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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. Eurozone inflation rose to 2.3 per cent in November, exceeding the European Central Bank’s target for the first time in three months. The rise in consumer prices was in line with economists’ expectations and surpassed
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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. Swiss private bank Lombard Odier has been charged with aggravated money laundering by Switzerland’s federal prosecutor. In charges filed on Friday, the prosecutor said Lombard Odier — one of the country’s most illustrious financial institutions
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Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. China’s long-term bond yields have fallen below Japan’s for the first time, as investors bet that the world’s second-biggest economy will become bogged down by the deflation that has long afflicted its neighbour. A rally
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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. Decades ago, I might have been sacked for being pregnant, or seen my pay crash to zero after giving birth. These days (mostly through the FT) I get job protection, a generous chunk of maternity
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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. Britain’s Labour party came to power on a mandate to boost the UK’s underperforming economy. In its first five months in government it has made the task even harder by sapping the “animal spirits” of
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France’s borrowing costs have surpassed those of Greece as investors fret about the French government’s ability to pass a deficit-trimming budget — and its ability to survive at all. The far-right Rassemblement National, led by Marine Le Pen, has threatened to back a censure motion against the government as soon as next week unless its
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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. Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover bid for its smaller rival. The FTSE 100 insurer began to approach its target’s shareholders on
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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. Can an offer at a near-60 per cent premium to the market price substantially undervalue a company?  That is what Direct Line Group’s board maintains. The UK insurer rejected a £3.3bn offer from Aviva which
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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. Takeover interest in UK companies stepped up on Thursday, as Macquarie made a fresh offer for waste management group Renewi, marking the third approach for a London-listed group in less than 24 hours. Macquarie announced
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Staring at the enormous mound of rubble that used to be her home, Mariam Hosni clutched her daughter’s hand, which gripped a picture of Hizbollah’s venerated former leader Hassan Nasrallah, assassinated by Israel as it escalated its offensive two months ago. The Hosnis’ building in Beirut’s southern suburbs was levelled in the fierce Israeli bombardment
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Just_super | E+ | Getty Images Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer is yes — AI could prove a positive “critical shock” for the country’s fiscal health.  A working paper released
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