Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. A war between Israel and Hamas is now spreading to the Red Sea. Following attacks by Yemeni rebels linked to Iran, the world’s biggest shipping companies and oil producers are halting vessels sailing
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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. Sales of office buildings at La Défense on the outskirts of Paris have collapsed this year as the property downturn hits a business district conceived by the late French president Charles de Gaulle to rival
Shareholders in Gildan Activewear, one of the world’s largest clothing makers, have demanded the reinstatement of its chief executive and called for the resignation of the American Apparel owner’s chair. Toronto-based Turtle Creek Asset Management, which has a 3.2 per cent stake in Gildan, said the December 11 dismissal of Glenn Chamandy created “significant risks,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The frayed end of 2023, with decoupling still an active force and geopolitics in ragged shape, is an odd time for any politician to suggest — even indirectly — that their nation does not trust
House sellers in Beijing are cutting prices aggressively, according to brokers, despite official statistics that show the housing market in the Chinese capital remains buoyant. Interviews with more than two dozen real estate brokers across the capital, long one of China’s most desirable real estate markets, show transaction prices have fallen between 10 and 30
Narendra Modi’s official residence in New Delhi is on what used to be called Race Course Road. In 2016, it changed to Lok Kalyan Marg or “People’s Welfare Street”, a name more in keeping for a twice-elected leader with populist leanings and a flair for discarding the trappings of India’s colonial past. Past a cordon
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Warner Bros Discovery and Paramount Global are in early talks to merge, in a media deal that would combine the owner of HBO and CNN with the studio behind the Mission Impossible films and CBS News.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK public sector workers should not expect their wages to rise next year at the pace seen in 2023, ministers warned on Wednesday, prompting a backlash from unions who had called for reform of the
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. After a flat-footed response to the inflationary upsurge in 2021, the Bank of England is heading into the new year facing a barrage of complaints that it is proving too slow to recognise the marked
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland’s public television news channel halted broadcasting on Wednesday as the country’s new pro-EU administration asserted control over state media, which it said had become a mouthpiece of the rightwing former government. The abrupt shutdown
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. EU finance ministers have bowed to German pressure for tough debt-reduction rules, as part of a deal to phase in a sweeping overhaul of the union’s budget framework. After months of haggling, the package gives
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The UK and US are tightening rules around the shipping of Russian oil in an attempt to make it harder for Moscow to circumvent the so-called price cap, a policy aimed at squeezing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Court cases brought against a former president who also happens to be the frontrunner for a third go atop his party’s national ticket are inevitably political, regardless of high-minded claims by prosecutors and judges that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is rarely a good plan for political parties to rubbish their record in government, not least because voters might decide to believe them. If you want a leading indicator of a party heading for
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. UK chancellor Jeremy Hunt will on Thursday sign a financial services deal with Switzerland, claiming it will make it easier for financial firms and wealthy individuals in the two markets to do business with
Stay informed with free updates Simply sign up to the UK house prices myFT Digest — delivered directly to your inbox. UK house prices fell at the fastest pace in more than a decade in the year to October, with the biggest drops in London, according to official data that points to the impact of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The EU has struck a political deal to overhaul the bloc’s asylum and migration rules, concluding more than seven years of fraught negotiations over how to tighten the regime and share responsibility. The reforms, provisionally
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation slowed much more sharply than expected in November to 3.9 per cent, down from 4.6 per cent in October, according to official data that will add to pressure on the Bank of England
Stay informed with free updates Simply sign up to the Professional services myFT Digest — delivered directly to your inbox. Two years ago, the City’s professional services firms couldn’t hold on to their staff. Now, they can’t get rid of them. In 2021, a post-pandemic boom in demand for the services of accounting, legal and
It was the death of a baby at an overcrowded reception centre for asylum seekers in the Netherlands last year that convinced Prime Minister Mark Rutte that Europe was once again grappling with a migrant crisis. The three-month-old died in a sports hall in a village on the German border. The images of an overwhelmed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There can be little doubt that Donald Trump 2.0 would pose an even greater threat to US democracy than he did last time. Yet issuing the same warning to Americans again and again is not