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For months, the Ford dealership in the North Hills neighbourhood of Los Angeles sold the electric Mustang Mach-E at a mark-up, citing huge demand. Today, more than 100 of the battery models sit on its lot, waiting for buyers. Down the road, the rival Kia dealership is offering money off its new battery vehicles, while

Influence — the power to persuade, advocate for change and imagine better ways of doing things — takes many forms. Nowhere is this more clear than in the magazine’s annual Women of the Year issue, a list of the world’s most influential women written about by other powerful women on the international stage. This special project

For years, as Berkshire Hathaway climbed towards its $780bn valuation, investors wondered what would happen when Warren Buffett or Charlie Munger, the nonagenarians who personified the sprawling conglomerate, died. They got their answer on Wednesday: almost nothing. The market response to Munger’s death was the kind of reaction that the two men, who spent more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. © Getty Henry Kissinger aged 11 in Germany, with his arm around his brother Walter, 10. © Alfred Eisenstaedt/LIFE/Getty In Washington in 1965. © Alfred Eisenstaedt/LIFE/Getty In the White House barber shop with barber Milton

For nearly a decade, Henry Kissinger, the US national security adviser and secretary of state who has died at 100, was able to put into practice what he had preached in his academic career — that realpolitik diplomacy was rooted in the understanding that achieving a balance of power, as was in place between the

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s manufacturing activity contracted for the second month in November, indicating weakening momentum in the world’s second-largest economy despite increased government efforts to boost growth. The country’s official manufacturing purchasing managers’ index came in at

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Henry Kissinger, the former US secretary of state and national security adviser who helped open up relations with China, usher in a detente with the Soviet Union and end America’s war in Vietnam, has died

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Far-right ministers in Israel piled pressure on Benjamin Netanyahu to spurn a broader hostage-for-prisoner release deal with Hamas, even as the Palestinian militant group released another 16 people and talks continued over extending the temporary

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The BBC will scale back spending on its news services as the UK national broadcaster tries to cut £500mn from its overall costs in response to a funding squeeze. In an announcement on Wednesday, the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google DeepMind researchers have discovered 2.2mn crystal structures that open potential progress in fields from renewable energy to advanced computation, and show the power of artificial intelligence to discover novel materials. The trove of theoretically

Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Central banks in western Europe may need to keep interest rates at high levels until 2025 — much longer than financial markets are expecting — to guard against stubborn inflationary pressures, the OECD has warned. 

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. By all means block the deal but spare us the sanctimony. A campaign is on to prevent Sheikh Mansour bin Zayed al-Nahyan, vice-president of the United Arab Emirates, buying a major piece of the British

“Years from now, our grandchildren will reflect on humanity’s moral courage to solve the climate crisis and they will look to December 12, 2015, as the day when the community of nations finally made the decision to act.” That’s what Al Gore said in a statement that dropped into my inbox at 6.46pm on the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Is America doomed to a rerun of the last election? Whichever of the two parties dumped its frontrunner would probably have next year’s vote sewn up. Though Joe Biden and Donald Trump are both unpopular,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK mortgage approvals rose more than expected in October, according to official figures published on Wednesday that point to a stabilisation in the property market after a prolonged period of low house sales. Net mortgage

The writer is professor of public policy at the University of Cambridge and a research theme lead at The Productivity Institute Why are economists — and politicians — obsessed with productivity? For two reasons. The first is that unless productivity is rising, living standards stagnate; productivity growth reflects businesses and public services using inputs of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India has announced it has formed a committee to investigate security issues after the US warned New Delhi over an alleged assassination plot targeting a Sikh separatist on American soil. The Financial Times reported last

US bonds are on track to record their best monthly performance in nearly four decades, as growing optimism about interest rate cuts by the Federal Reserve next year fuels a dramatic rebound from an early autumn sell-off. The Bloomberg US Aggregate bond index, a widely tracked measure of total returns on US fixed income, has

Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. The UK’s competition watchdog has accused suppliers of branded products of contributing to food price inflation by pushing up their prices by more than their costs. The Competition and Markets Authority said on Wednesday that

When Donia Abu Mohsen, 13, briefly regained consciousness after an Israeli missile strike in south Gaza, she was covered in broken masonry and lying on a rooftop where the blast had flung her. Her father was bleeding next to her, and her younger sister, Dania, 9, was crying. Donia cannot remember what happened next after

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Last week, while most of my family was watching American football in a turkey-induced stupor, I got bored. So I pulled out my smartphone and ordered a new camera lens to boost the quality of