Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nato’s European members need to find an extra €56bn a year to meet the alliance’s defence spending target, but the shortfall has halved in the past decade, according to research by Germany’s Ifo Institute for
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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. An incoming Labour government could find itself with “more money to play with” than many expect, according to Lord Nick Macpherson, the top official at the UK Treasury for more than a decade. Macpherson said
Jay Gatsby, Albert Einstein, Frodo Baggins, John Pierpont Morgan, Michael Jordan, Bill Gates, Elon Musk, Mark Zuckerberg, Warren Buffett, Michael Milken, Bernard Madoff, Charles Ponzi — the list of people to whom Sam Bankman-Fried has been compared is an extraordinary one. He seems destined to be remembered alongside those last three names, after being convicted
It had been more than 40 years since Anne Marie Allen lived and worked at Ballyglunin Park, but she still took the servants’ driveway up to the house. We parked in the shadow of the large grey manor, and a young man came out to beckon us in from the buffeting Irish wind. Anne Marie
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. In Kuala Lumpur, I stay awake until dawn to watch a Champions League game eight time zones away. The city twitches into life just as the team from coastal Portugal scores a late winner
The closer Donald Trump gets to the 2024 presidential election, the longer he will be spending in courtrooms and away from the campaign trail as he faces dozens of charges in four separate criminal cases. An unprecedented and busy legal calendar will be a growing drain on Trump’s time as well as financial resources —
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden appeared to deepen his rift with Benjamin Netanyahu on Friday, publicly praising a top Democrat’s remarks that called for the Israeli prime minister’s removal as a “good speech” that expressed “concerns” shared by
A below-the-radar trip to Venezuela by Boris Johnson to meet autocratic president Nicolás Maduro was arranged by a hedge fund manager interested in normalising diplomatic relations between London and Caracas, according to people familiar with the matter. Former JPMorgan banker Maarten Petermann, co-founder of London-based Merlyn Advisors, organised the former UK prime minister’s visit by
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Talks on a UK-India trade deal, originally scheduled to conclude before Diwali in October 2022, have been put on ice until after India’s general election later this spring following the failed final efforts to find
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The way early Slack adopters talked about workplace messaging in the 2010s sounds unhinged today. It was a “friend” in the office, the “glue” keeping teams together and the reason work was fun. Of course,
If Westminster is becoming a “zombie parliament” then James Heappey, once seen as a rising star of the Conservative party, on Friday joined the ranks of the living dead: Tory MPs stepping down at the next election. Heappey, a former Army officer who served in Iraq and Afghanistan, became the 65th Conservative MP to call
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Investors have fallen into line with the Federal Reserve’s expectation that it will cut interest rates just three times this year, after a months-long stand-off between markets and the central bank. Following a run
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has agreed to pay $490mn to settle a class action accusing chief executive Tim Cook of misleading investors in 2018 by exaggerating demand for the iPhone in China. Investors claimed Cook overstated demand for
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. England has experienced its wettest 18 months since records began in 1836, leaving farmers struggling to plant crops in waterlogged fields and transport networks disrupted by flooding. Climate change has exacerbated weather events around the
Stay informed with free updates Simply sign up to the Retail & Consumer industry myFT Digest — delivered directly to your inbox. Reckitt’s share price plummeted as much as 20 per cent after a jury in the US awarded $60mn in damages to a mother who said her baby died after consuming the company’s Enfamil
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Investors poured a record amount into US equity funds last week, snapping up technology stocks and shrugging off concerns over sticky inflation. US equity funds drew $56bn of funds in the week to March 13
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. So high is the level of hysteria, it wouldn’t be surprising to discover that Princess Catherine has pricked her finger on a spinning wheel and fallen into an enchanted sleep. Since she went into hospital
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A judge in the state of Georgia has ruled that the district attorney prosecuting Donald Trump for election meddling may continue leading the case as long as the outside lawyer with whom she had a
The writer is a historian, philosopher and author The Israeli-Palestinian conflict is fuelled by the mutual horror of destruction. Each side fears the other wishes to kill or expel it, and terminate its existence as a national collective. Unfortunately, these are not irrational fears born out of paranoia, but reasonable fears based on recent historical
Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. The UK government’s top infrastructure adviser has hit out at a drive to push pension schemes to invest more in Britain, saying there is “no reason” funds should have a home bias. Sir John Armitt,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is deputy director of the Institute for Fiscal Studies The non-dom rules are finally being scrapped. No longer will the UK base taxation on the antiquated concept of domicile — a highly subjective