The most common question I’m asked is: “In your photo, why is your head upside down?” Readers often query too why a supposed expert is not retired after three decades of investing (see my first column for the answer). I also receive hundreds of emails about portfolio measurement. Not only has the absence of returns
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Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The Kremlin has admitted that Russia is in a “state of war” amid a push to increase domestic support for President Vladimir Putin’s invasion of Ukraine after previously calling it a “special military operation”.
Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. The FTSE 100 index closed in on its all-time high on Friday as stocks in the US and the UK headed for their best week this year, boosted by signals that major central banks are on
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Brussels has proposed cutting grain imports from Russia and Belarus by levying tariffs to increase pressure on Moscow and appease protesting farmers across the bloc, as some EU leaders press for tougher curbs on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aston Martin has named Bentley CEO Adrian Hallmark as its next chief executive, the third change of leadership at the UK luxury-car maker in the space of four years. Hallmark, who also previously worked at
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia has made a targeted attack on Ukraine’s energy infrastructure, hitting multiple sites before dawn on Friday in the second consecutive day of major missile strikes on the country. President Volodymyr Zelenskyy said Moscow
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British retail sales beat analysts’ expectations of a contraction and remained flat in February, as growth in clothing purchases offset falling food sales. The quantity of goods bought in Great Britain was unchanged between January
Global chief executives including Apple’s Tim Cook, ExxonMobil chair Darren Woods and HSBC’s Noel Quinn will attend China’s version of Davos in Beijing this weekend, as international criticism mounts that Chinese industrial oversupply could lead to a “slow-motion train accident” for world trade. Almost 90 CEOs, as well as heads of multilateral organisations such as
A famed Apple advertising campaign exhorted customers to “think different”. In a sweeping antitrust lawsuit the US on Thursday alleged that the iPhone maker had betrayed that slogan, locking millions of its users into a powerful monopoly that has made it one of the most valuable companies in the world. The long-awaited lawsuit is a watershed
The Bank of England governor has signalled markets are right to expect more than one interest rate cut this year, saying he is increasingly confident inflation is heading towards target. Andrew Bailey told the Financial Times that rate cuts were “in play” at future meetings of the BoE Monetary Policy Committee amid signs that tighter
When Stephanie Cohen joined Goldman Sachs right out of college 25 years ago, even her fellow analysts could tell the fast-talking Chicago native was going to go far. Fizzing with energy, she was “scarily smart” and thrived on the long hours investment banking required. Blunt yet very funny, she joined the elite partner ranks while
Last November, Meta started offering users in the EU a new version of Facebook and Instagram. In exchange for as much as €12.99 per month, the company promised neither to process data for personalised adverts, nor to show any ads at all. I dislike being hounded to buy stuff, and watched with envy. Could changing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When US political strategist James Carville, then a senior aide to presidential candidate Bill Clinton, declared that one of the keys to winning the 1992 election was “the economy, stupid”, he was stating one of
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The US has urged Ukraine to halt attacks on Russia’s energy infrastructure, warning the drone strikes risk driving up global oil prices and provoking retaliation, according to three people familiar with the discussions. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK consumers’ confidence about their personal finances has hit the highest level in more than two years, according to a closely watched survey. Research company GfK said on Friday that people’s outlook on their own
FedEx has lifted its full-year earnings guidance, sending shares 12 per cent higher in after-hours trading on Thursday even as the company missed sales and profit expectations for its most recent quarter. The logistics group, a bellwether for global growth, forecast adjusted earnings of $17.25 to $18.25 a share for the fiscal year, up from
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A legal stand-off between Donald Trump and a former business partner is coming to a head, with a vote set to determine whether or not the former US president can unlock a potential $3.5bn windfall
Your browser does not support playing this file but you can still download the MP3 file to play locally. FT correspondent Josh Oliver spent years covering crypto and the legal troubles of Sam Bankman-Fried. Last week, he published Hype Machine, a book about it all. Today he joins us to talk about SBF’s sentencing next
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the years it has taken Nvidia’s graphical processing units, first developed for video gaming, to find their way to the centre of the computing world, chief executive Jensen Huang has been nothing if not
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Republican Speaker of the House plans to invite Benjamin Netanyahu to address Congress, in a move likely to deepen tensions between the White House and Israel over the war in Gaza. The speech would
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels is actively exploring how to work around an EU treaty clause prohibiting arms purchases from the union’s budget, as it steps up efforts to increase financing for defence and Ukraine. The European Commission, the