Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese ecommerce company JD.com has said it is in the early stages of considering an offer for Currys, setting up a possible bidding war for the UK electronics retailer. JD.com’s interest comes just days after
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Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. Washington has warned Beijing that the US and its allies will take action if China tries to ease its industrial overcapacity problem by dumping goods on international markets, according to American officials. Two senior Treasury
Hanging on the wall in Gary Gensler’s office is a quote from a letter penned by Felix Frankfurter, later a Supreme Court justice, to President Franklin Roosevelt. It is dated 1934, the year the Securities and Exchange Commission was established to regulate markets. It advises the president to appoint administrators “who have stamina and do not
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In May last year I wrote a column recommending that if the government wanted to revive a flagging equity culture among Britain’s private investors, it should consider weaponising the stake it still owns in NatWest
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Estonian Prime Minister Kaja Kallas said the west should seize Russia’s frozen assets before the US election, in a further sign of European concern at the impact a second Donald Trump presidency might have
Vladimir Putin was effusive late last year after Gazprom reported record sales to China, telling chief executive and longtime ally Alexei Miller: “This is great, I congratulate you on the results of your work.” But the Russian president’s praise, proudly trumpeted on state media, belies the crisis unfolding at a company that is struggling with
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The riskiest US corporate bonds have come under fresh pressure this year, setting them apart from a rally across broader debt markets as investors remain fearful about stop-start access to funding and deepening distress for
When Gerry Cardinale left Goldman Sachs in 2012 he underestimated just how hard it would be to launch a successful private equity business without the balance sheet of one of the world’s most prestigious investment banks. “At Goldman you pushed a button and $20bn would show up. When I started RedBird, I had no relationships
Stay informed with free updates Simply sign up to the Film myFT Digest — delivered directly to your inbox. On a night long on glitz but short on surprises, Christopher Nolan and Oppenheimer proved the biggest winners at the 2024 Bafta Film Awards in London. In a litmus test of industry feeling ahead of next
Stay informed with free updates Simply sign up to the UK property myFT Digest — delivered directly to your inbox. New curbs on short-term property rentals in England will be unveiled by the UK government on Monday, despite warnings from estate agents and tourism chiefs that the move could dent local economies. Michael Gove, Levelling
The FBI is “laser focused” on Chinese efforts to insert malicious software code into computer networks in ways that could disrupt critical US infrastructure, according to the agency’s director Christopher Wray. Wray said he was acutely concerned about “pre-positioning” of malware. He said the US recently disrupted a Chinese hacking network known as Volt Typhoon
Twelve months ago, delegates at the Munich Security Conference radiated optimism about the prospects for Ukraine, as the west vowed to back Kyiv in its war with Russia for “as long as it takes”. This year, with the conflict tilting in Moscow’s favour and faith in western support ebbing away, that optimism has flipped into
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It can often feel as though we are living in a world in which shared truths are becoming impossible — the result, in large part, of social media algorithms that funnel us into bubbles and
Stay informed with free updates Simply sign up to the Cyber Security myFT Digest — delivered directly to your inbox. The FBI is “laser focused” on Chinese efforts to insert malicious software code into computer networks in ways that could disrupt critical US infrastructure, according to the agency’s director Christopher Wray. Wray said he was
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli cabinet has approved a motion rejecting any “international diktats” regarding a permanent settlement with the Palestinians, including the unilateral recognition of a Palestinian state. Sunday’s unanimous vote rejected any steps towards statehood imposed
Stay informed with free updates Simply sign up to the Chinese politics & policy myFT Digest — delivered directly to your inbox. The writer recently retired as a US Rear Admiral in naval information warfare and was the former Commander of the Office of Naval Intelligence Over the past 30 years, America’s information instrument has
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. US President Joe Biden has blamed Russia’s first major battlefield victory in Ukraine in nearly a year on the failure of the US Congress to pass a bill funding Kyiv’s army. Biden told his
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Diplomatic negotiations rather than a vote in the UK parliament will pave the way towards a lasting ceasefire in Gaza, Labour’s shadow foreign secretary David Lammy has said. On Sunday, Lammy sought to downplay the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels is to impose its first ever fine on tech giant Apple for allegedly breaking EU law over access to its music streaming services, according to five people with direct knowledge of the long-running investigation.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A senior banker has alleged that Morgan Stanley manufactured his job title to dupe European regulators into believing the bank had moved top staff to Frankfurt to comply with post-Brexit rules. The banker joined Morgan
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private schools in England are seeking to attract more overseas students as they prepare for the prospect of Labour imposing a sales tax on their fees if it wins the next general election. The drive