Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Donald Trump’s social media business rose 26 per cent ahead of its New York market debut on Tuesday, valuing the former US president’s stake at about $5bn as he faces massive legal bills.
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Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. Not enough is said about the other Donald T. Having led Poland between 2007 and 2014, Donald Tusk can take some credit as his nation approaches western European standards of living. Now in his second stint,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world faces a looming “retirement crisis” that requires a rethink of pensions and working patterns as medical breakthroughs boost longevity, BlackRock chief executive Larry Fink warned on Tuesday in his closely watched annual letter
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A rescue operation was under way in the US port of Baltimore early on Tuesday after a container ship hit a road bridge which collapsed into the water. Rescue officials told local media that at
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy It would not surprise me if future economic history books were to look back at the last week in central
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bond fund giant Pimco is holding a smaller than usual position in US Treasuries and prefers the bonds of countries such as the UK and Canada, as it believes inflationary pressures may lead the Federal
When Donald Trump hosted Viktor Orbán at his Mar-a-Lago resort earlier this month, he lavished praise on the Hungarian prime minister as a “fantastic” leader for Europe. The evening entertainment included a “members-only” concert with tribute bands for the Beatles and Rolling Stones. But in the afternoon, the pair retreated to a dining room for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an FT contributing editor and executive director of American Compass The era of “the era of big government is over” may itself now be over. Realignment in American politics has already transformed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Westminster has woken up to the fact that Rishi Sunak is not good at politics. Grumbling about the prime minister’s professional limitations is comforting for Conservatives, because the hope is that with the right staff
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two law professors have claimed that Sullivan & Cromwell put its own interests before that of FTX’s stakeholders, reviving criticism over the law firm’s role in the bankrupt cryptocurrency exchange’s rise, collapse and unwinding. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US faces a Liz Truss-style market shock if the government ignores the country’s ballooning federal debt, the head of Congress’s independent fiscal watchdog has warned. Phillip Swagel, director of the Congressional Budget Office, said
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russia has started supplying oil directly to North Korea in defiance of UN sanctions, further cementing ties between the authoritarian regimes and dealing a new blow to international efforts to contain Pyongyang. At least five
US stocks were lower in early-afternoon trading on Monday, with declines among consumer discretionary, industrials and technology stocks offsetting gains for energy names. Wall Street’s S&P 500 was down 0.1 per cent. Consumer discretionary, industrials and tech were the benchmark’s worst-performing sectors, down 0.5 per cent, 0.4 per cent and 0.3 per cent, respectively. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on the matter. Flow, Neumann’s new property
Boeing had already shaken up its leadership twice in recent months, naming its first ever chief operating officer in December and then, in February, ousting the head of its 737 Max programme after a door panel blew off an Alaska Airlines flight mid air. On Monday the US plane maker went further, underscoring its struggle
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. FTX is on track to repay its customers up to two-fifths more than the initial value of their claims as administrators for the collapsed exchange capitalise on surging prices of cryptocurrency and artificial intelligence assets.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US and UK have unveiled sweeping measures against hackers backed by China’s government, alleging they carried out extensive cyber attacks against targets across Washington and Westminster. The US Department of Justice on Monday indicted
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. David Calhoun took over as Boeing’s chief executive four years ago in the middle of a crisis that followed a pair of deadly crashes in 2018 and 2019. Both involved Boeing’s best-selling 737 Max 8.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A New York appeals court has reduced the size of the bond payable by Donald Trump to delay enforcement of a $464mn fraud judgment against him and his businesses to just $175mn, in a win
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UN Security Council on Monday passed a resolution demanding a ceasefire between Israel and Hamas for the first time since the war began. The US abstained from the vote, which called for an immediate
Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. Nigeria has charged Binance and two of its executives with tax evasion, including one that escaped custody, escalating the legal stand-off between the African nation and the world’s largest cryptocurrency exchange. Tax authorities alleged that Binance,
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