FT News Briefing: Finance Bosses Skip COP29, EU Market Stalemate and Boeing Strikes

  • 📰 FT
  • ⏱ Reading Time:
  • 21 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Business & Finance News

COP29,EU Markets,Activist Investors

Financial titans are increasingly shunning the COP29 climate summit, while Spain proposes a novel solution to bridge the EU's capital markets gap. Plus, activist investor Starboard Value acquires a significant stake in struggling pharmaceutical giant Pfizer, and machinists' strikes pose a challenge to Boeing's recovery.

Big bank bosses join a growing list of prominent financiers expected to skip COP29 next month, and Spain proposes a new mechanism to help harmonise the EU’s capital and credit markets. Plus, activist investor Starboard Value has built a $1bn position in struggling drugmaker Pfizer, and tens of thousands of striking machinists are threatening Boeing’s recovery.

Mentioned in this podcast: “You only go to the party if everyone is going”: finance bosses shun COP29 Spain to propose mini-coalitions to break EU capital markets stalemate Activist investor Starboard builds $1bn stake in drugmaker Pfizer ‘They’re just mad’: Boeing strikers prepare for long haul The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 113. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines