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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. 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

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korean officials stepped in to shore up support for the country’s financial markets as investors braced for political uncertainty after President Yoon Suk Yeol’s failed attempt to impose martial law. Kim Byung-hwan, head of

Stay informed with free updates Simply sign up to the Global inflation myFT Digest — delivered directly to your inbox. The OECD has warned central banks against cutting interest rates too fast, flagging the threat posed by “persistent” inflation in the price of services. The Paris-based organisation said in its latest global outlook that the

Hours after Syrian rebels swept into Aleppo on Friday night, Abdulkareem Laila ventured into the city for the first time in eight years. The insurgents had set up checkpoints and imposed a curfew and the fighting with regime forces, whose ranks seemed to fold before the lightning offensive, had only just subsided. But Laila was determined

Just six hours elapsed between South Korean President Yoon Suk Yeol’s declaration of martial law on Tuesday night and his subsequent climbdown, leaving the country in political turmoil. As a hardline chief prosecutor serving under Moon Jae-in, his leftwing predecessor as president, Yoon oversaw the imprisonment of former conservative president Park Geun-hye and Samsung chair

The head of Germany’s Bundesbank has called on Berlin to soften its tough spending rules, warning that Europe’s largest economy faced a “complicated” and “weak” outlook. Germans are set to head to the polls in February, with the post-pandemic stagnation of Europe’s largest economy feeding into widespread voter discontent with Chancellor Olaf Scholz’s ruling coalition.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Claridge’s owner Maybourne is planning to nearly triple its number of hotels in the next decade, expanding into Paris, New York, Miami and Dubai to tap into booming demand for luxury travel. The company, which

There is little more comforting to the people of Kherson these days than the sight of bad weather. When clouds gather, rain pours and winds sweep through this southern Ukrainian city, locals take their cue to run errands — sensing a pause, at least temporarily, in the terror that has filled their skies. Kherson’s civilians

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activist investor Palliser Capital has stepped up its campaign for Rio Tinto to abandon its primary London listing, demanding an independent review of whether the miner should follow rival BHP and unify its corporate structure

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Job interviews are laden with opportunities for humiliation. Who wants to describe their greatest weakness to a panel of peers? Or be made to feel like a quiz show contestant with brainteasers like “how many

Cryptocurrencies representing a euthanised grey squirrel, a Thai pygmy hippopotamus and a cartoon dog have exploded in value since last month’s US presidential election, as Donald Trump’s victory triggers a surge in speculation in so-called memecoins. The market for tokens representing online viral moments has expanded rapidly since early November as traders bet that Trump’s

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korea’s President Yoon Suk Yeol faced mounting calls for his impeachment on Wednesday after his failed attempt to impose martial law triggered the country’s worst constitutional crisis in decades. Opposition lawmakers called on him

Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. French state-owned energy giant EDF will keep four ageing nuclear power stations in Britain open for longer than planned, in a boost to the UK’s energy security. The company said two stations currently due to

Yoon Suk Yeol vowed that as South Korean president he would “rebuild this great nation” into one “that truly belongs to the people” when he delivered his inauguration speech in May 2022. Instead, his presidency has been marked by mounting unpopularity and political dysfunction, culminating on Tuesday in his declaration of martial law in the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government plans to take South Western Railway into public ownership in May, in the first nationalisation of the country’s passenger rail network under Sir Keir Starmer’s Labour administration. Ministers will step in once

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alex Mashinsky, the founder of collapsed cryptocurrency lender Celsius Network, pleaded guilty on Tuesday in a criminal case alleging that he misled investors about the company’s financial condition and used customer funds to manipulate the

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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 UK government has admitted nationalising British Steel is one option open to it if its efforts to rescue the Chinese-owned company fail in the coming months.  But officials insist that taking the business into

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korean President Yoon Suk Yeol has signalled he intends to back down from his threat to impose martial law, hours after triggering a political crisis in the east Asian country. Yoon, a hardline former

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Investors’ rush into artificial intelligence stocks this year has overplayed the near-term potential of the technology, raising the risks of a “correction” in share prices, asset management powerhouse Vanguard has warned. Joe Davis, Vanguard’s chief