Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ryanair boss Michael O’Leary is on track to earn a €100mn bonus after the low-cost airline’s shares hit a record high this week. Shares rose to €18.99 on Friday, bringing their gains for the year
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How would you pronounce Kristalina Georgieva? The first name of the managing director of the IMF is easy enough for English speakers. The second is another matter entirely. For years, I have heard people pronounce it with one and often two soft Gs, like the sound of the ‘s’ in measure, as in Zhore-zhee-ay-vah. But
Two months into Russia’s full-scale war against Ukraine, I warned about “Ukraine fatigue”. In the event, western leaders and their publics surprised everyone by how resilient their support for Ukraine turned out to be — morally, financially and (although always several steps too late) militarily. But while it took much longer than I feared, Ukraine
The sultry western province of Kongo Central is loaded with Congolese history. It contains the seaports at the mouth of the Congo river from which Belgian colonisers siphoned off the exploited riches of the country and it was where Joseph Kasavubu, the Democratic Republic of Congo’s first president post-independence, was born and died. So it
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This week’s rally in global bond markets has shattered investors’ months-long assumption that interest rates in the US and elsewhere will remain higher for longer. The benchmark 10-year US Treasury yield, seen as a proxy
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli army misidentified shirtless male hostages waving a white flag in Gaza and shot all three in violation of its rules of engagement, a military official said on Saturday. The killing of Yotam Haim,
In this article TRMB Follow your favorite stocksCREATE FREE ACCOUNT Visoot Uthairam | Moment | Getty Images Company: Trimble (TRMB) Trimble is a provider of technology solutions that enables professionals and field mobile workers to improve or transform their work processes. It operates through four segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation.
Joe Biden’s upbeat forecasts for the US economy have been validated by the Federal Reserve’s signal that it will consider interest rate cuts next year, delivering respite to American households through lower borrowing costs after two years of high inflation. For months, Biden administration officials have been betting on a “soft landing” — one in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lloyd’s of London has agreed with its landlord Ping An to stay at its One Lime Street headquarters until at least 2035, in a mark of commitment to in-person trading at the heart of the
More than one in 20 MPs have been suspended from the House of Commons, left parliament altogether or been stripped of their party whip in the wake of misconduct allegations since the last general election. A total of 34 MPs out of 650 have quit or been disciplined by their party or by parliamentary colleagues
This article is an onsite version of our Europe Express newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday and Saturday morning A “remarkable strategic own goal by us” — that’s how Jake Sullivan, President Joe Biden’s national security adviser, this week described the risk of a lapse in
Something strange but awesome happened last week in Columbia Road, east London. Seven thousand people, who’d seen the street’s annual Christmas carol service on TikTok, turned up to join in. This shows the remarkable power of social media: the event was overwhelmed and had to be cancelled. But I like to think it also shows
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rudy Giuliani, the former New York City mayor who became involved with Donald Trump’s effort to overturn the 2020 US presidential vote, must pay a total of $148mn to two electoral workers in Georgia he
The hardest question in the world is something to do with quantum physics. The second hardest is, “How are you?” Sure, there are easy answers, but they are not good ones. Saying you are fine just puts the onus on your interlocutor to find something worth discussing. It should be a punishable offence. If instead
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Wall Street is on track for its longest streak of weekly gains in six years as a near-15 per cent rally in US stocks since late October puts blue-chips within sight of a record high.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Barclays is in danger of losing its prestigious position as the bank of Cambridge university after more than 200 years, as students and staff lobby for a greener lender. Cambridge has notified banks and asset
Municipals closed out the week firmer, boosted by Fed policy decisions and yearend positioning ahead of a fading new-issue calendar, while U.S. Treasuries traded in a narrow range all session and equities ended mixed. Triple-A yields fell up to five basis points Friday while USTs were mixed. Munis still underperformed taxables on the week, but
Ukraine’s Volodymyr Zelenskyy began this week hopeful that his two biggest allies in the face of Russia’s invasion would finally approve financial aid packages worth a total of $115bn. He ended it with little to show for it. Fraying support for Kyiv in Washington and Brussels coincided with Russian President Vladimir Putin vowing to attack
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s military expressed “deep remorse” on Friday after announcing that it had accidentally killed three Israelis held hostages in the Gaza Strip during fighting in the enclave. The Israel Defense Forces said that the incident
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The only thing Jay Powell could have done to deliver a stronger impression of a festive giveaway to global markets this week would have been to conduct his press conference decked in an oversized red
A proposed deal for a massive mixed-used arena project in Alexandria, Virginia, would be mostly financed through $1.05 billion in project revenue bonds issued by the newly named Virginia Stadium Authority. Details and hardening local opposition are emerging regarding the development of a 12-acre site in Potomac Yard, a former rail hub that straddles Arlington