FT – ‘Energy groups seek emergency support’
Summary of Today's Paper
FT – ‘Energy groups seek emergency support’
The Financial Times reports that the UK’s largest energy suppliers are requesting a multibillion-pound emergency support package from the government to help them survive the crisis sparked by gas prices.
Today's Headlines
Tech stocks sink after Nvidia reveals $5.5bn hit from curbs on China sales
Wall Street banks reap $37bn after traders cash in on Trump volatility
The front page of the business newspaper The Financial Times this morning, April 16 2025, reports on the fallout from the US tariffs. The lead story reports that Wall Street banks reap $37 billion after traders ‘cash in’ on the volatility caused by the tariff chaos. Wall Street banks reap $37bn after traders cash in on Trump volatility Wall Street’s biggest banks reaped almost $37bn in trading revenues in the first quarter of the year
Risky corporate borrowers shut out of bond market since Trump’s tariff blitz
Risky corporate borrowers shut out of bond market since Trump’s tariff blitz America’s risky corporate borrowers have been shut out of the bond market since Donald Trump’s tariff blitz, in a freeze that is reverberating across Wall Street and which threatens a tentative rebound in dealmaking. Lowly-rated companies have failed to sell any debt in the $1.4tn US high-yield bond market since Trump unleashed market turmoil and raised fears of a US recession with the
