Andrew Forrest, billionaire founder and executive chair of Fortescue, Australia’s third-largest mining company, turned up at the group’s 20-year anniversary party on a mining truck, waving a company flag as AC/DC’s Thunderstruck blared out of speakers. Celebrations carried on into the night as 700 guests, who were flown to the company’s Solomon mine in the
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Rishi Sunak and Narendra Modi have injected greater impetus into UK-India trade negotiations, instructing ministers and officials to work “at pace” to secure a deal. The UK prime minister and his Indian counterpart exhibited strikingly warm chemistry when they met on the margins of the G20 summit in New Delhi on Saturday, embracing each other
The US House of Representatives China committee plans to hold a Taiwan war game with financial and business executives in New York on Monday, in an effort to raise awareness about the risks attached to Americans investing in China. Mike Gallagher, the Republican head of the panel, and Raja Krishnamoorthi, its top Democrat, will lead
Hello and welcome to the latest edition of the FT’s Cryptofinance newsletter. This week, we’re taking a look at venture capital stepping into crypto. Venture capital can be fickle and chase trends as voraciously as any social media influencer but it is not done with crypto yet. Its role in the bubble of 2020-22 is
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amgen has reached an agreement with the US antitrust regulator that allows the drugmaker to press ahead with its $28bn acquisition of Horizon Therapeutics. The settlement resolves the Federal Trade Commission’s first challenge to a
The US should use its leadership in semiconductors as a “chokepoint” to enforce minimum global standards for the use of artificial intelligence, according to the head of one of the country’s most ambitious AI start-ups. Mustafa Suleyman, chief executive of Inflection and a co-founder of DeepMind, told the Financial Times in an interview that Washington
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well
At the height of its tech boom, Estonia — birthplace of Bolt and Skype — was home to so many start-ups that it acquired the nickname “unicorn land”, referring to companies valued at more than $1bn. But after almost two decades of a prospering start-up sector, locals and expats who have flocked to Tallinn say
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Former BBC and New York Times head Mark Thompson has been appointed chief executive of CNN, as the troubled cable news channel seeks to turn round its business after a rocky year and a half. Thompson,
The hottest thing in fashion? Old clothes. There are myriad reasons to shop second-hand: buying what’s already out there is not only better for the planet, but also opens up a world of design choices beyond the current season’s trends. You might also unearth unexpected and better-made pieces, if you know where to look. But
The UK government has confirmed a fifth delay to the implementation of its post-Brexit border controls on food and fresh products, as ministers admitted the new regime on EU imports would push up prices. The Cabinet Office said on Tuesday that the government’s plans were likely to have an impact on headline inflation, although it
By Juliette Byrne I have always loved dogs and I have a lot of experience — both as a dog-owner and a designer — in creating spaces for our furry friends that are also elegant and attractive to humans. This sleek and sophisticated five-bedroom duplex apartment on London’s Cadogan Square — currently on the market
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If The Strokes were frustrated by sound issues at All Points East on Friday, you couldn’t tell. The kings of New York indie remain heroically wedded to the blurry nonchalance of their 2001 debut album
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I am currently engaged in my favourite pastime – watching someone else bake a cake that I get to eat. Harrods’ head pastry chef Philip Khoury is making his two-tone chocolate cake, a recipe using simple
Your excellent editorial “The US and Iran look for de-escalation” (FT View, August 17) needs further elaboration. The Islamic Revolution of 1979 took place, most Iranians and historians say, as a consequence of the death of Iranian democracy in August 1953. That regime had been led by national heroes Mohammad Mossadegh and Hossein Fatemi, my
It seems like just yesterday I was writing about the beginning of summer and here we are getting ready to end vacations, some of us already putting kids back to school, and starting to shift our mindsets to fall calendars. I spent most of my summer away from New York, at times caught between the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. People burning the Koran or other religious books in Denmark could face up to two years in prison, under government plans aimed at defusing a crisis with Muslim countries that has led to an increased
Donald Trump has surrendered to authorities in Atlanta, Georgia, where he faces 13 criminal charges over alleged attempts to subvert the results of the 2020 presidential election. The 77-year-old, who is the clear frontrunner in the race to again become the Republican candidate for the White House, was booked in Fulton County and photographed, before
The writer is the director of Carnegie Russia Eurasia Center in Berlin The meteoric rise to global prominence of Yevgeny Prigozhin, the notorious leader of the Wagner mercenary group, both peaked and came to a fiery end on August 23 when a private jet used by him and other senior Wagner figures, including its military
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