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President Biden issued a pardon for his son Hunter Biden Sunday evening in a major reversal after Joe Biden repeatedly vowed not to use his executive authority to intervene in his son’s criminal cases. Hunter Biden was set to be sentenced on December 12 for his federal gun conviction and on December 16 for his

Art Cashin, UBS’ director of floor operations at the New York Stock Exchange who spent more than 60 years on Wall Street, has died aged 83. “It is with a heavy heart that I inform you of the passing of ArthurCashin, Jr., a true giant in our industry, highly regarded market pundit,” Bill Carroll, head of sales

President-elect Donald Trump has named billionaire investment banker Warren Stephens as his envoy to Britain, a prestigious posting for the Republican donor whose contributions this year included $2 million to a Trump-backing super PAC. Trump, in a post on his Truth Social site Monday evening, announced he was selecting Stephens to be the US ambassador to

President-elect Donald Trump has named billionaire investment banker Warren Stephens as his envoy to Britain, a prestigious posting for the Republican donor whose contributions this year included $2 million to a Trump-backing super PAC. Trump, in a post on his Truth Social site Monday evening, announced he was selecting Stephens to be the US ambassador to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has banned shipments to the US of several “dual-use” minerals and metals used in semiconductor manufacturing and military applications, in a rapid retaliation by Beijing against export curbs from Washington that pushed the shares

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Moscow has approved a €300mn deal to sell the Russian assets of Danish brewer Carlsberg to a local company, according to government documents seen by the Financial Times.  Russia took control of Carlsberg’s subsidiary Baltika

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Office for National Statistics has admitted it may not be able to replace its faulty labour force survey until 2027, leaving policymakers facing further uncertainty over the state of the UK jobs market. Switching

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s top financial watchdog has opened the door to China’s fast-fashion group Shein joining the London Stock Exchange by saying its decisions on whether companies can list in the UK are based only on

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief executive of Unlock, a charity that campaigns for reformed offenders Louise Haigh committed a crime more than 10 years ago. Before she was an MP, the woman who was Sir Keir

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK faces a “widening gap” in its ability to tackle cyber threats as AI and readily available technologies increase the scale and severity of attacks, the head of the country’s top cyber security agency

Cargill, the world’s largest agricultural commodities trader, is cutting 5 per cent of its 164,000-strong workforce after missing profit targets. The Minneapolis-based company aims to streamline operations under a 2030 strategy outlined by chief executive Brian Sikes. The cuts follow a sharp drop in revenues to $160bn for the fiscal year ending May 2024, from

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A judge in Delaware rejected Tesla’s attempt to restore Elon Musk’s record $56bn pay package after previously striking it down as a breach of the fiduciary duty of the electric-car maker’s board, dealing a blow

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT