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. Former Finnish prime minister Alex Stubb will become the Nordic country’s next president after elections billed as the most consequential in decades following Russia’s full-scale invasion of Ukraine. Stubb beat Pekka Haavisto, foreign minister until

Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. Decades ago, the economist Arthur Okun — chair of the Council of Economic Advisors under Lyndon Johnson — advocated what he called a “high-pressure economy”. He meant one in which expansionary policies could create higher

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tech companies have axed 34,000 jobs this year as they rejig their workforces to invest in new areas such as generative artificial intelligence to power their next phase of growth. Microsoft, Snap, eBay and PayPal

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russian forces are using Starlink terminals on the front line in Ukraine, according to the Ukrainian military, which said the adoption of Elon Musk’s satellite internet service by Moscow’s troops was becoming “systemic”. Ukraine’s

Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. The British government is seeking to take control of a key site in Wales earmarked for a nuclear power plant as part of wider plans to revamp nuclear technology for the UK.    State-owned Great

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour was embroiled in a fresh row over antisemitism on Sunday after it was revealed that its candidate for an upcoming by-election espoused conspiracy theories about Israel. Azhar Ali, Labour’s candidate in the North West

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli leaders have hit back at a credit rating downgrade from Moody’s, the first in the country’s history according to a finance ministry official, with Prime Minister Benjamin Netanyahu arguing it was a result of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is executive director at Spotlight on Corruption After every corporate scandal, there are loud calls for senior heads on sticks. The UK Post Office scandal is no exception, with demands that senior executives

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. EY piled more than $700mn of extra debt on to its global operating business to deal with the costs of the failed plan to spin off its consulting arm, according to newly filed accounts. The

The Federal Reserve is set to press ahead with plans to cut rates despite an unexpected surge in jobs growth in January, with a $7tn immigration-led economic boost and fewer job vacancies convincing officials the labour market is unlikely to trigger inflation. Fed officials said this week that last Friday’s payrolls data, which showed the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two years ago, the west stunned the rest of the world by imposing unprecedented economic sanctions on Russia after Vladimir Putin’s assault on Ukraine. Yet the euphoria in western capitals about this response turned to

UK employers are racing to submit visa applications for skilled staff ahead of changes by Rishi Sunak’s government to immigration rules that will sharply increase the costs of hiring overseas. Immigration lawyers said some clients were already withdrawing job offers because they would need to pay much higher salaries to people recruited on skilled worker

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC will start disclosing off-balance sheet emissions in its annual report later this month, after investors pressured the bank to stop leaving out swaths of data from its climate calculations. The change means the UK’s

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The financier Nathan Mayer Rothschild is reputed to have remarked that “the time to buy is when there is blood in the streets”. That suggests there is an opportunity to invest in office buildings, many

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Imagine discovering a cheap, simple gadget that you use at least once a day because it does a much better job of making something you crave than all the fiddly, expensive devices you tried before.

In late October more than 40 of Europe’s most powerful bankers convened at the palatial Dolder Grand hotel overlooking Zurich for three days of discussions about the state of their industry. Attendees were given the chance to quiz Switzerland’s finance minister Karin Keller-Sutter and central bank governor Thomas Jordan, just over six months after the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Far more Americans trust Donald Trump to handle the US economy than Joe Biden despite months of strong growth, a new poll has found, underscoring the president’s difficulty in convincing voters his policies are improving

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump said he had warned Nato allies that he would encourage Russia to do “whatever the hell they want” if alliance members failed to meet defence spending targets, highlighting the risk to the military

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HM Revenue & Customs awarded Fujitsu £1.4bn in contracts after a landmark 2019 court case laid bare the Post Office Horizon scandal, according to new data obtained by MPs. The data throws fresh light on

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has launched several air strikes on Rafah hours after Prime Minister Benjamin Netanyahu ordered the army to prepare a plan to evacuate civilians from the densely populated southern Gazan city. The overnight attacks killed