Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Once more, a senior US official is in the Middle East pushing for a deal to halt the war in Gaza and secure the release of Israeli hostages held by Hamas. This time it is
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Natalia Arno was fully inside the hotel room before she noticed the smell. It was sickly sweet, like a cheap perfume at the drug store, only more nauseating. It was May 2 2023, and Arno had arrived in Prague the night before, on part of a European tour. The Russian activist and non-profit director had
In late 1989, no person better symbolised Japan’s postwar rise to economic superpower than Akio Morita, Sony’s co-founder, who stunned the world with a $3bn acquisition of Columbia Pictures. That same year, an unauthorised English translation of an explosive essay he co-authored, titled “The Japan That Can Say No”, went viral among America’s elite. Citing
Steering the UK economy out of the inflationary storm would always require unusual finesse, but the task would be easier if the Bank of England governor had an unemployment number he could trust. The problem, highlighted by Andrew Bailey in a recent hearing, stems from deeply flawed labour market data from the Office for National
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Go for it! Just a few more steps! Breathe in a bit, the suit still fits! The reason the Japanese word “gambatte!” (and the very slightly more brusque “gambare!”) is so tricky to translate lies
Stay informed with free updates Simply sign up to the Japanese business & finance myFT Digest — delivered directly to your inbox. Japan’s stock market has climbed past its all-time closing high, exceeding the record level struck during the country’s late-1980s asset bubble after a 34-year wait. The Nikkei 225 index of the biggest Japanese
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two of Goldman Sachs’ top investment bankers have threatened to quit after being excluded from a new operating committee established under chief executive David Solomon, according to people familiar with the matter. Mark Sorrell, the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When a rival claims that they need $7tn to keep up, you know you’re in a good position. Nvidia’s command over chips tailored for artificial intelligence led OpenAI’s Sam Altman to set a wild goal
United Airlines is the first US airline to resume flights to Israel, after they were suspended from the route following the outbreak of war in October last year. The Chicago carrier said it would resume flights between Newark, New Jersey, and Tel Aviv on March 2, with nonstop service beginning four days later. United stopped
Prime Minister Rishi Sunak on Wednesday refused to repeat the litany of accusations levelled by Kemi Badenoch, his business secretary, against the man she fired as chair of the Post Office. Then again, few British politicians would have used the eviscerating words aimed by Badenoch at Henry Staunton, whom she accused of spreading “a series
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia revenues soared 265 per cent in the latest quarter to $22.1bn as the world’s most valuable chip company benefited from a spending frenzy on artificial intelligence. The revenue performance beat analysts’ already heightened expectations
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Boeing is replacing the executive in charge of manufacturing its 737 Max aircraft, weeks after a door panel blew out of one of the planes on an Alaska Airlines flight. Ed Clark, a vice-president and
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Federal Reserve officials were wary of cutting interest rates too quickly this year, according to a record of their last meeting in January, as they remained “highly attentive” to the risk of resurgent inflation.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US chip company Intel will make high-end semiconductors for Microsoft, the companies announced, as it seeks to compete with TSMC and Samsung to supply the next generation of silicon used in artificial intelligence for customers
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mike Ashley’s Frasers Group has accused Morgan Stanley of “snobbery” over its decision to impose a $1bn margin call, claiming the bank’s move was driven partly by the entrepreneur’s humble beginnings. Appearing on the opening
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opposition leader Sir Keir Starmer was set to dodge a large-scale rebellion of Labour MPs on Gaza on Wednesday after a controversial decision by the House of Commons Speaker sparked outcry in Westminster. The move
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the provost and professor of economics at Sciences Po in Paris and a longtime friend of Alexei Navalny The killing of Alexei Navalny in an Arctic prison is terrible news — not
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the most common criticisms of Keir Starmer among those in and around Westminster is that the Labour party leader is not very political. It is a peculiar line to take about a man
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Early on in his leadership, Sir Keir Starmer would occasionally address the scale of the task he faced by saying that he needed to do in just five years what Neil Kinnock, John Smith and
Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. Chris Rokos’s hedge fund has racked up profits of more than $1bn so far this year after a bet on US interest rates paid off. Rokos Capital Management, which manages just under $16bn of assets,
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. It pays in US politics to follow the money. In Donald Trump’s case, the money is flowing away from him in the form of various fines and damages — roughly $530mn worth in
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