Russian deputy defence minister Timur Ivanov attended a meeting of the military’s top brass this week, sitting a seat away from his boss and wearing the uniform of one of the highest-ranking officials in the country. Hours later, Ivanov was taken to a courtroom, still wearing the same uniform but now under arrest on suspicion
Rishi Sunak will face a challenge to his leadership if the Conservatives suffer heavy losses and lose high-profile Tory mayors in next week’s local elections, rightwing rebels have claimed. Most Conservative MPs believe the prime minister would survive even a terrible set of results on May 2 because there is no viable alternative and a
“Levelling up” was the buzzword of the UK’s December 2019 general election campaign, but it was only after Boris Johnson had secured an 80-seat majority that thoughts turned to how to actually achieve it. Johnson was “passionate” about the idea of reducing regional inequalities, according to multiple colleagues. But when asked what levelling up meant
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dan Poulter, a Conservative MP and former minister, has defected to Labour, delivering a blow to Prime Minister Rishi Sunak just days before a crucial round of local elections. Poulter, a mental health doctor, said
Investors are pushing back their expectations of interest rate cuts around the world, as the US Federal Reserve’s battle with price pressures complicates other central banks’ loosening plans. As the US reported the latest in a string of poor inflation figures, markets reined in their forecasts for rate cuts by the European Central Bank and
In this article WOLF Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes executives and guests from Wolfspeed (NYSE: WOLF), on Oct. 4th, 2021, in celebration of its listing. NYSE Company: Wolfspeed (WOLF) Business: Wolfspeed is a semiconductor company focused on silicon carbide technologies. The company provides solutions for efficient energy consumption
Stay informed with free updates Simply sign up to the Airlines myFT Digest — delivered directly to your inbox. A shortage of aircraft seats is adding to bottlenecks in the industry’s supply chains, hampering plans by airlines to refurbish cabin interiors and unveil new upgraded planes. Aircraft seats, in particular those for first and business
Former Barclays boss Bob Diamond is looking to take on TikTok as chair of a social media start-up that claims to be worth more than $3bn, despite revenue of only $36mn and less than $1mn in cash on hand last year. The new direction for the financier comes after video platform Triller agreed an all-share
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. Last week, at a work lunch, I found myself, quite inexplicably, running out of chat. It may have been jet lag, or just exhaustion, but I had zero to contribute. Sure, you say, that
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. Back in 2020, my friend — let’s call him Liam — messaged the group chat. “It’s relentless,” he said, with a screenshot of a message from a woman reading “Still single?” Liam wasn’t complaining
Duncan Wanblad took the helm of Anglo American in mid-2022 just as the South African miner reached a record market capitalisation of more than £50bn. Two years later, its larger rival BHP is offering to buy it for £20bn less. The unsolicited move on Anglo — which it rebuffed on Friday as “highly unattractive” —
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The writer is author of ‘Command: The Politics of Military Operations from Korea to Ukraine’ The intelligence assessments had to be dire to persuade Mike Johnson to risk his position as Speaker of the House
Wednesday April 17, 5.10am: On waking up, I turn to the student-run Columbia Daily Spectator, my go-to source for campus coverage. It has just posted a story about a new encampment on the South Lawn. University president Minouche Shafik is due to testify later this morning in Washington before the House Committee on Education and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England is facing growing Tory pressure for interest rate cuts ahead of its May rate-setting meeting, prompting warnings from economists that politicians should not impinge on the central bank’s independence. Chancellor Jeremy
Microsoft and Google’s owner Alphabet have quashed investor scepticism around the vast sums spent on developing artificial intelligence, after being boosted by rampant corporate demand for their cloud computing services. The combined market value of the two US tech giants rose by more than $250bn on Friday, a day after each reported double-digit revenue growth
Municipals held steady Friday ahead of a sizable $7 billion, new-issue slate with a mix of credits across the spectrum, from healthcare to housing to toll roads and bellwether general obligation issuers. U.S. Treasuries improved across the curve while equities rebounded after another volatile week across markets. “Bond market investors are all wishing that April was behind us as they
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. James Cameron, who dreamt up the evil Skynet artificial intelligence network in his 1984 film The Terminator, says an advanced AI system could one day do his job. “If you have an artificial general intelligence
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour has sold out its party conference “business day” in under 24 hours, after a “Glastonbury-style” rush saw 500 top executives pay £3,000 for a ticket. The high demand for access to the event, where
The California Treasurer’s office will relaunch its DebtWatch website on May 1, offering a more user-friendly format with vastly more data than the original 2015 version. The website’s software will allow investors, issuers and taxpayers to access all the data the California Debt and Investment Advisory Commission gathers on bond issuance to allow them to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Topsy-turvy US economic data released this week left markets in a pickle, but still just outside the danger zone. Official figures revealed on Thursday that the US economy was not necessarily streaking ahead of the