When she arrived in the City of London on Thursday evening, chancellor Rachel Reeves was on a rescue mission. Labour’s relations with business, carefully nurtured over years of breakfast meetings in the run-up to July’s election, had soured after last month’s tax-raising Budget. Mingling in the champagne reception ahead of the Mansion House address, one
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is a professor of history at Princeton University The autopsy results have been flooding in. Democrats’ hopes of retaining the US presidency perished, so the diagnosis goes, because of what the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European markets are lagging behind Wall Street by a record margin after Donald Trump’s election victory pushed the region’s stocks lower and sent the euro tumbling. US stocks hit record highs after Trump secured his
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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. Gold prices have been hit with their worst weekly drop in more than three years as Donald Trump’s US election victory and a strong dollar send bullion’s historic rally into reverse. After jumping more than
The start of rolling power blackouts in Iran this week amid critical fuel shortages has exposed the vulnerability of the oil-rich country to US sanctions and underscored the impact of years of under-investment. Iran has the world’s third-largest oil reserves and second-largest natural gas reserves. And yet weary Iranians have in recent months had to
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Company: Meta Platforms (META) Business: Meta Platforms builds technologies that help people find communities and grow businesses. The company’s products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets,
In this article MSFT CEG Follow your favorite stocksCREATE FREE ACCOUNT Cooling towers at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. Danielle DeVries | CNBC MIDDLETOWN, Pa. — The owner of the Three Mile Island nuclear power plant is embarking on an ambitious plan to restart operations before the
Pyongyang has supplied Moscow’s army with long-range rocket and artillery systems, some of which have been moved to Russia’s Kursk region for an assault involving North Korean soldiers to push out Ukrainian forces, a Ukrainian intelligence assessment has found. In recent weeks, North Korea provided some 50 domestically produced 170mm M1989 “Koksan” self-propelled howitzers and
Donald Trump’s new administration will revive its “maximum pressure” pressure policy to “bankrupt” Iran’s ability to fund regional proxies and develop nuclear weapons, according to people familiar with the transition. Trump’s foreign policy team will seek to ratchet up sanctions on Tehran, including vital oil exports, as soon as the president-elect re-enters the White House
One summer’s evening in 2007, after a medical ethics conference at Oxford university, Charles Foster pushed off to the pub with a group that included the Australian philosopher Julian Savulescu. Foster, a barrister who lived in London and specialised in medical law, had never met Savulescu, a bigwig in medical ethics. They had both presented
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the FT’s food critic There’s a strong consensus forming in the US that the Democrats lost so catastrophically partly because the liberal establishment and “mainstream media” failed to understand the majority of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Eurozone debt crisis a decade ago was grim for all concerned. Even aside from the impact on people’s lives, every lurch lower in the euro felt a step towards the brink of an even
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. I was living in Washington four winters ago when Donald Trump made way, eventually, for Joe Biden. Something sticks with me from that time. If there had been no access to the news, no
The week when the transition team of President-elect Donald Trump named a TV journalist as defence secretary and revealed that the world’s richest man would be heading up a new department of governmental efficiency felt like a harbinger of regime change. Joe Biden was hailed in 2020 by relieved liberals as a course correction after
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nissan plans to warn ministers that the UK car industry has reached a “crisis point”, with jobs and competitiveness at risk unless the government relaxes electric vehicle rules, according to two people with direct knowledge
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Shale boss Chris Wright is the frontrunner to be Donald Trump’s energy secretary, a role which would put the oilman at the heart of the administration’s drive to loosen restrictions on the fossil
Standard Digital Standard & FT Weekend Print wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer will on Saturday warn angry business leaders and farmers that he will not retreat on the measures contained in last month’s controversial £40bn tax-raising Budget. The prime minister will insist that the
<img src=”https://public.flourish.studio/visualisation/20321862/thumbnail” width=”100%” alt=”chart visualization” /> Triple-A yield curves were little changed Friday ahead of an $8.4 billion new-issue calendar while U.S. Treasuries saw small losses across the curve and equities were in the red as mixed economic data, hawkish Fedspeak and major announcements on how President-elect Donald Trump’s new administration may take form hangs
A chip and snack food display at a convenience store in Miami Beach, Florida. Jeff Greenberg | Universal Images Group | Getty Images Processed food stocks tumbled on Friday as investors feared a crackdown under President-elect Donald Trump and ally Robert F. Kennedy Jr. Soda titans PepsiCo and Coca-Cola dropped more than 3% and 1%,
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