Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s prime minister vowed on Tuesday to push ahead with an offensive in the Gazan city of Rafah whether or not a ceasefire deal is reached with Hamas, as he held urgent talks with ministers
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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. House Democrats have said they would kill a right-wing effort to oust Republican Mike Johnson as the chamber’s Speaker, in a display of bipartisanship that comes after he defied members of his own party to
In the autumn of 2020 at the height of the coronavirus pandemic, Australian mining behemoth BHP completed a relatively small oil deal in the Gulf of Mexico, buying out minority partner Hess Corporation. In hindsight, the $505mn transaction marked BHP chief Mike Henry’s nascent acquisition drive. This ambition culminated with the biggest takeover approach in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump has been found in contempt of court and fined $9,000 for repeatedly attacking potential witnesses and jurors in his Manhattan “hush money” case, in violation of a gag order imposed on the former
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The race to be the next first minister of Scotland and leader of the Scottish National party has whittled down to two likely candidates as the governing nationalists look set to see off an opposition
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. The proportion of human beings living on the margin of subsistence is estimated to have fallen from close to 80 per cent in 1820 to just under 10 per cent in 2018. What makes this
In the not-too-distant future, automatic emergency braking will have to come standard on all new passenger vehicles in the US, a requirement that the government says will save hundreds of lives and prevent thousands of injuries every year. The National Highway Traffic Safety Administration unveiled the final version of the new regulation on Monday and
On Saturday, protesters rallied outside the White House Correspondents’ Association dinner in Washington, D.C. Protesters staged a die-in to honor the more than 140 journalists killed in Gaza during Israel’s assault. Protesters screamed “Shame on you” as journalists dressed in black tie attire entered the Washington Hilton. CodePink co-founder Medea Benjamin was violently thrown out
Shared office space provider WeWork announced on Monday a settlement with its junior creditors and a new cash infusion from its senior lenders, moving ahead with a bankruptcy deal that rejects a $650 million offer from co-founder and former owner Adam Neumann. During a hearing in Newark, NJ, US Bankruptcy Judge John Sherwood signed off on the
Southwest Airlines said it had launched a compensation program for flight delays as part of a $140 million Department of Transportation settlement over the carrier’s meltdown in December 2022 during a busy holiday travel period. Southwest in December 2023 agreed over three years to provide $90 million in travel vouchers of $75 or more to passengers delayed at least three
On Friday, an Israeli airstrike in Gaza City killed the daughter and grandson of the prominent Palestinian poet Refaat Alareer, who was killed in an Israeli airstrike in December. Shaima Refaat Alareer died Friday along with her husband and 2-month-old son. Shaima had recently written a message on Facebook addressed to her late father, writing,
As earlier threatened, the Food and Drug Administration (FDA) has just issued new rules that will significantly slow down the development of new diagnostic tests. Specifically, the agency requires that all laboratory-developed tests (LDTs) be submitted to its regulators before the tests can be offered to patients and physicians. As I explained earlier, LDTs are
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are three things that Joe Biden cannot shake off: his Secret Service guards, his own shadow and the phrase “ . . . since Lyndon Johnson”. He is described as the most consequential Democratic president since Lyndon Johnson.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK mortgage approvals hit their highest for 18 months in March, according to official figures that suggest the property market is continuing to recover despite recent rises in quoted rates. Net mortgage approvals rose to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Quitting while ahead makes sense when things start looking tough. The surprise announcement of HSBC chief executive Noel Quinn’s departure on Tuesday comes as investor sentiment towards China has weakened. Quinn, who took the top
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. St James’s Place has suffered a sharp drop in net inflows over the first quarter as the wealth manager grapples with customers withdrawing their money and potential redress payments to clients. The FTSE 100 company
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC’s chief executive Noel Quinn is to retire unexpectedly after five years, setting off a hunt for a successor at the UK-based bank. Quinn has overhauled the lender since taking charge in 2019, selling off
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer, a Labour and Co-operative party MP, chairs the cross-party public accounts committee in the House of Commons For more than a decade I’ve had the privilege of scrutinising how government spends taxpayers’ money,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Grosvenor, the Duke of Westminster’s property company, is taking a big bet on flexible workspaces to meet West End office tenants’ post-Covid requirements and generate higher returns. The group, which owns large parts of London’s
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is international policy director at Stanford University’s Cyber Policy Center and special adviser to the European Commission Western governments are racing each other to set up AI Safety Institutes. The UK, US, Japan
It is standard fare for a politician to invoke family on the campaign trail. But it lands differently when the candidate is Robert F Kennedy Jr. When he talks about “my father” — and how no one thought he had a chance to win his bid for the presidency — he is talking about the