The day the truce between Israel and Hamas shattered, Israeli war planes swooped over Gaza to start bombing again. In Rafah, the furthest edge of southern Gaza before the walled border with Egypt, a man covered in ash screamed to the heavens, begging for mercy. “Where is the world?” he wailed. “Can’t you see two
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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. UN climate talks on how to limit global warming have focused on renewable energy for too long, according to the chief executive of ExxonMobil, the biggest western oil supermajor. In an interview with the Financial
Whether you’re starting out in real estate, or have been involved in your profession for decades, the reality is that errors will happen. Part of growing both personally and in your line of work involves making mistakes. It’s often what happens after a misstep that is most important. If you can reflect on the event
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Richard Branson has ruled out putting more money into his lossmaking space travel company Virgin Galactic, saying his business empire “does not have the deepest pockets” any more. Virgin Galactic, which was founded by
British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an equilibrium between technological advancements and potential drawbacks. Members of the Treasury Select Committee have expressed reservations regarding the possible launch of a retail digital pound, underscoring the need for thoughtful examination before execution. Despite recognizing
Women wine professionals have come a long way since my first visit to Australia in 1981, when I was introduced to Pam Dunsford of Chapel Hill in McLaren Vale as the country’s only woman winemaker. Today, a huge proportion of the leading champagne houses have female chefs de cave. Women make up very nearly half
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Should we mourn the slow death of the traditional funeral? The soaring cost of ceremonies and an increasingly secular society mean that fewer than half of Britons now want a funeral, according to a study
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is clinical professor for business and society, and founding director of NYU Stern Center for Sustainable Business Amid a mounting backlash against ESG, critics have argued that investors should care less about benchmarks
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US, UK and Australia have agreed to boost their ability to monitor “emerging threats” in space, in one of several new initiatives linked to the trilateral security pact they signed in 2021 as part
Moody’s Investors Service Friday lifted Ohio’s issuer default and general obligation ratings to triple-A based on strong financial management and an economy that’s “poised for diversification and growth.” The state now boasts the coveted top issuer rating from Moody’s and Fitch Ratings, which upgraded it in September, 2022. S&P Global Ratings pegs the state one
Ether (ETH) is trading higher on Dec. 1, despite its inability to breach the $2,100 resistance. This level has prompted several rejections in the past three weeks, which is especially concerning given Ether’s 16.2% gains in November. Ether 12-hour price index, USD. Source: TradingView However, the current positive momentum is supported by several factors, including
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The Biden administration has moved to choke off China’s role in the US’s electric vehicle supply chain with rules that critics allege will slow the transition from petrol-fuelled cars. The US Treasury announced on Friday
El Salvador President Nayib Bukele, who was behind legislation recognizing Bitcoin (BTC) as legal tender in the country, has stepped down from office to campaign. On Dec. 1, Bukele resigned as the President of El Salvador following approval from the country’s Legislative Assembly, allowing him to take a leave of absence to focus on his
Municipals were firmer Friday ahead of a large new-issue calendar, which boasts billion-dollar-plus deals from Pennsylvania and the New York City Transitional Finance Authority along with a sizable taxable Hawaii general obligation bond deal. U.S. Treasuries were rallying and equities were up near the close. Triple-A yields fell up to six basis points, depending on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. World Bank president Ajay Banga said the hundreds of millions of dollars committed to a fund to help poor countries with climate loss and damage would not be spent on any projects before a raft
The highly publicized Florida Gov. Ron DeSantis v. California Gov. Gavin Newsom debate frequently devolved into a shoutfest. Fox News moderator Sean Hannity mostly stuck to his promise to moderate and not join the debate after introducing himself as a well-known conservative. Democrat Newsom, who recently outed himself as a friend of Hannity’s, said he
King Charles III addressed the COP28 summit in Dubai on Friday wearing a tie emblazoned with the Greek flag, in a week that saw a big diplomatic bust-up between London and Athens. The dispute erupted after Rishi Sunak, UK prime minister, cancelled a meeting with his Greek counterpart on Tuesday, accusing Kyriakos Mitsotakis of using
It is hard to recall a figure whose death has evoked more polarised reactions than that of Henry Kissinger. The last of America’s grand strategists was as reviled as he was adulated — often by the same people. Many prominent Americans who as students in the 1970s loathed the Vietnam war and the secret bombing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jensen Huang, the laconic, leather-jacketed chief executive of Nvidia, is enjoying a number of triumphs. The technology group that he co-founded and runs is now the world’s sixth most valuable company, and its chips and
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. In the days when Armani-suited TV executives displayed their charismatic socks while lounging in directional chairs and making rulings about the tastes of the Great British Public, the old saw was that you could never axe
Bitcoin (BTC) rallied about 9% in November, with $38,000 proving to be a difficult obstacle to cross. Buyers have repeatedly tried to maintain the price above $38,000, but the bears have held their ground. Historically, December has been a mixed month. Coinglass data shows that in the past five years, Bitcoin rose only in 2020,