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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. The French parliament on Wednesday voted to oust prime minister Michel Barnier over his proposed deficit-cutting budget, plunging the country into deeper political turmoil. A motion of no confidence was approved by 331 votes in
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has nominated cryptocurrency advocate Paul Atkins to chair the US Securities and Exchange Commission, drawing cheers from across the finance industry as it hopes for a more favourable regulatory climate under
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It will go down as one of the shortest impositions of martial law in history. Just six hours passed between South Korean President Yoon Suk Yeol’s declaration of military rule on Tuesday night, and his
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Mexico said it had made the country’s largest seizure of fentanyl as it seeks to ward off US president-elect Donald Trump’s threat of tariffs on its exports. A navy-led operation seized more than
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
A UK-led operation has uncovered a multibillion-dollar money laundering scheme run out of London, Moscow and Dubai that enabled Russian spies and European drug traffickers to evade sanctions using cryptocurrency. The UK’s National Crime Agency said on Wednesday that its “Operation Destabilise” investigation centred on two companies — Smart and TGR — that acted as
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has discussed replacing Pete Hegseth, his controversial nominee to lead the Pentagon, with candidates including Ron DeSantis, the governor of Florida, according to two people close to the talks. The discussions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. General Motors has taken a $5bn charge against its businesses in China, laying bare the slowdown in what was once the US carmaker’s largest market. On Wednesday, GM said that there was a “material loss
close video Hunter Biden held accountable, then singled out with presidential pardon: whistleblower IRS whistleblowers Gary Shapley and Joe Ziegler react to the commander in chief’s decision to pardon his son ahead of his Oval Office exit on “The Bottom Line.” After his unconditional pardon from his father, Hunter Biden faces accusations that he owes
A few hours after the American stock markets closed on Monday night, President-elect Donald Trump announced that he was “totally against” the sale of U.S. Steel to a Japan-based competitor. “As President, I will block this deal from happening,” Trump promised. When those same stock markets opened this morning, shares of U.S. Steel sank by
close video Construction industry readying for ‘a new wave’ of workers, business leader signals Contractor Consultants founder Matt DiBara says the U.S. has ‘built an entire system’ and workforce around immigrants. One business leader in the construction industry is preparing for a "new wave" of workers as President-elect Donald Trump’s immigration plans could remove millions
Budget carrier Frontier Airlines said Tuesday it will offer first-class-style seating to woo passengers willing to spend more. Frontier previously added more seats with extra leg room and business fares targeted at small companies. Other budget carriers have also been targeting higher fares. In August, Spirit Airlines began offering intra-Europe-style business-class seats with a guaranteed blocked middle seat, while Southwest Airlines said in July it planned to
Elon Musks SpaceX is reportedly weighing a share of insider shares that would value the rocket company at approximately $350 billion, according to a report. The tender offer in which employees and early investors are allowed to sell shares at a specific time and price would mark a rapid jump in value for SpaceX. Musks
Alex Mashinsky, the founder and former CEO of cryptocurrency lender Celsius Network, pleaded guilty on Tuesday to two counts of fraud. Mashinsky, 59, was indicted on July 13, 2023, on seven counts of fraud, conspiracy and market manipulation charges. Federal prosecutors in Manhattan said he misled customers of Celsius to persuade them to invest, and artificially inflated the value of his
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Had Kamala Harris won the US election last month — and it was close, remember, despite the tone of the coverage since then — would Donald Trump have conceded defeat within 24 brisk
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. President Emmanuel Macron has called on French lawmakers not to topple Michel Barnier’s government ahead of a no-confidence vote, even as he downplayed the economic risks of the administration’s likely collapse. The opposition supporting two
The Bank of England expects four interest rate cuts next year if its outlook for the UK economy bears out, Andrew Bailey said on Wednesday, as he welcomed recent declines in inflation. Speaking to the FT’s Global Boardroom conference, the BoE governor said consumer price inflation had fallen more rapidly than policymakers expected a year
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