Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US private capital group Apollo will lend Canary Wharf £610mn to pay off its bonds, in a deal that allows the London landlord to complete its refinancing race but will lock it into higher interest
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Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. Investors’ “relentless” appetite for juicy returns has triggered the biggest boom on Wall Street in complex financial products since the lead-up to the global financial crisis in 2007. The global volume of structured finance transactions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is author of ‘Black Wave’ and an FT contributing editor “We are condemned to hope.” Such were the words of Syrian playwright Saadallah Wannous in 1996 during a speech for World Theatre Day.
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Does the arrival of migrant workers depress the wages of those who are already in the country, or doesn’t it? For years, mainstream economists have told people who worry that migrants are undercutting wages that
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Days before last year’s presidential election in Argentina, supermarket worker Emir Gullo was excited about the idea of a madman as president. “He’s crazy,” Gullo said admiringly at a rally for libertarian economist and then-candidate Javier Milei on the outskirts of Buenos Aires in late 2023, noting his eccentric image, unconventional ideas and lack of
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
OpenAI has released Sora, its video-generation model, as a product for paying ChatGPT users. The artificial intelligence tool, which converts text to video, has been a major innovation that the San Francisco-based company has been pitching to the film industry this year despite concern that it could pose a threat to jobs in that sector.
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The rebel force that toppled Bashar al-Assad sought to consolidate its control of Syria on Monday, amid fears the change of regime in Damascus could fuel regional instability. Hayat Tahrir al-Sham, a one-time al-Qaeda affiliate,
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A growing number of EU nations and the UK are pausing the processing of asylum claims from Syrians after the fall of Bashar al-Assad’s government. Germany’s interior ministry said on Monday that more than 47,000
Every night for the past 13 years, Rana Aankir has dreamt of her son Raed, his delicate drooping eyes smiling at her as he walks out of the family’s front door in Homs. In her dreams, he wears the same red sweatshirt he threw over his shoulders before running off to a protest, something she
John Wren, the 72-year-old boss of advertising group Omnicom, whose profile is remarkably low in a sector famed for big egos and loud voices, has finally managed to nail the industry-defining deal he has been seeking for over a decade. With the $13bn deal to acquire US rival Interpublic (IPG), announced on Monday in New
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Stay informed with free updates Simply sign up to the UK house prices myFT Digest — delivered directly to your inbox. Only the richest 10 per cent of households in England could afford to buy a house with less than five years of household income in the year to March 2023, while property prices in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taylor Swift’s Eras tour made $2.1bn in sales, making it the highest-earning concert run in history and capping off two years of financial and cultural domination for the pop star. The figure covers 10mn tickets
Amidst the annual holiday boom in turkey sales, the United States Department of Agriculture (USDA) is proposing a new rule to reduce salmonella in poultry. That’s a laudable goal, but the actual regulationas is often the caseis being shaped in a way that hurts small farmers and meat processors while helping large agricultural conglomerates. This
A federal judge has ordered the U.S. Food and Drug Administration to publicly disclose more information underpinning its authorization of COVID-19 vaccines, after failing to persuade the court to end the public records lawsuit. In a ruling, on Friday, U.S. District Judge Mark Pittman in Fort Worth, Texas, ordered the agency to produce its emergency use authorization
Reclusive billionaire Ira Rennert, owner of the largest estate in the Hamptons, could soon face the spotlight over alleged lead poisoning at a Peruvian mine a lawsuit he has tried to get tossed for nearly two decades. The 90-year-old founder of New York-based family holding company Renco is best known in New York circles for
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