Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former chair of the US Federal Deposit Insurance Corporation and author of the ‘Money Tales’ books I am a former financial regulator. I also write children’s books. Since I started doing
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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. Germany’s former finance minister Wolfgang Schäuble died on Tuesday evening at the age of 81, a spokesperson for the centre-right Christian Democrats said. The conservative politician is best known internationally for his role as an
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global production for Toyota, the world’s biggest carmaker by sales, has reached an all-time annual high with one month left of 2023, in a vindication of a strategy often criticised for not putting enough emphasis
It is spring 2027, and Emmanuel Macron and Marine Le Pen are walking out together on to the stone steps of the Élysée Palace. A red carpet has been laid down in the courtyard for the occasion: the ceremonial handover of presidential power. The far-right, populist leader — Macron’s rival and foil for the past
(noun) A new geological epoch defined by the irreversible impact of human activity on Earth Around the turn of this century, earth scientists started to discuss the idea that humanity had pushed the world into a new geological era through the combined effects of climate change, pollution and diminishing biodiversity. The concept of the Anthropocene
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. JPMorgan Chase captured almost a fifth of all US bank profits in the first nine months of 2023, capitalising on a year of turmoil for the country’s financial sector to emerge even more dominant. Its
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A veteran German asset manager has blamed Volkswagen’s “flawed” corporate governance for its share price underperformance and criticised its controlling shareholders for failing to address the issue. “Ever since the diesel scandal, the flaws [in
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The EU is preparing a back-up plan worth up to €20bn for Ukraine, using a debt structure that sidesteps the objections of Hungary’s Viktor Orbán about funding the war-torn country. After EU leaders failed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour is exploring ways to process asylum seekers’ claims outside Britain in a bid to bring down the number of small boats crossing the English Channel, as the main opposition party prepares for a 2024
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has been banned from selling the Watch Series 9 and Watch Ultra 2 in the US after President Joe Biden’s administration refused to grant a reprieve from a trade tribunal’s decision that it had
You can enable subtitles (captions) in the video player This is the most intense period for the global banking sector for 15 years. I don’t think it’s unfair to say there was outright panic. I start getting text messages from friends and family saying is something going wrong? That’s not generally a good sign. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How much is a bond worth? In 2023, investors learned that it depended on what you intended to do with it. Think, for instance, of the US regional banking crisis that kicked off with the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Not so long ago, the priorities for the boss of a publicly listed company seemed so much simpler: manage and expand the business effectively enough to earn a decent return for shareholders. This may be
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a science commentator The post-Christmas period is often a time for weighing things up, whether taking stock at the end of the year or preparing for the one ahead. For others, it
Global banks eliminated more than 60,000 jobs in 2023, marking one of the heaviest years for cuts since the financial crisis and reversing much of their hiring as they emerged from the Covid-19 pandemic. Investment banks suffered a second consecutive year of plummeting fees as dealmaking and public listings dried up, leaving Wall Street trying
A century ago the makers of a revolutionary new drug called insulin promised not to make “nasty profits”. Their commitment created what is now the largest charitable foundation in the world, fuelled by the latest major development in medical science: anti-obesity drugs. The Novo Nordisk Foundation is the controlling shareholder of Danish drugmaker Novo Nordisk,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a financial journalist and author of ‘More: The 10,000-Year Rise of the World Economy’ In most Hollywood horror movies, the monster is incredibly hard to kill. Not until the final moments of
Stay informed with free updates Simply sign up to the Companies myFT Digest — delivered directly to your inbox. (noun) grouping of large tech stocks that has dominated US and global markets For a short time at the start of 2023, stock markets behaved as recession-obsessed investors expected: badly. But a drab start quickly gave
Every day, Peter Stamp goes into his home office in northern Germany and clears all distractions for an hour. He opens his laptop and scans through a list of over 140 questions that ask about the future. These questions span global conflicts, currency movements and economic policy. Stamp looks at each one, thinking through whether
A huge rally driven by the US Federal Reserve’s recent about-face on interest rates has left some big-name fund managers nervous that markets now look highly vulnerable to disappointing economic news. Stocks and bonds have ripped higher over the past two months, and received a major boost when the Fed dropped its biggest hint yet
The number of UK first-time buyers getting on the housing ladder is on track to hit a 10-year low as higher mortgage rates make purchasers more reliant on the so-called Bank of Mum and Dad. The number of mortgages obtained by first-time buyers is down nearly one quarter so far this year compared with 2022,