Emma Reynolds, UK pensions minister, has left the door open to forcing pension schemes to invest more in British assets if reforms fail to drive savings into domestic infrastructure and companies. The government announced this week it would create a series of “megafunds” to steer more of the UK’s £1.3tn defined contribution and local authority pension industry
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 chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’ Having turned the vote his way in just about every corner of the 50 states, Donald Trump’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Optimists express confidence that the “special relationship” between the US and UK will survive even Donald Trump’s most anarchic instincts. Perhaps. But our governing values and fortunes are now an ocean apart at least in
About 150 miles south-east of the US city of New Orleans, Shell’s newest oil platform looms above the choppy waters of the Gulf of Mexico. Dubbed Vito, the structure embodies a new approach to offshore drilling both for the company — and the industry at large. “Vito represents the future of Shell in the Gulf
Amazon chief executive Andy Jassy recently told employees that a new plan requiring them to be in the office five days a week did not amount to a “backdoor lay-off”. Yet his reported comments at a company-wide meeting last week did not rebut a previous suggestion from a senior manager that staff who fail to
Donald Trump’s election as US president is already threatening international initiatives on climate change and taxation, as diplomats from the world’s richest nations struggle to maintain a shaky consensus on the eve of a G20 summit in Brazil. Argentina and its President Javier Milei, a close ally of Trump, threatened to block a joint communiqué
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US President Joe Biden has authorised Ukraine to launch limited strikes into Russia using US-supplied long-range missiles, in a big policy shift before the end of his White House term in January, two
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 advisers have sought assurances from the top candidates to be Treasury secretary that they are committed to his sweeping tariffs plans, people familiar with the discussions said. The pressure from Trump’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer, UK prime minister, will urge G20 leaders to “double down” on their support for Ukraine, as he seeks to rally support for Kyiv ahead of Donald Trump’s inauguration as US president in
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Call me a Cassandra. Many have. But I am already dreading the downturn that must surely come at some point during Donald Trump’s presidency. Yes, the short-term sugar high of deregulation and tax
Approximately 1 in 3 U.S. adults ages 18 to 34 live in their parents’ home, according to U.S. Census Bureau data. The pandemic caused more young adults to return home or remain living with their parents into their late 20s and 30s, but aside from that spike, the numbers have remained fairly consistent in recent
Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. A Social Democrat politician has become the first sitting SPD MP to call for the popular defence minister Boris Pistorius to run as the party’s candidate for chancellor in February’s snap elections instead of Olaf
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. As a victorious Donald Trump brings “America first” ideology back to the White House, leaders across the Atlantic are confronting the reality of “Europe, alone”. They ought to be prepared: for eight years they have openly
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump’s election as US president is already fraying international initiatives on climate change and taxation, as diplomats from the world’s richest nations struggle to maintain a shaky consensus on the eve of a G20
In this article UBER SQ AMZN Follow your favorite stocksCREATE FREE ACCOUNT Dominika Zarzycka | Nurphoto | Getty Images The postelection rally has hit some turbulence in recent days, giving investors a bumpy ride in the near term. However, these choppy markets can harbor plenty of opportunities — for those who know where to look.
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia on Sunday launched dozens of missiles and drones in what Ukraine’s foreign minister said was one of the largest air attacks of the war, targeting power facilities across the country and sending Kyiv
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Chinese smartphone manufacturers are intensifying efforts to gain a stronger foothold in Europe and sell higher-margin premium devices, with one of the world’s fastest-growing brands aiming to more than double its market share on the continent in the next three years. Shenzhen-based Realme, which has increased European sales by 275 per cent from 2020 to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northvolt’s fate is hanging in the balance as the troubled Swedish battery maker considers filing for Chapter 11 protection from creditors or even bankruptcy. People involved in the negotiations about the future of the one-time
When pop star Katy Perry performed clad in jeweller Tiffany’s signature shade of robin egg blue at the reopening of the New York flagship store last year, Alexandre Arnault was offstage — but behind the scenes he was front and centre. The third child of LVMH’s billionaire chief executive Bernard Arnault, Alexandre had, as second-in-command
Thames Water could incur more than £800mn in interest and other costs on its planned £3bn emergency loan that analysts warn will hit customers by depleting cash for key infrastructure improvements. Britain’s largest water utility, which is already struggling under a £19bn debt mountain, said on Wednesday that it had approval from a majority of