Author: Lucas

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Insurance prices for vessels trading in the Black Sea have tripled over the past month and are set to keep climbing following recent Ukrainian attacks on ships and ports in the region, insurance brokers say.The cost of war risk insurance for ships sailing through the Black Sea — a critical trade zone for commodities such as grain and oil — jumped after attacks by Ukrainian special forces on infrastructure including Russia’s Novorossiysk port.War risk insurance prices have risen from about 0.25 to…

Stay informed with free updatesSimply sign up to the EU trade myFT Digest — delivered directly to your inbox.Car doors, garden tools, washing machines and kitchen stoves will all become subject to the EU’s world-first carbon border tax as part of a hard-fought review that will also include subsidies for European exporters.The review, which had been due to be presented on December 10, is likely to be delayed by a week, according to two EU officials, due to internal negotiations over the proposals, which also include anti-circumvention measures and subsidies for exporters. But the officials insisted that the review would…

Business Desk07 December 2025, 08:24 AM ISTGold and silver prices across India remained steady on 7 December 2025, with no change from the previous session, as city-wise rates reflected a stable bullion market Mumbai: Gold prices across India were flat on 7 December 2025, with 24-karat gold priced at ₹13,015 per gram, 22-karat at ₹11,930 per gram and 18-karat at ₹9,761 per gram. The rates remained unchanged from yesterday. Major cities reported similar pricing trends, with slight variations in locations such as Chennai and Vadodara. City-wise, Chennai recorded the highest 24-karat price at ₹13,135 per gram, while Mumbai, Delhi, Kolkata,…

Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor. The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten. This distinction between true value and value traps can challenge even the most skilled investors. Luckily for you, we started StockStory to help you uncover exceptional companies. That said, here is one value stock trading at a big discount to its intrinsic value…

Workflow automation platform startup Curvestone AI revealed today that it has raised $4 million in new funding to accelerate product development, expand go-to-market efforts and grow its library of workflows. The aim is to position the company as a trusted automation layer for agentic artificial intelligence in regulated industries. Founded in 2023, Curvestone AI builds workflow automation tools tailored for regulated industries such as legal, finance and insurance. The company’s platform allows firms to automate complex, document-heavy workflows using AI while preserving full compliance, auditability and consistency. The platform is designed to handle tasks like contract audits, insurance policy reviews, compliance…

The Chairman of Dangote Group, Aliko Dangote, has called on the elite in the country to redirect funds currently spent on luxury items such as Rolls-Royce cars and private jets into establishing industries that drive economic growth and create employment opportunities. Speaking with our correspondents after a meeting with President Bola Tinubu at Aso Rock Villa on Saturday, Dangote lamented the culture of extravagant consumption, stressing that the nation’s development depends heavily on the responsibility of local investors. “If you look at the Nigerian policy before, during the military, everybody from the president downwards used Peugeot 504. That was the…

As thousands of travellers prepare for winter holidays and Christmas breaks, a few easy mis-steps could leave you without cover when you need it most.Travel insurance protects you if something goes wrong, but common oversights can lead to refused claims or an invalid policy.Here, Which? highlights what to watch out for before you set off and the steps that can help keep you properly protected this winter.1. Missing cover for activities   It’s easy to get swept up in holiday mode, but your insurer won’t always share your sense of adventure. Around half of UK travellers have taken part in an…

Project B has already landed some of the WNBA’s biggest stars, but Caitlin Clark is yet to be coaxed in — even if there is serious money at stake.Expected to tip off in Europe, Asia and Latin America in November 2026, the international women’s basketball start up will include six teams that compete in a traditional 5-on-5 format.4Project B has signed 11 players so far, but Clark is not one of themCredit: GettyIt has picked up steam as the WNBA hurtles toward a potential lockout, or strike, over a new CBA.While the future of the established league hangs in the…

While many homeowners take on DIY projects to improve their environment (and perhaps increase the value of their property), they could pay for it later if they’re not careful. Some Brits are finding themselves contacted by local authorities after complaints from their neighbours which could land them in potentially serious trouble. Certain home improvements can actually be defined as anti-social and can potentially lead to you being landed with the new version of an ASBO – a civil injunction, such as a Community Protection Notice (CPN) or Criminal Behaviour Order (CBO). MyBuilder.com has gathered a list of home “improvements” you should avoid to getting a…

Silver’s structural breakoutOle Hansen, Head of Commodity Strategy at Saxo Bank, noted that the surge in silver is a reflection of a deep disconnect. “The current surge reflects a deep and widening disconnect between physical availability, amplified by a favourable macro backdrop and a market structure exposed to a squeeze,” he stated.The physical squeezeThe most immediate catalyst for the sharp price action can be traced to a dramatic tightening in the London physical market in October. Heavy and persistent drawdowns from London vaults, driven by strong demand from the US and India, have led to a collapse in “free-float” inventory,…