In this article COST CYB-FF UBER Follow your favorite stocksCREATE FREE ACCOUNT The logo of Uber is seen at a temporary showroom at the Promenade road during the World Economic Forum 2023, in the Alpine resort of Davos, Switzerland, on Jan. 20, 2023. Arnd Wiegmann | Reuters The Federal Reserve’s forecast for three rate cuts
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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. James Cleverly, the UK home secretary, has apologised for making a joke at a recent Downing Street reception about spiking his wife’s drink with a “date rape” drug. His comments came just after the government
Standing between two Christmas trees topped with red “Make America Great Again” caps this week, Donald Trump told a crowd of several hundred supporters in Waterloo, Iowa, that his poll numbers were “scary because we are leading by so much”. “We are leading by 30 to 40 points, I guess, but we have got to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s Prime Minister Benjamin Netanyahu has vowed to fight on in the war against Hamas, despite a mounting death toll and growing international calls to alleviate the humanitarian suffering in the Palestinian enclave and halt
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A chemical tanker operating in the Indian Ocean has been attacked by a drone launched from Iran, according to the US military, expanding the threat faced by international merchant shipping. The Pentagon said in a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. On December 24, the Holy Trinity Church in Shanghai will hold its first Christmas Eve service in some time. The second restoration of the 1869 building, one of the oldest of its kind in China
With just three weeks to go until Taiwan’s presidential election, emotions are running high in one of the world’s biggest geopolitical flashpoints. The ruling Democratic Progressive party’s candidate Lai Ching-te has said the opposition’s plans for closer ties with China put the country’s sovereignty and democracy at risk. Hou Yu-ih, running for the opposition Kuomintang,
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. (noun) A large language model that can create text, images and code that mimic human ability In 2023, artificial intelligence burst into the mainstream. The decades-old discipline had been advancing quickly in recent years, steadily
Puzzle app Royal Match, developed by a small team in Istanbul, has overtaken Microsoft-owned Candy Crush Saga as the most lucrative mobile game in the world, outshining other smartphone titles during a lacklustre 12 months for the industry. Royal Match became the biggest mobile game by monthly revenue globally in July and has held the
On a day in May this year, the head offices of Tingo Group in Lagos had none of the markers of a global multimillion-dollar technology company. Occupying two floors in a high-rise building in the city’s old commercial district, there was broken furniture, fewer than 20 staff and none of the buzz of an operation
Cryptocurrency miners are spending heavily on the newest technology to earn more bitcoins, trying to gain market share and squeeze out rivals ahead of a halving of their rewards in around four months’ time. Miners listed on the world’s stock exchanges have this month committed to spending around $600mn on buying new chips and servers
Crypto companies have sharply increased donations to US politicians as sentiment in Washington hardens against the digital assets market. Companies including Coinbase, the Nasdaq-listed exchange, stablecoin operator Circle and a16z, the crypto investing arm of venture capitalists Andreessen Horowitz, are directing more funds towards electing pro-crypto legislators and influencing stalled bills in Congress ahead of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A new variant of Covid-19 is spreading rapidly across the US this holiday season, even as Americans’ interest in getting vaccinated has faded. JN. 1, a sub-variant of Omicron that has an additional mutation
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland’s president Andrzej Duda said on Saturday that he would veto a bill that is part of Prime Minister Donald Tusk’s budget in an escalation of the conflict between the country’s rival political parties over
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone invested more in European real estate than in any other region in 2023, as the world’s largest commercial property owner picked up bargains from market turmoil and distressed sellers. Real estate deal-making collapsed this
In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant Swiss bank with a balance sheet of $1.6 trillion. Fabrice Coffrini | Afp | Getty Images Company: UBS Group AG (UBS) Business: UBS Group AG is
The ceremonial lighting of the Christmas tree in Bethlehem was expected to be so popular this year that the city authorities planned to stage it twice, to better accommodate the crowds. Now, Bethlehem will have no Christmas tree at all. The Palestinian hilltop town, considered by Christians as the birthplace of Jesus, is in mourning,
All those years of black bag work for CIA and the final place I ever hit was also the nicest, even if I didn’t ever confirm the rumoured Vermeer. That job was a villa outside Rome, and it was really more of a palace. The analyst’s report had hinted at the Vermeer, but a man
Stay informed with free updates Simply sign up to the Retail & Consumer industry myFT Digest — delivered directly to your inbox. Father Christmas can do astonishing things: make presents to order for every child, fly in a reindeer-drawn sled and remain constantly jolly. But one of his greatest skills is being able to deliver
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Supreme Court has rejected a request by the US Department of Justice to fast-track a decision over whether Donald Trump is “absolutely immune” from federal prosecution for crimes allegedly committed while he was in
Tony Blair has revealed that his institute is on course to make $140mn in annual revenues and provide advice to more than 40 governments, underscoring the enduring political influence of the former UK prime minister. In an interview in his West End office, Blair told the Financial Times he would not sell the Tony Blair