Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors are shaking up the venture capital market by raising money to buy out start-ups that have been shunned by venture capitalists, taking advantage of economic headwinds to acquire promising companies at a discount. In
News
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu said on Saturday that he opposed the return of the Palestinian Authority to Gaza, underscoring the growing divergence between his government and the US over what the enclave’s postwar governance should be. US
For months, rumours around the financial health of Austrian property giant Signa had been swirling. So its founder René Benko did one of the things he did best: he threw a party. Champagne flowed under the Christmas lights at the ultra-luxurious hotel Interalpen in Telfs, high above Innsbruck, the capital of Tyrol in western Austria
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Novo Nordisk’s weight-loss drug Wegovy cut the risk of death by 18 per cent in a trial that the Danish pharmaceutical company hopes will convince more health systems and insurers to pay for the treatment.
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Shell and BP have asked Washington and Brussels to intervene in a bitter dispute with Venture Global LNG, warning the company’s refusal to honour a multibillion-dollar liquefied natural gas supply contracts threatens Europe’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel faced mounting pressure from western allies to end the killing of civilians in Gaza as its bombardment and land offensive forces most hospitals to close and pushes the strip’s health system into collapse. French
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US secretary of state Antony Blinken has presented a vision for postwar Gaza that differs starkly from and is significantly more detailed than Israel’s: governance by the Hamas-rival Palestinian Authority, minimal presence by Israeli troops,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain has an illustrious list of inventors. Isaac Newton devised the first reflecting telescope, Michael Faraday the electric motor, and Enigma codebreaker Alan Turing developed the first computers. All these pioneers hailed from academia, as
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the main architects of Marks and Spencer’s turnaround has credited its efforts to break the “vicious circle” of sticking with ageing customers for helping to revive the UK high street stalwart’s fortunes. Chair
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. History’s default setting is tragic: the plague in Athens; slave ships; Passchendaele; the Gulag; Hiroshima. But while the norm is carnage and suffering, it would be equally unhistorical to let the darkness entirely eclipse
Business taxes are set to fall in this month’s Autumn Statement as UK ministers signalled that they want to incentivise companies to pull Britain out of its growth stupor. As new data showed the economy flatlining, chancellor Jeremy Hunt and his deputy John Glen made clear their desire to cut business taxes, including by extending
Skittish financial markets are stuck in an “endless loop” as traders’ reactions to comments from central bankers make it more complicated for those policymakers in their battle with inflation, say analysts and fund managers. In recent months central bankers have signalled that the series of aggressive interest rate rises to curb price pressures may shortly
When Benjamin Netanyahu sent troops into Gaza last month after Hamas launched a devastating assault on Israel, he pledged that the Jewish state would “eliminate” the Palestinian militant group once and for all. In the weeks since, Israeli ground forces have encircled Hamas’s political and military stronghold in Gaza City. But even as Israeli troops
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. London’s Metropolitan Police has briefed its officers not to be influenced by pressure from politicians on Saturday at what is billed to be one of the biggest and potentially most combustible national protests in the
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 senior fellow at the Institute for Government think-tank In a welter of jaw-dropping statements revealed by the Covid inquiry, perhaps the most surprising so far has been a WhatsApp from the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank will not begin cutting rates for at least “the next couple of quarters”, its president Christine Lagarde has said. Lagarde told the Financial Times Global Boardroom conference on Friday that eurozone
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A ransomware attack on the financial services arm of China’s biggest bank ICBC has disrupted the US Treasury market. The incident could deliver a jolt to China’s sleepy cyber security industry. The attack was carried
The beachfront in Gaza has been churned up by war. Ragged parasols poke out of the sand, next to a buckled lifeguard’s chair. And just to one side is the incongruous sight of a Hamas missile launch pad with 20 rockets aimed, said the Israeli army, at Tel Aviv. “This is a beach, the kind
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shopping for groceries is one chore that is proving stubbornly resistant to a tech revolution. Billions of venture capital dollars have been funnelled into start-ups that build warehouse robots and online delivery platforms, yet most
Benjamin Netanyahu has admitted that Israel’s war against Hamas in the besieged Gaza Strip is taking longer than expected as Israel faces growing pressure over the soaring Palestinian death toll and its ultimate objectives from the conflict. Netanyahu told Fox News on Thursday that Israel’s more than month-long air and land offensive against Hamas was
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has asked a group of 53 major financial institutions to model the impact of a sharp rise in sovereign and corporate bond yields, in an effort to understand how the market