In the summer of 2023, Rothschild bankers working for Zambia’s government were close to finalising a shortlist of buyers for a prized copper mine. Mopani, a troubled but rare asset formerly owned by resources giant Glencore, had drawn offers worth hundreds of millions of dollars from big names in the mining world eager to gain
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The good news confronting the next UK government is that it will be hard for economic performance to get worse. The bad news is that it will also be hard to make it much better.
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Stay informed with free updates Simply sign up to the Utilities myFT Digest — delivered directly to your inbox. Thames Water’s owners will start urgent restructuring talks in the coming days as parent company Kemble risks entering insolvency within weeks unless lenders agree to a debt-for-equity deal, according to people familiar with the matter. Alvarez
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Istanbul’s opposition mayor Ekrem İmamoğlu was leading against President Recep Tayyip Erdoğan’s ruling party in Sunday’s pivotal municipal elections, according to preliminary returns. İmamoğlu was ahead of Erdoğan’s mayoral candidate Murat Kurum by 8 percentage
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government has come under pressure to disclose legal advice about Israel’s conduct in Gaza after a senior Conservative MP claimed that an internal assessment found the Jewish state had breached international humanitarian law.
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It was a grim irony that as new questions were swirling over the future of debt-laden Thames Water — Britain’s largest water utility — this weekend, the annual Oxford-Cambridge Boat Race had to go ahead
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The writer is associate professor of behavioural science at Warwick Business School To my mind, Denis Villeneuve’s epic sci-fi remake of Dune is a critique of the idea of a messiah as a form of societal control. After logging on to X, however, I saw that some out there do not share this view: a few
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The surge of money flooding into artificial intelligence has resulted in some crypto-like hype that is obscuring the incredible scientific progress in the field, according to Demis Hassabis, co-founder of DeepMind. The chief executive of Google’s AI research division told the Financial Times that the billions of dollars being poured into generative AI start-ups and
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mohammed Marikar’s typical commute to his office in the City of London takes three and a half hours. On a bad day, it is more than four. The senior director at RBC Wealth Management is
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