Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK accounting watchdog has imposed multimillion-pound fines on PwC and EY for failures in their audits of London Capital & Finance, the defunct investment group at the centre of one of the biggest retail
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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. UBS has reported its first quarterly profit since taking over Credit Suisse as the Swiss lender begins to reap the benefits of rescuing its former rival. The group on Tuesday reported $1.8bn in net profit
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has carried out night air strikes on Rafah and said a ceasefire proposal accepted by Hamas fell “far from Israel’s necessary requirement”, as international mediators and officials struggled to continue talks to halt fighting
Every year, St James’s Place, which over the last three decades has become one of the UK’s most successful financial services companies, organises a glitzy show for its thousands of investment advisers. Guest speakers have included Bill Clinton, Bob Geldof and David Beckham, while top-performing advisers were paraded onstage to huge cheers from their colleagues at
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. What should politicians do when they have no winning moves left? Rishi Sunak’s allies may have a superficially plausible account about how most of the damage to the party happened before he became prime minister:
Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. The writer is the co-founder of Ethereum and CEO & founder of Consensys, a blockchain software company Imagine a scenario in which the US government — suddenly, arbitrarily and without any justifiable authority — outlawed a
Germany’s main opposition party leader has said Berlin and Brussels are partly to blame for Brexit because they were unwilling to offer the UK real concessions before its pivotal EU referendum in 2016. Friedrich Merz, head of the centre-right Christian Democrats, stopped short of naming Angela Merkel but implied the former chancellor could have done
Dmytro Zolotoverekhky, a dentist from Kyiv, says he is “packed and ready to go” on his first deployment as a drone operator for the Ukrainian army. Unlike most regular soldiers who have spent months if not years on the front with little time for rest and recuperation, he will be allowed to return to his
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The personal details of UK military personnel have been targeted in a cyber attack by a hostile state, the British government is expected to announce on Tuesday. The Chinese state is suspected of being behind
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japanese conglomerate SoftBank is leading an investment of more than $1bn into UK self-driving car start-up Wayve, marking Europe’s largest artificial intelligence deal to date. The funding round, which also includes Nvidia and existing investor
Data analytics group Palantir lifted its full-year outlook after a forecast-beating first quarter, although not by as much as Wall Street expected. The company forecast full-year revenue between $2.68bn and $2.69bn, which was slightly higher than its previous estimate, but below consensus expectations for $2.71bn, according to a LSEG poll. Its projection for revenue of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US aviation safety regulators have opened their second investigation into Boeing this year, after the company revealed falsified inspection records for some of its 787 Dreamliner aircraft. The Federal Aviation Administration’s probe will add to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global trade growth is set to more than double this year as inflation eases and a booming US economy helps to drive activity, according to international bodies. The OECD, IMF and World Trade Organization are
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has said it has broadly accepted a proposal to free dozens of Israeli hostages in exchange for Palestinian prisoners and a temporary ceasefire in its seven-month war with Israel. According to a statement on
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Brussels will propose a ban on Russian funding of political parties, non-governmental organisations and think-tanks as part of a fresh round of sanctions aimed at crippling Moscow’s ability to pursue its war against Ukraine
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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. The judge overseeing Donald Trump’s Manhattan “hush money” trial threatened to jail the former president if he continued to harass witnesses and jurors, after concluding that fines had failed to deter the defendant from repeatedly
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Columbia University has cancelled its main graduation ceremony planned for next week amid rising concerns that continued pro-Palestinian student protests across the US could pose safety concerns on American campuses. Columbia said it would abandon its
The Israeli military has told tens of thousands of Palestinians to leave the southern Gazan city of Rafah, with Israel’s defence minister warning of an imminent military “operation” as talks to free Israeli hostages appeared to have stalled. An Israel Defense Forces spokesperson told reporters that at least 100,000 civilians in eastern Rafah, along the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Imagine making an offer on a house but only on condition that the owners demolish part of it first. That is a rough analogy for BHP’s £31bn offer for rival miner Anglo American, which includes
Embattled ABC News President Kim Godwin announced she was calling it quits Sunday night as she faced heightened scrutiny from corporate superiors over her job performance and months after she was stripped of much of her power, sources confirmed to The Post. I have decided to retire from broadcast journalism, Godwin said in a staff