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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. Ken Griffin’s hedge fund Citadel has hired Nabeel Bhanji, a longstanding London-based portfolio manager at Elliott Management who worked on some of the activist hedge fund’s most high-profile campaigns. Bhanji, who worked at Elliott for

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The annual UN climate COP conference has begun in Azerbaijan’s capital of Baku beneath a menacing cloud. Once again, the world’s richest country will be led by a leader actively opposed to fixing

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Bitcoin hit a fresh record, the US dollar rose to a four-month high and Tesla shares jumped, as investors raised bets on the big winners from Donald Trump’s US presidential election victory. The

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The ‘it’s inflation, stupid’ thesis is strong. As MainFT highlighted in a big piece days before the vote and again on election day. inflation was clearly having a major effect on Kamala Harris’s

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Collapsed crypto exchange FTX is suing Binance and its former chief executive Changpeng Zhao for $1.8bn, over an allegedly “fraudulent” share deal. The dispute relates to a July 2021 deal in which Binance, Zhao and

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Bank has fired 111 senior managers in its retail and private wealth unit as the division implements deep cost cuts to meet stretching 2025 targets. The Frankfurt-based bank is seeking to reduce the unit’s

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thefts of packs of butter have highlighted the impact of skyrocketing inflation on Russia’s war economy. President Vladimir Putin’s splurge on arms and ammunition has helped Moscow to maintain an advantage on the battlefield in

Police officers stood around Adam Wellesley’s mother’s bedside as he kissed her goodbye. Two months earlier, the 83-year-old had been diagnosed with bone cancer. Unable to bear the pain, she had taken her own life earlier that day. Within hours of her passing, Wellesley and his sister were told they were under investigation for assisting

Lingering consumer anger over high prices is hurting governments in advanced economies even though inflation is subsiding to normal levels, as a once-in-a-generation surge in costs leaves a toxic legacy for incumbent politicians. Discontent over the economy was a key motivator for Republican voters in this week’s US election, exit polling suggested — contributing to

Elon Musk’s role in delivering the US presidency for Donald Trump has given the world’s richest man a unique opportunity to reshape the federal government by placing his acolytes and allies inside the incoming administration. The billionaire’s influence continues after the election, with him joining Trump during a call with Volodymyr Zelenskyy, president of Ukraine,

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The re-election of Donald Trump as president of the US marks a new era in US and global politics. Eight years ago, his victory might have been viewed as an anomaly. This time,

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Years ago, a well-known Silicon Valley billionaire told me something I’ll never forget: “China is an autocracy, Europe is a technocracy and America is a company.” That statement has never felt truer to

As Lehman Brothers hurtled towards bankruptcy in September 2008, the executives at the world’s largest derivatives exchange found themselves in a race against time: find a new home for the failed bank’s trading book or face more cascading chaos. In an early harbinger of a new era for markets, the winner of the bidding war

Haiti’s transitional council has removed the country’s interim prime minister, Garry Conille, amid an escalating gang war that a Kenya-led international police force has failed to quell. Conille, a former UN development official installed in May, will be replaced with Alix Didier Fils-Aimé, a local businessman who once ran for the senate. The announcement, made

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 allies have backed Florida Senator Rick Scott’s bid to be the party’s new leader in the upper chamber, seeking a loyalist to help push the president-elect’s agenda through Congress. The pro-Trump

Stay informed with free updates Simply sign up to the UK companies myFT Digest — delivered directly to your inbox. Big British companies from the London Stock Exchange Group to broadcaster ITV are set for an unexpected £700mn windfall after the UK won an appeal against a Brussels state aid clampdown that had forced London

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Bitcoin has hit $80,000 for the first time as Donald Trump recorded victories in Nevada and Arizona in the US election, marking a clean sweep of the seven swing states for the president-elect

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. More than 200 bosses in the hospitality industry have warned Rachel Reeves that her national insurance tax increases will lead to “drastic” job cuts and business closures. The bosses, which include the heads of Fuller,

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 director of the Carnegie Russia Eurasia Center in Berlin “What was said about the desire to restore relations with Russia, to bring about the end of the Ukrainian crisis, in

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves will use her keynote Mansion House speech on Thursday to espouse the benefits of free and open trade in a direct plea to the protectionist US president-elect Donald Trump. The UK chancellor will

Amsterdam football club Ajax’s 5-0 victory over Israel’s Maccabi Tel Aviv team this week should have been a moment of civic pride. Instead, the city faced international condemnation over what authorities called an outbreak of antisemitic “hit and run” violence against Maccabi fans after the game on Thursday night. Videos on social media appeared to