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Canadian police said that two suspects implicated in the fatal stabbing of 10 people in the province of Saskatchewan on Sunday were still at large, despite a wide-ranging manhunt that continued through the night. Evan Bray, chief of police in the town of Regina, Saskatchewan, said on Monday: “Unfortunately the two males are still at

The writer is executive director of International Energy Agency As the global energy crisis continues to hurt households, businesses and entire economies worldwide, it’s important to separate fact from fiction. There are three narratives in particular that I hear about the current situation that I think are wrong — in some cases dangerously so. The

Ryan Taylor’s letter about President Joe Biden’s student loan forgiveness programme makes many unfortunate assumptions (Letters, August 30). Taylor writes that he worked hard in college and minimised his debt, and he undoubtedly made many sacrifices to achieve his current success. His work ethic and character are admirable, and he should be commended for it.

US stocks had another bruising week, with the tech-heavy Nasdaq Composite ending the day down 1.3 per cent to mark a sixth consecutive daily decline in its longest losing streak in more than three years. The blue-chip S&P 500 index fell 1.1 per cent on Friday, pushing it down 3.3 per cent for the week.

We’re eight minutes in when I tell Piers Morgan that he is the person non-journalists most often ask me about. He doesn’t even blink. “What do you say?”  “I say, ‘Well, it’s very complicated,’” and for the next six minutes he tells me why I am wrong to say that. It is not the last

Stocks on Wall Street were mixed and the dollar jumped on Thursday as investors favoured safer assets following gloomy data from China and ahead of US jobs numbers. The Nasdaq Composite and S&P 500 had spent much of the day down as fresh lockdowns in China in response to Covid-19, and weak manufacturing data from

Framed by two winged figures that crown the organ, the vast sculpture is shot through by sunbeams falling from the windows of the Church of San Giorgio Maggiore. Where the rays hit, the nine-metre work leaps into sinister glory. Described as a “chandelier”, though it casts no light, the work is the centrepiece of a

AstraZeneca has succeeded in an eleventh-hour effort to stop a former senior executive from joining rival GSK this week after a High Court judge granted the drugmaker an injunction in an unusual legal battle featuring Britain’s two biggest pharmaceutical companies. Chris Sheldon, who left AstraZeneca in August after holding several senior roles, was due to

People keep asking Peter Do about the metaverse, backstage at his catwalk shows and in meetings with potential investors. But virtual fashion bores the 31-year-old Vietnamese-American designer. “You can sell it without even making the garment,” he says, remembering a frustrating conversation. “I was like, then why do you need me?” Do is trained in tailoring and is known

ExxonMobil is contesting a presidential decree signed by Vladimir Putin earlier this month that it says has stymied its efforts to exit Russia, setting the stage for a potential legal showdown with Moscow. The US oil supermajor was part of a wave of western oil companies that said they would cut ties with Russia after

The two largest US mortgage lenders are turning up the heat on their smaller competitors, offering discounts and other incentives to win market share as rising interest rates have slowed homebuying activity. The aggressive strategies pursued by Rocket Mortgage and United Wholesale Mortgage, the largest and second-largest US mortgage originators, respectively, come as many lenders

This is an audio transcript of the FT News Briefing podcast episode: US watchdogs take on private equity Marc Filippino Good morning from the Financial Times. Today is Monday, August 29th, and this is your FT News Briefing. [MUSIC PLAYING] Financial markets are absorbing the hawkish word out of the Wyoming meeting of central bankers

Jane Harman is on the mark in her column “Six lessons for US foreign policy from Afghanistan” (Opinion, August 19). But the reality is that in place of Afghanistan one could insert Vietnam, Iraq, Ukraine, China or Russia! The US government suffers from a combined case of historical amnesia and ignorance for which there seems

Will jobs data signal a soft landing for the US economy? US jobs data for August are expected to come in lower than those for July, but remain in expansion territory — reflecting a 20th straight month of growth. Economists project that figures on Friday will show the US added 290,000 jobs in August, marking

Climate-related legal action threatens to push corporate insurance costs even higher, with the industry warning that success for activists would force a repricing of cover that has already become much more expensive in recent years. Businesses face growing legal threats from activists looking to challenge sustainability claims deemed disingenuous or untrue, and decarbonisation targets considered

The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy Over the years, the annual central bank confab at Jackson Hole has seen Federal Reserve chairs address immediate policy issues as well as longer-term and more academic ones, that involve the economic and institutional context for policymaking. Present circumstances called

Recovery in global air travel drove surging orders for in-flight internet connectivity in the first half, according to Inmarsat, although the UK satellite operator cautioned the rate of growth could slow in the near future as the sector normalised after two years of disruption from Covid-19. “Aviation had a terrific quarter with in-flight connectivity growth

You can enable subtitles (captions) in the video player China puts huge resources in money and personnel behind boosting its strategic and political influence around the world. This can be seen in China’s recent military exercises around Taiwan. But many of its influence operations are much less dramatic. They’re conducted in the shadows, involving subtle

Financial markets are betting the Bank of England will more than double interest rates by May next year as concern mounts about further rises in UK inflation. The shift in expectations in the swap market — which anticipates interest rates of 4 per cent in May compared with 1.75 per cent today — are among

The UK government will hold urgent talks with meat and farming groups on Thursday after CF Industries, the US fertiliser group which is the UK’s biggest carbon dioxide producer, said it would close its Billingham plant in north-east England. CF Industries said it would temporarily halt ammonia production at Billingham as the price of natural