Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How do readers find the books they love? Every year, the bestseller lists feature celebrity memoirs and works by dazzling and established literary stars — but also reader-driven surprises, from Sarah J Maas’s romantic fantasy
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The smell of fried pork permeates the kitchens of Hoxton Farms in east London and yet no pig was slaughtered to make the dish sizzling away on the hob. Thanks to advances in biotechnology, the meat on this pork belly is plant-based but the fat is identical to the real thing, only cultured from cells
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe must curb welfare spending and tax cuts to deter a “more aggressive Russia” with prolonged defence and security funding increases, according to Denmark’s prime minister. Mette Frederiksen told the Financial Times that the “naive”
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The writer is a non-resident senior fellow at the Peterson Institute for International Economics. She is a director of the International Affairs Program and vice-president for foreign policy at the Kyiv School of Economics
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investing billions in social housing would “save the taxpayer money” over the long term by cutting benefits payments and health costs, according to research by England’s National Housing Federation and the charity Shelter. The upfront
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Jeremy Hunt lacks the fiscal firepower to prevent Britain’s taxes climbing to a record high as a share of national income no matter what he announces in next week’s Budget, new analysis has found. Tax
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. French President Emmanuel Macron said sending western troops to fight in Ukraine “could not be ruled out” and that Paris would drop its long-standing opposition to purchasing emergency artillery supplies for Ukraine from outside
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation, which are asserting their right to pre-empt its purchase of a stake in
Bob Iger, Disney chief executive, has shaken up the company’s live action movie studio after recent box office disappointments, including Haunted Mansion and Jungle Cruise. Sean Bailey is stepping down after 15 years as president of Walt Disney Studios Motion Picture Production, a tenure that produced successful remakes of The Lion King, Beauty and the
Municipals were steady to start the week as investors await the larger new-issue slate, outperforming U.S. Treasuries, while equities were mixed near the close. The two-year muni-to-Treasury ratio Monday was at 58%, the three-year at 57%, the five-year at 56%, the 10-year at 57% and the 30-year at 81%, according to Refinitiv Municipal Market Data’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese maritime research vessels have dramatically increased incursions into waters just 24 nautical miles off Taiwan’s coast, as Beijing signals its growing surveillance capabilities and collects data crucial for naval warfare. The latest operations include
Municipal bond market veteran Ted Hynes has been promoted to become head of Raymond James fixed-income sales, the firm announced Monday. Based in New York City, Hynes has almost 40 years of experience in the fixed-income markets. He will lead a sales force of more than 150 professionals serving institutional fixed income investors comprised of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Manhattan district attorney Alvin Bragg has asked a court to prevent Donald Trump from publicly disparaging jurors, witnesses, lawyers or court staff in the lead-up to his criminal trial next month. In a motion filed
A stark decline in reserves and cash on hand that could put bond covenants at risk resulted in San Diego-area Palomar Health’s ratings being placed under review for downgrade by Moody’s Investors Service. Moody’s currently rates the general obligation bonds A1 and the revenue bonds Baa3. If the revenue bond ratings are downgraded one notch,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A panel of experts has identified “inadequate and confusing” safety processes at Boeing and a “disconnect” between senior managers and the rank and file in a report that raises new questions about operations at the
Milos Dimic | E+ | Getty Images With various factors keeping homeownership out of reach for Americans, many aspiring homeowners are pessimistic, doubting they ever achieve that goal. Would-be buyers point to two major obstacles holding them back, according to a new Bankrate report. About half, 51%, point to a high cost of living, and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are countless reasons why Britain cannot build enough homes. It doesn’t have enough skilled tradespeople. Raw material costs, from concrete to steel, are elevated. Developers are blamed for “land banking” — buying land and
Municipal bond analysts should expect increased uncertainty as they work to assess the impact of pensions and other postemployment benefits on credit quality in 2024. Pension risk — the possibility that pension and other postemployment benefit costs can rise to such a degree as to impair a bond issuer’s ability to pay its debts —
Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. The writer is co-founder of GlassView and co-author of ‘Le Capitalisme contre les inégalités’ In its latest annual report, Nvidia, the main provider of semiconductors for artificial intelligence, did not even bother reporting its revenues
Clarity from a recent court ruling along with the level of current interest rates will likely lead to a dramatic increase in Build America Bonds being called by issuers this year, market participants say. While only a small amount of BABs have been called using an “extraordinary redemption provision” since sequestration of BABs subsidies began
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sweden has overcome the last remaining hurdle in its quest to become a Nato member as Russia’s full-scale invasion of Ukraine redraws the geopolitical map. Hungary’s parliament voted on Monday to approve Stockholm’s application to