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FedEx has lifted its full-year earnings guidance, sending shares 12 per cent higher in after-hours trading on Thursday even as the company missed sales and profit expectations for its most recent quarter. The logistics group, a bellwether for global growth, forecast adjusted earnings of $17.25 to $18.25 a share for the fiscal year, up from

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A legal stand-off between Donald Trump and a former business partner is coming to a head, with a vote set to determine whether or not the former US president can unlock a potential $3.5bn windfall

Your browser does not support playing this file but you can still download the MP3 file to play locally. FT correspondent Josh Oliver spent years covering crypto and the legal troubles of Sam Bankman-Fried. Last week, he published Hype Machine, a book about it all. Today he joins us to talk about SBF’s sentencing next

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the years it has taken Nvidia’s graphical processing units, first developed for video gaming, to find their way to the centre of the computing world, chief executive Jensen Huang has been nothing if not

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Republican Speaker of the House plans to invite Benjamin Netanyahu to address Congress, in a move likely to deepen tensions between the White House and Israel over the war in Gaza. The speech would

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chair of the Investor Coalition for Equal Votes and senior investment manager at Railpen This week Reddit has gone public on the New York Stock Exchange in a highly anticipated listing. However,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels is actively exploring how to work around an EU treaty clause prohibiting arms purchases from the union’s budget, as it steps up efforts to increase financing for defence and Ukraine. The European Commission, the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in social media company Reddit leapt more than 38 per cent on its market debut, in a vote of confidence for initial public offerings after two years of subdued activity. The stock opened at

Stay informed with free updates Simply sign up to the Property sector myFT Digest — delivered directly to your inbox. That doughty — somewhat dull — Canadian insurance company known as Manulife does not often attract attention. This week, however, it caused a frisson in the real estate world. Shortly before Jay Powell, Federal Reserve

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Markus Jooste, the former chief executive of retailer Steinhoff allegedly at the heart of South Africa’s largest corporate fraud back in 2017, has died, according to a person close to him. Jooste’s death comes a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US is suing Apple for allegedly using its power in the smartphone sector to quash competition from rivals and limit consumer choice, in the latest broadside against the dominant Big Tech companies from Joe

Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. The writer is author of ‘Black Wave’, distinguished fellow at Columbia University’s Institute of Global Politics and an FT contributing editor A year has passed since Saudi Arabia and Iran made their

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 former central banker and a professor of finance at the University of Chicago’s Booth School of Business The push for international openness to trade and capital flows has always been an

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 kept UK interest rates on hold at 5.25 per cent, pushing sterling lower as the central bank signalled it is edging closer to cutting borrowing costs. Governor Andrew Bailey said

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Short sellers have amassed a record bet of almost €1bn against the shares of Telecom Italia, as chief executive Pietro Labriola seeks investors’ backing for an asset sale to slash debt. Data from S&P Global

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Turkey’s central bank surprised economists and investors on Thursday with a big rate rise as policymakers seek to cool runaway inflation and halt an accelerating capital flight among local savers. The central bank increased its

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government is facing a compensation bill of up to £10.5bn after an Ombudsman on Thursday ruled it had mishandled state pension age rises affecting millions of women born in the 1950s. In a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Being an old-school broker in the City of London ain’t what it used to be. Technology and competition have hurt profitability in traditional dealing services. Look at stalwart TP ICAP: the part-creation of Michael Spencer

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For all the angst about polarisation and disinformation, something very different is in fact going on in news consumption: the mass-media age is ending. We’re returning to a time when most people get almost no

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Australia and the UK have signed a defence and security agreement, deepening their ties in the face of rising Chinese power in the region. Australian defence minister, Richard Marles, and his UK counterpart, Grant Shapps,

One hundred years ago on Thursday, Edward Leffler, a former door-to-door salesman of pots and pans, revolutionised financial markets. His invention, the open-ended mutual fund, allowed retail customers to buy into a diversified portfolio of stocks and be confident that they would get a fair value when they wanted their money back. Leffler’s innovation gave