Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The husband of a BP employee has pleaded guilty to insider trading after he was accused of illegal share purchases having overheard his wife talking about a deal while working from home. The US Securities
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Prime Minister Benjamin Netanyahu has finally unveiled Israel’s plans for Gaza after hostilities end in the enclave, submitting to his war cabinet a formal proposal that directly contradicts the objectives of the US. The one-page document, released overnight by his office, makes no mention of any role for the Palestinian Authority, the West Bank-based rival
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s household energy price cap is set to fall by 12 per cent in April following a drop in wholesale gas and electricity prices. Ofgem, Britain’s energy regulator, has set the price cap for
A McKinsey-led think-tank advised China to deepen co-operation between business and the military and push foreign companies out of sensitive industries as part of a project for the central government in 2015. The recommendations in a book by the Urban China Initiative, commissioned by the Chinese government’s central planning agency, were among dozens of policies
Two years into Russia’s full-scale assault on Ukraine, Europe’s defence industry is booming. The conflict and rising geopolitical tensions elsewhere, including in the Middle East, have boosted the order books of large established players and their suppliers. Global defence spending hit a record $2.2tn last year, while in Europe it rose to $388bn, levels not
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the year ending March 2023, construction began on 72,000 new homes in Houston, Texas, population 7.5mn: more than three times the 20,500 new homes started in London, whose population is considerably larger. In case
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Turns out, Donald Trump still likes tariffs. In his bid for a second term, he is promising a 10 percentage point tariff increase on all America’s trading partners, and dangling a tariff on Chinese imports
US campaign groups are spending millions of dollars to hire social media influencers with modest followings, seeking to sway voters from niche communities in tightly fought elections across the country in November.President Joe Biden has been wooing celebrity influencers, recently hosting a White House reception with several hundred viral internet stars with millions of followers,
Jeremy Hunt is under growing Conservative pressure to remove one of the UK’s most notorious tax cliff edges in his March 6 Budget, where some parents on middle incomes are hit with a 71 per cent effective tax rate. The UK chancellor has said he will fix the issue if he can afford to, although
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Moon is officially open for business after the first commercial spacecraft successfully touched down on the lunar surface. After an eight-day flight, US-based Intuitive Machines’ unmanned Odysseus lander touched down safely on the lunar
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK consumer confidence waned in February, according to research company GfK, suggesting that the early optimism for 2024 has abated in the face of persistently high inflation. The consumer confidence index, a leading indicator of
Vice Media is set to stop publishing stories on its website and terminate “several hundreds” of jobs, the latest sign of distress among once-mighty digital media groups that had relied on web traffic for revenue. “It is no longer cost-effective for us to distribute our digital content the way we have done previously,” chief executive Bruce
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A UK government-commissioned review into tackling political violence is poised to back wider use of special police orders to swiftly shut down public protest around democratic venues including parliament, council buildings and MPs’ offices. Lord
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. A New York judge has scolded a law firm for citing ChatGPT to support its application for “excessive” attorneys’ fees of up to $600 an hour. The Cuddy Law Firm had invoked the predictive artificial
Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. A number of UK lenders have announced mortgage rate increases in a sign that the race towards more competitive offers is slowing, as the prospect of imminent Bank of England interest rate cuts fade.
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Two decades ago, Steve Jobs, founder of Apple, championed the concept of skills diversification. In a Stanford graduation speech, he revealed that after dropping out of college in his youth, he stumbled into a class
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is tough to be a miner when the only material investors care about is silicon. As markets around the world race higher, fuelled by Nvidia’s blowout results and a mounting AI frenzy, mining chiefs
During his second term as Brazilian president in 2010, Luiz Inácio Lula da Silva visited Jerusalem’s Holocaust museum with his Israeli counterpart Shimon Peres and said all world leaders should travel there to understand what happens “when irrationality takes over”. Thirteen years later, Israel’s foreign minister chose the same spot to declare Lula, now serving
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two main issues emerge from the chaos surrounding Wednesday night’s House of Commons debate on the war in Gaza. The first is that a partisan row over parliamentary procedure dressed up as high principle actually
Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Global stock markets rallied on Thursday as chipmaker Nvidia’s bumper overnight results boosted technology groups and pushed indices in Japan and Europe to all-time highs. Nvidia surged more than 14 per cent in pre-market trading after
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has the right to strike “Russian military targets outside Ukraine” in line with international law, the Nato secretary-general has said for the first time since the start of the full-scale war nearly two