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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. Rachel Reeves will not hold an emergency tax-raising Budget next spring in the event low growth or other setbacks blow a hole in her fiscal plans, the Treasury has insisted, pointing to a spending squeeze

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut staff and early investors have offloaded almost $1bn of stock since August, after the fintech’s UK banking licence galvanised support from big financial institutions and secured it a $45bn valuation. The London-based group has

Tesla has vowed to press on with its fight to restore Elon Musk’s historic pay package, and failure could have a high cost: the potential for more than $100bn in tax and accounting charges for the company and its chief executive. Delaware judge Kathaleen McCormick recently denied the electric vehicle maker’s second attempt to give

Russia has evacuated at least 400 soldiers from the Damascus region in recent days in co-ordination with the main rebel faction that toppled Bashar al-Assad’s regime, an official from the group said. The soldiers had been stationed at the Syrian Army’s notorious Fourth Division headquarters in Qudsayya, a suburb of the capital, Kamal Lababidi, a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The sale of Royal Mail to Czech billionaire Daniel Křetínský has been approved by the UK government, paving the way for the formerly state-owned postal service provider to pass into foreign ownership. The go-ahead for

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Confidence in the UK economy among manufacturers fell after Rachel Reeves’ tax-raising Budget at the sharpest rate since the start of the Covid-19 pandemic, in another setback for the chancellor. Manufacturers’ confidence fell to 5.8

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. The Federal Reserve is set to take a more cautious approach to interest rate cuts on fears that the Trump administration’s policies will stoke higher inflation, according to academic economists polled by the Financial Times. 

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russia has evacuated at least 400 soldiers from the Damascus region in recent days in co-ordination with the main rebel faction that toppled Bashar al-Assad’s regime, an official from the group said. The soldiers had

Bashar al-Assad’s central bank airlifted around $250mn in cash to Moscow in a two-year period when the then Syrian dictator was indebted to the Kremlin for military support and his relatives were secretly buying assets in Russia. The Financial Times has uncovered records showing that Assad’s regime, while desperately short of foreign currency, flew banknotes

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK home secretary Yvette Cooper has defended her government’s attempts to bolster economic ties with China, in spite of new claims of a suspected Chinese spy infiltrating the British establishment. Cooper said Britain continued to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The head of Syria’s most powerful rebel faction has signalled that his forces do not want new conflicts despite a wave of Israeli attacks on the country since the toppling of Bashar al-Assad’s regime. Abu

€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 drivel that flows through the average journalist’s inbox each week is a wonder to behold. Last week though, among the usual alerts about obscure middle managers moving to unremarkable jobs in companies you’ve never

OpenAI’s Sam Altman is reckoning with an unpredictable force that threatens his ambition of transforming the start-up into a trillion-dollar company: Elon Musk. Since Donald Trump was elected president in November, executives at the ChatGPT-maker have been preparing to deal with the incoming US administration — a process complicated by Musk’s emergence as a pivotal

A growing number of Chinese ecommerce merchants are selling their products on Russia’s largest online marketplaces as exporters increasingly look to the platforms to find new markets and avoid western tariffs. Ozon Global, the international version of one of Russia’s largest ecommerce platforms, sources 80 per cent of its orders from China and told the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The head of Gulfsands, the western oil company most exposed to Syria, has called for changes to sanctions to let outside operators return to the market, boost production and give the country “a chance to

As jubilant Syrians celebrated the fall of dictator Bashar al-Assad this week, dire warnings proliferated across Arabic social media: that this joyful moment could lead to a bleak future. That the end of the Assad dynasty came at the hands of an armed Islamist group with former links to al-Qaeda, Hayat Tahrir al-Sham, deepened alarm

Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Blue Whale Growth, the investment fund backed by billionaire Peter Hargreaves, has reduced its exposure to the ‘Magnificent Seven’ group of major US tech companies due to concerns over their vast expenditure on artificial intelligence. Stephen

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The London Stock Exchange is on course for its worst year for departures since the financial crisis, as fears mount that more FTSE 100 businesses will quit the UK in favour of New York. A