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Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. A top Federal Reserve official has said “disappointing” inflation data means the US central bank should “push back” the timing of cutting interest rates from their current 23-year high. Christopher Waller, a Fed governor and

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The board of Thames Water, Britain’s largest water company, was locked in crisis talks on Wednesday after shareholders refused to confirm they would provide about £3bn of fresh equity that is necessary for its survival.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour leader Sir Keir Starmer will on Thursday ask all towns and cities in England not covered by devolution deals to form groups to bid for new powers of their choice, as he launches the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A green energy tycoon who plans to donate £5mn to the UK’s Labour party has been ordered by the High Court to inform his wife before he hands over more cash. Lawyers acting for Dale

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon has committed a further $2.75bn to artificial intelligence start-up Anthropic, strengthening its ties to the company as Big Tech’s race to dominate the booming AI sector intensifies. The deal is Amazon’s largest ever venture

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British car exports to Canada are facing tariffs of more than 6 per cent within days, as a deadlocked trade spat between the two allies descended into further acrimony on Wednesday. British government officials said

Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. US Treasury secretary Janet Yellen plans to warn China not to flood the world with cheap clean energy exports, saying they would distort global markets and harm workers. Yellen was due to deliver her message

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Carmakers are preparing for months of lower sales as they reroute shipments away from Baltimore following the collapse of the Francis Scott Key Bridge, while insurers have warned of multibillion-dollar claims stemming from the disaster.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Formula One owner Liberty Media is in exclusive talks to buy the company that owns MotoGP for more than €4bn, in a deal that would unite the elite car and motorcycle racing series, according to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bain Capital has promoted one of its top dealmakers in Asia to co-managing partner, the highest position at the asset manager, as the broader buyout industry grapples with succession planning. According to a letter to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is a sad but undeniable aspect of the internet era that debate is too often dominated by the loudest and ugliest voices. Reputations and platforms are built on rage. Strong opinions and emotions are

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brace yourself, Nicole Shanahan. Most Americans have not heard of the ex-wife of Google’s co-founder, Sergey Brin. Having being introduced on Tuesday as Robert Kennedy Jr’s running mate, Shanahan’s life will now be turned inside

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of raw sewage discharges into rivers and seas in England and Wales hit an all-time record in 2023, according to official figures that sparked calls for Rishi Sunak’s government to declare a national

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tom Hayes has failed in his attempt to overturn his conviction for rigging an interest rate benchmark as the Court of Appeal in London upheld the guilty verdict handed to the former UBS and Citigroup

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 is probing how UK businesses would be hit by the reversal of a long-running private equity boom, officials said, as they escalated warnings about leverage, transparency and valuations. The BoE’s financial

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UBS has agreed to sell $8bn worth of loans to private capital group Apollo, as it winds down parts of its investment bank linked to the purchase of Credit Suisse last year. Apollo originally entered

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Endeavour Mining said an investigation into former chief executive Sébastien de Montessus had discovered two more “deliberately disguised” payments totalling $15mn to an unnamed third party. The London-listed gold miner fired de Montessus in January,

Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. China’s President Xi Jinping met a group of US chief executives on Wednesday as American business leaders sought to mend ties frayed by geopolitical and trade tensions between the world’s two largest economies. The gathering

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Maybe there should be some more defendants in this case,” Judge Kevin Castel wondered aloud during a 2020 federal trial he was overseeing. There was, however, only one person being tried: Mohammed Ali Rashid, a

It took Israel’s military several weeks and three divisions, backed by heavy air and artillery strikes, to reach and attack Gaza’s al-Shifa hospital last year. Last week a small force of commandos and tanks, numbering little more than a brigade, about 1,000 troops, encircled the strip’s largest medical facility in a matter of hours. Yet

As Xi Jinping toured China’s central Hunan province last week, local officials were called forward to inform the nation’s powerful leader on their plans to accelerate the development of “new quality productive forces”. The slogan, rooted in 19th-century Marxist thinking, has in early 2024 become shorthand for Xi’s vision of economic growth underpinned by China’s