Today In The Markets

Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. When I started my career as a financial journalist in the new year of 1987, a few City gents still wore bowler hats. As I prepare to retire at the end of the year, neck

Stay informed with free updates Simply sign up to the Utilities myFT Digest — delivered directly to your inbox. One test in journalism is whether you can successfully explain the story you are writing to your mother. In business leadership, it is whether you stand a chance of explaining yourself to a parliamentary committee who

For more than 650 days in a row, Ukrainian president Volodymyr Zelenskyy has given at least one video address to the nation — praising his troops, celebrating advances along the front lines and reaffirming resolve in the face of Russian aggression. The message is always “we’re moving forward”, with the aim of maintaining optimism at

The Bank of England faces a particularly stubborn inflation problem that may stop it from cutting interest rates as sharply as peers next year, investors have warned, as the central bank prepares for its final policy meeting of 2023. The Monetary Policy Committee is widely expected to say on Thursday that it is keeping its

Stay informed with free updates Simply sign up to the Monetary policy myFT Digest — delivered directly to your inbox. Leading central banks are preparing to push back at investor predictions of how quickly interest rates will fall, as they meet for the final time this year amid strong employment numbers. Investors have been betting

Donald Trump said he will not appear in court on Monday to testify in the civil fraud trial brought by the New York attorney-general. “I have already testified to everything & have nothing more to say . . . I will not be testifying on Monday,” the former president on wrote on Sunday on social media in all

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s small business lobby has asked the country’s top financial regulator to intervene over “harsh” banking practices that it says are forcing entrepreneurs to put their homes at risk unnecessarily. The Federation of Small

Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. Nearly half of American voters think the US is spending too much on aid for Ukraine, according to a poll that underscores the fragility of domestic support just as Volodymyr Zelenskyy prepares to

Prime Minister Rishi Sunak is braced for a testing cross-examination on Monday when he makes his first appearance before the UK’s official inquiry into the coronavirus pandemic. The inquiry has heard damning testimonies in recent weeks, which have exposed chaos at the heart of the government as it struggled to respond to the rapid spread

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Javier Milei, a maverick libertarian economist, has promised deep cuts in spending after being sworn in as president of Argentina, saying that only radical change can pull the South American nation out of its worst

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is the sort of extravagant territorial claim that makes authoritarian leaders salivate. A demand to annex two-thirds of a much smaller neighbour’s territory, supposedly to right a historical injustice. Access to a rich offshore

It was a riveting image: the presidents of three of the world’s most elite universities — Harvard, the University of Pennsylvania and the Massachusetts Institute of Technology — seated together at a witness table. All were women; one black and one Jewish. They were the star witnesses at a congressional hearing on campus antisemitism. Within

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uefa is seeking changes to its rule book that would open the door for its president Aleksander Ceferin to extend his stay at the top of European football’s governing body beyond the 12-year limit he

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia is obstructing the UN’s flagship climate negotiations and pressuring their presidency, the United Arab Emirates, in a bid to shift the focus away from oil and gas producing nations, according to several people

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Splits within the UK Conservative party deepened on Sunday ahead of a crunch vote on legislation aimed at salvaging plans to send asylum seekers to Rwanda, with the former immigration minister saying it was “weak”

On two occasions in the past month, continental Europeans have asked me whether the UK will rejoin the EU. Not for many decades, if ever, I replied. This is so despite the shift in British opinion over the wisdom of Brexit. If the electorate had known in 2016 what it knows today it would have

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government is set to outline plans for a financial package to steady Northern Ireland’s public finances at a meeting with political parties on Monday, despite the lack of a deal to restore the

The Astro Sculptor oil tanker was already showing its age in February 2020 when inspectors reported problems with corroded decks and propulsion machinery on the then 17-year-old Greek-run ship. But nearly four years later the vessel is still ploughing the oceans — part of the “shadow fleet” of secretively run tankers assembled by the Kremlin