Author: Lucas

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersThis article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Unhedged was alarmed to read in the Financial Times that a cyber…

Read More

Appreciating Pakistan’s hospitality, the envoys agreed on the need to accelerate bilateral trade and investment flows, including through religious tourism, skills exchanges, and supply-chain partnerships. Photo: file LAHORE: Despite the government’s efforts to lure foreign direct investment (FDI) to stabilise a fragile economy, industry stakeholders believe that short-term inflows will remain episodic unless deep-rooted structural reforms are implemented to ensure long-term, innovation-based growth. Local industry experts argue that the recent influx of investment pledges from China, the UAE and Belarus are encouraging, but not necessarily transformational. They say these new ventures are largely capital-intensive, not innovation-driven, and fail to compensate…

Read More

Savers have been given a boost after National Savings and Investment (NS&I) increased the rates on new issues of its British Savings Bonds.The new issues of NS&I’s guaranteed and income one, two, three and five-year British Savings Bonds have gone on sale today and are available to new and maturing customers.The products have rates between 4.15% and 4.20%. MoneyWeek Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE Get 6 issues free Sign up to Money Morning Don’t miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter…

Read More

The COVID-19 pandemic brought light to the global importance of vaccines and ensuring they are manufactured to quality standards for every region in which they are used. Vishal Mukund Sonje, Vaccine Manufacturing Lead at the Coalition for Epidemic Preparedness Innovations (CEPI), discusses some of the challenges faced for vaccine manufacturers, especially those working hard to get these products to remote regions, including complex regulatory requirements.PharmTech: How do complex global regulations and legal rules inhibit or help vaccine manufacturing?Sonje (CEPI): Development and manufacturing regulations for vaccine development are quite stringent. However, these requirements are essential, since it ensures product safety and efficacy.…

Read More

The Land Reform (Scotland) Bill – passed in Holyrood on Wednesday (5 November) – has sparked divided reactions across Scotland’s farming and landowning communities. The legislation aims to reform how large estates and agricultural tenancies are managed, particularly holdings of more than 1,000ha. It introduces stricter requirements for landowners, including new land management plans, community consultation before sales, and the creation of a Land and Communities Commissioner to oversee engagement and transparency. See also: Muirburn licensing delayed until autumn 2026 In support of the bill, Christopher Nicholson, chairman of the Scottish Tenant Farmers Association, said: “Scotland, with its unregulated land…

Read More

Sibanye-Stillwater delivered a strong operational and financial performance for the third quarter of 2025, with adjusted EBITDA soaring 198% year-on-year to R9.9 billion (US$560 million), supported by higher precious metal prices and stable output across its global operations. Join our WhatsApp channel for more news updates on Sibanye-Stillwater New CEO Richard Stewart, in his first report since taking office in October, described the quarter as “pleasing,” citing improved operational stability and cost control across all major operations. South African platinum group metal (PGM) operations led the performance, reporting a 213% increase in adjusted EBITDA to R5 billion (US$281 million), boosted…

Read More

Hungary’s only oil refining company, Mol Nyrt., stated that it has the capacity to source oil from suppliers other than Russia ahead of a key meeting between U.S. President Donald Trump and Prime Minister Viktor Orbán on sanctions targeting Russian oil. According to Ukrinform, Bloomberg reported this. The company, which operates refineries in Hungary and Slovakia, noted that the pipeline from Croatia could effectively serve as an alternative for most of its oil supplies if Russian deliveries through the Druzhba pipeline via Ukraine were to be halted. “Should the crude flows via the Druzhba pipeline drop significantly, Mol can increase…

Read More

The Fed has cut rates at the last couple meetings, and savings APYs everywhere are starting to slide. Banks that were bragging about “high yield” six months ago have quietly lowered their rates.But one bank hasn’t flinched.SoFi Checking and Savings (Member FDIC) continues to offer one of the highest annual percentage yields (APYs) available — up to 4.50% for 6 months when you set up direct deposit. And even after the promo period ends, the standard rate is 3.80%, which still beats most savings accounts today. Why SoFi® stands out in a sea of savings accountsSoFi Checking and Savings (Member…

Read More