Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England sees “encouraging signs” in important areas of inflation, its governor has said, adding that the bank did not need price growth to hit its 2 per cent target before reducing interest
Stay informed with free updates Simply sign up to the Russian politics myFT Digest — delivered directly to your inbox. Russia has arrested a US-Russian dual citizen on treason charges for allegedly raising funds on behalf of Ukraine’s army. The FSB security service said the unnamed woman lived in Los Angeles and had organised fundraisers
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Because it wasn’t profane or even vivid, the most telling statement Donald Trump has made since leaving office didn’t hold the world’s attention. Asked in a Fox News interview last summer whether he would defend
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden raised more than $42mn in January, giving him a record-breaking $130mn war chest ahead of the November US presidential election despite mounting concerns over his age and weak polling numbers. The campaign said
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Monzo is nearing a new round of funding that would value the British digital bank at about £4bn, according to people familiar with the matter, in a sign of investor confidence in its expanding business.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Barclays has announced a plan to return £10bn to shareholders over the next three years and rein in costs as chief executive CS Venkatakrishnan attempts to revive the UK bank’s languishing share price. In a
Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. Bad commercial real estate loans have overtaken loss reserves at the biggest US banks after a sharp increase in late payments linked to offices, shopping centres and other properties. The average reserves at JPMorgan Chase,
One of the cryptocurrency industry’s highest-profile hedge fund firms has been accused of “criminal” mismanagement and raided by a Swiss prosecutor, in a dispute with an investor over losses suffered following the collapse of crypto exchange FTX. Geneva-based Tyr Capital Partners is alleged to have ignored an internal risk limit and investor warnings over its
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is author of ‘Black Wave’, distinguished fellow at Columbia University’s Institute of Global Politics and an FT contributing editor On Sunday, Israel’s prime minister, Benjamin Netanyahu, and his cabinet approved a resolution rejecting
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer, a former universities minister, is a visiting professor at King’s College London and chairman of global digital skills platform FutureLearn Universities need a concordat with government on international students. Political support for them
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US is circulating a UN Security Council resolution warning Israel against a “major ground offensive” into Rafah, the city in Gaza near the Egyptian border where about 1.5mn people are sheltering from the conflict
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Capital gains in the UK are highly concentrated in a small and wealthy set of parliamentary constituencies, suggesting most voters would not be hit by higher taxes on the profits, according to research. Less than
Saudi Arabia is mandating that leading Chinese technology companies invest in the Gulf kingdom in return for huge deals, as it leverages its petrodollar wealth to boost its domestic tech industry. Alibaba and SenseTime are among the top Chinese groups to have secured deals worth hundreds of millions of dollars with Saudi Arabia over the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pension funds are piling into UK corporate bonds, encouraging some French and German companies to issue sterling debt for the first time. The UK’s £1.4tn “defined benefit” pensions industry has been switching to corporate debt
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kemi Badenoch and the former Post Office chair were locked in a war of words on Monday, as the business secretary accused Henry Staunton of making “wild, baseless allegations” about the government’s handling of the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Financial data company S&P Global is nearing a deal to buy research platform Visible Alpha for more than $500mn from a consortium of investment banks including Goldman Sachs, Jefferies and UBS, according to people familiar
Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. US lender Capital One is nearing a deal to buy rival Discover Financial, according to a person familiar with the matter, in a tie-up that would unite two of America’s largest credit card companies. A
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bayer has announced plans to slash its dividend by 95 per cent as the German conglomerate steps up its effort to bring down its debt eight years after its ill-fated acquisition of Monsanto. The German
Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. The International Court of Justice has begun hearings into the legality of Israel’s 56-year occupation of the Palestinian territories, including whether the expansion of Jewish settlements violates the Geneva Conventions. The proceedings
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a Republican senator from Ohio and author of ‘Hillbilly Elegy’ The United States has provided a blanket of security to Europe for far too long. In the aftermath of the cold war,
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Ofcom is investigating whether an hour long Q&A with Prime Minister Rishi Sunak aired on GB News has breached UK broadcasting rules. The media watchdog on Monday said the show, People’s Forum: The Prime Minister, received