News

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese ecommerce company JD.com has said it is in the early stages of considering an offer for Currys, setting up a possible bidding war for the UK electronics retailer. JD.com’s interest comes just days after

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. US President Joe Biden has blamed Russia’s first major battlefield victory in Ukraine in nearly a year on the failure of the US Congress to pass a bill funding Kyiv’s army. Biden told his

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A New York judge has ordered Donald Trump and several business associates to pay a total of $364mn in penalties for persistent fraud committed by the real estate empire that brought the former US president

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump will next month become the first former US president to face a criminal trial, after a New York state judge declined to dismiss or delay the “hush money” case brought against him over

Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation stayed steady at 4 per cent in January, undershooting expectations and bolstering hopes that the Bank of England will soon feel it has enough evidence of price pressures easing to cut interest rates.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Volkswagen has responded to fresh allegations of having benefited from forced labour in Xinjiang by announcing talks with its Chinese joint venture partner over “the future direction of business” in the region. The short statement

Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. Joe Biden sharply rebuked Donald Trump for saying he would encourage Russia to attack Nato allies that did not spend enough on defence, as the US president pleaded for Republicans in Congress to pass

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia has put the prime minister of Estonia, Kaja Kallas, on a wanted list, the first time the Kremlin has sought criminal charges against a foreign leader nearly two years since Moscow’s full-scale invasion

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a faculty member at Yale, formerly chair of Morgan Stanley Asia, and is the author of “Accidental Conflict: America, China, and the Clash of False Narratives”  There is more to economic vitality

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military said it had rescued two of the hostages seized by Hamas after a “complex operation” on Monday involving special forces in the southern Gaza city of Rafah. The Israeli raid comes amid

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tech companies have axed 34,000 jobs this year as they rejig their workforces to invest in new areas such as generative artificial intelligence to power their next phase of growth. Microsoft, Snap, eBay and PayPal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Far more Americans trust Donald Trump to handle the US economy than Joe Biden despite months of strong growth, a new poll has found, underscoring the president’s difficulty in convincing voters his policies are improving

A US Department of Justice report on Thursday cast Joe Biden as a “well-meaning, elderly man with a poor memory” in a damaging portrayal of the president even as he was spared from criminal charges following a months-long probe. The report from special counsel Robert Hur, who oversaw the DoJ’s investigation into Biden’s handling of

The S&P 500 stock index has touched the milestone of 5,000 for the first time, setting a fresh record high as a narrow group of companies continued to drive the benchmark upwards. The basket of blue-chip US stocks rose as high as 5,000.4 on Thursday, seconds before closing the session 0.1 per cent higher at

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Equity purchases by Chinese banks and brokers’ international arms have helped push net flows to the country’s stock market in to positive territory for the first time this year, a shift that helps Beijing in

Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. A US drone strike in Iraq killed the commander of a powerful Iranian-backed militia, the latest retaliatory move by American forces following an attack on a base that killed three US soldiers last month.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uber is courting one of its oldest foes, the London black-cab driver, as it looks to add a new taxi option to its fleet in the UK capital next year. San Francisco-based Uber has begun

Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. It was a dire January for Chinese stocks. After falling almost 10 per cent, Hong Kong’s Hang Seng stock index now trades around the same levels it did in 1997, when Tencent and Alibaba, two of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In Reddit’s r/stocks forum, the social media network’s own users take a dim view of the company’s upcoming initial public offering. “RIP Reddit, it all goes downhill from here”, is the general view. Users expect

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal Reserve’s rate-setters still expect to make around three quarter-point rate cuts this year, its chair Jay Powell said in an interview that aired on Sunday. Powell told CBS’s 60 Minutes show that “almost