Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. The UK’s inflation rate fell sharply in February, bolstering arguments for the Bank of England to start cutting interest rates this year as it makes headway in bringing price growth under control. The consumer prices
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 Europe’s largest munitions maker Rheinmetall has said EU leaders should consider installing short-range air defence systems similar to Israel’s Iron Dome. Armin Papperger’s comments come as EU capitals are boosting military
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK chancellor has told one of Britain’s most successful entrepreneurs that he should run for parliament if he believed he could do a better job than the government, according to people familiar with the
Leading European and UK artificial intelligence start-ups have been lobbied to move their headquarters to rival nations, as they become targets in a global competition to develop cutting-edge technology. Germany’s Aleph Alpha and UK-based Synthesia and StabilityAI are among the fledgling AI companies that have been approached by officials from Canada and the UAE in recent
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Financial markets are about to embark on a global stress test, essentially imposed by the superpower that is the US. Lots of institutions, particularly those outside the US, will fail it. From late May, in
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Only a fool would say the people running the world’s top financial companies are fools. But when historians look back at Wall Street’s response to climate change in the third decade of the 21st century,
A pink dawn rises above the low-slung warehouses of Grimsby’s docklands while men in white coats and wellies call out prices for pallets of fish on ice. The fish are not caught locally but are instead mostly imported from Iceland. It is a far cry from the 1960s, when Grimsby was the biggest fishing port
Borse Dubai is selling just under a third of its long-held stake in Nasdaq, the US exchange operator and financial technology provider. The sale of 27mn shares will leave the Middle Eastern exchange with a 10.8 per cent stake, making it Nasdaq’s second-largest investor. Thoma Bravo, the private equity firm, has a 12.5 per cent
Republican presidential candidate and former U.S. President Donald Trump speaks during a Fox News town hall at the Greenville Convention Center in Greenville, South Carolina, on Feb. 20, 2024. Justin Sullivan | Getty Images Donald Trump and his co-defendants were in talks with insurance giant Chubb for a $464 million appeal bond in the former
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Billionaire investor John Paulson will host a Florida fundraiser for Donald Trump next month, as the former president tries to match Joe Biden’s money operation and pay for a growing pile of legal bills and
Three months after Florida’s private intercity passenger train system, Brightline, disclosed a 21% decline in projected ridership for 2024, it’s cutting its forecast again. The Fortress Investment Group-backed Brightline now anticipates carrying a combined 4.9 million passengers this year on its new long-distance service between Miami and the Orlando airport and the five-year-old South Florida
The municipal primary market was active Tuesday while triple-A scales were little moved despite U.S. Treasury gains ahead of the Federal Open Market Committee meeting conclusion Wednesday. Various large new-issues were well-received and cleared the market Tuesday, with several repricing to lower yields. Despite several larger deals entering the primary, the large amounts of cash
The Puerto Rico Oversight Board’s proposed Puerto Rico Electric Power Authority plan of adjustment is in the hands of U.S. District Court Judge Laura Taylor Swain, while some observers expect an appeals court to overturn rulings underlying the plan, which would force a revision. After final oral arguments were made Monday, Swain said she would
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Microsoft has hired Mustafa Suleyman, the co-founder of Google’s DeepMind and chief executive of artificial intelligence start-up Inflection, to run a new consumer AI unit. Suleyman, a British entrepreneur who co-founded DeepMind in London in
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. Donald Trump, still no more than a candidate for the US presidency, may soon hand his friend, Vladimir Putin, victory over Ukraine. This would be incredible if one were not used to such
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt has hinted that the UK government may hold the next general election in October, which would give the ruling Conservative party less than seven months to turn around its dire position in the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves, the shadow chancellor, will on Tuesday set out new rules pledging that a Labour government would aim to borrow only to invest as part of an agenda to inject greater “stability” into policymaking.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google DeepMind has developed a prototype artificial intelligence football tactician in collaboration with Premier League club Liverpool, in the latest push to use the technology to master the ebb and flow of big-money sports. The
The Securities and Exchange Commission’s new climate rule will hack away at the SEC’s already well-established materiality standard and will mandate disclosure rules that work for Wall Street banks but have little relevance to many public companies across the country. That’s according to local leaders from Tennessee testifying during the House Financial Services Subcommittee on
In this article RDFN Follow your favorite stocksCREATE FREE ACCOUNT Westend61 | Westend61 | Getty Images While inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found. If home prices increased at the same rate as inflation since 1963, the median price of a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu insisted Israel would launch a ground assault on Rafah, despite pressure from the US not to carry out a major operation in the Gazan city where hundreds of thousands of people are sheltering.