Inside the museum that holds the Ara Pacis, a marble altar celebrating the peace and prosperity brought by the 40-year reign of Ancient Rome’s first emperor, Augustus, a group of prominent Italian business people were recently reflecting on the current state of the country. The assembled entrepreneurs and executives — supporters of a fledgling civil
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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. Has the case for diversity been defeated in extra-time? At the start of the season, “wosoc Twitter” — the corner of social media that follows and discusses women’s football — was in uproar about the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an FT contributing editor Passive funds are, by construction, price-insensitive bundles of financial securities, weighted to replicate the performance of market indices. But the indices themselves are not entirely passive. And decisions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Several large Taiwanese manufacturers are considering setting up a second headquarters overseas to ensure they can keep operating in the event of a Chinese attack on their country. The plans, which remain preliminary in most
Lord David Cameron is heading to Washington for a flurry of meetings with Republican and Democratic congressional leaders in an effort to try and help unblock US funding for Ukraine. The UK foreign secretary, who will also hold talks with US Secretary of State Antony Blinken, will call on Congress to approve the extra $60bn
The US is “very focused on ensuring” Russia is not able to develop new liquefied natural gas projects, one of the country’s senior diplomats said. The remarks by Geoffrey Pyatt, the US assistant secretary of state for energy resources, to the FT’s Commodities Summit related to Russia’s Arctic LNG 2 project, which is led by
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. UK foreign secretary David Cameron is holding talks in Florida with Donald Trump, as London pushes to win support from the former president’s Republican allies in Congress for more Ukraine aid. Cameron’s talks with
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour will on Tuesday propose to toughen a planned crackdown on tax perks enjoyed by “non-doms” living in the UK, alongside a wider effort to tighten compliance, as the party seeks to plug a hole
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The capability of new artificial intelligence models will surpass human intelligence by the end of next year, so long as the supply of electricity and hardware can satisfy the demands of the increasingly powerful technology,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oil markets are set to become “extremely tight” in the second half of this year, according to hedge fund giant Citadel, as Opec+’s control of the market allows it to keep prices high. Sebastian Barrack,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu said Israel had set a date for an assault on Rafah, after far-right allies warned that his premiership would not be tenable if he did not launch an attack on the town in
Tensions within Labour over its policy towards the EU burst to the surface on Monday after the party was forced to deny a report that it planned to re-enter a customs union if it wins the general election. The paper from the Eurasia Group political consultancy cited unnamed “senior Labour insiders” as saying the party
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US, UK and Australia on Monday said they were considering working with Japan on advanced technology projects in the trilateral Aukus security pact aimed at boosting deterrence against China. The Aukus defence ministers said
Stay informed with free updates Simply sign up to the EU energy myFT Digest — delivered directly to your inbox. The writer is professor of political economy at the University of Cambridge and author of ‘Disorder: Hard Times in the 21st Century’ The assumption that Europe could not forsake Russian natural gas did much to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief executive of Scientific Infra & Private Assets It is rare these days to come across a climate change denier in the world of institutional investors — especially those who choose to
When the British military needed new cruise missiles in the mid-1990s, the government passed over established US weapons makers in favour of a nascent company with little record. The lucrative order for the air-launched missile called Storm Shadow, and its French version Scalp, was key to cementing a groundbreaking marriage between the UK and France
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The authoritarian government of Nicaragua accused Germany of “facilitating genocide” in Gaza at the opening of a politically charged case at the UN’s top court on Monday. Carlos José Argüello Gómez, Nicaragua’s representative to the
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. Fumio Kishida lacks charisma and is unpopular at home. But when the Japanese prime minister visits Washington this week, he will receive a hero’s welcome. The popularity of Kishida with the Biden administration goes well beyond
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Investors are giving up hope that the US Federal Reserve will sharply cut interest rates this year, after a blockbuster jobs report on Friday boosted conviction that the central bank needs to keep borrowing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s biggest chipmaker, Taiwan Semiconductor Manufacturing Co, has agreed to make its most advanced products in Arizona from 2028, in a boost to White House efforts to bring semiconductor production on to home soil.
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. JPMorgan Chase chief executive Jamie Dimon has warned that US inflation and interest rates could remain higher than markets expect because of high government spending. In his annual letter to shareholders, the head of