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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. Spanish bank BBVA has offered a 30 per cent price premium to TSB-owner Banco Sabadell in a takeover bid that values its local rival at more than €12bn. Disclosing the details on Wednesday of an
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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. Yemen’s Iranian-backed Houthis are threatening merchant ships hundreds of miles out in the Indian Ocean after striking a container vessel well beyond the Red Sea last week, maritime officials and experts have warned. The drone
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Elon Musk’s abrupt decision to lay off employees who ran Tesla’s electric vehicle charging business blindsided automakers gearing up to equip new EVs for customers to use the Tesla Supercharger network, industry officials and analysts said on Tuesday. For now, General Motors, Ford and other automakers which struck deals last year to give customers access to the
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Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US money-laundering laws at the world’s largest cryptocurrency exchange. The sentence was imposed by US District Judge Richard Jones in Seattle, who rejected prosecutors’ request that the 47-year-old Zhao serve a three-year term, twice the maximum
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Amazonreported quarterly results above Wall Street’s expectations on Tuesday, as interest in artificial intelligence helped drive cloud-computing growth. Shares of the Seattle-based e-commerce and tech company climbed almost 3% in extended trade, even after its current-quarter revenue forecast came in below expectations. The stock closed down 3.3% in the regular session. Chief Financial Officer Brian
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A group of ex-Google employees has filed a federal labor complaint alleging they were illegally fired by the tech giant for their involvement in office protests over the companys business ties to the Israeli government. Filed with the National Labor Relations Board late Monday, the complaint alleges that Google unlawfully retaliated against workers who staged
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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. Who will be the big beasts in what we assume will be the next Labour government? This question matters as the country tries to work out where power will lie in a Keir Starmer administration.
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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. America is in knots over the foolishness — or worse — of its campus protesters. But it is adults who are making the biggest dunces of themselves. The role of grown-ups facing student unrest is
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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. If at first you don’t succeed, try again. And again. And again. So far, the Norwegian government has been asked whether it would place some of its vast pot of national oil-derived wealth in to
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Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
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At a Windsor retreat for senior HSBC employees in early December, chief executive Noel Quinn made it clear he had no intention to leave the bank, three people who attended told the Financial Times. Yet during the Christmas break just weeks later, Quinn had made a decision to retire after five years in the role.
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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. You know stocks are getting pricey when investors get jumpy about even the slightest change in earnings expectations. This can be seen in the sharp moves in AI-related stocks in recent weeks, especially the sector’s
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