Kuwait to launch $5bn stake sale

Government seeks to stoke growth in the Gulf state’s private sector

Editor’s choice

Bill Gross poses at investment firm Janus Capital Group, Inc. in Denver, Colorado in this undated handout photo provided by Figge Photography on October 10, 2014. Gross, in his first public appearance since his shocking departure from Pimco, said there will be more flexibility in managing less money at Janus Capital Group Inc, but said he was disappointed over being forced to leave Pimco. REUTERS/Figge Photography/Handout via Reuters (UNITED STATES - Tags: BUSINESS PROFILE) ATTENTION EDITORS - NO SALES. NO ARCHIVES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS ©Reuters
Questions asked about the long-term future of Bill Gross and if he can repeat his Pimco success
Illustration for 'Star-crossed quest for nextMohamed El-Erian'
Finance ministers and bankers at IMF annual meeting lament a lack of leadership, says Yuri Bender
DYHG27 Bank of England
©Stephen Burrows/Alamy

High stakes to keep rates low

The case for the 0.5 per cent interest rate is weakening

Copycat managers cannot beat the market

Findings raise questions over investment skill

Shane Sutton, Britain's head cycling coach, photographed outside the FT this afternoon.
©Charlie Bibby

Marginal gains in fund management

Stockpickers are turning to cycling and behavioural economics

Hedge funds climb market wall of worry

Investors reappraise outlook after Treasury yields ‘flash crash’

Corporate India frets over debt levels

Nation’s industrial and banking sectors enter new political era still undercapitalised

Lloyds says 60,000 new homes needed

Bank launches fund to help housebuilders increase supply

US spectrum auction: cash, or carry on

Local TV stations’ spectrum may be worth more than their operations

Investors weigh Venezuela debt default

Cost of buying insurance against default jumps to five-year highs

IBM shares slide as profit and sales fall

Third-quarter results blow to largest shareholder Warren Buffett

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