Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taiwanese security experts and retired military officials close to the opposition Kuomintang have called for drastic reforms to make the country’s energy sector less vulnerable against a Chinese attack. A war game conducted by the
Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, arrives at the E. Barrett Prettyman U.S. District Courthouse in Washington, D.C., on Dec. 15, 2023. Anna Moneymaker | Getty Images Creditors want to force Rudy Giuliani to sell his $3.5 million Florida condo to help pay his significant debts, according to a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nato’s European members need to find an extra €56bn a year to meet the alliance’s defence spending target, but the shortfall has halved in the past decade, according to research by Germany’s Ifo Institute for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An incoming Labour government could find itself with “more money to play with” than many expect, according to Lord Nick Macpherson, the top official at the UK Treasury for more than a decade. Macpherson said
It had been more than 40 years since Anne Marie Allen lived and worked at Ballyglunin Park, but she still took the servants’ driveway up to the house. We parked in the shadow of the large grey manor, and a young man came out to beckon us in from the buffeting Irish wind. Anne Marie
Jay Gatsby, Albert Einstein, Frodo Baggins, John Pierpont Morgan, Michael Jordan, Bill Gates, Elon Musk, Mark Zuckerberg, Warren Buffett, Michael Milken, Bernard Madoff, Charles Ponzi — the list of people to whom Sam Bankman-Fried has been compared is an extraordinary one. He seems destined to be remembered alongside those last three names, after being convicted
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. In Kuala Lumpur, I stay awake until dawn to watch a Champions League game eight time zones away. The city twitches into life just as the team from coastal Portugal scores a late winner
The closer Donald Trump gets to the 2024 presidential election, the longer he will be spending in courtrooms and away from the campaign trail as he faces dozens of charges in four separate criminal cases. An unprecedented and busy legal calendar will be a growing drain on Trump’s time as well as financial resources —
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden appeared to deepen his rift with Benjamin Netanyahu on Friday, publicly praising a top Democrat’s remarks that called for the Israeli prime minister’s removal as a “good speech” that expressed “concerns” shared by
Rich valuations 10-years and in, municipal outperformance to U.S. Treasuries and an overall drumbeat that supply is not meeting demand — yet cash sits sidelined — was the theme for the week. All else being equal, expectations for more of the same will greet the market next week, along with several New York credits and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Talks on a UK-India trade deal, originally scheduled to conclude before Diwali in October 2022, have been put on ice until after India’s general election later this spring following the failed final efforts to find
A below-the-radar trip to Venezuela by Boris Johnson to meet autocratic president Nicolás Maduro was arranged by a hedge fund manager interested in normalising diplomatic relations between London and Caracas, according to people familiar with the matter. Former JPMorgan banker Maarten Petermann, co-founder of London-based Merlyn Advisors, organised the former UK prime minister’s visit by
In this article PGNY VTGN PFE Follow your favorite stocksCREATE FREE ACCOUNT Peathegee Inc | Tetra Images | Getty Images After years of being ignored, menopause has entered the public conversation. Celebrities from Drew Barrymore to Naomi Watts have opened up about symptoms and promoted products. Yet despite the increased chatter, there is a long
If Westminster is becoming a “zombie parliament” then James Heappey, once seen as a rising star of the Conservative party, on Friday joined the ranks of the living dead: Tory MPs stepping down at the next election. Heappey, a former Army officer who served in Iraq and Afghanistan, became the 65th Conservative MP to call
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The way early Slack adopters talked about workplace messaging in the 2010s sounds unhinged today. It was a “friend” in the office, the “glue” keeping teams together and the reason work was fun. Of course,
Houston will end its eight-year-long impasse with its firefighters union under a $650 million settlement financed through the issuance of judgment bonds, Mayor John Whitmire announced Thursday. The agreement provides lump sum payments to current and retired firefighters to cover back wages owed while they worked without a contract since the last one expired in
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. England has experienced its wettest 18 months since records began in 1836, leaving farmers struggling to plant crops in waterlogged fields and transport networks disrupted by flooding. Climate change has exacerbated weather events around the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has agreed to pay $490mn to settle a class action accusing chief executive Tim Cook of misleading investors in 2018 by exaggerating demand for the iPhone in China. Investors claimed Cook overstated demand for
Property insurers’ growing reluctance to insure homes exposed to severe weather should raise a red flag for the municipal bond market, which so far has shrugged off risks but will soon have to grapple with major climate-driven shifts in credit quality and bond prices. That’s according to panelists who spoke Thursday during a webinar titled
The Municipal Securities Rulemaking Board held the first of its two stakeholder meetings on Thursday, gathering trade groups representing the professionals from which the board derives its fees to discuss its now abandoned rate card model, the volatility of its fees and how many of its fees and expenses are allocated. According to both members
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Investors have fallen into line with the Federal Reserve’s expectation that it will cut interest rates just three times this year, after a months-long stand-off between markets and the central bank. Following a run