News

Mark Zuckerberg received the lowest salary of all of Meta’s staff in 2023, with his measly $1 salary — though the Big Tech chief raked in a staggering $24.4 million in “other compensation.” According to a proxy filing statement, the lion’s share of this “other compensation” covered Zuckerberg’s security costs. Though the Securities and Exchange
Facing one of the worst stock slumps in Tesla’s 14-year history, Elon Musk was under pressure this week to deliver a reassuring message to investors about its next generation of electric vehicles and a persuasive vision for an AI-driven, automated future. Instead, what the chief executive offered — alongside even worse than expected first-quarter profits
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Huge bets by Chinese speculators on rising gold prices have helped super-charge the precious metal’s rally to an all-time high this month, in a sign that Asian traders are beginning to eclipse their western counterparts
Ukraine faces tough weeks ahead in its fight to stem Russian battlefield advances despite this weekend’s passage of a long-awaited US funding bill, according to Ukrainian officials, soldiers and military analysts. The US House of Representatives passed the $60bn military aid package on Saturday night after months of delay that have left Ukraine short of
After Iran fired a barrage of drones and missiles towards Israel a week ago, 70-year-old Hengameh removed the mirrors from her walls and urged family members to stay away from windows for fear of retaliatory strikes. The Tehran resident, who lived through her country’s 1980s war with Iraq, said: “I am haunted by thoughts of
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Oil prices fell on Friday after Israel’s retaliatory strikes against Iran provoked a shortlived spike, in a sign of investors’ confidence that the action will not escalate into a broader conflict in the Middle East. Brent
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy National security experts and financial market traders seem to disagree on what will follow the recent escalation of tensions between
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran has activated air defence systems across several provinces, according to official news agency IRNA, after reports that an explosion was heard near the city of Isfahan. Tasnim news agency, which is close to Iran’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has been warned by the IMF to take much tougher action to rein in the UK’s public debt, putting a question mark over the prime minister’s cuts to national insurance. The IMF on
The benchmark S&P 500 slipped 1.2 per cent, with 85 per cent of stocks falling. The Nasdaq Composite lost 1.8 per cent as every Magnificent Seven tech stock fell. The small-cap focused Russell 2000 fell 1.4 per cent. The Vix — A closely watched gauge of US stock market volatility — closed at its highest
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. Ever since Hamas attacked Israel on October 7 last year, America has pursued two key objectives. The first is to provide “ironclad” support for Israel. The second is to prevent a wider regional war