Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli Prime Minister Benjamin Netanyahu visited Gaza on Monday, meeting with soldiers in the besieged enclave and pledging to push on with the war against Hamas, as pressure on his government increased to recover hostages
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The operator of the world’s second-largest container ship fleet will resume sending tankers through the Red Sea after a US-led coalition began providing naval security against attacks by Iran-backed Houthi rebels. Denmark’s AP Møller-Maersk said on Sunday that it would stop rerouting vessels around southern Africa, a long and costly route, and would proceed through
The influence of China’s once-powerful central bank has diminished as Beijing steps up a drive to centralise Communist party control over financial regulation. Some of the powers formerly held by the People’s Bank of China have been taken over by a party oversight body and a revamped financial regulator as Beijing resets its growth model.
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. We played host to Ukrainian refugees because of a man called Ilya Neustadt. A Jewish Ukrainian, he was studying economics in Belgium when Germany invaded in 1940. Britain took Ilya in. This may have
An American soldier, the kind you really don’t want to mess with, trains his gun on a pair of quivering, cringing targets. “Hey, there’s some kind of misunderstanding here,” one of them pleads desperately. “We’re American.” “OK,” comes the reply, very slowly; the soldier’s eyes are still murderously narrowed. “But what kind of American are
At a Starbucks in the futuristic headquarters of Naver, South Korea’s biggest internet company, a line of robots is on standby to fetch coffee for the company’s employees. About 100 robots on wheels — called Rookies — wander around the offices, carrying out simple tasks such as delivering meals and parcels and testing the boundaries
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Jim Ratcliffe has agreed to buy a roughly $1.3bn stake in Manchester United, ending more than a year of uncertainty over the English football club’s ownership and highlighting continued investor appetite for sports assets.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. James Cleverly, the UK home secretary, has apologised for making a joke at a recent Downing Street reception about spiking his wife’s drink with a “date rape” drug. His comments came just after the government
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s Prime Minister Benjamin Netanyahu has vowed to fight on in the war against Hamas, despite a mounting death toll and growing international calls to alleviate the humanitarian suffering in the Palestinian enclave and halt
Standing between two Christmas trees topped with red “Make America Great Again” caps this week, Donald Trump told a crowd of several hundred supporters in Waterloo, Iowa, that his poll numbers were “scary because we are leading by so much”. “We are leading by 30 to 40 points, I guess, but we have got to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A chemical tanker operating in the Indian Ocean has been attacked by a drone launched from Iran, according to the US military, expanding the threat faced by international merchant shipping. The Pentagon said in a
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. (noun) A large language model that can create text, images and code that mimic human ability In 2023, artificial intelligence burst into the mainstream. The decades-old discipline had been advancing quickly in recent years, steadily
With just three weeks to go until Taiwan’s presidential election, emotions are running high in one of the world’s biggest geopolitical flashpoints. The ruling Democratic Progressive party’s candidate Lai Ching-te has said the opposition’s plans for closer ties with China put the country’s sovereignty and democracy at risk. Hou Yu-ih, running for the opposition Kuomintang,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. On December 24, the Holy Trinity Church in Shanghai will hold its first Christmas Eve service in some time. The second restoration of the 1869 building, one of the oldest of its kind in China
Crypto companies have sharply increased donations to US politicians as sentiment in Washington hardens against the digital assets market. Companies including Coinbase, the Nasdaq-listed exchange, stablecoin operator Circle and a16z, the crypto investing arm of venture capitalists Andreessen Horowitz, are directing more funds towards electing pro-crypto legislators and influencing stalled bills in Congress ahead of
Cryptocurrency miners are spending heavily on the newest technology to earn more bitcoins, trying to gain market share and squeeze out rivals ahead of a halving of their rewards in around four months’ time. Miners listed on the world’s stock exchanges have this month committed to spending around $600mn on buying new chips and servers
On a day in May this year, the head offices of Tingo Group in Lagos had none of the markers of a global multimillion-dollar technology company. Occupying two floors in a high-rise building in the city’s old commercial district, there was broken furniture, fewer than 20 staff and none of the buzz of an operation
Puzzle app Royal Match, developed by a small team in Istanbul, has overtaken Microsoft-owned Candy Crush Saga as the most lucrative mobile game in the world, outshining other smartphone titles during a lacklustre 12 months for the industry. Royal Match became the biggest mobile game by monthly revenue globally in July and has held the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A new variant of Covid-19 is spreading rapidly across the US this holiday season, even as Americans’ interest in getting vaccinated has faded. JN. 1, a sub-variant of Omicron that has an additional mutation
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland’s president Andrzej Duda said on Saturday that he would veto a bill that is part of Prime Minister Donald Tusk’s budget in an escalation of the conflict between the country’s rival political parties over
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone invested more in European real estate than in any other region in 2023, as the world’s largest commercial property owner picked up bargains from market turmoil and distressed sellers. Real estate deal-making collapsed this
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