PRESS DIGEST-Financial Times - December 30
Dec 30 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
- UK's Octopus Energy to sell stake in tech spin-off Kraken at $8.65 billion valuation
- Lululemon founder Chip Wilson calls for board overhaul at struggling fitness brand
- Meta buys Chinese-founded AI start-up Manus
Overview
- Octopus Energy reached an agreement to sell a minority stake in its Kraken Technologies unit, a deal that would value the software company at $8.65 billion and pave the way for its potential public listing.
- Activewear maker Lululemon's LULU.O founder Chip Wilson launched a proxy fight by nominating three independent directors to the company's board, just over two weeks after the exit of CEO Calvin McDonald.
- Meta META.O said it would acquire Chinese artificial intelligence startup Manus, as the technology giant accelerates efforts to integrate advanced AI across its platforms.
Related Articles
Silver Surges Then Flash Crashes. Safe-Haven Asset Or Speculative Bubble? What Is the Truth of Market Turmoil?
TradingKey - The global precious metals market experienced extreme volatility by the end of 2025. Silver prices plunged nearly 9% on December 29, marking the largest single-day drop since 2021. As silver futures prices plummeted, related precious metals ETFs and mining stocks also saw synchronous de
TradingKey 2025 Markets Recap & Outlook | Gold Records Its Best Performance in Half a Century, Wall Street Predicts $5,000 Breach in 2026
TradingKey - Amid escalating global economic uncertainty, gold is experiencing its best performance since 1979, achieving its largest increase in 46 years. As 2025 draws to a close, major Wall Street institutions have confirmed gold's status as the best safe-haven asset, with a consensus forming tha
TradingKey 2025 Markets Recap & Outlook | Global Central Banks 2026 amid Post‑Easing Recovery and Diverging Paths
TradingKey - In 2025, major global central banks will largely maintain an accommodative stance, but the policy pace will decelerate notably. As the easing cycle draws to a close, how will global monetary policy evolve?
Ripple Price Prediction: Why Is XRP Price Falling? Can It Rise to $10 in the Future?
XRP has weakened this year due to profit-taking, capital outflows, and its correlation with Bitcoin. Despite support from potential spot ETFs and positive regulatory developments, significant market divergence, liquidity uncertainty, and macroeconomic uncertainty remain high. XRP's price is likely t
Why Is the "Altcoin Season" Delayed? Will Altcoins Perish?
The anticipated "altcoin season" has yet to materialize, constrained by a lack of fresh market capital and Bitcoin's continued dominance in absorbing available funds. This does not mean all altcoins will perish; however, a segment of these tokens will gradually exit the market. Therefore, caution is
