Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The listing of SoftBank’s chip unit Arm Holdings was the largest global IPO last year. Its performance significantly boosted the Japanese tech investment group’s net income figure in the last quarter. The good news is
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Unilever’s chief executive said he was disappointed by the company’s performance after the consumer goods group reported a further erosion of its market share even as it hailed a return to positive sales volumes. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk has a gift for prompting questions about how we should order our world. His latest contribution to the debate is a threat to shift incorporation of his electric-car maker, Tesla, from Delaware to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Equity purchases by Chinese banks and brokers’ international arms have helped push net flows to the country’s stock market in to positive territory for the first time this year, a shift that helps Beijing in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ever come up against an unreliable shower tap? Turn slightly and it becomes too hot. Twist back and it takes ages to cool down. Well, that is the analogy Milton Friedman is said to have
A Labour government would consider unilaterally recognising a Palestinian state, shadow foreign secretary David Lammy told the Financial Times in a wide-ranging interview on Britain’s place in the world. Lammy, speaking on a four-day visit to India, said if Labour won power it would prefer to work with partners including the US in recognising Palestinian
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government is due to scrap the country’s entire reserve of coronavirus pandemic intensive care equipment next month, despite requests to send 2,000 respirators to Ukraine. The Covid Strategic Intensive Care Unit (ICU) Reserve
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. The average global temperature has for the first time breached the critical benchmark of 1.5C above pre-industrial levels over a 12-month period, according to data from the European earth observation agency showing that last month
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s consumer prices fell at the fastest rate in 15 years in January, missing analysts’ forecasts and underlining the challenges for policymakers trying to revive investor confidence in the world’s second-largest economy. The country’s consumer
Of the many short videos that have spooled across social media since Sunday’s debacle in Hong Kong, the finest captures an enraged spectator kicking Lionel Messi’s head clean off his neck. The savagery — unleashed after an injured Messi failed to play in a showcase match on the island — was inflicted on a life-sized
The US has imposed sanctions on Los Choneros, a feared Ecuadorean crime syndicate, and its fugitive leader José Adolfo Macías. Once a relatively tranquil country popular with foreign retirees, Ecuador is currently tackling a crime wave that has seen the murder rate increase nine-fold since 2017. “Drug trafficking gangs such as Los Choneros, many with
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. A US drone strike in Iraq killed the commander of a powerful Iranian-backed militia, the latest retaliatory move by American forces following an attack on a base that killed three US soldiers last month.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chip designer Arm beat Wall Street estimates for revenue and boosted its full-year forecast on Wednesday, sending the shares up about 20 per cent in after-hours trading. The company’s revenue of $824mn was up
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 was criticised by environmental campaigners on Thursday for abandoning his target to spend £28bn a year on green investment after weeks of confusion about the flagship policy. Starmer is poised
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli Prime Minister Benjamin Netanyahu has rejected as “delusional” Hamas’s conditions for a deal to release the hostages it holds in Gaza, warning that accepting the terms would lead to “another massacre”. In a press
Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. Saudi Arabia has reiterated that it would not normalise relations with Israel without western recognition of an independent Palestinian state, in an apparent warning to the US against overselling the prospect of
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. Senate Democrats are set to mount a last-gasp push to secure new funding for Ukraine, as the White House warned that there was “no alternative” to US backing for Kyiv’s war effort. The rush
Stay informed with free updates Simply sign up to the Monetary policy myFT Digest — delivered directly to your inbox. The writer is chair of the House of Commons Treasury select committee When the Bank of England voted to implement quantitative tightening in September 2022, it put the UK economy in uncharted territory — particularly
Stay informed with free updates Simply sign up to the Chinese politics & policy myFT Digest — delivered directly to your inbox. Beijing has removed the powerful Communist party boss and chair of its securities regulator as authorities battle plunging confidence in Chinese stock markets. The Communist party’s central committee replaced Yi Huiman with Wu
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas is demanding a four-and-a-half month ceasefire in Gaza, an Israeli military withdrawal from the territory and the release of at least 1,500 Palestinians prisoners as part of a proposed three-phase deal to secure the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How much of a mandate for change does a new government need? Is it enough simply to have won an election or does it require more detailed permission for the tougher parts of its political
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