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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 Philippines intends to buy intermediate-range missile launchers from the US, a plan likely to trigger more Chinese protests over Manila’s efforts to boost its defences. Defence secretary Gilberto Teodoro said in an interview with

In spring this year, Elliott Management, the $70bn US hedge fund known for circling distressed assets, alighted on a new target: Britain’s largest water company. After scooping up hundreds of millions of pounds of Thames Water’s debt from panicked asset managers willing to sell at a discount, Paul Singer’s Elliott is now one of several

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, chief economist at American Compass and writes the Understanding America newsletter  Late in the US presidential election campaign, Democrats discovered a serious problem. Young men, minorities especially,

When senior Chinese leader Wang Qishan met Sir Henry Keswick in 2012, he acknowledged the British businessman’s enthusiasm for investing in China with a memorable turn of phrase. “Mr Keswick, you were bitten by the snake. You waited, you watched, but you came back!” said Wang of the then-boss, or taipan, of Jardine Matheson. Keswick,

Premier League football clubs are targeting stadium upgrades to boost revenues as England’s top 20 teams aim to reap the benefits of rising ticket demand and reduce the reliance on income from broadcasting and sponsorships. Clubs are investing to improve their stadiums and infrastructure in order to increase seats and shore up match day revenues

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of HM Revenue & Customs investigations into serious tax fraud and avoidance has fallen to a six-year low, figures uncovered by the Financial Times have revealed.  Known in tax circles as Code of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Qatar said its efforts to mediate a ceasefire and hostage deal between Israel and Hamas had “stalled” in a sign of the Gulf state’s mounting frustration with the warring parties’ failure to agree to end

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 win gave Republicans their highest share of the popular vote in two decades — and revealed big shifts in the US electorate, from the Democratic party’s reliance on wealthier, college-educated voters

Yahay Obeid, who arrived in the US from Yemen aged 8, trained as a pilot, and now controls air traffic at JFK airport, is more than just a model American immigrant. At the height of the first administration of Donald Trump, he was held up in a speech by his Democratic representative, the Bronx’s Alexandria

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Business secretary Jonathan Reynolds has held urgent talks with British Steel’s Chinese owner, as ministers prepare to raid Labour’s £2.5bn “green steel” war chest to try to persuade the company not to close its UK

Current and former policymakers are warning that any attempt by Donald Trump to undermine the independence of the Federal Reserve in his second term as US president would destabilise the world’s largest economy and global financial markets. In his first presidency, Trump turned on Jay Powell, who he nominated in 2017 to lead the US

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer served as Nato secretary-general from 2014 to 2024. He will become the new chair of the Munich Security Conference in February 2025 The American people have spoken: Donald Trump is set

Bridget Phillipson, UK education secretary, is looking at letting local councils open new schools for the first time in more than a decade, as she vowed to emulate the reforming “energy and purpose” of her Tory predecessor Michael Gove. Phillipson is exploring ending the in effect 2011 ban on local councils opening new schools in

Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Owners of some of the UK’s historic houses and landed estates have warned that tax changes in Rachel Reeves’ Budget will “kill off” the farming and heritage businesses they run. In her first fiscal event

Binance’s chief executive has hailed Donald Trump’s US presidential win as the start of a “golden era”, as the crypto industry’s confidence soars that the election result marks a turning point in its acceptance in America. Trump’s success marked a “big win for crypto” that would result in an influx of new US regulators open

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Qatar has told the leaders of Hamas to leave the country following pressure from Washington, in a significant shift in policy by the Gulf state. The request was made around 10 days ago

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK has given the green light to building a new multibillion-pound fighter jet with Italy and Japan, ending fears that the flagship project could fall victim to the new Labour government’s strategic defence review.

Nibbling on crabs, sushi and sugar cookies, some of the richest and the soon-to-be most powerful people in the world waited for the election results on Tuesday night at Mar-a-Lago, Donald Trump’s gilded fortress on the sea.   At one of the tables, Trump sat with Elon Musk, the billionaire technology executive, and Dana White, chief

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world How did the polls in the US fare over the past week? This may sound like a simple question, but depending on what you’re actually asking, your chosen yardstick and possibly even your

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 economic policy studies at the American Enterprise Institute Donald Trump’s stunning return to power cements his status as a figure of historic consequence. His influence began in 2015

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump is considering tapping North Dakota’s Doug Burgum to be his new “energy tsar”, which would give the oil state’s governor sweeping power to slash environmental regulations and boost US fossil fuels