Donald Trump was forced to cancel all but one of his planned rallies in Iowa this weekend after a brutal winter storm ripped through the Midwestern state, bringing strong winds and record low temperatures. But when the former president appeared before a standing-room-only crowd at Simpson College, a small undergraduate school in Indianola, Iowa, on
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A derelict former gasworks near the centre of fast-growing Coventry, home to carmaker Jaguar Land Rover, seemed an ideal spot for redevelopment. A local planning inspector certainly thought so when he recently approved plans to build 700 homes on the site. But the decision last October came only after several years of negotiations, two refusals
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government will change the law to protect the litigation funding sector that allowed hundreds of sub-postmasters to take the Post Office to court in the Horizon IT scandal, the justice secretary has said.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the past year, a quiet but important change has taken place in the way Wall Street’s biggest banks take Chinese companies public. When they warn investors about risks, they are being more careful not
Chinese electric-car maker BYD has held talks about a potential takeover of a lithium producer in Brazil, in the global rush to secure raw materials for the EV revolution. BYD’s chair in the South American nation, Alexandre Baldy, said discussions had taken place with $2.9bn-valued Sigma Lithium over a possible supply agreement, joint venture or
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Five migrants died trying to cross the English channel on Sunday morning, as Prime Minister Rishi Sunak faces growing criticism over the effectiveness of his plan to ‘stop the boats’. About 70 people tried to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Police presence will be heightened in the City of London on Monday after six pro-Palestinian activists suspected of planning to disrupt the opening of the London Stock Exchange were arrested, the Metropolitan police said. The
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Security officials from 83 countries gathered in Davos on Sunday to discuss Ukraine’s demands for ending the war with Russia, in talks marked by rising non-western participation but limited progress towards peace. Held on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump and his Republican rivals for president battled to lock up support from Iowa voters over the weekend, in a final burst of campaigning across the Midwestern state before the party’s caucuses launch the
The biggest US banks believe American consumers have weathered the Federal Reserve’s cycle of interest rate rises in good shape, but a new poll shows Joe Biden is getting no credit ahead of November’s election. Voters in Iowa will fire the starting gun on the Republican presidential nomination process on Monday by holding caucuses to
The UK government tried to block the Japanese software company implicated in the Post Office scandal from new public IT contracts in the early 2010s in a drive nicknamed “Project Sushi”, according to British officials. The Cabinet Office pushed to formally exclude Fujitsu and other companies from bidding for government deals on the basis of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Reports of plagiarism against the academic Neri Oxman, wife of billionaire hedge fund manager Bill Ackman, are “accurate and well documented”, the chief executive of Business Insider has told staff. In a memorandum sent to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The victory in Taiwan’s presidential election of Lai Ching-te — a man Beijing has described as a dangerous separatist — gives the ruling Democratic Progressive party (DPP) an unprecedented third term in office. On the
Adebayo Ogunlesi, co-founder of Global Infrastructure Partners, credits his wife Amelia for a career switch that led on Friday to a $12.5bn deal and a leadership position at BlackRock, the world’s largest money manager. In 2005, Ogunlesi, then a top banker at Credit Suisse, was summoned to Omaha, Nebraska, by the energy arm of Warren
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. A top Federal Reserve official has said inflation could “see-saw” if policymakers cut rates too soon, warning that the descent towards the central bank’s 2 per cent goal was likely to slow in the months
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu has vowed to continue Israel’s war in Gaza “until total victory” as he marked 100 days of conflict against Hamas, with pressure on his government mounting through protests at home and criticism abroad.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A high-level US delegation of former top officials will arrive in Taipei later on Sunday, putting to the test China’s restraint in its response to its democratic neighbour’s presidential election. Taiwan on Saturday elected Lai
Before Taiwan’s voters went to the polls on Saturday, the Chinese Communist party made sure they knew its preferred outcome, calling on them to make the “right choice” between peace and war and denouncing the Democratic Progressive party’s Lai Ching-te as a dangerous separatist. But now that Lai has won the presidency, Beijing has toned
The deep subway tunnels of the Lukyanivska metro station in central Kyiv make an ideal air raid shelter — which is just as well as the station lies across the street from the Artem weapons factory and was damaged when Russia targeted the area in one of its biggest air strikes of the war. Ukraine
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the run-up to a summit on February 1, policymakers are still struggling to tie up loose ends in the midterm review of the current EU budget, which runs from 2021 to 2027. Time spent
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity can no longer rely on borrowing cheap money to fuel returns, and will have to go back to its roots of sourcing good deals and making operational improvements, according to the head of