In Today's FT: Ministers look at reshaping pensions lifeboat fund to give boost to business...

FINANCIAL TIMES   To view this email as a webpage, click here   FINANCIAL TIMES FINANCIAIL,   Friday, 26 May 2023   UK Homepage   Ministers look at reshaping pensions lifeboat fund to give boost to business   Government examines sweeping change to role of Pension Protection Fund to unlock billions for investment   Three of Europe’s biggest insurers quit industry net zero initiative   Members fear lawsuits and have come under attack from Republican politicians in US   UK retail investors piling into gilts, says AJ Bell   Company says fixed-income products have become much more popular   Britain’s record-high immigration — in charts   The ONS’s net migration figure of 606,000 reflects hiring of healthcare workers and opening of humanitarian routes   UK net immigration hits record high of 606,000   Pressure mounts on Sunak but statistics agency says inflows are now stabilising   International Homepage   US debt ceiling talks progress as deadline approaches   Negotiators hope to finalise a two-year deal in the coming days as default looms   JPMorgan to cut 1,000 First Republic employees   Dismissals follow government-orchestrated takeover of California-based bank   Nvidia races towards $1tn club as AI frenzy drives chip stocks higher   Shares across semiconductor sector surge after Silicon Valley chipmaker delivers blowout financial report   Solar power investment to exceed oil for first time, says IEA chief   Fatih Birol hopeful about 1.5C goal as clean energy spending forecast to hit $1.7tn this year   The fall of Vice: private equity’s ill-fated bet on media’s future   The evaporation of TPG’s $450mn investment shows what can happen when Wall Street collides with an uncontrollable creative industry   Markets   Wall Street stocks led higher by Nvidia’s blowout results   Traders pencil in higher US and UK interest rates after data   Changing pensions regulations will not boost UK business investment   The real problem is that British companies do not want to increase capital expenditure   Anne Boden to step down as Starling chief to avoid potential conflict of interest   Founder who owns 4.9% of digital bank will remain on board of directors   The stark ‘de-risking’ choice facing economies   Nations must seek to strengthen multilateralism or they will end up embracing economic decoupling   PSA: no one should care about the US credit rating   Wake us up when it’s SD*   Companies   UK failure to create post-Brexit chemical regulations risks ‘irreparable damage’   Government attempts to replicate EU system threatens innovation, warns industry   Tesla to open its fast-charging stations to Ford drivers   Elon Musk says he doesn’t want carmaker’s network to become a ‘walled garden’ as EV use expands   China’s car market has become a Darwinian battleground   Foreign makers have been caught out by speed of transition to electric vehicles and rapid rise of domestic rivals   No ‘magic wand’ for financial pressures, Hunt tells pharma groups   UK unveils reforms worth £650mn to boost the life sciences sector     Vote to remove John Thompson is the culmination of one of the largest shareholder activism campaigns in years   Comment   Meta’s fine has repercussions for EU-US data flows   Brussels and Washington need to find a route to a workable legal framework   Nvidia: thanks to AI, the chips are up for CEO Jensen Huang    Group’s market cap rise on Thursday was so vast that it is being measured in Intels   Ukraine is already looking to a postwar digital future   The success of the DIIA app maps out a new path for the country’s economy   Business should stop griping about ‘comply or explain’   The UK’s trademark self regulatory approach to governance has been aped around the world   AJ Bell: DIY investment platform runs rings round rivals   Group assets under administration hit £68.6bn, up 7% since the start of the year.   Management     Some psychologists think we talk about the emotion in the wrong way   Global shocks put Africa’s resilient spirit to the test   Entrepreneurial flair continues to be key feature of continent’s economic dynamism Feedback Manage portfolio Follow the FT Twitter Facebook LinkedIn Instagram   | My Account | RSS | | About Us | Help   © THE FINANCIAL TIMES LTD 2023. All rights reserved. You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Financial Times Group Limited (FT Group), registered office at Bracken House, 1 Friday Street, London EC4M 9BT. Registered in England and Wales with company number 879531.