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Facebook to Banks: Give Us Your Data, We’ll Give You Our Users

Facebook to Banks: Give Us Your Data, We’ll Give You Our Users

Facebook has asked large U.S. banks to share detailed financial information about customers, including card transactions and checking-account balances, as it seeks to boost user engagement.

Published 1 week ago

Saudi Arabia’s Spat With Canada Risks Backlash From Investors

Saudi Arabia’s Spat With Canada Risks Backlash From Investors

Saudi Arabia’s diplomatic rupture with Canada is compounding a volatile business climate for a country that is seeking to overhaul its economy but has struggled to woo foreign investors.

Published 1 week ago

Record Beef, Pork, Chicken Production Cuts Into Profits at U.S. Meat Companies

Record Beef, Pork, Chicken Production Cuts Into Profits at U.S. Meat Companies

Record levels of beef, pork and chicken coming to market are cutting into profits for the biggest U.S. meat processing companies.

Published 1 week ago

Kroenke emerges victorious over Usmanov in battle for Arsenal

Kroenke emerges victorious over Usmanov in battle for Arsenal

US sports billionaire buys out Russian rival’s 30% stake in London football club

Published 1 second ago

Goldman Sachs and big fees

Goldman Sachs and big fees

Welcome to Due Diligence, the FT’s daily deals briefing

Published 1 second ago

Identity crisis: the insurers moving away from insurance

Identity crisis: the insurers moving away from insurance

Some companies want to do much less covering of risk and focus on services for customers. But they will face stiff fierce competition

Published 1 second ago

European Investment Bank bows to calls for reform

European Investment Bank bows to calls for reform

Lender owned by EU states to start talks over ECB supervision after Brexit

Published 1 second ago

Iran’s poor bear brunt of sanctions as food prices soar

Iran’s poor bear brunt of sanctions as food prices soar

Higher cost of living taps into growing anger at economic misrule and corruption

Published 1 second ago

US-China trade tariffs cast shadow over cloud computing boom

US-China trade tariffs cast shadow over cloud computing boom

US tech sector’s spending spree faces levies on Chinese imports

Published 1 second ago

The devastating cost of central banks’ caution

The devastating cost of central banks’ caution

Timidity on monetary policy since 2008 has been as costly as the financial crisis

Published 1 second ago

Fidelity’s no-fee fund triggers mix of alarm and calls for calm

Fidelity’s no-fee fund triggers mix of alarm and calls for calm

One of world’s biggest asset managers underlines direction of travel on prices

Published 1 second ago

California Fires Worsen, Prompting Talk of Shifts in Development

California Fires Worsen, Prompting Talk of Shifts in Development

Firefighting crews continued to battle what officials described as the second-largest wildfire in California history.

Published 1 week ago

U.S. to Reimpose Sanctions Targeting Iranian Economy

U.S. to Reimpose Sanctions Targeting Iranian Economy

The U.S. moved to reimpose punishing sanctions on Iran and threatened even-tougher measures for later this year as the Trump administration sought to increase pressure on the Tehran regime to negotiate or step aside.

Published 1 week ago

Facebook to Banks: Give Us Your Data, We’ll Give You Our Users

Facebook to Banks: Give Us Your Data, We’ll Give You Our Users

Facebook has asked large U.S. banks to share detailed financial information about customers, including card transactions and checking-account balances, as it seeks to boost user engagement.

Published 1 week ago