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Stay informed with free updatesSimply sign up to the War in UkrainemyFT Digest -- delivered directly to your inbox.The EU is preparing a back-up plan worth up to €20bn for Ukraine, using a debt structure that sidesteps the objections of…

Bitget Wallet, a Web3 trading wallet, has unveiled a plan focusing on product research, development, and increased investments. This initiative aims to provide users with enhanced trading options and an improved overall asset management…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nike lowered its revenue outlook and said it plans to cut $2bn in costs over the next three years as the world’s…

Economy Treasury lends Kenya Airways Sh16bn without a repayment plan Thursday December 21 2023 Kenya Airways planes at the Jomo Kenyatta International Airport. FILE PHOTO | NMG The Treasury funded Kenya Airways (KQ) to the tune…

The United Kingdom Financial Services and Markets Act’s provisions on a digital securities sandbox are scheduled to come into force in January 2024 after being presented to Parliament.In a Dec. 18 publication, the U.K. government announced…

The FTX Debtors estate has filed an amended Chapter 11 to its reorganization plan today, leaving investors its creditors dumbfounded on the defunct exchange’s next steps. According to the proposed plan, under the leadership of CEO…

Transport Taxi company Faras takes on rivals with plan to expand Tuesday December 12 2023 Faras general manager Allan Maimbu. FILE PHOTO | NMG Ride-hailing and on-demand services provider Faras plans to expand to Nakuru, Mombasa…

FTX is preparing to unveil an updated plan for its reorganization by mid-December. This plan, aimed at reshaping the future for unsecured creditors, comes amid a flurry of activity surrounding the company's bankruptcy proceedings.The…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK home secretary James Cleverly will on Tuesday sign a new treaty with Rwanda in an attempt to overcome the legal…

Bitcoin (BTC) miner Core Scientific has released a presentation outlining its plans to emerge from bankruptcy in early January 2024. The presentation is based on the third amended joint Chapter 11 plan filed on Nov. 16 and includes an audio…