Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies 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 & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • 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
    • UK plans to cut pipelines to EU if Russia gas crisis intensifies
    • Ghislaine Maxwell sidesteps responsibility in sentencing comments
    • US to boost Europe military presence as Nato strengthens defences
    • Finland and Sweden poised to join Nato after Turkey drops veto
    • Dramatic testimony sheds damning light on Donald Trump’s actions on January 6
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • The risk of a flip-flopping Fed
    • US to boost Europe military presence as Nato strengthens defences
    • Dramatic testimony sheds damning light on Donald Trump’s actions on January 6
    • Finland and Sweden poised to join Nato after Turkey drops veto
    • Meta sparks anger by charging for VR apps
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Mukesh Ambani prepares to hand Reliance empire to his children
    • Hong Kong elite descends on Tokyo for bargain property buys
    • Blackstone dealt legal setback after $5bn low-income housing deal
    • Are we protecting airlines from their own shortcomings?
    • German arms companies fear for their slice of defence windfall
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
    Most Read
    • Live news updates from June 29: Central bank chiefs call end to era of low rates, US indicates new openness to selling Turkey upgraded F-16s
    • ‘We will humble them’: four fuel traders took on Wall Street and saved $1.2bn
    • Value in the short(er) end
    • Live news updates: SenseTime plunges nearly 50% in Hong Kong after lock-up expires
    • Live news updates from June 28: Turkey drops veto on Finland and Sweden Nato membership, Trump wanted to march on Capitol with mob, committee hears
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • The risk of a flip-flopping Fed
    • The 30-year-old comic book that became a Silicon Valley bible
    • Monkeypox makes pledges of pandemic solidarity look hollow
    • Are we protecting airlines from their own shortcomings?
    • Childcare is a looming political battle that is long overdue
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • What’s a good (and bad) way to leave your job?
    • How can I move from being a specialist police detective to financial services?
    • If you want to be more likeable, try showing more stress
    • ‘Exactly how much virtue do you really want to signal?’
    • JSR’s Eric Johnson: ‘I encourage people to tell me exactly how they think’
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Inside the secret, often bizarre world that decides what porn you see
    • The 30-year-old comic book that became a Silicon Valley bible
    • At home with Champagne Charlie
    • The A to Z of tennis
    • Record annual dividends of £5.5bn from UK investment trusts
  • HTSI
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Your guide to a disrupted world

Start a 4-week trial

Sylvia Pfeifer

Industry correspondent
Email Sylvia Pfeifer @sylviapfeifer  on Twitter (link opens in a new browser window)
Email Sylvia Pfeifer @sylviapfeifer  on Twitter (link opens in a new browser window)

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Wednesday, 29 June, 2022
    UK business & economy
    UK to extend steel import quotas and tariffs for two years

    Move risks legal challenge at the World Trade Organization

  • Monday, 27 June, 2022
    ExplainerUK trade
    Boris Johnson prepares to extend tariffs to protect UK steel industry

    Prime minister risks breaking international law to prevent flood of cheap imports

  • Monday, 27 June, 2022
    War in Ukraine
    Ukraine’s richest oligarch launches lawsuit against Russia

    Steel tycoon Rinat Akhmetov brings case in Europe over violations of property rights and seizure of assets

  • Tuesday, 21 June, 2022
    Rolls-Royce Holdings PLC
    Union rejects Rolls-Royce’s pay offer and £2,000 cost-of-living bonus

    Representatives in talks after deal that included 4 per cent wage rise dismissed as falling ‘a long way short’

  • Tuesday, 21 June, 2022
    Industrial metals
    Global steelmakers face $518bn in stranded asset risk

    Construction of blast furnaces despite carbon pledges jeopardises investments, report finds

  • Monday, 20 June, 2022
    Cost of living crisis
    Rolls-Royce offers workers £2,000 to help ease cost of living crisis

    UK aero-engine group combines one-off payment with 4% pay rise offer as a ‘simple wage increase is just not affordable’

  • Tuesday, 14 June, 2022
    Sanjeev Gupta
    American Industrial Partners seizes control of Sanjeev Gupta’s Belgian plant

    Move by US buyout group dismantles industrialist’s continental operations

  • Monday, 13 June, 2022
    Liberty Steel Group Holdings UK Ltd.
    Sanjeev Gupta’s Liberty Steel wins breathing space on refinancing debt

    Gupta group reaches standstill deal with largest creditor Greensill Bank that could run until end of year

  • Wednesday, 8 June, 2022
    Sanjeev Gupta
    UK steel jobs at risk as judge rules GFG winding-up bid can proceed

    Citigroup is seeking to shut down Sanjeev Gupta metals companies over unpaid debts

  • Wednesday, 8 June, 2022
    AerCap Holdings NV
    Leasing group AerCap loses bid to recover Aeroflot jet

    Sri Lanka court rules that Russian flag carrier can fly aircraft back to Moscow

  • Wednesday, 8 June, 2022
    EU trade
    Manufacturers criticise Brussels’ move to retain punitive steel import tariffs

    Factories threaten to relocate after European Commission only opts for small rise in quota-free imports

  • Wednesday, 8 June, 2022
    Melrose Industries PLC
    Melrose to launch £500mn share buyback after US disposal

    Shares jump as company unveils investor payout delayed because of Ukraine war

  • Wednesday, 1 June, 2022
    Special ReportNavigating Cyber Risk
    Smart factories need smarter cyber defence

    Manufacturers’ complex supply chains and connected machinery add risk

  • Tuesday, 31 May, 2022
    Aircraft manufacturing
    Airbus jet production boost tests health of straining supply chain

    Ramp-up in manufacturing rates comes at critical time for aviation as it emerges from pandemic

  • Monday, 30 May, 2022
    InterviewRolls-Royce Holdings PLC
    Rolls-Royce must become a ‘profitable icon’, says chair Anita Frew

    UK engineering group closes in on successor to chief executive Warren East

  • Sunday, 29 May, 2022
    Climate change
    Imperial College London to set up centre to help decarbonise aviation

    Institute established with £25mn donation will examine all aspects of sector, from fuel to airport infrastructure

  • Saturday, 21 May, 2022
    Aerospace & Defence
    Airbus to amass €10bn as protection against future crises

    European jet maker wants to be ‘rock solid’ against emergencies such as Covid-19

  • Thursday, 19 May, 2022
    Industrials
    Court reverses liquidation of Gupta’s Liberty operations in Belgium

    Decision provides some relief for under-fire metals tycoon

  • Thursday, 19 May, 2022
    International Airlines Group
    BA owner provides boost for Boeing with order of 50 737 Max jets

    Seattle-based aerospace group has grappled with delayed deliveries and lost business to Airbus

  • Tuesday, 17 May, 2022
    News in-depthBoeing Co
    Boeing found a new headquarters. But customers fear it has ‘lost its way’

    Relocation to Virginia aimed at boosting defence ties comes amid criticism over jetliner delays

  • Monday, 16 May, 2022
    Ryanair Holdings PLC
    Ryanair boss claims Boeing ‘not up to the job’

    Michael O’Leary calls for management changes to fix delivery problems at aerospace group

  • Saturday, 14 May, 2022
    War in Ukraine
    Europe battles to secure steel following Russia’s invasion of Ukraine

    Higher costs loom amid disruption to imports from a major regional supplier

  • Thursday, 12 May, 2022
    Aerospace & Defence
    Rolls-Royce chief strikes upbeat tone about prospects

    Outgoing chief Warren East says gradual improvement in flying hours has helped trading

  • Tuesday, 10 May, 2022
    GFG Alliance
    Sanjeev Gupta fights to prop up GFG Alliance in twin legal battles

    Metals tycoon appears in Liège as a London court begins preliminary hearing into winding-up petition

  • Monday, 9 May, 2022
    FT CollectionsGreensill Capital
    Gupta’s GFG faces insolvency hearing after Credit Suisse ends settlement talks

    Metals group had borrowed $1.3bn from Swiss bank’s clients to finance sprawling empire

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

Tools

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

Community & Events

FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. 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.
Financial Times

International Edition

Subscribe for full access
  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • 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
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Community
    • FT Live
    • FT Forums
    • Board Director Programme
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In