Dozens of people are packed into the corner of the lobby of a Moscow concert hall, squeezed against a wall and unable to escape as four gunmen fire automatic weapons into the group. Dmitry Saraev, a concert promoter and journalist, was among the people trapped in the corner that night as bullets flew around him
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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. Between 1980 and 2019, the world’s most developed countries roughly tripled their real-terms per capita spending on child benefits, subsided childcare, parental leave and other family-friendly policies. They also saw their birth rates decline from
When BlackRock chief executive Larry Fink warned of a looming “retirement crisis” this week, he not only drew attention to a long-rumbling societal problem but also highlighted a business opportunity that his money manager, its rivals and insurers are all hoping to cultivate. Countries around the world are struggling to fund old age benefits as
By the age of 30, Sam Bankman-Fried had convinced a million people that he was a safe custodian of their hard-earned cash. But stood in a Manhattan courtroom on Thursday, head of curly hair bowed, the one-time master of persuasion failed to win over the person who, in that moment, mattered most: a federal judge
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s supreme court dealt a blow to Benjamin Netanyahu’s rightwing coalition on Thursday by ordering it to suspend state subsidies for many ultraorthodox Jews who attend religious schools instead of doing military service. The interim
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UN’s International Court of Justice has ordered Israel to ensure that more food and humanitarian assistance reach Palestinians in Gaza, warning that famine is “setting in” there as the Israel-Hamas war enters its sixth
Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Global stock markets have recorded their best first-quarter performance in five years, buoyed by hopes of a soft economic landing in the US and enthusiasm about artificial intelligence. An MSCI index of worldwide stocks has gained
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At the big coming-out event for Nvidia’s latest artificial intelligence chip this month, chief executive Jensen Huang shared the spotlight with only one other tech boss — and even then, only momentarily. Michael Dell was
Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. If a Martian landed on Wall Street or in Washington this Easter, they might think that crypto was in retreat. On Thursday, a New York court gave a 25-year prison sentence to Sam Bankman-Fried for fraud
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 the Lloyd’s of London insurance market has said insurers should “just get on with it” and pay out for the Baltimore bridge collapse, rather than waiting for years of wrangling over
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Bankman-Fried has been sentenced to 25 years in prison over his role in the collapse of his FTX cryptocurrency exchange, after being convicted of stealing billions of dollars in customer funds to make risky
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump’s campaign is expected to raise $33mn from a blockbuster fundraiser next week in Florida, according to two people familiar with the event, as he races to narrow the funding gap with Joe Biden,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shouting matches between utility companies and regulators are common in the UK. There is always brinkmanship before regulators rubber-stamp multiyear business plans as investors try to juice their returns. Thames Water’s nine shareholders and regulator
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Organisers of the Oxford-Cambridge Boat Race insist the event will go ahead as planned this weekend, despite warnings over high levels of “dangerous” pollution caused by sewage in the river Thames. Campaign group River Action
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lloyd’s of London has attracted its biggest syndicate backed by individuals, or “Names”, since the early 1990s, as the insurance market looks to rebuild a base among private investors after its best performance in years.
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 Singapore is a poster child for fiscal prudence. It almost always runs a budget surplus, and its constitution virtually prohibits borrowing to pay for current spending. All three
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The taxpayer-funded Teesside regeneration body chaired by Lord Ben Houchen faces a potential legal bill of more than £4mn after losing an action in London’s High Court against Britain’s fifth biggest port. Mr Justice Eason
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. We can make peace in the culture wars. These seemingly unending conflicts about a constellation of race, gender and speech issues may turn out to belong to a limited period of specifically American history:
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Angela Rayner, deputy leader of Britain’s Labour party, has refused to publish the tax advice she received in relation to the sale of a house over a decade ago — saying she would only do
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. I was wrong: I said a couple of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water said its shareholders will no longer provide £500mn of fresh equity by the end of the month over fears that conditions imposed by the industry regulator make the company’s business plan “uninvestible”. The