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David Potts is to step down after nine years in charge of Morrisons © Free for editorial use Morrisons chief David Potts is standing down after nine years at the helm of one of the UK’s largest supermarket chains. He will be replaced next month by Rami Baitiéh, previously the chief executive of Carrefour France.
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This is not a great year to be in the business of insuring satellites and rockets. In recent months, the California-based Viasat has announced malfunctions in two of its most eagerly anticipated satellites: Viasat-3, which
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief economist at German bank LBBW Little can increase a government’s financing needs like a war. Unsurprisingly, Ukraine’s public finances are just one of the countless victims of the past 18 months.
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Three-fifths of urban populations will be aged under 18 years by 2030. Yet policies to engage with young people in guiding their education, employment, quality of life, and wellbeing remain limited. Renewed efforts are underway using innovative strategies to work with young people in shaping the future of their cities. As cities around the world
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This is an audio transcript of the FT News Briefing podcast episode: ‘#MeToo’s mark on industry’ Marc FilippinoGood morning from the Financial Times. Today is Tuesday, September 26th, and this is your FT News Briefing. It has been six years since the #MeToo movement began. Powerful men were held accountable after women began telling their
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The announcement that the UK government will be watering down some of its net zero policies is a huge setback for manufacturers, who have put transition to net zero at the forefront of their business priorities (Report, September 21). Manufacturers require stability and confidence in order to invest. Many companies will have spent time and
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French billionaire Xavier Niel has bought Czech energy tycoon Daniel Křetínský out of his stake in Le Monde, in a move that will advance Niel’s longstanding plan to put ownership of the newspaper in a
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It won’t surprise anyone reading FT Alphaville that bank trading desks have evolved a fair bit over the past decade. The most obvious aspect is how broker-dealers have basically stopped being the latter. Bank prop
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Craig Coben is a former global head of equity capital markets at Bank of America and now a managing director at Seda Experts. When asked in 1972 about the effect of the French Revolution, Chinese
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Adidas chief executive Bjørn Gulden has defended controversial rapper and fashion designer Kanye West over antisemitic remarks that his employer previously described as “unacceptable, hateful and dangerous”. “I don’t think he meant what he said,”
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