Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. China has launched an investigation into Apple iPhone maker Foxconn over tax and land use, Chinese state media reported on Sunday. The Global Times, citing anonymous sources, said tax authorities inspected Foxconn’s sites in the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US said it was sending more advanced weapons systems to the Middle East and the Israeli military warned Lebanon to rein in the militant group Hizbollah, reflecting growing concerns that Israel’s war against Hamas
Lawyer and cryptocurrency supporter John Deaton has criticized the Lightning Network, deeming it less effective than the “Spend The Bits” protocol on the XRP Ledger (XRPL). Lightning is a layer-2 scaling solution for Bitcoin. It is designed to improve the scalability and efficiency of Bitcoin (BTC) transactions by enabling off-chain, peer-to-peer transactions. In an Oct.
A French paratrooper in his youth, Jean-Pierre Mustier has been parachuted in to manage the kind of corporate minefield his home country seems adept at producing. The former UniCredit chief may face his biggest challenge yet as chair of IT services group and military contractor Atos following his predecessor Bertrand Meunier’s resignation last Monday. Mustier
Stay informed with free updates Simply sign up to the EU energy myFT Digest — delivered directly to your inbox. Brussels is weighing whether to prolong an emergency gas price cap introduced in February amid fears that the conflict in the Middle East and sabotage of a Baltic pipeline could push up prices again this
When Volodymyr Zelenskyy strode into Nato headquarters earlier this month, he found western leaders buzzing about war — but not his war. Just four days before the Ukrainian president’s visit to Brussels, Hamas militants had launched a surprise attack on Israel, which then responded with air strikes and began mobilising for a new conflict that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s riskiest corporate borrowers are paying the highest premium in seven years to tap the region’s €412bn junk bond market, highlighting growing fears that a long period of high interest rates and an economic slowdown
Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Private equity firms are facing the worst year in a decade for selling portfolio companies after higher interest rates and geopolitical tensions ended the buyout industry’s boom. In the first nine months of the year,
“When you give roses to others, their fragrance lingers on your hand,” Xi Jinping told guests at the 10th anniversary celebration of his Belt and Road Initiative in Beijing last week. “Helping others is also helping oneself.” Even as China’s president played the exuberant host, welcoming world leaders from Russia’s Vladimir Putin to Indonesia’s Joko
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s military and security chiefs have queued up to take a share of the blame in the two weeks since Hamas militants from Gaza killed more than 1,400 people. The head of military intelligence for
After Hamas’s atrocities in Israel and the state’s retaliation in the Gaza Strip, executives at companies including Goldman Sachs and Google emailed staff and made public statements expressing sympathy for victims. Other business leaders chose to say nothing at all. Both responses risked a backlash. Some companies have been criticised for “picking a side”; others condemned
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Dutch justice minister — and a frontrunner to be the next premier — has warned that the conflict between Israel and Hamas could cause civil strife in European countries. Dilan Yeşilgöz-Zegerius said the cycle
When it comes to professional organizations, it might be easy to think that adding as many organizations as possible will help improve your resume. Students and professionals early in their career may look to create a list of places they’re involved in. Certainly, professional organizations can help you make connections and uplevel your career. The
Top Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments has filed a new application with the U.S. Securities and Exchange Commission for a new spot Bitcoin exchange-traded fund (ETF). The new filing aligns with Grayscale’s ongoing effort to convert its Grayscale Bitcoin Trust into
Security researcher and developer Antoine Riard is stepping down from the Lightning Network’s development, citing security issues and fundamental challenges to the Bitcoin ecosystem. According to a thread on the Linux Foundation’s public mailing list, Riard believes the Bitcoin community faces a “hard dilemma” as a new class of replacement cycling attacks puts Lightning in
Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price speculation over the previous days. Adams deployed the HAY token for testing five years ago, before the
Today’s housing market is a toxic mix of high mortgage rates, high prices, tight supply and strangely strong pent-up demand — and it’s scaring off buyers and sellers alike. Prices were already high, driven by supercharged demand during the height of the Covid-19 pandemic. Now the popular 30-year fixed mortgage rate is at 8%, the
Stay informed with free updates Simply sign up to the Workplace pensions myFT Digest — delivered directly to your inbox. The UK Treasury is in line for a windfall of more than £100mn as it takes control of the pension schemes of two banks bailed out by the taxpayer during the 2008 financial crisis. Jeremy
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A small convoy of international aid entered Gaza on Saturday morning, hours after two American hostages were released by Hamas after mediation from Qatar. Some 20 trucks carrying medicines and canned food entered the southern
While major markets like New York City and San Francisco encompass much of the premier real estate in the world, smaller cities and towns across the United States are by no means without their fair share of exceptional homes. Check out these incredible properties from distinct markets around the country climbing from $5 million to
In this article Follow your favorite stocksCREATE FREE ACCOUNT Sanjeri | E+ | Getty Images Company: Fortrea Holdings (FTRE) Business: Fortrea Holdings is a global contract research organization, or CRO, that provides clinical development and patient access solutions to the life sciences industry. CROs work with drug companies through all stages of the drug development