Portugal’s central bank governor Mário Centeno is facing an ethics review by an independent watchdog after he was proposed as the next prime minister by outgoing Socialist premier António Costa, who quit last week over a corruption scandal. Costa, who resigned hours after a number of arrests and police raids in a probe over alleged
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak is set to declare this week that his promise to halve inflation has been met, contributing to a more positive economic backdrop to the Autumn Statement on November 22. The Bank of England
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s investment screening powers are to be pared back to make them “more business friendly”, the deputy prime minister has said, less than two years after they were introduced. Oliver Dowden will launch a
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. On his final earnings call as chief executive of gene sequencing company Illumina, Francis deSouza did his best to stay positive. A contentious $8bn takeover of cancer screening business Grail had prompted a campaign by
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Most of the UK government’s plans to overhaul the supervision of anti-money laundering rules would be counter-productive and damaging to the fight against dirty money, accounting bodies have warned. In a letter to Lords Treasury
Bitcoin (BTC) is on target to end the week with gains of about 6%, indicating continued demand from the bulls. MicroStrategy co-founder Michael Saylor said during a speech at the 2023 Australia Crypto Convention on Nov. 10 that Bitcoin’s demand on a monthly basis could surge between two to 10 times by the end of
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. This article is an on-site version of our The Week Ahead newsletter. Sign up here to get the newsletter sent straight to your inbox every Sunday Hello and welcome to the working week. It is
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tens of thousands of protesters took to the streets across Spain on Sunday to condemn Pedro Sánchez as anger mounts over the acting prime minister’s plan to offer an amnesty to Catalan separatists in order
Bitcoin (BTC) will “most likely” see a serious price drawdown before a key date for institutional investors dawns, says gold bug Peter Schiff. In recent X activity, the longtime Bitcoin skeptic sounded the alarm over recent BTC price gains. Schiff bets on a BTC price “crash” before ETF launches Bitcoin is a favoirte topic of
In this article CYB-FF NOW AMZN AAPL Follow your favorite stocksCREATE FREE ACCOUNT A man check his phone near an Apple logo outside its store in Shanghai, China September 13, 2023. Aly Song | Reuters Companies are feeling the ill effects of dampening consumer demand in a range of sectors, but select names are confident
In this article ITA XAR Follow your favorite stocksCREATE FREE ACCOUNT An F-15E fighter aircraft can carry seven groups of four StormBreaker bombs. Source: Raytheon As the war between Israel and the Hamas militant group ramped up last month, Kenneth Suna took to his investing-focused TikTok account. Suna began a video asking his more than
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iceland declared a state of emergency after earthquakes raised fears that a volcanic eruption will damage residential areas in the Nordic country for the first time in 50 years. Iceland evacuated all 4,000 residents the
Stay informed with free updates Simply sign up to the Technology myFT Digest — delivered directly to your inbox. There has been much talk about the importance of free speech in recent weeks — and for understandable reasons: having the freedom to speak out without fear of punishment or censorship is tested in times of
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. The head of Britain’s media regulator, Ofcom, has said the government should look again at how the BBC is funded, and called for the national broadcaster to strengthen its governance and complaints mechanisms. Michael Grade, who
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A top UN official has condemned attacks on hospitals in Gaza as “unconscionable” and “reprehensible”, as Israeli forces battled Hamas militants in the streets around the besieged strip’s largest medical facility. Martin Griffiths, the UN’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Suella Braverman, home secretary, is facing Labour calls to quit or be sacked after violent clashes between police and rightwing groups erupted on the streets of central London as Britain remembered its war dead. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors are shaking up the venture capital market by raising money to buy out start-ups that have been shunned by venture capitalists, taking advantage of economic headwinds to acquire promising companies at a discount. In
The US is directly targeting Russia’s ability to export liquefied natural gas for the first time, in a move that could cause disruptions in global energy markets that Washington has so far been keen to avoid. European countries continued importing Russian LNG even after Moscow’s full-scale invasion of Ukraine last year, which triggered an energy
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. No country has joined the EU since Croatia in 2013. But to judge from the recommendations last Wednesday of the European Commission, there is genuinely new momentum behind the once-stalled project of EU enlargement. Brussels
If he closes his eyes, Daoud Mohammad Naser can still hear the wind whistling through the olive trees that sheltered him during his flight from mandate-era Palestine 75 years ago. Just six years old during the 1948 Arab-Israeli war — which led to the mass displacement and dispossession of some 700,000 Palestinians, according to the
As their yacht bobbed on the Mediterranean in July 2021, Marc Rocchi snapped a picture of the slightly doughy Russian man in baggy swimming trunks, dozing with his head propped against the helm. The French businessman would later say that he only knew the Russian by his first name, Maxim. But he knew the purchases