Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK parliament’s Public Accounts Committee has just released a report criticising the government for failing to track whether it is doing a good job in its borrowing strategy. You can read mainFT’s write-up here.
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Hawkish policymakers at the European Central Bank have been emboldened to resist calls for an imminent cut to interest rates at their meeting this week after inflation proved stickier than expected in February. Until a few months ago, investors were betting the ECB would cut borrowing costs as early as this month, encouraged by how
Academics at Imperial College London have worked with scientists at Chinese institutions linked to Beijing’s armed forces and defence sector on research with potential military applications. Since the beginning of 2023, academics at the world-leading British university have been named as co-authors on at least five studies with figures from Chinese organisations at the heart
Christian Kroll is frustrated. The founder of Berlin-based search engine start-up Ecosia says he has been feeling stressed these past few months about how his company’s larger rival Google will abide by new EU rules aimed at opening up competition. In order to comply with the Digital Markets Act, Google must present its users with
Last November, the $1.6tn Norwegian sovereign wealth fund asked the government for the umpteenth time if it could be allowed to invest in private equity. That’s a good excuse to explore one of the financial world’s most controversial issues. After all, this is potentially a big deal, given the size of Norges Bank Investment Management
Jeremy Hunt, Britain’s chancellor, spends a lot of time telling colleagues he wants to do “the right thing” in this week’s Budget. Many Conservative MPs have a simpler priority: they want the Budget to help save their seats. “Hunt’s approach is to play it safe, but facing an election we need someone bold and visionary,”
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Microsoft has accused The New York Times of “doomsday futurology” for predicting that ChatGPT could ruin the news business, as it seeks to dismiss a lawsuit that claims the artificial intelligence bot’s creator OpenAI engaged
Shares in Tesla dropped more than 7 per cent on Monday after shipments from the electric-car maker’s China factory hit a 14-month low in February, amid disruption from the lunar new year and a price war. Tesla delivered 60,365 cars from its plant in Shanghai last month, the lowest since December 2022, preliminary figures from
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China will target economic growth of around 5 per cent this year, a rate described as “ambitious” by analysts, as the world’s second-largest economy battles challenges ranging from a property slowdown to weak investor confidence.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK Treasury must do more to ensure government debt is issued at the lowest possible cost to taxpayers ahead of a record year for gilt sales, a cross-party group of MPs has warned. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy “It’s a trade rather than an investment.” This is how a portfolio manager framed their purchase of Chinese equities on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nikki Haley has lashed out at a “completely unhinged” Donald Trump and blamed him for chaos at the US’s southern border, saying he had deliberately scuttled bipartisan efforts in Congress to crack down on migration.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A UN report has found “reasonable grounds to believe” that Hamas committed rape and sexual violence against Israelis during its October 7 attacks. Pramila Patten, the UN’s special envoy on sexual violence, said in a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt will on Wednesday give motorists a £5bn pre-election tax break in the Budget, as hopes rise among Tory MPs that the chancellor has mustered enough money to fund a surprise 2p income tax
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French lawmakers have enshrined access to abortion in the country’s constitution in a global first that advocates of the move said was needed to prevent any future restrictions on reproductive rights. A large majority of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s chancellor is in a bind. Jeremy Hunt is under pressure to unveil a spring Budget on Wednesday that can help the Conservative government cut the Labour party’s large lead in the polls, with an
As many professional workers have settled into now well established hybrid work patterns, banks and other financial services companies have stood out in recent weeks for the battles they are still having with staff. Several lenders have upset employees by demanding they return to the office more days a week, with workers complaining of draconian
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It’s been more than 25 years since the biggest names on Wall Street started being hit by massive sex discrimination claims. Each time they ponied up millions of dollars, bank leaders piously promised to make
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Supreme Court has ruled that Donald Trump can remain on the presidential primary ballot in Colorado, overturning a decision from the state’s highest court that found the former president was not qualified to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a contributing columnist, based in Chicago Most US voters are concerned about the age of their next leader — but that doesn’t necessarily mean the issue will determine how they vote in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels has fined Apple €1.8bn for stifling competition from rival music streaming services, the first time the iPhone maker has been punished for breaching EU law. Margrethe Vestager, the bloc’s competition chief, said that for
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