Sacai wool jumper, €640. Louis Vuitton velvet trousers, £2,800, and leather clutch, £2,750. Botter cotton cap, €175. Manolo Blahnik patent-leather shoes, €725. Dinh Van gold necklace, €9,200, gold bracelets (worn as necklace), €5,950 each, and white-gold and diamond ring, POA. Yoga mat, photographer’s own. Water bottle, stylist’s own Bottega Veneta wool jacket and wool jacquard dress, both
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Shares in Japan’s Dai Nippon Printing soared on Friday by their biggest-ever margin after the company appeared to bow to pressure from activist investor Elliott Management by announcing a record share buyback. A surge of as much as 18 per cent took shares in the 146-year-old printing and high-tech conglomerate to their highest level since
The writer is an investment director at GAM The dollar rise over the past year has inspired a lot of hopeful thinking in emerging markets about reducing their dependence on the currency and sensitivity to the tides of US rates. The Federal Reserve hiking cycle of 2022 emphasised how tightly international monetary conditions are linked
The writer is international policy director at Stanford University’s Cyber Policy Center Almost 100,000 people have been fired from technology companies in the US so far in 2023. They came to the office only to find out their badges were disabled or their inboxes inaccessible. For those individuals involved, being caught in a historic wave
In January, I walked up the front steps of a single-storey, grey-shingled house in a neighbourhood on the fringe of Stanford University. The moment I pressed the video doorbell, I heard Sam Bankman-Fried’s voice calling from inside. “I’ll get it!” His father got to the door first. Joe Bankman and Barbara Fried, both professors, welcomed
Raising money on Wall Street has become cheaper and easier despite the Federal Reserve lifting interest rates to the highest level in 15 years, suggesting an ongoing and deep disconnect between investors and central bank officials. Measures of financial conditions — the ease with which companies can access funding — have tumbled in recent months,
The inventor of the silicon technology that dominates solar power predicts that combining other materials with the silicon may boost the efficiency of photovoltaic cells from around 25 per cent today to more than 40 per cent. Martin Green, an engineer and professor of the University of New South Wales, who invented the technology that
Britain’s coins have been tested for their metallic composition, weight and size in the country’s oldest judicial process called the Trial of the Pyx, which carries the maximum punishment of imprisonment for the chancellor if the coinage is found to be of poor quality. Officials from the Royal Mint on Tuesday brought close to 10,000
The devastating earthquakes that struck Turkey and neighbouring Syria with tragic force were centred on one of the world’s most seismically active — and politically turbulent — regions. Strain accumulated over decades as Earth’s slow-moving tectonic plates pushed against one another was released in a few seconds, causing violent vibrations as rock masses suddenly overcame
Joe Biden was relishing the moment on Friday evening, when, to a cheering crowd of Democrats at a hotel in downtown Philadelphia, he listed some of the highlights of his presidency. On the midterm elections: “A giant red wave? Well, guess what? It never happened.” About the economy: “We created more new jobs in two
I have long been a supporter of taxing land value. Such a tax would be economically efficient and morally just. But it has been politically impossible: the landowning interest, which now includes a large part of the population as owner-occupiers, has been too strong. This is a tragedy. Now that western politicians are struggling with
Chris Jackson moves slowly through clusters of people on the promenade in front of Jane’s Carousel, the iconic merry-go-round by the East River waterfront in Brooklyn. He is tall and sinewy with a salt-and-pepper beard and closely cropped hair. His hands are tucked deep in the front pockets of his blue jeans, a pair of
A few days before I am to meet one of the world’s sporting gods, his latest impromptu homily lights up his homeland’s social media feeds. Introducing himself as “a dad and a husband”, he touches on the power cuts and the unemployment blighting his country before closing with a call for sport to give people
The writer is head of emerging markets economics at Citi Are all Chinese economic recoveries, like Tolstoy’s happy families, alike? Many observers these days seem to think so. The recent boom in metals prices, for example, reflects a confidence in the market that this year’s acceleration in China’s growth rate will cast the same benign
Technical fabrics and athleisure might dominate everyday wardrobes, but the ancient art of tapestry — or at least the appearance — is providing a foil to utilitarianism. At the Paris shows in September, tapestry effects appeared on floral suits in the spring collections of Paco Rabanne and Dries Van Noten, and on baseball shirts at
I appreciated Patrick McGee’s series on Apple’s exposure to its Chinese integrated supply chain (The Big Read, January 19) However, I’ve noticed that the media’s risk analysis for Apple, and similar companies, seems to focus on potential future trade and manufacturing embargoes instigated from the US. This is a rather lopsided view which takes for
Spotify has a podcast problem. At the height of the boom in podcasts, it appeared the company had found a big shiny object to dazzle Wall Street with. In 2019, founder Daniel Ek declared that audio — not just music — was the future of his company with podcasts central to the strategy. Podcasting had
The French advertising group Publicis forecasts growth throughout 2023 despite a volatile economic backdrop after increasing its revenues by a fifth last year. The world’s third-largest advertising group by revenues rebounded from the damage wrought by the pandemic and several years of transition as it grappled with integrating two large acquisitions to deliver double-digit revenues
The UK has set out a sweeping new regulatory regime for the cryptocurrency industry that aims to bring the rules governing the issuance, trading and lending of crypto tokens closely into line with those for traditional financial assets such as stocks and bonds. The proposals to “robustly” regulate the sector, which are subject to a
This is an audio transcript of the FT News Briefing podcast episode: ‘Do meme stonks still stink?’ Marc FilippinoGood morning from the Financial Times. Today is Wednesday, February 1st, and this is your FT News Briefing. [MUSIC PLAYING] Britain is braced for its biggest strikes in 11 years. Brussels is out with a plan to
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