Donald Trump loves big oil. Does big oil love him back?

DONALD TRUMP likes oil—and oilmen. He gushes about “liquid gold” with as much ferocity as Spindletop, an oil well that spat out perhaps 1m barrels over nine days in 1901 and turned nearby Houston into a boomtown. In his first administration he named Rex Tillerson, former chief executive of ExxonMobil, America’s mightiest hydrocarbon firm, as…

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Barnfield Customs: slowing down menswear in a fast fashion world

There’s fast fashion and slow fashion. And then there’s really slow fashion, which is where Barnfield Customs comes in. The British menswear brand makes high-end outerwear and knitwear “for those who value patience, provenance and purpose”. Barnfield Customs Each year, the Nottingham-based firm launches a selection of “unique and limited edition” jackets. And with a…

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Shein and Temu are in Donald Trump’s cross-hairs

For American consumers, online shopping has just got dearer. On February 1st Donald Trump did away with a decades-old provision, known as the de minimis waiver, that exempted goods under a certain value (lately $800) from customs duties. With the same stroke he raised tariffs on Chinese goods by 10%. Then on February 5th the…

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Gasperini keen on Arnaud Kalimuendo as striker option

While awaiting the first official moves in the Giallorossi transfer market, Gian Piero Gasperini has already made it known that he wants to change something in the team’s attack. The names of Dovbyk and Abraham, for different reasons, do not convince the veterancoach, who is looking for a profile with greater mobility and the ability…

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Scottish Widows to slash UK equity exposure

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Scottish Widows, one of Britain’s largest pension providers, is preparing to significantly reduce its allocation to UK equities just as the government is pushing retirement funds to invest more in British companies.  The group, which…

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