Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world At an event over the summer where I knew the vast majority of the attendees to be highly socially and politically progressive, a woman pulled me aside and told me she needed to
In a historic first, Israel’s Prime Minister Benjamin Netanyahu is a wanted man overseas. But at home, he is stronger than at any point since Hamas’s devastating October 7 2023 attack threw his political future into doubt. Buoyed by Donald Trump’s US election triumph, battlefield gains across the Middle East and the successful ousting of
To the public, Gautam Adani is the Indian billionaire who has built a powerful conglomerate stretching across mining, ports and renewable energy. To his alleged co-conspirators in a multibillion-dollar bribery scheme, he went by code names including “Numero Uno ”. Asia’s second-richest man was this week named in a criminal case filed by the US government
Russia’s armed forces have recruited hundreds of Yemeni men to fight in Ukraine, brought by a shadowy trafficking operation that highlights the growing links between Moscow and the Houthi rebel group. Yemeni recruits who travelled to Russia told the Financial Times they were promised high salaried employment and even Russian citizenship. When they arrived with
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Stanford University professor and Covid-19 lockdown sceptic Jay Bhattacharya has emerged as the frontrunner to run the National Institutes of Health, according to two people familiar with the matter. The nomination of Bhattacharya,
Joe Biden is staging a final push to deliver more aid to Ukraine, lock in manufacturing subsidies and confirm federal judges as he tries to secure his legacy before Donald Trump starts his second term in January. Following vice-president Kamala Harris’s defeat to Trump this month, and the failure of his own re-election bid in
The richest man in the world tried to doom Scott Bessent’s bid to become Treasury secretary less than a week ago. Last Saturday, the billionaire entrepreneur and Donald Trump confidant Elon Musk said the Wall Street investor’s appointment as Treasury secretary would amount to “business-as-usual”. After Musk’s tweet on X, Bessent’s odds of getting the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Funds managed by Goldman Sachs will write off almost $900mn after Swedish battery maker Northvolt filed for Chapter 11 bankruptcy this week. Goldman’s private equity funds have at least $896mn in exposure to Northvolt, making
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Germany has accused COP29 host Azerbaijan of backing an attempt by fossil fuel producing countries to hijack the world’s most important climate summit as talks ran almost a day late. Annalena Baerbock, Germany’s foreign affairs
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Meta’s Threads is losing ground to social media start-up Bluesky in capitalising on the exodus of users from Elon Musk’s X following Donald Trump’s election. Since election day, app usage of Bluesky in the US
In this article HSIC Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Company: Henry Schein (HSIC) Business: Henry Schein is a solutions company for health care. It operates through two segments: health care distribution, and technology and value-added services. The health care distribution segment distributes an array
An Amazon Web Services data center in Ashburn, Virginia, US, on Sunday, July 28, 2024. Nathan Howard | Bloomberg | Getty Images The power needs of artificial intelligence and cloud computing are growing so large that individual data center campuses could soon use more electricity than some cities, and even entire U.S. states, according to
Caesium is a soft, silvery-gold metal that becomes liquid when stored in a warm room. It is mostly found in mineral deposits near a small lake in the wilds of central Canada. Its main commercial use is as an ingredient in drilling fluids for petroleum exploration. But thanks to quirks of chemistry and history, caesium
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an FT contributing editor In July, Cynthia Lummis, a US senator from Wyoming, introduced a bill to establish what she called a “strategic bitcoin reserve”, a programme instructing the Treasury and the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military and Hizbollah are locked in fierce fighting around a strategically positioned 12th century crusader castle in one of Israel’s northernmost advances into Lebanon since launching its ground invasion in September. Hizbollah militants
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. British people planning to retire overseas and those already living abroad are the “unexpected beneficiaries” of changes to the non-dom rules outlined in the Budget that could see them escape death duties of 40 per
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A new type of graffiti has recently started appearing on walls in cities across France: paintings depicting a straight-backed woman with an auburn bob wearing a pair of dark sunglasses like a form of armour.
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. To the Royal Academy’s weirdly untrumpeted Michelangelo, Leonardo and Raphael exhibition. You can stand in the courtyard and not tell it is going on. Shame. In the last room, with god knows what trick
In the early hours of November 6, as the result of the US presidential election was called, Elon Musk posted a picture of himself walking into the Oval Office carrying a heavy porcelain basin. The image showed him standing on the iconic plush blue carpet with the presidential seal, gold curtains in the background. The
A strong dollar under US president-elect Donald Trump could wreck returns in emerging market bonds, say investors, driving further outflows from a sector already hit by a lengthy period of high interest rates in developed economies. Investors have pulled nearly $5bn overall from funds investing in dollar and local currency denominated emerging market bonds this
Scott Bessent sat directly to Donald Trump’s left as the then presidential candidate laid out his economic agenda to a roomful of Wall Street bigwigs at the Economic Club of New York in September. Following his nomination to the top job at the US Treasury department, Bessent will now move into the spotlight as the