * UK
    * US
    * China
    * Africa
    * Asia Pacific
    * Emerging Markets
    * Europe
    * War in Ukraine
    * Americas
    * Middle East & North Africa
    * Australia & NZ
   
   Most Read
    * Yevgeny Prigozhin in fatal plane crash, Russian officials say
    * Russia offers to swap frozen assets with the west
    * Russia fires ‘General Armageddon’ in Wagner crackdown
    * Indian spacecraft makes historic landing at Moon’s South Pole
    * ‘Higher-for-longer’ rate debate to dominate Jackson Hole meeting

 * US
   Sections
    * US Home
    * US Economy
    * US Companies
    * US Politics & Policy
   
   Most Read
   
 * Companies
   Sections
    * Companies Home
    * Energy
    * Financials
    * Health
    * Industrials
    * Media
    * Professional Services
    * Retail & Consumer
    * Tech Sector
    * Telecoms
    * Transport
   
   Most Read
    * Private equity firms hand over distressed companies to rivals
    * Apollo sued over $570mn tax payout to top executives
    * Donald Trump’s Republican party debate no-show deepens rift with Fox News
    * Saudi Arabia consulting boom bolsters PwC’s UK partner pay
    * BlackRock’s support for climate and social resolutions falls sharply

 * Tech
 * Markets
   Sections
    * Markets Home
    * Alphaville
    * Markets Data
    * Cryptofinance
    * Capital Markets
    * Commodities
    * Currencies
    * Equities
    * Fund Management
    * Trading
    * Moral Money
    * ETF Hub
   
   Most Read
    * Private equity firms hand over distressed companies to rivals
    * News updates from August 23: Plane carrying Prigozhin crashes, Nvidia
      beats Wall Street estimates
    * Global stocks head for worst month in nearly a year
    * Brics: the mighty dollar is secure for now
    * BlackRock’s support for climate and social resolutions falls sharply

 * Climate
 * Opinion
   Sections
    * Opinion Home
    * Columnists
    * The FT View
    * Lex
    * Obituaries
    * Letters
   
   Most Read
    * The real problem of Rubbish Rishi
    * New bacterial ‘dark matter’ offers hope for a drug-resistant world
    * New York and New Jersey have opened a new front in their eternal war
    * Resentment makes the world go round
    * The minimum wage has passed the high inflation test

 * Work & Careers
   Sections
    * Work & Careers Home
    * Business School Rankings
    * Business Education
    * Entrepreneurship
    * Recruitment
    * Business Books
    * Business Travel
   
   Most Read
    * The hell of other people in the office
    * How do I switch from a desk job to hands-on work?
    * Is a degree worth it?
    * Booking.com’s Glenn Fogel: ‘Every day we have to fight for customers’

 * Life & Arts
   Sections
    * Life & Arts Home
    * Arts
    * Books
    * Food & Drink
    * FT Magazine
    * House & Home
    * Style
    * Travel
    * FT Globetrotter
   
   Most Read
    * The delusions that put Putin on the path to war
    * I went on a £30,000 fishing trip — and didn’t get a bite
    * ‘Modestly beautiful’ Rutland hit by rising interest rates
    * Jane Austen’s wardrobe proves she was no country mouse
    * Ice drifting with the real Michelin man

 * HTSI

MenuSearch
 * Home
 * World
 * US
 * Companies
 * Tech
 * Markets
 * Climate
 * Opinion
 * Work & Careers
 * Life & Arts
 * HTSI

Financial Times
SubscribeSign In
Search the FT
Suggestions include
News
Securities
 * See all quotes matching undefined

SearchClose search bar


FINANCIAL TIMES HOME

Make sense of it all Choose an FT plan that suits you best. Pay annually and
save 20%.

See our plans

Yevgeny Prigozhin
Prigozhin in fatal plane crash, Russian officials say

Ten die on flight from Moscow to St Petersburg, according to emergency ministry




Obituary. Yevgeny Prigozhin, Wagner warlord, 1961 — 2023


‘A signal for the whole elite’: the demise of Yevgeny Prigozhin


Explainer. Russian insurrection: Prigozhin’s failed mutiny and the fallout


Yevgeny Prigozhin
FT coverage of Yevgeny Prigozhin’s empire

After downing of the Russian warlord’s plane, a look back at his rise and fall



Lunch with the FT. Bellingcat’s Christo Grozev: ‘Prigozhin will either be dead
or there will be a second coup’





TOP STORIES

FT live news
Woodside’s negotiations avert strikes by Australia’s offshore gas workers
Live

markets content. Markets Briefing. US stocks rise and bond yields fall ahead of
Jackson Hole conference


Republican debate
Republican candidates split over Trump, abortion and Ukraine at debate

GOP divisions laid bare as former US president skips event in favour of social
media interview

updated 24 minutes ago

Trump’s Republican debate no-show deepens rift with Fox News


Nvidia
Nvidia’s AI boom exceeds Wall Street’s lofty expectations

Revenue more than doubles amid soaring demand for chips needed to train latest
artificial intelligence models



FT Alphaville. Find someone who loves you like hedge funds love Nvidia


Rudy Giuliani
Rudy Giuliani surrenders to Georgia authorities in 2020 election case

Donald Trump’s lawyer was among a number of individuals charged alongside the
former US president







SPOTLIGHT

Chinese economy
The local government debt that threatens China’s economy

How the country’s regional authorities accumulated a mountain of borrowings —
and how they hope to resolve it

3 hours ago

Fukushima nuclear accident
Explainer. How risky is Japan’s release of radioactive water from Fukushima?

Planned discharge from stricken nuclear plant has sparked international
controversy, but most experts say it is safe





NEWS

Taiwan
US agrees to sell military aircraft tracking system to Taiwan

Planned deal would help Taipei resist ongoing ‘grey zone’ pressure from China

new 23 minutes ago

Banks
Banks agree near $500mn settlement in stock-lending lawsuit

Goldman Sachs, Morgan Stanley, JPMorgan and UBS resolve long-running antitrust
allegations from pension funds

4 hours ago

CNN News Group
Ex-BBC and New York Times boss Thompson in talks to run CNN

Cable network has been searching for new head since Chris Licht’s ousting in
June





MOST READ

 1. Prigozhin in fatal plane crash, Russian officials say
 2. Private equity firms hand over distressed companies to rivals
 3. Russia offers to swap frozen assets with the west
 4. Trump’s Republican debate no-show deepens rift with Fox News
 5. Russia fires ‘General Armageddon’ in Wagner crackdown

Apollo Global Management LLC
Apollo sued over $570mn tax payout to top executives

Pension fund says windfall for private equity titans is unjustified



Apollo calls off Yellow bankruptcy manoeuvres with $500mn loan sale


India
Indian spacecraft makes historic landing at Moon’s South Pole

Chandrayaan-3 mission gives Narendra Modi a geopolitical boost after Russian
crash



Qatar sovereign wealth fund to invest $1bn in India’s Reliance Retail Ventures


BlackRock Inc
BlackRock’s support for climate and social resolutions falls sharply

Asset manager blames proposals that are ‘overreaching’ or ‘simply redundant’



US regulators impose tougher disclosure rules on private funds


Singapore
Singapore seeks documents from banks in money laundering probe

Authorities widen $737mn investigation that has cast scrutiny on financial hub’s
embrace of foreign wealth



Moral Money. How corporate scandals get swept under the rug


Special purpose acquisition companies
US mortgage lender Better to go public after ‘arduous’ two years

Chief executive made headlines after firing 900 workers over Zoom



opinion content. Lex. Better: over hyped Spac deal has shaky foundations


Spanish politics
Spain’s opposition to have first shot at forming government

People’s party attempt to take office in late September is expected to fail and
pass initiative to PM Sánchez



Drugs research
Roche inadvertently publishes positive results from lung cancer drug study

Shares in Swiss pharma group rally after analyst discovers data on immunotherapy
medicine on website



Climate legislation
EU’s new Green Deal chief to reach out to industry and voters

Maroš Šefčovič has promised ‘intensive’ talks amid a growing backlash against
bloc’s climate agenda






OPINION

opinion content. What the great EU patent fight means for global competition

The question of how to keep up with China — as well as billions of dollars — is
now at stake

Brooke Masters

opinion content. New bacterial ‘dark matter’ offers hope for a drug-resistant
world

As the antibiotic pipeline empties, a fresh approach to studying bacteria has
emerged

Anjana Ahuja

opinion content. It’s far too early to declare the end of inflation
Chris Giles

opinion content. The Niger coup’s lessons for the US and France
Sylvie Kauffmann

opinion content. Resentment makes the world go round
Janan Ganesh

opinion content. Markets Insight. The risk of an augmented doom loop for Europe
Ludovic Subran

opinion content. Inside Business. Prosecutor-turned-president looms over South
Korean business
Christian Davies

opinion content. The west must stop playing the ‘Great Game’ in Afghanistan once
and for all
Mark Malloch Brown



MORE OPINION

 * The FT View
 * Lex
 * Unhedged
 * Markets Insight
 * Inside Business


EUROPE NEWS

Falling eurozone business activity raises doubts over ECB’s next move

Economists and investors increasingly think central bank will hold interest
rates in September




Putin says Russian city of Kazan will host Brics summit in 2024


BASF signs long-term LNG deal with Cheniere of the US


Wildfires in northeastern Greece claim 18 lives


EU climate commissioner resigns to run in Dutch elections


Axel Springer settles lawsuit against former Bild editor


Poland fills prisons with white-collar crime suspects




MORE EUROPE NEWS

 * European economy
 * European Union
 * EU foreign policy
 * European companies
 * European equities

Disrupted TimesSign up for our newsletter



PODCASTS

Behind the Money. Did Binance miss its chance to rule crypto?
18 min listen
FT News Briefing. All eyes on Jackson Hole
9 min listen
Unhedged podcast. Hot new bad idea
13 min listen
Working It. Why we’re so f***ing angry at work – and how to stop
14 min listen


LIFE & ARTS

 * Arts
 * Books
 * Food & Drink
 * FT Magazine
 * Style
 * House & Home
 * Travel
 * FT Globetrotter
 * HTSI

Travel
I went on a £30,000 fishing trip — and didn’t get a bite
History books
FT Books Essay. The delusions that put Putin on the path to war

Food & Drink
FT Magazine. Summer fish pie with a kataifi crust — a Ravinder Bhogal recipe
Fashion
Rabanne joins Gen Z beauty race with cosmic cosmetics collection
Cars, bikes, planes and boats
HTSI. Ice drifting with the real Michelin man


VIDEO

play video content. 

Sport10 min
video content. Business of Football: Inside Barcelona Femeni | FT Scoreboard

play video content. 

War in Ukraine27 min
video content. Ukraine tech sector goes to war | FT Film

play video content. 

Hedge funds23 min
video content. Crispin Odey: the fall of a hedge fund maverick | FT Film

play video content. 

Indian business & finance23 min
video content. Gautam Adani: the billionaire vs the short seller



HIGHLIGHTS

The Big Read. China’s blueprint for an alternative world order

Beijing is using its economic muscle to rally developing countries and reduce
the west’s influence over the UN




Explainer. Will the rest of the world feel China’s deflation pain?


How Trump’s criminal charges are defining his White House race


Hollywood calls time on golden era of cheap streaming


Labour rows back on workers’ rights to blunt Tory ‘anti-business’ claims


Argentina struggles to avoid economic collapse after shock primary win


Saudi Arabia and UAE race to buy Nvidia chips to power AI ambitions




MORE HIGHLIGHTS

 * Moral Money
 * Due Diligence
 * Cryptocurrencies
 * Special Reports
 * Climate Capital

Moral MoneySign up for our newsletter



MARKETS NEWS

Global stocks head for worst month in nearly a year

After strong first half to the year, markets are hit by concerns over interest
rates and China




Pension funds shake off crypto worries with backing for broker Hidden Road


FT Trading Room. Europe poised for arrival of ‘zero-day’ options


Private equity firms hand over distressed companies to rivals


SoftBank’s Arm unveils plans for biggest US IPO in nearly 2 years


Crypto has ‘amplified financial risks’ in emerging markets, central banks warn


Woodside chief calls European gas price spike ‘irrational’




MORE MARKETS NEWS

 * Alphaville
 * Markets Data
 * Capital Markets
 * Commodities
 * Currencies
 * Equities
 * Fund Management
 * FT Trading Room
 * Moral Money
 * ETF Hub


TECHNOLOGY

Brain implants give a voice to people who cannot speak

Scientists use electrodes and AI programs to turn thoughts into speech via a
lifelike avatar




opinion content. Lex. The Lex Newsletter: AI translation may supersede AI-aided
language learning
Pan Kwan Yuk

Supply chain shortages delay tech sector’s AI bonanza


Due Diligence. The red flags surrounding Arm’s IPO


Arm searches for growth beyond smartphones


opinion content. What the great EU patent fight means for global competition
Brooke Masters

Microsoft significantly reworks $75bn Activision deal to win UK backing




MORE TECHNOLOGY

 * Cryptofinance
 * Semiconductors
 * Tech Tonic podcast
 * Trading technology
 * Tech start-ups
 * Social Media
 * Artificial intelligence

CryptofinanceSign up for our newsletter



BE A PART OF FT COMMUNITY

Upcoming events

Discover unmissable flagship events and members only communities to expand your
thinking and elevate your career.

FT Live
FTWeekend Festival
Where the FT Weekend paper comes to life
Saturday, 2nd SeptemberLondon, UK & Online
FT Live
Moral Money Summit Asia
Unlocking the potential of ESG
Wednesday, 6th SeptemberSingapore & Online
FT Live
The Future of Carbon Trading
What is next for the structure, integrity and standards of carbon markets?
Thursday, 14th SeptemberOnline
Join the discussion

FT Forums is a series of members only communities, powered by the Financial
Times.

Women In Business Forum
A dedicated programme to accelerate mid-career women into senior leadership.
Future Forum
An authoritative space for businesses to share ideas, build relationships and
develop solutions to future challenges.
Climate Capital Council
Where businesses share ideas, opportunities and challenges with climate change.

How easy or hard was it to use FT.com today?

Feedback


USEFUL LINKS


SUPPORT

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers


LEGAL & PRIVACY

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies


SERVICES

Share News Tips SecurelyIndividual SubscriptionsProfessional
SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT
on XFT ChannelsFT Schools


TOOLS

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise
ToolsNews feedNewslettersCurrency Converter


COMMUNITY & EVENTS

FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme


MORE FROM THE FT GROUP

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT
and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime
under the FT Editorial Code of Practice.


Close side navigation menuFinancial Times

International Edition

Subscribe for full access
Search the FT
Suggestions include
News
Securities
 * See all quotes matching undefined

Search
 * Switch to UK Edition


TOP SECTIONS

 * Home
 * WorldShow more World
   * Global Economy
   * UK
   * US
   * China
   * Africa
   * Asia Pacific
   * Emerging Markets
   * Europe
   * War in Ukraine
   * Americas
   * Middle East & North Africa
   * Australia & NZ
 * USShow more US
   * US Economy
   * US Companies
   * US Politics & Policy
 * CompaniesShow more Companies
   * Energy
   * Financials
   * Health
   * Industrials
   * Media
   * Professional Services
   * Retail & Consumer
   * Tech Sector
   * Telecoms
   * Transport
 * Tech
 * MarketsShow more Markets
   * Alphaville
   * Markets Data
   * Cryptofinance
   * Capital Markets
   * Commodities
   * Currencies
   * Equities
   * Fund Management
   * Trading
   * Moral Money
   * ETF Hub
 * Climate
 * OpinionShow more Opinion
   * Columnists
   * The FT View
   * Lex
   * Obituaries
   * Letters
 * Work & CareersShow more Work & Careers
   * Business School Rankings
   * Business Education
   * Entrepreneurship
   * Recruitment
   * Business Books
   * Business Travel
 * Life & ArtsShow more Life & Arts
   * Arts
   * Books
   * Food & Drink
   * FT Magazine
   * House & Home
   * Style
   * Travel
   * FT Globetrotter
 * Personal FinanceShow more Personal Finance
   * Property & Mortgages
   * Investments
   * Pensions
   * Tax
   * Banking & Savings
   * Advice & Comment
   * Next Act
 * HTSI
 * Special Reports


FT RECOMMENDS

 * Lex
 * Alphaville
 * Lunch with the FT
 * FT Globetrotter
 * #techAsia
 * Moral Money
 * Visual and data journalism
 * Newsletters
 * Video
 * Podcasts
 * News feed
 * FT Live Events
 * FT Forums
 * Board Director Programme

 * myFT
 * Portfolio
 * Today's Newspaper (ePaper)
 * Crossword
 * Our Apps

 * Help Centre
 * Subscribe
 * Sign In