Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Barrick Gold has been ordered to pay veteran dealmaker Ian Hannam’s firm $2mn plus legal costs after the High Court in London found Hannam & Partners helped engineer a $6bn merger and failed to be compensated.The advisory firm had demanded up to $18mn from the Canadian mining group, claiming it was central to a transformational combination in 2018 between Barrick and London-listed Randgold but that it was “pushed out” of the deal at the last minute.Hannam, who earned a reputation as the…

Russia’s full-scale invasion of Ukraine launched three years ago has ravaged much of the war-torn nation and killed thousands of Ukrainian civilians. Both sides have lost enormous numbers of soldiers. But now on the streets in Russia, some feel hopeful about a possible end to the war and Western-imposed sanctions. Some are optimistic that the hostility with the United States, at its peak under former President Joe Biden, could end as President Donald Trump’s administration works to bring the warring sides to the negotiating table. Fearing reprisals, all those interviewed in Russia refused to provide their surnames, given Moscow’s crackdown…

A federal judge appointed by President Donald Trump in 2018 announced that he had resigned from the largest association of federal judges, decrying how the group issued a rare statement last week condemning recent alleged threats against judges but stayed quiet for years while conservative members of the judiciary faced scrutiny and attack. Judge James C. Ho, of the New Orleans-based U.S. Court of Appeals for the Fifth Circuit, announced his departure from the Federal Judges Association during a speaking event Saturday hosted by the conservative Federalist Society at the University of Michigan Law School. It comes in response to the…

Texas death row inmate David Leonard Wood’s execution, which had been set for this week, was halted by a Texas appeals court on Tuesday.Wood, 67, has spent nearly 33 years on death row and had been set to die by lethal injection this week over the killings of six girls and young women found buried in the desert near El Paso. The court put Wood’s execution on pause “until further order,” without elaborating in their three-page order.Six of the nine members of the court made that decision, FOX 4 News Dallas-Fort Worth reported. Judges Mary Lou Keel and Gina Parker…

Millions of Aussies will have access to a new phone feature which will help them combat the phone scam crisis which cost the nation $141m last year.Telecommunications company Telstra will give their phone-users greater control of which calls they answer by giving warning messages.The new feature – called Telstra Scam Protect – has flagged more than 10 million calls with a warning message since it was rolled out in December last year.“The new in-house solution alerts our customers to suspicious or unverified calls by displaying a message in real time, directly from their device screen,” Telstra consumer executive Thomas Beach…

Check out the companies making headlines in premarket trading. Groupon — Shares of the digital marketplace surged around 21% after the company’s full-year revenue guidance exceeded Wall Street’s expectations. Groupon issued a range of $493 million to $500 million, topping the consensus forecast of $491.5 from analysts polled by FactSet. The company also posted stronger fourth-quarter revenue than the Street anticipated. Intel — Shares jumped 8% after Reuters reported that TSMC has raised a joint venture proposal to U.S. chipmakers Nvidia , Advanced Micro Devices and Broadcom to operate Intel’s foundry division. Nvidia, AMD and Broadcom also popped before the…

As recently as January, President Vladimir V. Putin of Russia emphatically rejected the idea of a temporary cease-fire in Ukraine.But after a month in which President Trump turned American foreign policy on its head and Russian forces made progress in a key battle, the Kremlin now appears keen at least to entertain the 30-day cease-fire proposal made by Ukraine and the United States on Tuesday.Dmitri S. Peskov, Mr. Putin’s spokesman, told reporters on Wednesday that the Kremlin was “carefully studying” the outcome of Tuesday’s talks between the United States and Ukraine, and their call for a monthlong cease-fire.He said he…

Lawyers for an activist who led pro-Palestinian protests at Columbia University are expected to face off Wednesday in court with federal officials who want him deported.A federal judge on Monday temporarily halted Mahmoud Khalil’s removal, barring the government from deporting him before Wednesday’s hearing in New York.Khalil was arrested by federal immigration authorities Saturday night at his university-owned apartment. Amy Greer, Khalil’s attorney, said officials were acting on a State Department order to revoke Khalil’s student visa and green card. Khalil was sent to a detention center in Jena, Louisiana. He will not be present at the New York hearing,…

A Democrat won a special election for a seat in the Minnesota House of Representatives on Tuesday, according to The Associated Press, returning partisan control of that chamber to an even split during an unusually acrimonious legislative session.The seat, in a heavily Democratic district north of St. Paul, has been at the center of a weekslong fight for power that led House Democrats to boycott the early weeks of the state’s lawmaking session.David Gottfried, the Democrat and a Minnesota native who works at a law firm, defeated Paul Wikstrom, a Republican who is an engineer and had sought the seat…

A new poll suggests Canadians’ sense of national pride has surged in response to U.S. President Donald Trump’s tariffs and threats against the country’s sovereignty. The poll, conducted by Leger Marketing for the Association for Canadian Studies, says that the number of people saying they’re proud to be Canadian has jumped from 80 per cent in November 2024 to 86 per cent this month.Pride is highest among people aged 55 and over — at 92 per cent — while 86 per cent of people between the ages of 35 and 54 and 75 per cent of people aged 18 to…