Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Do you want the good news or the bad news, prime minister? The good news is that your rightwing rebels have given up on removing you as leader. The bad news is that they are
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Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. City minister Bim Afolami has defended the right of the government to question the actions of the Financial Conduct Authority, adding there was no danger that Downing Street was politicising the UK’s main financial
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sweden’s central bank cut interest rates for the first time in eight years as European monetary policymakers diverge from the US to support their economies even if it comes at the expense of their currencies.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s President Xi Jinping has praised Hungarian Prime Minister Viktor Orbán’s government for pursuing an “independent” foreign policy and “defying” great power politics on a European trip that analysts say is aimed at exploiting divisions
Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Fifty corporate winners from the coronavirus pandemic have lost roughly $1.5tn in market value since the end of 2020, as investors turn their backs on many of the stocks that rocketed during early lockdowns. According to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The author is a Hoover fellow at Stanford University This year may be the year of the missile. Last month, Iran launched a salvo of approximately 150 of them, many shot down by American and Israeli
Stay informed with free updates Simply sign up to the Science myFT Digest — delivered directly to your inbox. The writer is a science commentator Volcanoes house more than molten rock. Alongside the magma sits a mysterious substance called magmatic brine, a mineral-rich soup that collects underneath both active and dormant volcanoes. Geologists are now
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. High Speed 2 is set to get the green light to dig a 4.5-mile tunnel under central London within weeks, with the government expected to release over £1bn of taxpayer cash for the work, according
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US last week paused a shipment of bombs to Israel over concerns about its looming ground operation in Rafah, a senior administration official said on Tuesday. The move marks the first known time that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have been building up bets against the pound, as conviction grows that the Bank of England will start cutting interest rates by the summer, ahead of its US counterpart. Currency speculators’ wagers on a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves, Britain’s shadow chancellor, on Tuesday declared to a City audience that “stability is change”, vowing that Labour would break from the “chaos” of recent Conservative economic policymaking. But while Reeves’s reference point is
In the middle of Hong Kong’s business district, on the site of a former car park, an unusual new addition to the city’s famous skyline is nearing its opening date. The Henderson is a 36-storey office building by Zaha Hadid Architects and named for Henderson Land Development, a developer controlled by one of Hong Kong’s
When the Thames Barrier was built as an elegant stainless steel-capped bulwark to protect Londoners from flooding in the 1980s, it was designed with additional capacity just in case melting glaciers raised sea levels. “Climate change was not even in the dictionary,” said Andy Batchelor, 63, the operations manager who started work on the barrier
Reddit revenues topped analysts’ expectations, sending shares up 16 per cent in after-hours trading in its first quarterly results since its market debut in March. In the second quarter of 2024, the social media group estimated revenue in the range of $240mn to $255mn, above consensus expectations. Revenues rose 48 per cent to $243mn, well
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Reddit beat Wall Street’s revenue expectations and raised its forecast in its first earnings announcement since its market debut, sending shares in the social media group up more than 12 per cent in after-hours trading.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The federal judge presiding over the criminal case related to Donald Trump’s handling of classified documents has postponed the Florida trial indefinitely, citing the need for “adequate preparation”. In a filing on Tuesday afternoon, Aileen
Benjamin Netanyahu waited for months to send troops into Rafah, the southern tip of the Gaza Strip where more than 1mn Palestinians have sought refuge from fighting. When the order finally came on Monday, it was within hours of Hamas finally signalling that it had accepted the outlines of a hostage-for-prisoner ceasefire proposal drawn up with
Israel threatened to expand its military operation in Rafah after tanks and troops seized the main border crossing between Gaza and Egypt, as international mediators struggled to continue talks aimed at ending the conflict. Israel launched its ground offensive into eastern Rafah on Monday, hours after Hamas said it had accepted a draft proposal of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stormy Daniels, the adult film actor, took the stand on Tuesday morning at Donald Trump’s criminal “hush money” trial in Manhattan, setting the stage for a day of testimony that could prove highly embarrassing for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chief executive of P&O Ferries accepted a six-figure bonus in 2023 just over a year after it sacked hundreds of UK-based crew and replaced them with foreign agency workers paid from just £4.87 an
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has unveiled new iPads featuring what it called “an outrageously powerful chip for AI”, signalling the Silicon Valley giant’s growing focus on artificial intelligence services. The company launched the “M4” chip for its latest