Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
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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 Azerbaijan Airlines flight carrying 62 passengers and five crew has crashed while making an emergency landing at a Kazakhstan airport, with 29 survivors, including two children, taken to hospital. Videos on local media showed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. De Beers Group has amassed its biggest stockpile of diamonds since the 2008 financial crisis, laying bare the group’s challenge in reviving demand for jewels long seen as the pinnacle of luxury. A slump in
Every night without fail, a mobile phone rings in the Holy Family church in Gaza, and a parish priest answers. The voice at the end of the line is that of Pope Francis, head of the Catholic Church and spiritual leader to a global flock of 1.4bn people. For more than a year, the pontiff
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an author of fiction, cookery books and poetry anthologies. Her latest book is ‘The Dinner Table’, a collection of food writing There is something paradoxical about Christmas. Perhaps it’s the whole God-baby
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. (noun) an influencer with a podcast, invariably male, who styles himself as the liberal elite’s enemy and antidote “Bro-caster is the opposite of broad-caster” is the sort of joke you might expect from a bro-caster. It’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has stepped up a nationwide campaign to convince single people to date, marry and have children as Beijing grapples with an increasingly severe demographic crisis. Local governments are cold-calling married women to ask about
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fine wine investors have been left with little to toast this year, after prices of top-end Burgundies and vintage Champagnes fell sharply as demand from Chinese buyers dried up. The price of Burgundy dropped 14.4
Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Private equity funds cashed out just half the value of investments they typically sell in 2024, the third consecutive year payouts to investors have fallen short because of a deal drought. Buyout houses typically sell
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Syria’s rebel factions have agreed to disband and become part of the interim government’s defence ministry as the new administration rushes to consolidate power within revamped institutions. The new government’s commander-in-chief Ahmed al-Sharaa — former
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Share Tweet By Tr Goins-Phillips Editor December 19, 2024 Investigators have discovered a nearly 2,000-year-old silver amulet attached to a necklace around the neck of a skeleton buried in Frankfurt, Germany, possibly highlighting the early presence of Christianity in the Roman Empire. At just 1.4 inches long, the amulet contains an ultra-thin sheet of silver
The US Food and Drug Administration on Monday approved Hikma Pharmaceuticals’ generic version of Novo Nordisk’s diabetes drug,Victoza, clearing the way for the launch of another copy of the treatment in the country. Hikma’s branded generic will compete with Teva Pharmaceuticalsauthorized generic of Victoza in the United States that was launched earlier this year. Authorized
The Food and Drug Administration elevated its recent recall of more than 10,000 cartons of eggs sold at Costco to the highest alert level due to fears that salmonella contamination will “cause serious adverse health consequences or death.” In late November, Costco announced that it was recalling nearly 260,000 eggs sold under the Kirkland Signature
The U.S. consumer finance watchdog accused Walmart (WMT.N), opens new tab and the workforce payments company Branch Messenger on Monday of forcing more than a million delivery drivers into using accounts that cost them more than $10 million in junk fees. The Consumer Financial Protection Bureau said in a lawsuit that Walmart had told “last mile” drivers
Apple is poised to become the first company to cross the $4 trillion threshold — powered by investors cheering the tech giant’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales. The company, led by Tim Cook, has pulled ahead of Nvidiaand Microsoftin the race to the monumental milestone, thanks to an about 16% jump in
Paramount Global boss Shari Redstone is reportedly banking on her friendly relationship with President-elect Donald Trump to help the media giant skirt any FCC issues in its merger with Skydance — and help her walk away with a windfall. Redstone, the daughter of the late media titan Sumner Redstone, has “has gotten along” with Trump
The U.S. consumer finance watchdog accused Walmart (WMT.N), opens new tab and the workforce payments company Branch Messenger on Monday of forcing more than a million delivery drivers into using accounts that cost them more than $10 million in junk fees. The Consumer Financial Protection Bureau said in a lawsuit that Walmart had told “last mile” drivers
The US Food and Drug Administration on Monday approved Hikma Pharmaceuticals’ generic version of Novo Nordisk’s diabetes drug,Victoza, clearing the way for the launch of another copy of the treatment in the country. Hikma’s branded generic will compete with Teva Pharmaceuticalsauthorized generic of Victoza in the United States that was launched earlier this year. Authorized
The Food and Drug Administration elevated its recent recall of more than 10,000 cartons of eggs sold at Costco to the highest alert level due to fears that salmonella contamination will “cause serious adverse health consequences or death.” In late November, Costco announced that it was recalling nearly 260,000 eggs sold under the Kirkland Signature
The World Health Organization Dec 24 2024 20 December 2024 was a crucial moment for Luxembourg in supporting WHO and strengthening global public health, to make progress towards the Sustainable Development Goals in 2025–2028. A Strategic Partnership Framework (SPF) with the Ministry of Development Cooperation and Humanitarian Affairs was signed amounting to €46.5 million – the
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