Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a science commentator Who needs Succession when the UK Covid inquiry is on YouTube? The real-life rollercoaster drama, which began public hearings in June, has been lifting the veil on how decisions
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Inflation’s sharp slowdown across advanced economies has created a stand-off between markets and central banks over when borrowing costs will edge lower. To one side are central bankers warning it is too early to do a victory dance in their fight for stable prices, while on the other investors are already celebrating by betting on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has proposed winding down its credit card and savings account partnership with Goldman Sachs sooner than planned. A term sheet offered by Apple would create an option to end the current multiyear contract in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uber is courting one of its oldest foes, the London black-cab driver, as it looks to add a new taxi option to its fleet in the UK capital next year. San Francisco-based Uber has begun
Saudi Arabia’s sovereign wealth fund has taken a stake in London’s Heathrow airport as the Spanish infrastructure group Ferrovial offloads shares in the UK’s main travel hub that it has owned for 17 years. The stake has been purchased by Ardian, a European private equity group, and the Public Investment Fund, Ferrovial said late on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia’s sovereign wealth fund is taking a £1bn stake in London’s Heathrow airport as the infrastructure group Ferrovial offloads shares in the UK travel hub it has owned for 17 years. Ferrovial, which shifted
There is perhaps no one celebrated more today for making money than Warren Buffett. But the tens of billions of dollars he amassed — and the zealous investment groupies that followed — may have never materialised if not for one man: Charlie Munger. Munger, who died on Tuesday at age 99, was Berkshire Hathaway’s acerbic
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Charlie Munger, the vice-chair of Berkshire Hathaway, died at the age of 99 on Tuesday morning at a California hospital, the US investment conglomerate announced. Warren Buffett, Berkshire’s chief executive, said in a short statement
Your browser does not support playing this file but you can still download the MP3 file to play locally. Markets have rallied almost 11 percent in November, in part on expectations that the Fed is done raising rates. Today on the show, we look at the Fed’s likely pause and how investors are responding. Also
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A top CIA official posted a pro-Palestine image on Facebook two weeks after Hamas attacked Israel, in a rare public political statement by a senior intelligence officer on a war that has sparked dissent within
Claustrophobic rooms, lowered voices, rice rations and threats: a picture is emerging of the distress and discomfort of life in the hands of Hamas, after the Palestinian militant group began releasing women and children as part of a temporary truce deal with Israel. Speaking publicly in the week that dozens of captives were released, relatives
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a professor of International Relations emeritus at Sciences-Po (Paris) and a former senior adviser to the United Nations secretary-general Before October 7, the world saw Israel as a start-up nation, with a
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. The dollar hit a three-month low on Tuesday and US Treasury yields slid as investors grew increasingly confident that the US Federal Reserve will start cutting interest rates by mid-2024. The US currency slid
Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. There is no scope to cut UK interest rates “anytime soon”, a Bank of England policymaker has warned, echoing warnings from senior officials that borrowing costs will remain at or near their current level
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Not long ago, “most governments had believed that closer economic integration would promote long-term prosperity. Now, integration is seen as a source of risk and insecurity.” This is how London-based Capital Economics introduces an intriguing
Stay informed with free updates Simply sign up to the Politics myFT Digest — delivered directly to your inbox. At the next general election, British voters will return either a centre-right government or a centre-left one. For comparison, the spread of plausible outcomes in the US includes a second term of Donald Trump. In France?
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Adobe’s proposed $20bn merger with Figma would harm competition in product design software by uniting two of the main companies in the sector, the UK’s antitrust regulator has said in the latest challenge to the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. President Joe Biden and other senior US officials have warned Israel that its planned offensive in southern Gaza must avoid the kind of mass internal displacement triggered by its bombardment of the north. According to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel and Hamas are set for a fifth consecutive transfer of hostages and prisoners after the warring sides agreed to extend a pause in fighting for an additional 48 hours. Under an extension of what
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The new minister for the City of London has said UK regulators need to be more comfortable with risk-taking by companies. Bim Afolami, who was promoted in a ministerial reshuffle this month, said on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UBS chair Colm Kelleher said he would like to line up a shortlist of three potential successors for chief executive Sergio Ermotti within the next “couple of years”, aiming to emulate the smooth succession process