President-elect Donald Trump has selected North Dakota Republican Gov. Doug Burgum and Chris Wright, the CEO of Liberty Energy, as his nominees to lead the Department of the Interior and Department of Energy (DOE), respectively. Though other staff picks have been head-scratchers , the selection of Wright and Burgum signals a possible return to energy
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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 International Criminal Court has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former defence minister Yoav Gallant “for crimes against humanity and war crimes”. The move is a dramatic escalation of legal
Stay informed with free updates Simply sign up to the European companies myFT Digest — delivered directly to your inbox. If Charles Dickens were to rewrite A Tale of Two Cities today, he might well switch locations. To illustrate the best and worst of times in contemporary Europe, the novelist could perhaps have picked Helsinki
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world It is a millennia-old cliché of soldiering that you spend the majority of your time waiting around, interrupted by brief spasms of action. The same can be true of diplomacy. For a year
“God, grant me the serenity to accept the things I cannot change,” wrote Jamie Lee Curtis of her decision to leave the social media site X. The actress is among several big names to jump ship from Elon Musk’s platform this month, citing a lurch to the right, misinformation and a lack of moderation. “Tried
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia has fired an intercontinental ballistic missile for the first time since its full-scale invasion of Ukraine in 2022, following days of escalation in the conflict. Ukrainian air defence forces said the missile, which
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US envoy Amos Hochstein will meet Israeli Prime Minister Benjamin Netanyahu on Thursday in a renewed push by Washington to negotiate a ceasefire between Israel and Hizbollah in Lebanon. The US blueprint for
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As OpenAI raced to raise almost $7bn last month, one investor was always on hand. Thrive Capital stayed close to the AI start-up’s co-founder and chief executive Sam Altman and contributed over $1bn to a funding round that valued the artificial intelligence group at $150bn. The bet is the boldest yet for the New York-based
Olaf Scholz is facing a “Biden moment” amid growing pressure from his own party to abandon his bid for a second term as German chancellor and make way for the more popular defence minister. Scholz has the backing of the Social Democratic leadership, which so far supports his bid to lead the party in its
With Israel’s air strikes still pounding Beirut and Donald Trump packing his diplomatic team with Middle East hawks, many Lebanese have pinned their hopes for peace on one man: the automotive tycoon Massad Boulos. As a Trump in-law, no other Lebanese voice is as close to the president-elect, or seemingly as well placed to win
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s competition watchdog will explore waving through more company mergers without forcing businesses to sell assets, weeks after Sir Keir Starmer claimed the agency was holding back Britain’s growth. The Competition and Markets Authority
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
US stocks were mixed at the market’s close, as investors hunkered down ahead of earnings — and outlook on the much-hyped artificial intelligence sector — from chipmaker Nvidia. Wall Street’s S&P 500 finished less than 0.1 per cent higher, with the index staging a late rally to recover from losses earlier in the session. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When regular companies report quarterly earnings, investors peruse them, and the shares move up, down or sideways. When those earnings come from Nvidia, however, the financial world tilts on its axis. The chipmaker’s stock dipped
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Indian billionaire Gautam Adani has been charged by federal prosecutors in New York over an alleged years-long scheme to bribe Indian officials in exchange for billions of dollars’ worth of solar power contracts and concealing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former Wall Street trader Bill Hwang has been sentenced to 18 years in prison, capping an extraordinary fall from grace for the Archegos founder who was earlier this year found guilty of orchestrating a massive
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US Department of Justice is expected to ask a judge to force Google to divest one or more of its core products, including its Chrome browser and Android mobile operating system, among
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK will retire ageing helicopters and assault ships under plans to save £500mn in the coming five years, defence secretary John Healey has said. The “outdated” equipment includes a planned refit of the frigate
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Unilever has shelved plans to run a sales process intended to find a private equity buyer for its €15bn ice cream division and will instead focus on a push to spin off the unit in
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