Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BGC Partners has reached a settlement with a former senior partner following allegations that he took part in a $35mn scheme to defraud the broker. The New York-based broker, led by billionaire Howard Lutnick, had
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The UK is burdened with significantly higher construction costs than European peers, according to research that lays bare the challenge of upgrading British roads, bridges and energy systems at a time of tight public finances. Infrastructure project costs are much higher in the UK than in France, Germany and Spain, according to early findings from
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Goldman Sachs’ Jim Esposito, one of chief executive David Solomon’s top lieutenants, is leaving the Wall Street firm in a surprise departure. Solomon told staff in a memo on Monday that 56-year-old Esposito, known to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Download crossword FT.com will bring you the crossword from Monday to Saturday as well as the Weekend FT Polymath. Interactive crosswords on the FT app Subscribers can now solve the FT’s Daily Cryptic, Polymath and
North Korea’s giant concrete “Arch of Reunification” depicted two women in traditional dress leaning towards each other to hold up an image of a united Korean peninsula. But a week after North Korean leader Kim Jong Un described the 30m-tall monument as an “eyesore”, it was gone — a demolition that drove home his renunciation
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kenya’s high court has blocked a police deployment to Haiti, delivering a significant blow to the prospects of a multinational force being deployed to quell rampant gang violence in the Caribbean nation. Nairobi had pledged
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK competition regulator has launched a formal probe into the planned merger of Vodafone’s domestic operations with CK Hutchison’s Three UK, which is expected to create Britain’s largest mobile operator. On Friday, the Competition
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government’s top migration adviser has accused ministers of taking a “do as I say, not as I do attitude” by forcing the private sector to pay high wages for skilled workers, while allowing
In urging that Boeing should focus 100 per cent on quality and safety, with financial targets taking a back seat, Aengus Kelly, chief executive of the world’s largest aircraft leasing company AerCap, is offering sage advice to the embattled aerospace manufacturer (Interview, January 19). In that regard, the board and senior executives of Boeing might
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The Federal Trade Commission has launched an inquiry into the partnerships between Big Tech cloud providers and generative AI companies, targeting the likes of Amazon, Microsoft and OpenAI with demands for more information about their
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The biggest US renewable energy developer has expressed confidence that Republicans would not follow through on threats to rip up the Inflation Reduction Act if they win this year’s election, as the company reported record
This is an audio transcript of the FT News Briefing podcast episode: ‘There’s active interest in passive funds’ Marc Filippino Good morning from the Financial Times. Today is Thursday, January 25th and this is your FT News Briefing. [MUSIC PLAYING] Boeing just got hit with another setback. France is asking the UK to bail out
Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. A proposed shake-up of the UK’s pension market to give millions of workers the right to choose a retirement “pot for life” risks leaving savers worse off, industry leaders and unions have warned. In last
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HM Revenue & Customs is likely to receive a “windfall” from taxpayers who miss the tax return filing deadline, due to late payment interest rates hitting their highest level in 16 years. HMRC charges a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. You can go far with a voice like Dave Gahan’s, even though you can’t do much with it. The Depeche Mode singer is an imposing baritone who inhabits his limited vocal range as though master
Your browser does not support playing this file but you can still download the MP3 file to play locally. An inverted yield curve is sending jitters across the US economy, Japanese IT conglomerate Fujitsu is in hot water over its involvement in the UK Post Office scandal, and new details have emerged over how the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Passengers faced widespread travel disruption across the UK on Monday after a fierce storm brought heavy rain and winds of over 90mph to some parts of the country. Train services were hit, with the network
Stay informed with free updates Simply sign up to the Hedge funds myFT Digest — delivered directly to your inbox. The world’s most successful hedge funds made their biggest profits on record last year as punchy bets on stock markets paid off when share prices surged. The top 20 managers made profits for investors of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A scion of one of Pakistan’s leading political families has warned that the country cannot afford further delay to an election set for next month as it struggles with a protracted economic crisis and increasingly
Stay informed with free updates Simply sign up to the Investments myFT Digest — delivered directly to your inbox. BUY: Safestore (SAFE) The self-storage landlord secures another year of growth by most metrics, writes Mitchell Labiak. When you look at what it cannot control, Safestore had a troublesome year. But when you look at what
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