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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. Normal people see rising wages as a source of cheer. But to Scrooge-like central bankers, bumper pay packets are a cause for concern. The OECD expects that in 2023 remuneration per employee in Britain will

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In psychology, for someone to shift away from an undesired behaviour there are two separate requirements. First, they need the self-awareness to recognise the issue. Second, they need the self-management skills to act on that

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The EU is set to give member states powers to end gas imports from Russia and Belarus nearly two years after Moscow’s full-scale invasion of Ukraine. Any member state will be able to ban

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia shelved plans for Mohammed bin Salman to visit London in the past few days, according to UK officials, shortly before the crown prince hosted Vladimir Putin in Riyadh. UK and Saudi officials have

US stocks posted their biggest daily gain since mid-November on Thursday, as shares in Alphabet and AMD leapt higher following fresh developments around artificial intelligence. The tech-heavy Nasdaq Composite closed up 1.4 per cent, with Google-parent Alphabet adding 5.3 per cent and semiconductor group AMD gaining 9.9 per cent. Alphabet had on Wednesday announced a

Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The government has exaggerated progress on its plan to reinvigorate the City of London, the chair of the Commons Treasury select committee said, as she called on the City minister to speed up delivery

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stuck in a hole over its immigration policy, Rishi Sunak’s Conservative UK government has chosen to dig deeper. Voter concerns, especially over asylum-seekers arriving in small boats, have been fanned by the political right, but

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock chief executive Larry Fink has hit out at the candidates for the Republican presidential nomination over their attacks on the $9.1tn asset manager during Wednesday’s debate, calling the references a “sad commentary on the

Labour’s shadow City minister has unveiled 10 grandees from the Square Mile to advise the party, insisting her party has long stopped “sneering at business”. Tulip Siddiq said Labour wanted to work with the banking sector and she promised to prioritise stability after the upheavals of Brexit and Covid. “We are not coming in and

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s reliance on “fickle and flighty” foreign buyers of its government debt is a growing risk to the stability of the gilt market, the head of Britain’s fiscal watchdog has said. Richard Hughes, the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The largest private donors to the Conservatives and Labour in the current parliament were both called Lord Sainsbury, as cousins from the eponymous supermarket dynasty handed vast sums to Britain’s biggest parties.  New figures from

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is author of ‘Black Wave’ and distinguished fellow at Columbia University’s Institute of Global Politics The second stage of Israel’s war against Hamas brings with it more devastation and death for Palestinians in

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the golden rules of business is to respect the customer. That principle has served Elon Musk brilliantly when it comes to Tesla or SpaceX. If you want to drive a cool car or

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s biggest electric-vehicle battery maker has hit back against accusations it poses a national security threat after the Chinese company’s technology was cut off from a US military base. “Accusations about CATL batteries posing

Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. Somerset Capital Management, the boutique fund manager co-founded by Tory MP Sir Jacob Rees-Mogg, is to wind down after large client redemptions made the business unsustainable. The move marks a dramatic reversal in fortunes for

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak said on Thursday that his new immigration bill fully addressed the concerns of the UK Supreme Court about his policy of sending asylum seekers to Rwanda.  The prime minister said a new treaty

Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Moody’s Investors Service advised staff in China to work from home ahead of its cut to the outlook for the country’s sovereign credit rating, a suggestion staff believed was prompted by concern over

Stay informed with free updates Simply sign up to the Chinese trade myFT Digest — delivered directly to your inbox. China’s exports rose slightly in November, breaking a six-month run of consecutive declines and giving a boost to policymakers looking to revive a flagging recovery in the world’s second-largest economy. Exports rose 0.5 per cent

Early each summer, the bus began to fill with teenagers. Tang Mingfang, a 40-year-old office manager, watched as his shuttle from the workers’ dormitories to Foxconn Hengyang, an Amazon supplier factory in southern China, grew more crowded with kids brought in to assemble Kindle ebooks and Echo speakers for Christmas. By the peak of the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Venezuela’s President Nicolás Maduro has dramatically raised the stakes in his country’s border dispute with Guyana, ordering state companies to exploit contested oil and mineral deposits and redrawing official maps after claiming an “overwhelming” mandate

Behind the glittery facades of London’s Selfridges and New York’s Chrysler Building, Austrian property billionaire René Benko assembled a financial time bomb. Benko’s Signa Group, which bought stakes in the two trophy assets and amassed a €27bn ($29bn) property portfolio, racked up at least €13bn in debt during the years when the cost of borrowing