Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Carlyle-backed investor Abingworth is tapping investors for a fund worth up to $1.5bn to bankroll clinical trials, as it pioneers partnerships with big pharmaceutical companies for a share of royalties from new drugs. The UK-based
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Stay informed with free updates Simply sign up to the UK companies myFT Digest — delivered directly to your inbox. Nick Train, one of the UK’s best-known fund managers, has branded the sale of British chip designer Arm “a mistake” that potentially dissuaded other technology companies from listing in London. The fund manager said Arm
Elon Musk has stepped up his attacks on the UK since the election of Sir Keir Starmer’s Labour government, branding the country “a police state”. But he enjoys a warmer relationship with former prime ministers Boris Johnson and Tony Blair, who have both attempted to strengthen ties with the world’s richest man, now one of
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world President-elect Donald Trump has said he will appoint Kash Patel, a loyalist and hardline critic of the “deep state”, to lead the FBI, signalling he will seek to remove Christopher Wray as head
For the past few years, Syria has been locked in an uneasy stalemate, fragmented and devastated after more than a decade of civil war, but with the front lines frozen and the worst of the fighting seemingly over. The regime of President Bashar al-Assad had claimed a Pyrrhic victory after brutally crushing a rebellion with
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US president-elect Donald Trump on Saturday threatened tariffs of 100 per cent against the so-called Brics countries unless their governments agree not to create a new currency as an alternative to the US
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Protesters in the Georgian capital Tbilisi took to the streets on Saturday for a third night as public anger mounted over the government’s decision to freeze EU accession talks. Violent clashes with police broke out
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gautam Adani said that “every attack makes us stronger” in his first public remarks about the US corruption charges he is facing in connection with a bribery scheme. The Department of Justice indicted Adani and
OpenAI is betting on a suite of new AI products, building its own data centres and a crucial partnership with Apple to supercharge its next phase of growth, as it targets reaching 1 billion users over the coming year. The San Francisco-based group, whose popular ChatGPT chatbot has rocketed to 250mn weekly active users since
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Prime Minister Justin Trudeau dined with Donald Trump on Friday, after the US president-elect threatened to hit Canadian imports with steep tariffs on the first day of his presidency. The meeting at Trump’s
GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor incorporates proven components. Courtesy: GE Verona GE Vernova is aiming to deploy small nuclear reactors across the developed world over the next decade, staking out a leadership position in a budding technology that could play a central role in meeting surging electricity demand and reducing carbon dioxide
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rebel forces have swept into Syria’s second city Aleppo after mounting a lightning offensive that poses the biggest threat to Bashar al-Assad’s regime in the simmering years-long civil conflict. Images circulated on Friday night on
Walking briskly over the Pont Neuf towards the Louvre, as night fell over Paris, I began to see other people hurrying in the same direction, some holding long white candles. “Quick!” said a young woman to her children, “We’re going to miss her!” Word had spread a few days earlier that the 14th-century Virgin and
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. His art was the other interesting thing about him. Frank Auerbach, the painter who died on November 11, put blob of colour over encrusted blob of colour until his work was literally heavyweight. (A
In 2024, artificial intelligence is consistently front-page news. From Nvidia hitting a trillion-dollar market cap to the growing energy usage of data centres, it is the most discussed technology of our time. And it is a technology that the US dominates, with three of the most valuable AI start-ups, Anthropic, OpenAI and xAI, based there.
They set you up, your mum and dad. Had Philip Larkin written his poetry in the 2020s, he might have removed the expletive from his famous poem to reflect the reality of modern parental financial support. Children of wealthier parents start their adult lives with enormous financial advantages. The Bank of Mum and Dad (Bomad)
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ireland’s nationalist Sinn Féin party overtook its political rivals to win 21.1 per cent in Friday’s general election, according to an exit poll, in a photo finish to a tight race. The conservative Fine Gael
<img src=”https://public.flourish.studio/visualisation/20548015/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were lightly traded in a post-Thanksgiving holiday-shortened session, but the asset class held onto a firmer tone Friday following an improved U.S. Treasury market, ahead of what’s building up to be a sizable new-issue slate for the first week of the last month of 2024. Demand for paper
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