Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shein is considering London as a back-up option for a blockbuster flotation if US regulators block the online fast-fashion group’s preferred choice of a New York IPO over its ties to China. The Singapore-headquartered company
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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. UK electronics retailer Currys has rejected an improved bid from the US investment group Elliott Management, saying that the offer continued to “significantly undervalue the company and its future prospects”. The new bid from Elliott
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. If we designed a candidate to win the US presidential election in November, he or she would be . . . what? More conservative than Joe Biden. Less frightening than Donald Trump. Young enough to represent
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is professor of government at Georgetown University and co-author of ‘Underground Empire’ Markets are now battlefields and the EU is scrambling to protect itself. From investment screening to export controls, Brussels is hard at
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two large Apple investors are seeking more information about the company’s artificial intelligence risks as tech companies’ ambitions in the fast-growing sector face mounting investor scrutiny. Norges Bank Investment Management and Legal & General, Apple’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. TikTok users’ obsession with viral outfits helped Shein to a private valuation of $66bn in its last fundraising. But replicating that figure in the public markets is proving tougher than expected. The fast-fashion group is
Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. European private equity group EQT has raised €22bn for the largest buyout fund in its 30-year history, following other marquee names in managing to raise substantial sums of money when many other firms are struggling.
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The writer is a non-resident senior fellow at the Peterson Institute for International Economics. She is a director of the International Affairs Program and vice-president for foreign policy at the Kyiv School of Economics
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe must curb welfare spending and tax cuts to deter a “more aggressive Russia” with prolonged defence and security funding increases, according to Denmark’s prime minister. Mette Frederiksen told the Financial Times that the “naive”
The smell of fried pork permeates the kitchens of Hoxton Farms in east London and yet no pig was slaughtered to make the dish sizzling away on the hob. Thanks to advances in biotechnology, the meat on this pork belly is plant-based but the fat is identical to the real thing, only cultured from cells
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How do readers find the books they love? Every year, the bestseller lists feature celebrity memoirs and works by dazzling and established literary stars — but also reader-driven surprises, from Sarah J Maas’s romantic fantasy
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The Ukrainian government will launch a $1.2bn “Made in Ukraine” subsidy scheme this year to encourage domestic production of goods in an attempt to raise tax revenues and make the economy less reliant on
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Jeremy Hunt lacks the fiscal firepower to prevent Britain’s taxes climbing to a record high as a share of national income no matter what he announces in next week’s Budget, new analysis has found. Tax
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investing billions in social housing would “save the taxpayer money” over the long term by cutting benefits payments and health costs, according to research by England’s National Housing Federation and the charity Shelter. The upfront
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. French President Emmanuel Macron said sending western troops to fight in Ukraine “could not be ruled out” and that Paris would drop its long-standing opposition to purchasing emergency artillery supplies for Ukraine from outside
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation, which are asserting their right to pre-empt its purchase of a stake in
Bob Iger, Disney chief executive, has shaken up the company’s live action movie studio after recent box office disappointments, including Haunted Mansion and Jungle Cruise. Sean Bailey is stepping down after 15 years as president of Walt Disney Studios Motion Picture Production, a tenure that produced successful remakes of The Lion King, Beauty and the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese maritime research vessels have dramatically increased incursions into waters just 24 nautical miles off Taiwan’s coast, as Beijing signals its growing surveillance capabilities and collects data crucial for naval warfare. The latest operations include
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Manhattan district attorney Alvin Bragg has asked a court to prevent Donald Trump from publicly disparaging jurors, witnesses, lawyers or court staff in the lead-up to his criminal trial next month. In a motion filed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A panel of experts has identified “inadequate and confusing” safety processes at Boeing and a “disconnect” between senior managers and the rank and file in a report that raises new questions about operations at the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are countless reasons why Britain cannot build enough homes. It doesn’t have enough skilled tradespeople. Raw material costs, from concrete to steel, are elevated. Developers are blamed for “land banking” — buying land and