Today In The Markets

President Emmanuel Macron has selected one of his earliest allies, the centrist politician François Bayrou, as prime minister in a bid to stabilise the political turmoil in France that has bogged down his second term. The 73-year-old’s appointment came after a nearly two-hour long meeting at the Élysée Palace, which was said to be tense

Outgoing President Joe Biden granted 39 pardons and commuted the sentences of roughly 1,500 federal offenders serving the remainder of their sentences on home confinement today. The orders came under intense pressure from a coalition of civil rights, criminal justice, and religious groups urging Biden to use his clemency power to grant relief to several

Israeli forces are continuing a large-scale bombing campaign of Syrian targets following the ouster of Bashar al-Assad, attacking the Port of Latakia and a weapons storehouse in Tartus. Israeli troops have pushed deeper into the occupied Golan Heights and a demilitarized buffer zone established by the United Nations a half-century ago.

In northern Syria’s Latakia region, opposition fighters set fire to the tomb of Hafez al-Assad, Syria’s longtime authoritarian leader and father of ousted President Bashar al-Assad.

Stanley, the brand name whose cups became a cultural phenomenon in recent years thanks to the viral trend on TikTok, is recalling 2.6 million mugs due to dozens of people suffering burn injuries caused by a defect in the lid. The federal government announced on Thursday that Stanley was recalling 2.6 million of its 12-

Outgoing President Joe Biden granted 39 pardons and commuted the sentences of roughly 1,500 federal offenders serving the remainder of their sentences on home confinement today. The orders came under intense pressure from a coalition of civil rights, criminal justice, and religious groups urging Biden to use his clemency power to grant relief to several

Israeli forces are continuing a large-scale bombing campaign of Syrian targets following the ouster of Bashar al-Assad, attacking the Port of Latakia and a weapons storehouse in Tartus. Israeli troops have pushed deeper into the occupied Golan Heights and a demilitarized buffer zone established by the United Nations a half-century ago.

In northern Syria’s Latakia region, opposition fighters set fire to the tomb of Hafez al-Assad, Syria’s longtime authoritarian leader and father of ousted President Bashar al-Assad.

Stanley, the brand name whose cups became a cultural phenomenon in recent years thanks to the viral trend on TikTok, is recalling 2.6 million mugs due to dozens of people suffering burn injuries caused by a defect in the lid. The federal government announced on Thursday that Stanley was recalling 2.6 million of its 12-

The politician waiting in a little nook of the higgledy-piggledy restaurant, a former fisherman’s cottage on the Atlantic coast just north of Cape Town, is known as South Africa’s “Iron Lady”. But the outfit Helen Zille is wearing, a flowery dress and a wide-brimmed sun hat with a chinstrap, makes her look more like Bo

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Citadel has poached a second London-based portfolio manager from rival Elliott Investment Management, suggesting Ken Griffin’s hedge fund is looking to adopt activist tactics. Pawel Serej, who left Elliott in the summer, is joining $65bn

This article is part of the FT’s Financial Literacy and Inclusion Campaign joint seasonal appeal with Magic Breakfast I’ve been getting into the Christmas spirit this week, and thought the holidays would be the perfect time to introduce my twin nephews to the joys of Monopoly. I fondly remember the marathon games of my childhood,

What on earth will happen to US economic policy when Donald Trump becomes president? That question is already sparking widespread concern. And even the supposedly smart money seems unsure of the answer. This week, for instance, the hedge fund Bridgewater told clients that Trump’s “nominations and rhetoric so far appear to suggest he will try

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€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy unexpectedly shrank 0.1 per cent in October, the second contraction in a row, in a blow to the Labour government’s economic agenda. The monthly change in GDP published on Friday by the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water should be “put out of its misery” and renationalised, according to the deputy leader of Reform UK, in a sign that the backlash against water privatisation has become an increasingly populist issue. Richard