News

The Financial Times Editorial Board (“The pitfalls of seizing Russian assets to fund Ukraine”, FT View, December 22) argues that “the west’s response must be seen to be legally irreproachable” when potentially confiscating Russian sovereign funds. Unfortunately, what the FT is demanding is unattainable given the urgent need to fund Ukraine’s war of self-defence. If

Paul Keres (1916-1975) was my chess hero in my distant youth. The elegant Estonian, who triumphed at Avro 1938 in a historic tournament of the world top eight, played in a classical style with tactical bursts and was widely viewed as the likely successor as champion to the ageing Alexander Alekhine. Then came the second world

February 23: PM Sunak in attempt to renegotiate Northern Ireland Protocol © Banx Rishi Sunak held hostage by Tory ‘malcontents’ on Northern Ireland, says Labour March 24: Inflation hits food prices  © Banx UK inflation jump and banking tumult complicate Bank of England rate decision April 6: Saudi Arabia cuts oil production © Banx Oil

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A veteran German asset manager has blamed Volkswagen’s “flawed” corporate governance for its share price underperformance and criticised its controlling shareholders for failing to address the issue. “Ever since the diesel scandal, the flaws [in

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Clinton-era political adviser once fantasised about being reincarnated as the all-powerful bond market. Thirty years on, the fixed income world has, at times, seemed more intimidating than ever. The benchmark 10-year Treasury yield climbed

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US has said Iran has been “deeply involved” in planning Houthi attacks on commercial vessels transiting the Red Sea and warned Tehran of a possible response amid the increased threat to shipping through a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in China’s biggest online gaming companies recorded substantial losses on Friday after Beijing fired a volley of new measures to tighten control of the world’s largest gaming market. In a set of proposed guidelines,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government has said its plans to increase the salary threshold needed to sponsor a loved one for a visa will begin with a jump to £29,000, after a widespread backlash to proposals to

One thing to start: Warner Bros Discovery and Paramount Global are in early talks to merge, in a media deal that would combine the owner of HBO and CNN with the studio behind the Mission Impossible films and CBS News. David Zaslav, chief executive of Warner Bros Discovery © Bloomberg Welcome to Due Diligence, your

This article is an on-site version of our Moral Money newsletter. Sign up here to get the newsletter sent straight to your inbox. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Debates about responsible investing often come down to simple choices about timeframes. Is it

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Silicon Valley doomers worry that generative artificial intelligence will supercharge global risk. OpenAI rival Anthropic positions itself as an ultra-safe, responsible AI start-up. That does not mean it will escape regulator scrutiny. Anthropic is run

When a hulking container ship was 23 minutes away from crashing into the Cleeton natural gas platform in the North Sea, it was Al Cook’s first night as a manager of the offshore installation operated by BP. Lifeboats were ready to launch, RAF rescue helicopters called and flares sent over the vessel. A voice finally

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Regulator scrutiny is making tech M&A more onerous. Antitrust probes in the UK and EU have put a stop to Adobe’s $20bn deal to buy Figma. Amazon’s purchase of iRobot is under threat. With initial

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Transport for London warned on Monday that it was facing a funding shortfall after securing just half of the £500mn grant it had asked for from central government to keep the capital’s transport network running

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amid all the excitement about inflation falling and the cautiously optimistic COP28 deal, last week’s report from the OECD into international financial literacy levels unsurprisingly garnered few headlines. And yet for most people the humble

At first the tunnel sloped gently downhill, and there was enough natural light to see the concrete-reinforced walls, dodge the tangle of electric cables and avoid the ventilation pipe hanging loosely from a wall. But only 30 metres inside, the shadows thickened, the air grew hot and clammy, and the tunnel began a sharp descent

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak, UK prime minister, has vowed to work with Italy’s Giorgia Meloni to review international rules on asylum, claiming that a wave of clandestine migration threatens to “overwhelm our countries”. Sunak was speaking at

Stay informed with free updates Simply sign up to the Style myFT Digest — delivered directly to your inbox. HTSI editor Jo Ellison © Marili Andre And so we have reached the final issue of HTSI 2023. First, a thank you. Every week we are encouraged by your amazing feedback: it’s an absolute pleasure to have

My personal style signifier is colourful silk Nehru suits, which I’ve worn since I first visited India in 1982. My very first was made for me in the city of Vrindavan, near where Krishna came from. I always wear one of my big jewel brooches made from mirror and resin, and Bukharian kippah-style hats. To

Stay informed with free updates Simply sign up to the Trade disputes myFT Digest — delivered directly to your inbox. The EU is set to extend its truce with the US over steel tariffs imposed by Donald Trump until after presidential elections next year. European trade commissioner Valdis Dombrovskis told the Financial Times he was