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. Iran-backed Houthis struck a US-owned cargo ship on Monday, the first direct assault on a commercial vessel since American and British forces launched multiple strikes against the Yemeni rebels last week. The missile attack on

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A quarter of global chief executives expect the deployment of generative artificial intelligence to lead to headcount reductions of at least 5 per cent this year, according to a survey unveiled as world and business

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Davos Man” and “Davos Woman” do not strut quite so confidently these days. The conference-attending tribe were identified by the political scientist Samuel Huntingdon in 2004 as a global elite who “have little need for

1/15/2024, 4:49:37 PM Nikki Haley and Ron DeSantis compete for second place Oliver Roeder in New York The most competitive race in Iowa tonight is the Republican battle for second place, according to pre-election polling. Donald Trump has maintained a remarkably large and stable lead in surveys, of some 30 points or more, over a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Indian prime minister recently published some pictures of himself lounging beachside that prompted a surge of online support, a diplomatic incident and the suspension of three government officials in the country’s tiny neighbour, the

Stay informed with free updates Simply sign up to the German economy myFT Digest — delivered directly to your inbox. German output contracted 0.3 per cent last year as high inflation, rising interest rates and elevated energy costs made Europe’s largest economy one of the weakest performers in the world, according to an initial estimate

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine said it had shot down two Russian spy planes over the Sea of Azov region, dealing a significant blow to Moscow’s air power. “Soldiers of the Air Force of the Armed Forces of

Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. Xi Jinping thinks that history is moving his way. Visiting Vladimir Putin in Moscow last March, China’s leader told the Russian president: “Right now, we’re seeing a change unseen in 100 years and we’re driving this

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An Israeli footballer playing in Turkey was detained by the authorities and suspended by his club after paying tribute to the victims of the October 7 attack during a weekend match, sparking a furious response

Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Bill Ackman has threatened legal action against German media group Axel Springer and its US-based Business Insider financial news site in an escalation of a bitter fight over plagiarism claims against the hedge fund boss’s wife.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s impulsive $44bn purchase of X, formerly known as Twitter, has resulted in an advertiser exodus, negative cash flow, heavy debt burden and, in one investor’s case, a 71.5 per cent devaluation. Plans to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Maldives has given India until mid-March to withdraw its troops from the archipelago nation, as its new pro-China president draws closer to Beijing. The notice follows a five-day visit by Mohamed Muizzu to China

A derelict former gasworks near the centre of fast-growing Coventry, home to carmaker Jaguar Land Rover, seemed an ideal spot for redevelopment. A local planning inspector certainly thought so when he recently approved plans to build 700 homes on the site. But the decision last October came only after several years of negotiations, two refusals

Donald Trump was forced to cancel all but one of his planned rallies in Iowa this weekend after a brutal winter storm ripped through the Midwestern state, bringing strong winds and record low temperatures. But when the former president appeared before a standing-room-only crowd at Simpson College, a small undergraduate school in Indianola, Iowa, on

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Global leaders need a co-ordinated response to the challenges posed by AI, the chair of the world’s banking watchdog said, as he warned that the fast-developing technology “could change the course of history, not necessarily

Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. Tether, one of the world’s largest cryptocurrency platforms, has emerged as one of the leading payment methods for money launderers and fraudsters operating in south-east Asia, the UN has warned.  According to a report published on

Stay informed with free updates Simply sign up to the US trade myFT Digest — delivered directly to your inbox. Trade policy is where the rubber meets the road between Joe Biden’s two favourite interest groups — American workers and American allies. Consider the recent statement about Japanese giant Nippon Steel’s bid for US Steel

In October last year, Boeing chief executive Dave Calhoun said the US plane maker was focusing on improving the quality of its aircraft. The company, he told analysts, had in recent years “added rigour” to its “quality processes”. “We’ve worked hard to instil a culture of speaking up and transparently bringing forward any issue, no

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government will change the law to protect the litigation funding sector that allowed hundreds of sub-postmasters to take the Post Office to court in the Horizon IT scandal, the justice secretary has said.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the past year, a quiet but important change has taken place in the way Wall Street’s biggest banks take Chinese companies public. When they warn investors about risks, they are being more careful not