Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Pentagon has convinced more than a half dozen allies to join a strengthened naval task force in the Red Sea amid mounting attacks by Iran-backed rebels on commercial shipping that have driven oil prices
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BlackRock on Monday was sued by the US state of Tennessee, which accused the $9.1tn New York-based asset manager of violating consumer protection laws by misusing environmental, social and governance factors in its investment strategy. The lawsuit filed by state attorney-general Jonathan Skrmetti alleged that BlackRock had been inconsistent in stating whether it focused exclusively
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. Trevor Milton, the founder of electric and hydrogen-powered truckmaker Nikola, was sentenced to four years in prison on Monday for lying to investors about the readiness of his start-up’s technologies in order to boost its
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple will stop selling its smartwatches through the company’s own US stores before Christmas after losing a patent infringement case, dealing it a blow during the holiday sales season. The iPhone maker said it would
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has become embroiled in a bitter row with Baroness Michelle Mone, a Conservative peer, over her role in a medical equipment company that won over £200mn of state contracts during the pandemic. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the things that forces a rich country to open its doors to immigrants is the need to find people to do work that their own population is unwilling or unable to do. And
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Adobe has terminated its proposed $20bn merger with product design software company Figma, following competition probes from EU and UK regulators. The UK’s Competition and Markets Authority said that combining the two companies would threaten
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP has become the first oil major to pause all shipments through the Red Sea, citing a “deteriorating security situation” because of escalating Yemeni rebel attacks on ships passing through a route that handles about 10
Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. Uncertainty over the state of the UK’s labour market will force the Bank of England to wait longer before it can safely conclude inflation is on the way down and cut interest rates, according
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Freshfields Bruckhaus Deringer’s former global head of tax told a Frankfurt court he “totally failed” as a lawyer and “glossed over the fact that my legal advice was used for illegal means”, as he stands
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Unilever has announced it will sell a group of more than 20 brands including Q-tips, Timotei shampoo and Impulse body spray to private equity group Yellow Wood Partners, the latest in a series of sales
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. A top official at the Federal Reserve has warned that financial markets had jumped “a little bit ahead” by pencilling in early interest rate cuts next year, the latest attempt by the US central
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine goes into the new year short of ammunition, money and diplomatic support. Underlying these critical shortages, there is another important deficiency. The country and its western backers no longer have a convincing theory
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. China has cut back on “dangerous” fighter jet intercepts against US aircraft since last month’s summit meeting between presidents Joe Biden and Xi Jinping, according to the top US military commander in the Indo-Pacific region.
Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Sign up here to get it sent straight
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Corporate bankruptcies are increasing at double-digit rates in most advanced economies as borrowing costs rise and governments unwind pandemic-era worth trillions of dollars support for struggling businesses. Following a decade of decline the number of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak was quick to declare victory in November when he met his goal of presiding over a halving of inflation. But the prime minister had less room for rejoicing over one of the other
Rosanne Wong should be enjoying a year of recovery at her four cigar shops in Hong Kong, after three years of Covid restrictions were finally lifted at the start of the year and traditionally high spending mainland Chinese tourists returned. Hand-rolled Cuban cigars have been in high demand — prices for some of the most-sought
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amid all the excitement about inflation falling and the cautiously optimistic COP28 deal, last week’s report from the OECD into international financial literacy levels unsurprisingly garnered few headlines. And yet for most people the humble
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy “It turns out that inflation was transitory after all; it just took longer.” Such a view is being heard a
For a man confronting the darkest situations on Earth, Martin Griffiths retains a surprising light touch. “God, I’d love to do this off the record — but I won’t,” he says, followed by a laugh, near the start of our interview. He later explains his right eye is bruised after an incident with a table