Benjamin Netanyahu is under renewed pressure to prioritise Israel’s hostages in Gaza, with some of his war cabinet, opposition leaders and large parts of public opinion swinging behind calls to stop military operations to enable their release. While Israel’s premier has faced weeks of protests from relatives of the 136 remaining hostages, support for halting
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Morgan Stanley profits fell almost a third in the fourth quarter, as costs at its wealth management business rose and it reached a settlement with regulators over block trading. The results were the last under
With a sharp decrease in revenue growth expected in fiscal 2025, New Mexico Gov. Michelle Lujan Grisham proposed a $10.5 billion spending plan that she said maintains hefty reserves that help cushion state coffers from volatility in the fossil fuel industry, which generates tax and other revenue. “Here’s my promise to New Mexicans in future
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Goldman Sachs has reported its lowest annual profits in four years, as losses caused by its pullback from retail banking compounded a slowdown in its core business. Net income for 2023 fell 24 per cent
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. Those parochial Democrats. Those globalist Republicans. Last week, when US forces struck Houthi rebels in Yemen, some Congressional left-wingers objected to the action itself or to the lack of legislative consent for it, or
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fujitsu will contribute to the compensation of sub-postmasters affected by the Post Office Horizon scandal, according to the head of its European division. Paul Patterson said there was a “moral obligation for the company to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump showed no cracks in the armour of his campaign to return to the White House after scoring an overwhelming victory in Iowa over his closest Republican rivals, prevailing in all 99 counties of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK wage growth slowed in the three months to November, according to official data that suggests inflationary pressures had already eased by more than the Bank of England thought when it published its most recent
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are two ways to interpret Donald Trump’s cruise to victory in Iowa. The first, which I lean towards, is confirmation that the former president owns the Republican party in a way that no figure
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy Despite a sharp decline in US inflation over the past year, the monthly US data release on movement in prices
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At the close of the 2016 Olympics in Brazil, Japan’s then prime minister appeared, unexpectedly, dressed as Super Mario. I don’t know if Shinzo Abe was a gamer, and it is ultimately irrelevant: what it
As the head of China’s biggest jewellery retailer, Kent Wong has his finger on the pulse of consumers in the world’s second-largest economy — and they are wary. Wong, managing director of Chow Tai Fook, said the chain’s customers have been pivoting from diamonds and other gemstones to gold, a store of wealth in tough
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fujitsu is facing mounting pressure this week to foot part of an estimated £1bn compensation bill for the victims of the Horizon IT scandal. The Japanese IT company developed the faulty computer system at the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A townhouse in London’s Belgravia owned by a company linked to the husband of Tory peer Baroness Michelle Mone is on sale for £25mn, weeks after the lingerie tycoon admitted lying over her role regarding
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese authorities have in recent days told some institutional investors not to sell stocks, as regulators face renewed pressure to stabilise share prices following the steep decline in the first weeks of the new year.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The British government could save at least £20bn a year by modernising IT systems, tackling fraud and getting a grip on failing mega-projects such as the HS2 rail line, according to the head of the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran’s Revolutionary Guards launched a barrage of ballistic missiles against targets in Syria and northern Iraq, including what the elite force described as an Israeli intelligence centre run by Mossad, the spy agency. The guards
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak will this week confront Conservative rightwingers who want to toughen up his Rwanda asylum bill, as a new “mega poll” suggested his party could be heading for a 1997-style election wipeout. The prime
Iran’s Revolutionary Guards launched a barrage of ballistic missiles against targets in Syria and northern Iraq, including what the elite force described as an Israeli intelligence centre, in a significant escalation of hostilities with the Jewish state. The guards said on Monday the missile strikes on an “espionage centre” in Erbil, the capital of Iraq’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump is expected to win the first ballot of the 2024 presidential race, as voters in Iowa gather on Monday night for caucuses that will set the pace for the Republican campaign for the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has declared that the UK remains “prepared to back our words with actions”, signalling Britain could participate in further western strikes against the Houthi rebels as the group continued to launch attacks in