Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer was on Tuesday hit by a new row over alleged antisemitism in the Labour party, after a second election candidate was suspended over comments about Israel’s war in Gaza. The Labour leader
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Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Donald Mackenzie, one of CVC Capital Partners’ co-founders and most successful dealmakers, is stepping back from Europe’s largest buyout firm ahead of its long-awaited public listing. Mackenzie, 66, was among a small group of executives
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Western Europe’s defence spending is outstripped by Asia’s and grew more slowly last year, the International Institute for Strategic Studies said onTuesday, despite the Russian invasion of Ukraine presenting the biggestsecurity threat to the region
Nato is set to announce that most of its members are on track to hit the alliance’s defence spending target as it prepares for more Russian aggression and braces for the potential election of Donald Trump. According to three officials, Nato will say on Wednesday that 18 of its 31 members will meet the target
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation slowed to 3.1 per cent in January, as the Federal Reserve considers how soon to begin cutting interest rates. Economists polled by Bloomberg had forecast annual consumer price inflation of 2.9 per cent,
Americans invented Beatlemania in 1964, which was bittersweet for the British, who had invented it in 1962. Something similar is happening now to Arm Holdings. The Cambridge-headquartered chip designer has doubled in value after posting quarterly results last week. Since its Nasdaq float in September, the stock is up 192 per cent. Its market cap
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Body Shop has appointed administrators for its UK arm, weeks after its new private equity owners took control of the business in a £207mn deal. The retailer, which has about 200 shops in Britain,
Stay informed with free updates Simply sign up to the Politics myFT Digest — delivered directly to your inbox. It might be useful to begin with a restatement of Ganesh’s Law. All actors in politics value “radicalism” apart from those who decide elections. Commentators demand it. Activists grow restless and mutinous without it. Politicians themselves
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. The US Senate has approved a $95bn national security funding bill including new aid to Ukraine, but the legislation risks languishing in the House of Representatives because of opposition from Donald Trump. The
Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. 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 Wages matter. Not just for living standards,
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia has put the prime minister of Estonia, Kaja Kallas, on a wanted list, the first time the Kremlin has sought criminal charges against a foreign leader nearly two years since Moscow’s full-scale invasion
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia intends to double the number of its troops stationed along its border with the Baltic states and Finland as it prepares for a potential military conflict with Nato within the next decade, according
Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. UK wage growth eased by less than expected in the three months to December, according to official data that will leave the Bank of England still looking for confirmation that inflation is falling. The annual
Michael Heffner had owned his detached house a short drive from the seafront in Virginia Beach for exactly one year when his home insurer abruptly cancelled coverage. “They just dropped me,” says Heffner, a US Navy officer. “There was no, ‘Hey, do you want to stay on with us if we charge more?’ Nothing.” Scrambling
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is international policy director at Stanford University’s Cyber Policy Center and special adviser to the European Commission The Wall Street Journal reported last week that OpenAI’s chief executive Sam Altman would seek up
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Good news! The US has taken a decisive step towards racial harmony, per the 2020 census: the country has 20mn more people in the “multiracial” group than it did before, thanks to changes to how
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The head of Macquarie’s booming commodities business, who was paid more than JPMorgan chief Jamie Dimon and 75 per cent more than the Australian financial group’s own chief executive last year, is to leave this
Stay informed with free updates Simply sign up to the Professional services myFT Digest — delivered directly to your inbox. US law firm Latham & Watkins is cutting off automatic access to its international databases for its Hong Kong-based lawyers, in a sign of how Beijing’s closer control of the territory is forcing global firms
US stocks retreated from record high territory to close lower, with investors now turning their attention to the release of official US inflation data on Tuesday. The benchmark S&P 500 ended 0.1 per cent lower, having gained as much as 0.4 per cent in the morning to set a record intraday high. More than two-thirds
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump has asked the US Supreme Court to put on a hold a ruling that barred him from using presidential immunity as a shield against criminal charges accusing him of meddling in the 2020
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England is seeing signs of an “upturn” in the economy, its governor said on Monday, as he played down the significance of upcoming data some analysts say will show the UK was