News Updates from November 22 Trump Expected to Pick Bessent As Treasury Secretary Uk Business Activity Slumps to 13month Low

No mojitos and no lights: Cuba’s tourism industry fights losing battle

Power cuts and shortages of basic items plague Communist-ruled island’s vital sector

World - Financial Times - 8 hours ago

Ex-Barclays chief John Varley pulled back into fight to clear bank’s name

Financial Conduct Authority fined lender £50mn over 2008 emergency fundraising

World - Financial Times - 59 minutes ago

Trump names investor Scott Bessent as Treasury secretary

President-elect Trump on Friday named billionaire investor Scott Bessent to be his Treasury secretary. Bessent would be the key leader of the president-elect’s economic team, which will be tasked ...

Politics - The Hill - 14 hours ago

Trump picks Scott Bessent as Treasury secretary

Hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs

Business - Financial Times - 7 hours ago

Trump picks hedge fund manager Scott Bessent to serve as treasury secretary

President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.

Trump selects Scott Bessent for Treasury secretary

Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.

Trump transition live updates: In a flurry of nominations, Trump announces 7 picks

President-elect Donald Trump is continuing to announce his picks for top jobs inside his administration.

Trump’s Treasury secretary choice: Scott Bessent, Larry Kudlow or Howard Lutnick might be picked

Support for tariffs looks like a key qualification for this crucial job in the next Trump administration.

Business - MarketWatch - November 15

Trump picks hedge-fund investor Scott Bessent for treasury secretary

Job is one of most powerful in Washington with huge influence over US economy and financial markets. Trump’s administration and White House staffing picks and likely contenders – so far ...

World - The Guardian - 13 hours ago

Who is Scott Bessent? What to know about Trump's Treasury secretary pick.

If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.

Graham: Bessent would be 'outstanding' as Trump Treasury secretary

Sen. Lindsey Graham (R-S.C.) said that Key Square Group founder Scott Bessent would be an “outstanding” choice as President-elect Trump’s Treasury secretary. “I think he’d be outstanding. He’s ...

Politics - The Hill - November 15

Trump Taps Investor Scott Bessent as Treasury Secretary

The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.

Business - The New York Times - 12 hours ago

Trump taps Scott Bessent to serve as treasury secretary

President-elect Donald Trump has tapped Scott Bessent, a key campaign fundraiser, as his pick for Treasury secretary. If confirmed, Bessent will oversee fiscal policies amid ongoing concerns about ...

UK business activity shrinks for first time in a year as confidence in Labour falls

Many companies report worsening conditions following rise in employers’ national insurance contributions

Business - Financial Times - 22 hours ago

Musk backs Lutnick over Bessent as Trump’s Treasury secretary

Billionaire tech mogul Elon Musk threw his support behind Howard Lutnick, chair and CEO of Cantor Fitzgerald, over Scott Bessent, founder of Key Square Group, as Treasury secretary in the next ...

Politics - The Hill - 6 days ago

Lutnick and Bessent’s battle for Treasury secretary turns bitter as Trump expands field

Wall Street factions fight for top economic post in president-elect’s cabinet

Business - Financial Times - 4 days ago

Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.

Business - CNBC - 13 hours ago

‘Sigh of relief’: Wall Street welcomes Trump’s pick of Bessent for Treasury

Nomination of hedge fund investor follows tumultuous fight for the top US economic post

Business - Financial Times - 13 hours ago

Best Employers: Asia-Pacific

Which companies do people most like working for in Asia-Pacific? The FT and Statista surveyed 50,000 employees to find out. Plus: long hours in Japan; caste and corporate India; China’s robot ...

World - Financial Times - November 14

England’s universities regulator warns of worsening financial outlook

‘Bold’ action required to stop higher education institutions falling into insolvency, says Office for Students

World - Financial Times - November 15

Do I need inheritance tax insurance?

Budget changes prompt wave of interest in life cover to avoid families scrambling to pay tax bills

World - Financial Times - November 15

Trump and the small caps

Why little companies like the red sweep

World - Financial Times - November 15

Milan beats London and New York as home to most expensive shopping street

Rents on Via Monte Napoleone have jumped as tax break schemes lure the super-rich

World - Financial Times - 3 days ago

SpaceX abandons attempt to catch Starship booster as Trump watches

Test was a setback for owner Elon Musk, who has become an influential figure in president-elect’s transition team

World - Financial Times - 3 days ago

Hong Kong media tycoon Jimmy Lai denies foreign collusion in security trial

Fierce critic of Beijing testifies for first time as he faces up to life in prison

World - Financial Times - 3 days ago

From vinegar to pet scans: Italy’s nimble and dynamic family businesses

Dozens feature in new FT-Statista ranking of fast growing European companies

World - Financial Times - 3 days ago

These 2 men are the front-runners to be Trump's new Treasury secretary

Two prominent supporters of President-elect Trump’s campaign have emerged as the front-runners to lead the Treasury Department during his second administration. Trump has reportedly narrowed his ...

Politics - The Hill - November 14

Trump expected to pick Howard Lutnick for Commerce secretary

President-elect Trump is expected to nominate Howard Lutnick to serve as Commerce secretary, a source familiar told The Hill. Lutnick is the chair and CEO of Cantor Fitzgerald and is also currently ...

Politics - The Hill - 3 days ago

Trump expected to pick Howard Lutnick for Commerce Secretary

President-elect Trump is expected to pick Cantor Fitzgerald CEO Howard Lutnick, who is serving as his transition co-chair, to serve as his secretary of commerce.

Trump’s Treasury pick is Scott Bessent. He’s said it’s absurd to fear ‘Trump-flation.’

President-elect Donald Trump has selected hedge-fund manager Scott Bessent to serve as secretary of the Treasury Department.

Business - MarketWatch - 12 hours ago

Trump backer John Paulson bows out as possible Treasury secretary pick

John Paulson said he would remain in involved in implementing economic policies of President-elect Donald Trump

Business - CNBC - November 12

News Updates from November 22 Trump Expected to Pick Bessent As Treasury Secretary Uk Business Activity Slumps to 13month Low

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