Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Boeing is replacing the executive in charge of manufacturing its 737 Max aircraft, weeks after a door panel blew out of one of the planes on an Alaska Airlines flight. Ed Clark, a vice-president and
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Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Federal Reserve officials were wary of cutting interest rates too quickly this year, according to a record of their last meeting in January, as they remained “highly attentive” to the risk of resurgent inflation.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US chip company Intel will make high-end semiconductors for Microsoft, the companies announced, as it seeks to compete with TSMC and Samsung to supply the next generation of silicon used in artificial intelligence for customers
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mike Ashley’s Frasers Group has accused Morgan Stanley of “snobbery” over its decision to impose a $1bn margin call, claiming the bank’s move was driven partly by the entrepreneur’s humble beginnings. Appearing on the opening
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opposition leader Sir Keir Starmer was set to dodge a large-scale rebellion of Labour MPs on Gaza on Wednesday after a controversial decision by the House of Commons Speaker sparked outcry in Westminster. The move
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the provost and professor of economics at Sciences Po in Paris and a longtime friend of Alexei Navalny The killing of Alexei Navalny in an Arctic prison is terrible news — not
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the most common criticisms of Keir Starmer among those in and around Westminster is that the Labour party leader is not very political. It is a peculiar line to take about a man
Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. Chris Rokos’s hedge fund has racked up profits of more than $1bn so far this year after a bet on US interest rates paid off. Rokos Capital Management, which manages just under $16bn of assets,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Early on in his leadership, Sir Keir Starmer would occasionally address the scale of the task he faced by saying that he needed to do in just five years what Neil Kinnock, John Smith and
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. It pays in US politics to follow the money. In Donald Trump’s case, the money is flowing away from him in the form of various fines and damages — roughly $530mn worth in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The former chair of the Post Office has released a memo that alleges he was told by a senior civil servant to stall requests for government support and develop a financial plan to “hobble” into
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bankers’ bonuses in Asia have been plunging. But not for Noel Quinn. Total pay for the HSBC chief executive nearly doubled to £10.6mn ($13.4mn) in 2023. The Asia-focused lender also boosted its overall bonus pool
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC’s pre-tax profits fell 80 per cent year on year in the final three months of 2023 as it took a $3bn charge on the value of its stake in China’s Bank of Communications, the
“Huge numbers of independent financial advisers are incompetent,” Peter Hargreaves, co-founder of Hargreaves Lansdown, told the Financial Times in 2007, on the eve of the investment manager’s flotation. The plan was simple. Hargreaves Lansdown would enable customers to bypass the old guard of financial advisers and dispel the notion that investing was solely the preserve
Stay informed with free updates Simply sign up to the Science myFT Digest — delivered directly to your inbox. As some accounts have it, the stones were first noticed in around 2500 BCE by a shepherd in Magnesia, in what is modern-day Turkey. He observed that they clung to the nails in his shoes. The
Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Once upon a time, big US companies provided their longtime employees with clearly defined pension benefits that guaranteed them enough to live on for the rest of their lives. That fairy tale ending disappeared for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. England needs as many as half a million new homes a year to keep up with the country’s rising population, according to a Financial Times analysis — far more than either the Conservatives or Labour
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. UK households are set to end up in a “tax sandwich” where potential cuts at Jeremy Hunt’s upcoming Budget sit between big earlier tax increases and further rises after the general election, a leading think-tank
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A British nuclear missile test failed after the Trident weapon crashed into the sea near to the submarine that fired it, in another embarrassing flop after the UK’s last trial launch also failed eight years
US stocks fell on Tuesday, with chipmaking giant Nvidia recording its worst day since October ahead of its quarterly earnings report on Wednesday. The blue-chip S&P 500 fell 0.6 per cent, while the tech-heavy Nasdaq Composite fell 0.9 per cent, both driven by a sell-off in tech stocks. Chipmaker Nvidia fell 4.4 per cent, its
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sequoia Capital has aborted an attempt to oust its former partner Michael Moritz from the board of Klarna, days after the Silicon Valley venture capital firm launched an extraordinary bid to unseat him as chair
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