Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. “Things can only get better” felt like the anthem for the 1990s. Released in 1993, four years after the fall of the Berlin wall, the song was the perfect soundtrack for a decade in which apartheid
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut is in talks to move its headquarters to one of Canary Wharf’s most prominent buildings, in what would be a vote of confidence for the London business district as it contends with higher vacancy
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a 27-year-old film student and dual Israeli-German citizen who lives in Tel Aviv Amid the searing losses borne by an entire country after Hamas terrorists invaded southern Israel, massacring some 1,400 Israelis
Loyal customers of Israel’s Atlas Hotels recently received an unusual email — a desperate plea for donations to save the company from collapse. Atlas has opened its 16 boutique hotels to 1,000 evacuees displaced after Hamas’s deadly rampage through southern Israel on October 7. When the government failed to defray the cost, it started a
Stay informed with free updates Simply sign up to the Russian business & finance myFT Digest — delivered directly to your inbox. More than 100 UK companies have admitted breaching British sanctions against Russia since Moscow’s full-scale invasion of Ukraine last year, official data shows. A total of 127 companies had voluntarily disclosed sanctions violations
The cryptocurrency community is excited about the Hong Kong government reportedly weighing the launch of a spot cryptocurrency exchange-traded fund (ETF) amid the ongoing regulatory pushback against such products in the United States. Hong Kong’s potential entrance into spot crypto ETFs could be a significant development in the context of the economic confrontation between the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. The King’s Speech is coming and it will
Bitcoin (BTC) begins the second week of November still holding strong near 18-month highs — where might BTC price moves head next? The largest cryptocurrency has fought off sell pressure to seal another impressive weekly close. In what analysis is increasingly describing as a change in sentiment, Bitcoin and altcoins alike are refusing to retrace
Enthusiasm surrounding a possible spot Bitcoin (BTC) exchange traded fund (ETF) isn’t just driving up the price of Bitcoin — it’s also sparked a resurgence of enthusiasm for blockchain games, says Animoca Brands founder Yat Siu. Speaking to Cointelegraph at Hong Kong Fintech Week, Siu said the price increases of many cryptocurrencies reignited investor confidence
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Artificial intelligence has been at the centre of the global conversation in recent days, with a major summit in the UK and a new executive order coming down from the White House. Much of the
The US economy may be growing much faster than pessimists had predicted, but business is still brisk for bankruptcy lawyers. “Things have really accelerated,” says Thomas Lauria, global head of restructuring at White & Case. His team is on track for record-breaking revenues this year. Meanwhile hedge funds are spying opportunities ahead as companies are forced
An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi or Celsius as its returns come from proof-of-work, not “ponzi schemes,” claims the product’s creator Bitcoin mining firm Luxor Technology. The legitimacy of Luxor’s hashrate-backed product was highlighted in an Oct. 17 What Bitcoin
Novo Nordisk, Europe’s most valuable drugmaker, will accelerate its US expansion at the expense of the EU unless Brussels changes a plan to reform regulation of the industry, the company’s chief executive has said. Lars Fruergaard Jørgensen said much of the Danish company’s research was now done in Boston and “the journey of expanding in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. New legislation to mandate annual North Sea oil and gas licensing rounds will be at the heart of the King’s Speech on Tuesday, as Rishi Sunak looks to exploit a key policy divide with Labour
Stay informed with free updates Simply sign up to the Management consulting myFT Digest — delivered directly to your inbox. The world’s most prestigious consulting firms have frozen US starting salaries for new graduates, as a war for talent that sent pay soaring after the pandemic gives way to tougher competition for jobs. McKinsey and
Decades before he orchestrated the October 7 attacks by Hamas on Israel, Yahya Sinwar was jailed by an Israeli military tribunal for multiple murders. His response: to study Hebrew. “[Vladimir] Jabotinsky and [Menachem] Begin and [Yitzhak] Rabin — he read all the books that came out about prominent Israeli figures,” said Micha Kobi, who interrogated
Blockchain-based startups continue to gather funding during the current bear market, with MetaMask partner Blockaid raising $33 million in October. However, the overall funding in the crypto industry has dropped to levels last seen in 2020, amassing $2.1 billion over 297 deals in the third quarter of 2023, as reported by Messari. As is often
A recent attack compromised Monero’s community crowdfunding wallet, wiping out its entire balance of 2,675.73 Monero (XMR), worth nearly $460,000. The incident took place on Sept. 1 but was only disclosed on GitHub on Nov. 2 by Monero’s developer Luigi. According to him, the source of the breach has not been identified yet. “The CCS
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two polls on Sunday showed Joe Biden trailing Donald Trump as concerns over the economy and splits within the Democratic party over the Israel-Hamas war drag down the US president’s 2024 re-election prospects. A New
Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. US asset managers are launching their second wave of job cuts this year, with Charles Schwab, Prudential and Invesco each announcing cost controls amid a flight of customers into safer investments with lower fees. Schwab
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. You could call it “the cult of the small”, the idea that small enterprises and smallholder farmers are the backbone of poor economies, the key to social resilience and the best hope for eliminating poverty. You