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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. The Israeli military and Hizbollah are locked in fierce fighting around a strategically positioned 12th century crusader castle in one of Israel’s northernmost advances into Lebanon since launching its ground invasion in September. Hizbollah militants

A strong dollar under US president-elect Donald Trump could wreck returns in emerging market bonds, say investors, driving further outflows from a sector already hit by a lengthy period of high interest rates in developed economies. Investors have pulled nearly $5bn overall from funds investing in dollar and local currency denominated emerging market bonds this

Scott Bessent sat directly to Donald Trump’s left as the then presidential candidate laid out his economic agenda to a roomful of Wall Street bigwigs at the Economic Club of New York in September.  Following his nomination to the top job at the US Treasury department, Bessent will now move into the spotlight as the

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has picked Scott Bessent to be his US Treasury secretary, nominating one of his biggest financial backers as the top economic official of his second administration, according to five people familiar

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British companies face a stealth tax rise of £900mn next year and up to £2.7bn in 2026 through higher business rates, despite Labour’s manifesto promise not to increase the amount of cash raised by the

The dramatic rise and fall of Northvolt, Europe’s one-time battery champion, has many of the elements of a Nordic noir thriller. A desire for global domination, intense hubris and disagreements, vast amounts of cash and several unexplained deaths: the Swedish start-up has had it all on its journey to filing for Chapter 11 bankruptcy on

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Tina is back in global markets. But she’s had a makeover. In the past, Tina — or There Is No Alternative to give the full name — was a reference to the idea

Few were surprised when US stocks jumped after Donald Trump’s decisive victory in the presidential election. Amid widespread assumptions of weeks of uncertainty, a clear result was always likely to prompt an initial relief rally. More unexpected was what has happened since. The president-elect has nominated a string of hardliners to senior positions, signalling his

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer’s government has signalled it would arrest Benjamin Netanyahu if he travelled to the UK, a day after the International Criminal Court issued a warrant for the Israeli prime minister “for crimes against

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Amazon has invested another $4bn in artificial intelligence start-up Anthropic, bringing its total investment in the company to $8bn, as Big Tech’s race to dominate the generative AI sector intensifies. Amazon invested an initial $1.25bn

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s sentencing in the Manhattan “hush money” case has been delayed indefinitely, clearing all criminal proceedings from the president-elect’s calendar as he prepares to re-enter the White House. Justice Juan Merchan on

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is an FT contributing editor Sir Keir Starmer imagined himself a domestic policy prime minister. The mission was to revive the economy and refurbish the public realm. Nearly five months after

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is co-founder of LinkedIn, co-founder at Inflection AI and a partner at Greylock As the US prepares for a shift in leadership that will massively impact how America does business, there

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The south terminal of London’s Gatwick airport has been evacuated following the discovery of a suspected banned item. The British Army’s Explosive Ordnance Disposal unit was deployed on Friday morning after the item was found

Jeff Bezos is pushing back against Tesla CEO Elon Musk’s claim the Amazon founder predicted President-elect Trump would lose the 2024 presidential election. “Just learned tonight at Mar-a-Lago that Jeff Bezos was telling everyone that @realDonaldTrump would lose for sure, so they should sell all their Tesla and SpaceX stock,” Musk wrote on his social media platform X in

ChatGPT-creator OpenAI has recently considered developing a web browser that would combine with its chatbot, the Information reported Thursday, and has separately discussed or struck deals to power search features. OpenAI has spoken about the search product with website and app developers such as Conde Nast, Redfin, Eventbrite and Priceline, the report said, citing people who have seen

Three notorious kleptocrats — including a Ukrainian oligarch wanted in the US — were sanctioned by the British government on Thursday in a bid to tackle dirty money flowing through the UK, officials said. Dmytro Firtash, a puppet of Russian president Vladimir Putin, Isabel dos Santos of Angola and Latvia’s Aivars Lembergs — along with some