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 Europe’s largest munitions maker Rheinmetall has said EU leaders should consider installing short-range air defence systems similar to Israel’s Iron Dome. Armin Papperger’s comments come as EU capitals are boosting military
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A pink dawn rises above the low-slung warehouses of Grimsby’s docklands while men in white coats and wellies call out prices for pallets of fish on ice. The fish are not caught locally but are instead mostly imported from Iceland. It is a far cry from the 1960s, when Grimsby was the biggest fishing port
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Only a fool would say the people running the world’s top financial companies are fools. But when historians look back at Wall Street’s response to climate change in the third decade of the 21st century,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Financial markets are about to embark on a global stress test, essentially imposed by the superpower that is the US. Lots of institutions, particularly those outside the US, will fail it. From late May, in
Borse Dubai is selling just under a third of its long-held stake in Nasdaq, the US exchange operator and financial technology provider. The sale of 27mn shares will leave the Middle Eastern exchange with a 10.8 per cent stake, making it Nasdaq’s second-largest investor. Thoma Bravo, the private equity firm, has a 12.5 per cent
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Billionaire investor John Paulson will host a Florida fundraiser for Donald Trump next month, as the former president tries to match Joe Biden’s money operation and pay for a growing pile of legal bills and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves, the shadow chancellor, will on Tuesday set out new rules pledging that a Labour government would aim to borrow only to invest as part of an agenda to inject greater “stability” into policymaking.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt has hinted that the UK government may hold the next general election in October, which would give the ruling Conservative party less than seven months to turn around its dire position in the
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. Donald Trump, still no more than a candidate for the US presidency, may soon hand his friend, Vladimir Putin, victory over Ukraine. This would be incredible if one were not used to such
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Microsoft has hired Mustafa Suleyman, the co-founder of Google’s DeepMind and chief executive of artificial intelligence start-up Inflection, to run a new consumer AI unit. Suleyman, a British entrepreneur who co-founded DeepMind in London in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google DeepMind has developed a prototype artificial intelligence football tactician in collaboration with Premier League club Liverpool, in the latest push to use the technology to master the ebb and flow of big-money sports. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu insisted Israel would launch a ground assault on Rafah, despite pressure from the US not to carry out a major operation in the Gazan city where hundreds of thousands of people are sheltering.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK tax authority has been condemned for a “misguided” decision to slash the number of its public helplines, with warnings that millions of taxpayers could face “long waiting times and lots of hassle”. HM
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump has said in a long tirade on social media that he might need to sell his assets to postpone enforcement of a $464mn fraud judgment, after his lawyers declared they could not find
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Conservative party has been fined almost £11,000 by the UK electoral watchdog after it failed to report accurately non-cash donations from a donor for three years. Donations in the form of a seconded employee
This article is an on-site version of our Chris Giles on Central Banks newsletter. Sign up here to get the newsletter sent straight to your inbox every Tuesday Today, Japan ended an eight-year period of negative interest rates after gaining confidence that the country has defeated deflation for good. More on that below. Similar fireworks
Stay informed with free updates Simply sign up to the Global inflation myFT Digest — delivered directly to your inbox. Central bankers are increasingly confident that inflation can be vanquished without driving up unemployment sharply, as economists forecast “immaculate disinflation”. Analysts polled by Consensus Economics see inflation easing from multi-decade highs to about 2 per
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s investment banks have cut bonuses for a second straight year following a prolonged slump in dealmaking and listings that is now finally showing signs of ending. Deutsche Bank and BNP Paribas have
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Urban Development Corporations. The Regional Development Agencies. The Local Enterprise Partnerships. Then, in the last decade, as merciful relief from this grinding, almost Soviet language: the “Northern Powerhouse”. Whatever they called it, every British
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Unilever is to split off its ice cream business and cut 7,500 jobs as the consumer goods group steps up efforts to improve its performance. The company said on Tuesday that the ice cream division,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apathy and anticlimax are what a central bank aspires to when the time comes for a momentous policy decision. By this measure, the Bank of Japan’s return to positive interest rates was a triumph —