Today In The Markets

When Dave Calhoun took over as Boeing’s chief executive in January 2020, the company was in crisis. Four years later, with his expected successor starting her role as chief operating officer on January 1, the plane maker is in better shape but the fallout from that crisis — and the pandemic that followed — still

For two months, 65-year-old businessman Osama Amro was too nervous to leave the city of Ramallah, the economic heart of the occupied West Bank. In response to Hamas’s deadly October 7 attack, Israel has accompanied its siege of Gaza with a blockade of a different kind in the West Bank — shutting checkpoints between Palestinian

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. (noun) a date that has become so significant because of the killing and destruction associated with it that it needs no elaboration Hours after the dawn raid by Hamas on southern Israel, experts were describing

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US law firms are ending 2023 with pay rises and bonuses as they try to compete with rivals in spite of a slump in demand, though some lawyers face a cut to payouts if they

Record inflows into US money market funds in 2023 have triggered a multibillion-dollar fee bonanza for the asset management industry, which for years treated the product as a loss-leader. US money market fund providers – such as Fidelity, Vanguard and Charles Schwab – collectively earned $7.6bn in fees in 2023 as assets passed $6.3tn, according

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia has accused Ukrainian forces of launching a deadly attack on a border city just a day after Moscow mounted one of the largest aerial strikes on its neighbour since the start of the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fifa has abruptly suspended new global regulations for football agents on the eve of the January transfer window, in the latest legal reverse for an international sporting organisation. Football’s global governing body unveiled new rules

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thousands of travellers faced severe disruption on Saturday after Eurostar cancelled all rail services linking the UK with continental Europe because of flooding.  The cross-channel train operator said it had scrapped journeys from London to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Silicon Valley’s search for a consumer device to succeed the smartphone has revived an idea that crashed and burnt almost a decade ago: Google Glass-style headsets. The difference this time is that the new wave

Stay informed with free updates Simply sign up to the Airlines myFT Digest — delivered directly to your inbox. The runaway rise in air fares driven by the sharp rebound in post-pandemic travel demand slowed in 2023, but travellers still face prices well above 2019 levels on many of the world’s most popular routes. Average

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The key to breaking my dependency was not detox, or fears about the impact on my brain, but making the substance a bit rubbish. So thank you, Elon Musk, for stepping in when my willpower

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nikki Haley and groups supporting her have spent twice as much as her rivals on advertising in recent weeks, as the former South Carolina governor seeks a knockout blow in the early-voting states to become

The writer is the author of ‘Extra Time: 10 Lessons for Living Longer Better’ This year, a Christmas card arrived from an old friend telling us she’s had a bit-part on TV. Formerly a teacher, she enrolled in drama school in her fifties, which didn’t augur well. Her parents had warned her against taking such

The Financial Times’s team of crystal ball gazers had their best year for a while in 2023, with only three wrong answers — though we got these pretty wrong. The S&P 500 did not fall by more than 10 per cent, but climbed over 20 per cent (though driven mostly by just seven tech stocks).

When my father turned 90, he bought himself a manual lawnmower. He had decided that his reliable Flymo was not giving him enough of a workout, and that he needed a bit more resistance. At the time, we thought that it would be just another contraption that would soon be on its way to the

Sir Sajid Javid, the former cabinet minister whose decision to quit Boris Johnson’s government triggered a wave of resignations that ultimately led to the then prime minister stepping down, has received a knighthood in the New Year honours. The MP for Bromsgrove, who served Johnson as chancellor and later as health minister before quitting in

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Liz Truss, who was UK prime minister for just 49 days, has appointed three political allies to the House of Lords as she exercised a longstanding convention for former premiers to confer peerages and honours

Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. Earlier this month, Barbara Furlow-Smiles pleaded guilty to criminal charges that she embezzled some $4mn from Facebook while serving as a top diversity executive at the tech company. That tawdry episode seemed a fitting

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Every large smartphone maker except Apple is betting that “foldable” phones will help revive a lacklustre mobile market, despite the devices still largely failing to attract mainstream consumers. Foldables, which have a screen that opens

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Emerging market stock indices have underperformed the broad equity rally this year. They’ve lagged behind not only American, Japanese and continental European equities, but even UK stocks. In sterling terms they’ve barely broken even. With