Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK transport secretary Louise Haigh has resigned after admitting that she had pleaded guilty to a criminal offence over a missing mobile phone. “Whatever the facts of the matter, this issue will inevitably be a
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Donald Trump is set to begin his second term in the White House surrounded by China hawks. His pick for secretary of state, Marco Rubio, has campaigned against Chinese influence and championed crackdowns on tech groups such as Huawei. Michael Waltz, the incoming national security adviser, calls China an “existential threat”. However, one of the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Decades ago, I might have been sacked for being pregnant, or seen my pay crash to zero after giving birth. These days (mostly through the FT) I get job protection, a generous chunk of maternity
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. So much has happened in America in recent months that one big positive story has probably got less attention than it deserves. A few weeks ago, the US Centers for Disease Control and Prevention published
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The yen briefly strengthened past the level of ¥150 against the US dollar on Friday, as hotter than expected inflation readings fuelled more bets that the Bank of Japan will raise interest rates in December.
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. Carmakers may be permitted to sell Prius-style hybrid models in the UK until 2035, as ministers consider ways to water down the country’s electric vehicle sales regime, according to people with knowledge of the discussions.
K-pop band NewJeans attends the Billboard Women in Music Awards in the US last March © Mario Anzuoni/Reuters Shares of Hybe, South Korea’s leading K-pop agency, fell nearly 5 per cent on Friday morning as its popular idol group NewJeans plans to break up with the music powerhouse in a move that could spark a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Louise Haigh, the transport secretary, has admitted she pleaded guilty a decade ago to a minor criminal offence relating to a mobile phone she wrongly claimed had been stolen. Haigh, who is on the left
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves has pushed back the timing of the Treasury’s multiyear spending review to June as the government struggles to get to grips with the volume of decisions it needs to make on its funding
France’s borrowing costs have surpassed those of Greece as investors fret about the French government’s ability to pass a deficit-trimming budget — and its ability to survive at all. The far-right Rassemblement National, led by Marine Le Pen, has threatened to back a censure motion against the government as soon as next week unless its
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s Labour party came to power on a mandate to boost the UK’s underperforming economy. In its first five months in government it has made the task even harder by sapping the “animal spirits” of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva has contacted shareholders in Direct Line in a move that could pave the way for a hostile takeover bid for its smaller rival. The FTSE 100 insurer began to approach its target’s shareholders on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. George Osborne, the former UK chancellor, is among a group of four partners at Robey Warshaw to share £70mn in profits after the boutique advisory firm posted record revenues on rising deal activity in London.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Can an offer at a near-60 per cent premium to the market price substantially undervalue a company? That is what Direct Line Group’s board maintains. The UK insurer rejected a £3.3bn offer from Aviva which
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Takeover interest in UK companies stepped up on Thursday, as Macquarie made a fresh offer for waste management group Renewi, marking the third approach for a London-listed group in less than 24 hours. Macquarie announced
Staring at the enormous mound of rubble that used to be her home, Mariam Hosni clutched her daughter’s hand, which gripped a picture of Hizbollah’s venerated former leader Hassan Nasrallah, assassinated by Israel as it escalated its offensive two months ago. The Hosnis’ building in Beirut’s southern suburbs was levelled in the fierce Israeli bombardment
Meta CEO Mark Zuckerberg dined with Donald Trump at Mar-a-Lago after reportedly requesting the meeting with the president-elect to discuss the incoming administration Wednesday. Its an important time for the future of American Innovation. Mark was grateful for the invitation to join President Trump for dinner and the opportunity to meet with members of his
Billionaire Elon Musk, tasked with slashing government costs by President-elect Donald Trump, on Wednesday called for the elimination of a federal regulatory agency charged with protecting consumers in the financial sector. The comment on the Consumer Financial Protection Bureau (CFPB) followsMusk’srecent appointmentto a government efficiency role, further amplifying the influence of the world’s richest man, who
Shares in drone maker Unusual Machines surged more than 100% on Wednesday after the company announced Donald Trump Jr. had joined its advisory board. Shares drifted down throughout the day, but were still up 76% by Wednesday afternoon. The stock had closed at $5.36 a share on Tuesday and traded at more than $9 on
A top Swiss court on Wednesday acquitted Credit Suisse, now part of UBS, of failing to prevent money laundering by a Bulgarian cocaine trafficking gang, overturning a 2022 conviction. The Federal Criminal Court’s original ruling was seen as a test case for the prosecution of banks. It had found an ex-employee of the bank guilty of money-laundering, and Credit Suisse of
The Dow topped 45,000 for the first time but Wall Street’s main indexes closed lower on Wednesday, with the Nasdaq leading declines as technologystocksslumped ahead of the Thanksgiving holiday. Worries the Federal Reserve may be cautious about rate cuts after stubbornly strong US inflation data weighed on investors. The Dow Jones Industrial Averagefell 138.25 points,
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