Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rudy Giuliani, the former New York City mayor who became involved with Donald Trump’s effort to overturn the 2020 US presidential vote, must pay a total of $148mn to two electoral workers in Georgia he
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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. Barclays is in danger of losing its prestigious position as the bank of Cambridge university after more than 200 years, as students and staff lobby for a greener lender. Cambridge has notified banks and asset
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Wall Street is on track for its longest streak of weekly gains in six years as a near-15 per cent rally in US stocks since late October puts blue-chips within sight of a record high.
Ukraine’s Volodymyr Zelenskyy began this week hopeful that his two biggest allies in the face of Russia’s invasion would finally approve financial aid packages worth a total of $115bn. He ended it with little to show for it. Fraying support for Kyiv in Washington and Brussels coincided with Russian President Vladimir Putin vowing to attack
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The only thing Jay Powell could have done to deliver a stronger impression of a festive giveaway to global markets this week would have been to conduct his press conference decked in an oversized red
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s military expressed “deep remorse” on Friday after announcing that it had accidentally killed three Israelis held hostages in the Gaza Strip during fighting in the enclave. The Israel Defense Forces said that the incident
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK asset manager Abrdn has slashed employee benefits as part of a fresh round of cost cuts, halving redundancy payouts and reducing the length of paid parental leave by about a third. The company has
After UK competition officials said they were preparing to investigate Microsoft’s multibillion-dollar alliance with OpenAI last week, the San Francisco-based start-up quietly made a change to its website. Having previously described the tech giant as a “minority owner” in OpenAI, the wording was changed over the weekend to describe Microsoft as only holding a “minority
Every UN climate COP ends with a mix of relief, exhaustion and bafflement. The two-week COP28 conference in Dubai was no exception. It ran nearly 24 hours over schedule and headlines centred on 34 agonisingly crafted words in the final text that called on countries to shift away from fossil fuels in energy systems. Markets
Debates about UK education policy can sometimes seem about as insightful as a chat in the pub. Even Boris Johnson complained, while shadow universities minister, of political “saloon bar analysis”. But the answer to one of the latest burning education questions — can prime minister Rishi Sunak’s promise of maths classes to the age of
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. John Williams, president of the Federal Reserve Bank of New York, has tried to temper speculation about imminent interest rate cuts by the US central bank, saying such discussions were “premature”. The comments from
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two of the world’s biggest container shipping companies have halted journeys by their vessels approaching the entrance to the Red Sea in response to mounting security threats, moves that risks serious disruption to trade through
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Retail investors poured money into gilts and passive funds in 2023, as they looked to capture yields driven up by high interest rates and to spread the risks of economic uncertainty. Interactive Investor, the UK’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an FT contributing editor, the chair of the Centre for Liberal Strategies, Sofia, and fellow at IWM Vienna “There’s a man — Viktor Orbán — did anyone ever hear of him?” Donald
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. EU leaders gathering in Brussels have vowed to find a way to support Ukraine after Hungary’s Viktor Orbán vetoed a €50bn lifeline for the war-torn country. Estonia’s Prime Minister Kaja Kallas said that “Ukraine will
Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. A California jury did not have much time for Google this week. After a four-week trial, it took less than four hours to decide that the company had broken antitrust laws to make billions from
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK business activity rose at the fastest pace in six months in December, according to a closely watched survey that suggests economic output might not fall in the final quarter. The S&P Global/Cips flash UK
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shari Redstone fought for years to take over her family’s media empire, enduring a bitter succession saga in which her own father was her biggest obstacle. Now, four years after finally taking the reins, the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US national security adviser Jake Sullivan said it would neither “make sense” nor be “right” for Israel to reoccupy Gaza, as American and Israeli officials continue to push diverging visions of the strip’s postwar future.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ukraine badly needs financial, military and political support from its western allies. On the latter, at least, the EU has come good. On financial aid, it has failed to step up to the plate at
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday and Saturday morning Good morning. A mega scoop to start: