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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Yandex, the company often referred to as “Russia’s Google”, has agreed to sell its operations in the country in a cash-and-shares deal worth Rbs475bn ($5.2bn) to a consortium of Russian investors and spin off its
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When it comes to antitrust policy, Americans are from Mars and Europeans from Venus. That was my takeaway from a major competition policy conference last week in Brussels, where all the top US and European
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Consider the tale of two $20bn-something companies — both of them private equity buyouts. Thirty-five years ago, when Kohlberg Kravis Roberts pounced on the food-to-tobacco conglomerate, RJR Nabisco, the private equity industry hit mainstream headlines
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Celebrations will ring out across Asia and beyond this Saturday with the beginning of the next lunar year — the year of the dragon for most countries that mark the occasion. Before that, Pakistan goes to the polls amid heightened political controversy. Former prime minister Imran Khan will not be taking part, having been sentenced
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Iran used two of the UK’s biggest banks to covertly move money around the world as part of a vast sanctions-evasion scheme backed by Tehran’s intelligence services. Lloyds and Santander UK provided accounts to British front companies secretly owned by a sanctioned Iranian petrochemicals company based near Buckingham Palace, according to documents seen by the
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The head of Emirates Airline has warned Boeing was in the “last chance saloon” as he prepared to send his own engineers to oversee the plane maker’s production lines after witnessing a long decline in
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak will arrive in Northern Ireland on Sunday evening to meet politicians and community groups after the historic restoration of the region’s devolved government following two years of paralysis. The UK prime minister is
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Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Jeremy Hunt has ordered Whitehall’s fiscal watchdog to review the “tourist tax”, raising campaigners’ hopes that the chancellor is poised to reverse the policy. The Conservative government scrapped VAT-free shopping for international visitors to the
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour is delaying plans to abolish the House of Lords as Britain’s main opposition party hones its policy platform ahead of the general election expected this year. Sir Keir Starmer’s party has axed proposals to
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The British people are disillusioned. That is the conclusion to be drawn from recent polling on their trust in their government and politics. This is bad enough in itself. But low political trust risks creating
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