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► Subscribe to FT.com here: http://on.ft.com/2eZZoLI ► Watch ‘How France elects its president and the National Assembly’ and more on FT.com: http://on.ft.com/2n15jj2 The first vote in France’s two-round presidential election will take place on April 23. FT Paris bureau chief Anne-Sylvaine Chassany explains how the country will choose its president and, shortly after, its lower
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Read ‘Dark money: London’s dirty secret’ at: http://on.ft.com/1NwDuLi ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Clandestine finance is under scrutiny as never before. The FT’s Tom Burgis provides a guide to some of the techniques that allow money to be moved around in secrecy. For more video content from the Financial Times, visit
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If you’re running a small business in America and you need to borrow money, you may be forced to sign a “confession of judgment” – an obscure legal document that gives your lender the right to seize your assets with no trial or advance warning. Bloomberg investigative reporters Zeke Faux and Zachary Mider discovered that
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Over the span of a few hours one day in April 2020, a guy called Cuddles and eight of his pals from the freewheeling world of London’s commodities markets rode oil’s crash to a $660 million profit. Now regulators are scrutinizing their once-in-a-lifetime trade. Read more about the story in Bloomberg Businessweek: https://www.bloomberg.com/news/features/2020-12-10/stock-market-when-oil-when-negative-these-essex-traders-pounced #Oil #Storylines
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The story of Greensill Capital’s rise and fall has everything: investment banks, opaque finance, private jets, trophy mansions and the biggest British lobbying scandal in a generation, involving former prime minister David Cameron. The Financial Times charts the rise of Lex Greensill and Sanjeev Gupta and examines where it all went wrong. Read more at
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Mark Bustos works full-time at a boutique salon, where prices start at $150. On Sunday, his only day off, Mark goes out onto the streets of New York City and gives free haircuts to the homeless. Read more: Stylist gives free haircuts to the homeless http://money.cnn.com/2014/08/19/pf/haircuts-homeless/index.html In Photos: Transformations on the street On his days
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Even in the high-end world of jewelry, Cuban link chains are a symbol of luxury. Once a quintessential part of hip-hop style in the ’70s and ’80s, these chains have become increasingly popular in the last decade. Today, you’ll find prominent rappers like Future, Daddy Yankee, and Lil Uzi Vert wearing Cuban link chains. Although
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Singapore has some top-class, if expensive, business schools. How well do students from abroad fit in…and what are they looking for? ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
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Beverley Schottenstein had a family fortune, a Florida condo and mounting fears she was being cheated by two of her grandsons—who also happened to be her money managers at America’s biggest bank. So she decided to teach them a lesson. #Storylines #Florida #BloombergQuicktake ——– Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive
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It’s one of the biggest thefts in history. More than $4 billion from Malaysian’s state-owned investment fund was siphoned off and the money spent on items including a private jet, a super-yacht, mansions and even Hollywood movie The Wolf of Wall Street. The 1MDB corruption scandal toppled the Malaysian government and set off investigations across
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Jugyeom, or nine times roasted bamboo salt, sometimes also known as purple bamboo salt, can cost almost $100 for an 8.5-ounce jar. To make bamboo salt, sea salt must be repeatedly roasted inside of bamboo at temperatures over 800 degrees celsius. The goal is to enrich the salt with minerals and to reduce toxicity. But
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If renewable energy is going to provide a steady source of energy to power grids, we need to find ways of storing it. Lithium-ion batteries are currently the dominant technology, but new rivals are emerging. These include vanadium batteries, hydrogen, and even volcanic rocks. Could they offer a serious challenge to lithium-ion’s supremacy? #sustainability ►
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Lightning Ridge is a small mining town outside of New South Wales, Australia renowned for its black opal, which can sell for over $10,000 per carat. But even for an expert miner, finding high-quality black opal isn’t easy. After investing tens of thousands of dollars, a miner might not find a single gem. But as
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Indigenous people in Zapotitlán have been hand-making salt here for over 2,000 years. Today, producers can’t make enough money to sustain themselves. Many have abandoned their salt lands, but one producer is determined to keep his business alive. For more information, visit Juan’s Facebook page: https://www.facebook.com/juandiego.hernandezcortes MORE STILL STANDING VIDEOS: How Indian Potters Are Reinventing
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Over the past 12 months Covid-19 has curtailed countless business activities, but not money laundering. The UN estimates some $1.6tn is laundered every year, and authorities say lockdown measures have presented criminals with even greater opportunities to commit offences. But why is this, and what are countries doing to fight back? See if you get
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Coconuts produce some of the most expensive cooking oil, selling for up to 12 times the price of canola oil in the United States. But the health benefits coconut oil devotees swear by are hotly contested, and the American Heart Association even recommended that consumption be avoided. Nevertheless, the industry is expected to grow by
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