Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter. UK Prime Minister Sir Keir Starmer addresses the Labour party conference, acknowledging tough times ahead but promising national renewal through reforms despite tight public finances and a need for innovative solutions. Starmer faces challenges such as falling poll ratings and financial constraints, but aims to reassure the public with plans for rebuilding public services, addressing climate change, and ensuring economic growth while maintaining fiscal responsibility.
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Why MP Materials Stock Was a Massive Winner This Week
MP Materials, the only rare earth miner and processor in the U.S., saw its shares rise over 16% last week due to favorable news amidst a U.S.-China trade standoff. The company announced it would cease shipping rare earth concentrate to China, emphasizing that selling materials under high tariffs is not aligned with national interests, as much of its production serves clients outside China. While the bullish market reaction is notable, investors are cautioned about the...
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