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When checks on food entering the UK from the EU begin on Tuesday, lorries will have to drive 22 miles from Dover to border control posts at Sevington on the outskirts of Ashford. Anyone found to be carrying unsafe or contaminated food could be asked to turn around and drive back again. The government has
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The yen tumbled to a fresh 34-year low on Friday after the Bank of Japan kept interest rates on hold and offered no indication it was in a hurry to arrest the currency’s slide with
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of The Lex Newsletter. Premium subscribers can sign up here to get the newsletter delivered every Wednesday and Friday. Standard subscribers can upgrade to Premium here, or explore all
With about 94% of the $55 billion of federal funding from the 2021 Infrastructure Investment and Jobs Act for the country’s water and wastewater needs yet to be disbursed, issuers may not need much in the way of municipal bonds for water infrastructure, analysts said. Bond issuance for water and sewer purposes declined 6.7% to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chief executive of TotalEnergies has said the French oil major could move its primary listing from Paris to New York as US investors were more positive about the company and supportive of its fossil
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two British nationals have been charged with conducting hostile activity in the UK to benefit Russian intelligence after a suspected arson attack on a London-based business linked to Ukraine. Prosecutors said on Friday that Dylan
On the High Street in Hungerford, a historic market town about an hour west of Reading, is Nigel Montgomery’s stamp and coin shop. He has traded precious metals for about 50 years, but has never seen a gold rush like this: the price of a troy ounce, the unit used to weigh precious metals that
The worlds of finance and theater might seem very different, but Steven Mahr sees a common thread running through the work that he and his colleagues do to realize the city’s policy visions and the performances that take place on Chicago’s renowned stages. Mahr, who moved to the city with his wife two years ago,
Collin Teague has joined Siebert Williams Shank & Co. as a managing director in the company’s public finance group in New York, the firm announced Thursday. Teague was most recently an executive director in the municipal securities department at Morgan Stanley. “Collin joining us is further evidence of our commitment to growing our public finance
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Do you fancy becoming immortal? Me neither. Silicon Valley titans who lust after “escape velocity from death” leave me cold. But most of us would love to stay younger for longer — preferably without Botox.
Mark Zuckerberg received the lowest salary of all of Meta’s staff in 2023, with his measly $1 salary — though the Big Tech chief raked in a staggering $24.4 million in “other compensation.” According to a proxy filing statement, the lion’s share of this “other compensation” covered Zuckerberg’s security costs. Though the Securities and Exchange
Loading… Loading… Renowned economist and cryptocurrency skeptic, Peter Schiff, warned Bitcoin BTC/USD holders of a potential drop if the coin fails to hold the $60K support level. What Happened: On Wednesday, Schiff took to Twitter to express his concerns about Bitcoins future. Its not looking good #HODLers. You guys need to hope #Bitcoin can hold
Florida Gov. Ron DeSantis has signed into law a bill that would ban most abortions in the state after six weeks, before many people know theyre pregnant, further decimating abortion access in the South. The bill passed the Republican-controlled House of Representatives on Thursday afternoon in a 7040 vote. DeSantis signed it into law hours
Montana lawmakers passed a bill on Friday banning TikTok from operating in the state amid growing concerns about the app’s suspected ties to the Chinese government. The bill was passed by the state House in a 5443 vote and now heads to Gov. Greg Gianforte’s desk. If Gianforte signs it into law, Montana will become
Oh, sweet the ‘nanny state’ is back! Fast-food chains and coffee shops in New York City would have to slap a warning on menu boards and packaging under a new rule from the Adams administration. The city Health Department’s first-in-the-nation edict will mean labels warning on food and drinks with more than 50 grams of
Walmart said it will remove self-checkout counters at two more stores — including one where retail theft has gotten so bad that shoppers say going there has become downright “scary.” The Arkansas-based retail giant didn’t address the problems of retail theft, saying it was ditching the self-checkout lanes at the store in Cleveland and another
Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. G7 countries are set to agree a global target this weekend to increase electricity storage capacity sixfold from 2022 to 2030, as countries grapple with how to keep the lights on while shifting to intermittent
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation rose to 2.7 per cent in the year to March, according to the metric the Federal Reserve uses to set its target for price pressures. Friday’s data on personal consumption expenditures surpassed economists’
Rating agencies had some good news and bad news for San Francisco this week. S&P Global Ratings Monday put a negative outlook on the joint city and county’s underlying AAA general obligation bond rating, which means there is a one-in-three chance the rating could be downgraded over the next two years. But the city also
Neil Tennant, half of the most successful British duo in the history of pop music, arrives alone to lunch with the FT. “We call this the Coldest Table In London,” he announces, gesturing at the bare windows of J Sheekey in Covent Garden and the wind tunnel that is St Martin’s Court, in front of