Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tehran is opening its curtains. After decades of architectural opacity, Iranians are embracing a bold new trend: apartments featuring expansive, floor-to-ceiling glass windows in living rooms, bedrooms and even kitchens. This emerging aesthetic reflects more
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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. When a stock market is shrinking, delistings are demoralising. On Wednesday, Just Eat Takeaway said it would ditch its secondary London listing. It’s a sensible move for the lossmaking company which needs to cut costs.
Just days after Robert F Kennedy Jr succeeded in putting his allies into the top health jobs in Donald Trump’s next administration, there are signs his “Make America Healthy Again” movement is starting to splinter. Behind closed doors at Trump’s Mar-a-Lago country club and at Kennedy’s nearby Palm Beach residence in recent days, tensions have
This is an edited transcript of a Financial Times interview with European Central Bank president Christine Lagarde. The interview took place at the ECB’s Frankfurt headquarters on the afternoon of November 25. Financial TimesYou said recently that the geopolitical landscape was fragmenting into rival blocs where attitudes towards free trade were being called into question.
Christine Lagarde has urged Europe’s political leaders to co-operate with Donald Trump over tariffs and buy more products made in the US, warning that an acrimonious trade war risks wiping out global economic growth. The European Central Bank chief said in her first interview since Trump won his second presidential term that the EU needed
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump is considering naming an aggressive enforcer to lead the Department of Justice’s trustbusting team, as top Republicans set their sights on alleged anti-competitive conduct by Big Tech. Gail Slater, a top
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, alleging they conspired to curtail coal supplies to further “a destructive, politicised environmental agenda”. The federal antitrust lawsuit accuses the three largest US index fund managers of using their holdings in the coal producers to constrict supplies and drive up prices in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock has a handshake deal to buy HPS Investment Partners, as the world’s largest asset manager looks to bolster its alternative investment business with the addition of one of the biggest private credit groups on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Direct Line surged 37 per cent on Thursday after the UK motor insurer rejected a takeover bid from larger rival Aviva. Aviva, one of Britain’s largest insurers, said late on Wednesday that it
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. France has suggested it would not necessarily detain Israeli Prime Minister Benjamin Netanyahu if he entered the country despite an outstanding arrest warrant issued by the International Criminal Court over alleged war crimes in Gaza.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The new government of Mauritius has raised concerns about UK plans to secure a key US military base after giving up sovereignty of the Chagos Islands, people familiar with its thinking said. British Prime Minister
Jackson Hospital engaged Allen Wilen, partner at Eisner Advisory Group, as the chief restructuring officer in early September. The defaulted issuer Jackson Hospital & Clinic of Birmingham, Alabama, is set to receive bridge loans from some of the holders of its bonds. Investors participating in talks with the hospital have agreed to loan up to
<img src=”https://public.flourish.studio/visualisation/20515760/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were firmer Wednesday following U.S. Treasury yields lower as economic indicators sent investors the signal the Federal Reserve will likely continue on its rate-cutting path. “While this month’s core PCE inflation, data was certainly a little higher than the Fed would like it to be, it was very
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US has pressed Ukraine to lower its military recruitment age to 18 to address a severe shortage of manpower that has weakened its position on the battlefield and led to the fastest
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. After more than a year of unimaginable death and destruction in the Middle East, there is finally a moment of hope. At 4am local time on Wednesday, a US-brokered ceasefire came into effect to halt
<img src=”https://public.flourish.studio/visualisation/20514185/thumbnail” width=”100%” alt=”chart visualization” /> Issuance fell in November year-over-year, marking the first month supply has declined in 2024, as election-related uncertainty and fewer available pricing days kept volume low. Despite this, bond volume in 2024 will break issuance records. November’s volume was at $24.743 billion in 607 issues, down 33% from $36.918 billion
Stay informed with free updates Simply sign up to the ESG investing myFT Digest — delivered directly to your inbox. Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, alleging they conspired to curtail coal supplies to further “a destructive, politicised environmental agenda”. The federal antitrust lawsuit accuses the three largest
“By modernizing this key venue, we will not only attract more events and visitors but also stimulate local businesses and create a vibrant atmosphere in the area,” said D.C.’s Democratic Mayor Muriel Bowser. “Our agreement stipulates that at least 40% of contracts will be awarded to certified business enterprises, with an ambitious goal of reaching
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US President Joe Biden has provisionally approved a $680mn weapons sale to Israel, a fresh shipment of precision weapons that Israeli Prime Minister Benjamin Netanyahu cited as one reason for backing a ceasefire
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As Europe was miserably shivering with thermostats turned down and energy costs surging during the winter of 2022-23, the good news was that we in Britain were boosting net inclusive income per head. Everyone in
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