EU pushes magnet recycling to cut reliance on China
Proposed ban on export of permanent magnets is latest bid to secure critical minerals supply after China export restrictions
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November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports
The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.
AI era requires ‘totally different’ approach to regulation, says FCA boss
Pace of change requires ‘different relationship between regulator and regulated’, Nikhil Rathi tells FT conference
Glencore slashes 1,000 jobs as part of cost-cutting drive
Swiss company also unveils plans to double copper production over next 10 years
Russia strengthens financial ties to China with first renminbi bond
Country’s $3bn ‘dim sum’ bond will help finance war in Ukraine and could lead to many more