Today In The Markets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Disney looks to have staved off a challenge to its board from activist investor Nelson Peltz, handing a victory to chief executive Bob Iger and ending one of the most expensive and closely watched boardroom

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gold prices surged to an all-time high on Wednesday as traders respond to signals that the US Federal Reserve is preparing to cut interest rates later this year even as inflation remains stubbornly above the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla Motors will this month send a team to scout locations in India for a proposed $2bn-$3bn electric car plant, according to two people with direct knowledge of the electric vehicle company’s plans. The step

During the last US administration, the CIA sent a team of analysts to Moscow armed with credible information about the Islamist threat posed to Russia by citizens of Central Asian states who had joined Isis in Iraq and Syria. Instead of heeding their calls, the Russian side accused the US of itself supporting Isis. They

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is a case of the known unknowns. Most of the looming election’s parameters are clear but there is one unquantifiable which troubles party strategists on both sides. The don’t knows. As Tories grasp at

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tottenham Hotspur is in talks to secure a “significant increase” in equity as the football club seeks to compete with deep-pocketed rivals in the English Premier League. Rothschild & Co, which has long-standing ties to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Unlike Las Vegas, what happens in Florida does not stay in Florida. This week the state’s highest court issued a pair of rulings that ought to keep Donald Trump awake at night. If any issue

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Eurozone inflation fell to 2.4 per cent in March, lower than forecast, bolstering expectations that the European Central Bank will cut interest rates by the summer. The slowdown of annual consumer price growth from 2.6

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Four people have been killed and hundreds injured in Taiwan after the island’s strongest earthquake in almost 25 years damaged buildings, halted rail traffic and forced the evacuation of semiconductor manufacturing plants. The quake —

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. The news outlet/hedge fund Hunterbrook, in its debut article/short sale, sent the stock of United Wholesale Mortgage down 8 per cent. Hunterbrook accused UWS, a mortgage lender, of cultivating

In February 2022, Vladimir Putin launched his full-scale invasion of Ukraine. In doing so, the Russian president committed, in the words of one senior western diplomat, “a breach of civilisation” as he sought to remove Ukraine’s right to exist. He also brought Nato back to life. Defending Europe against Soviet aggression is why the military

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Venture capitalists are struggling to raise money, signalling the end of an era of “megafunds” and a slowdown in start-up dealmaking over the coming years. Globally, venture firms raised $30.4bn from university endowments, foundations and

Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. The four biggest southern European economies have outgrown Germany by about 5 per cent since 2017, underlining the region’s two-speed recovery from recent shocks. Italy, Spain, Portugal and Greece have collectively added more than €200bn

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Morgan Stanley has agreed to stay in its Canary Wharf office for another 14 years in a big boost to the east London financial centre that has been hit by high-profile tenant departures.  The US

Stay informed with free updates Simply sign up to the Science myFT Digest — delivered directly to your inbox. The writer is a science commentator There is something otherworldly about snakes. The slithering creatures feature heavily in religion, folklore and mythology: the serpent in the Garden of Eden that tempts Eve to eat forbidden fruit;

Stay informed with free updates Simply sign up to the Retail sector myFT Digest — delivered directly to your inbox. The US just suffered through a horrific retail crime wave, or so its big retailers would have us believe. Starting in late 2022, mentions of theft shot up 80 per cent on earnings calls, according

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. With less than eight months to go until an expected autumn UK general election, Rishi Sunak has a steep climb to avoid defeat. If he calls for an earlier summer vote, the ascent would become