Receive free Canada updates We’ll send you a myFT Daily Digest email rounding up the latest Canada news every morning. Canada’s prime minister has said there are “credible allegations” that India’s government was involved in the fatal shooting of a prominent Sikh leader in British Columbia, citing intelligence from national security services. Justin Trudeau on
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Western companies that have continued to operate in Russia since Moscow’s full-scale invasion of Ukraine have generated billions of dollars in profits, but the Kremlin has blocked them from accessing the cash in an effort to turn the screw on “unfriendly” nations. Groups from such countries accounted for $18bn of the $20bn in Russian profits
Receive free Share buybacks updates We’ll send you a myFT Daily Digest email rounding up the latest Share buybacks news every morning. Share buybacks on the US stock market have dropped to the slowest pace since the early stages of the Covid-19 pandemic as rising interest rates undermine the incentive for companies to purchase their
Russia has authorised unreinforced oil tankers to sail through its icy Northern Sea Route for the first time, triggering warnings Moscow is risking a catastrophic Arctic spill as it reroutes sanctions-hit energy exports to Asia. Two tankers were granted permission in August to carry out the 3,500-mile long journey along Russia’s northern coast, despite not
Receive free Chinese politics & policy updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese politics & policy news every morning. The US government believes Chinese defence minister Li Shangfu has been placed under investigation in the latest sign of turmoil among elite members of Beijing’s military and foreign policy
The world is at “the beginning of the end” of the fossil fuel era, according to the leading global energy watchdog, which for the first time has forecast that demand for oil, natural gas and coal will all peak before 2030. New projections by the International Energy Agency forecast that the consumption of the three
Rishi Sunak has told Chinese premier Li Qiang he has “significant concerns about Chinese interference in the UK’s parliamentary democracy” after the arrest of a British parliamentary researcher on suspicion of spying for Beijing. The Metropolitan Police has confirmed that two men were arrested under the Official Secrets Act in March over allegations of espionage-related
The US House of Representatives China committee plans to hold a Taiwan war game with financial and business executives in New York on Monday, in an effort to raise awareness about the risks attached to Americans investing in China. Mike Gallagher, the Republican head of the panel, and Raja Krishnamoorthi, its top Democrat, will lead
Germany is pushing the European Commission to postpone tariffs on electric vehicle sales between the UK and the EU after industry warned that the measure would backfire. In a boost for Rishi Sunak’s government, Berlin now supports the UK’s calls for a three-year delay to the duties, two people familiar with the situation said. At
Warner Music has acquired a majority stake in record company 10K Projects, the upstart label behind the rapper Ice Spice, for an undisclosed sum, according to a person familiar with the matter. 10K Projects was founded in 2016 by Elliot Grainge, the son of Universal Music chief Lucian Grainge — Warner Music’s rival. Warner, the
Apple and Microsoft, the most valuable companies in the US, have argued some of their flagship services are insufficiently popular to be designated “gatekeepers” under landmark new EU legislation designed to curb the power of Big Tech. Brussels’ battle with Apple over its iMessage chat app and Microsoft’s search engine Bing comes ahead of Wednesday’s
Chinese lenders stepped in to extend billions of dollars to Russian banks as western institutions pulled back their operations in the country during the first year of Moscow’s invasion of Ukraine. The moves by four of China’s biggest banks are part of Beijing’s efforts to promote the renminbi as an alternative global currency to the
Receive free Healthcare updates We’ll send you a myFT Daily Digest email rounding up the latest Healthcare news every morning. Are the British work-shy? The UK is now the only developed country where more people have continued to drop out of the workforce since the pandemic. The work and pensions secretary has urged the over-50s
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Chinese property stocks declined on Thursday after Country Garden, once the country’s largest developer by sales, reported record losses and China Vanke cancelled a share placement. The CSI 300 Real Estate index, which tracks property stocks listed on mainland exchanges, declined 4.1 per cent in morning trading. Hong Kong’s Hang Seng Mainland Properties index declined
US secretary of commerce Gina Raimondo has told China’s number two official Premier Li Qiang that Washington does not want to decouple from the world’s second-largest economy and hopes to expand trade. Her meeting in the Great Hall of the People in Beijing with Li, a close confidant of President Xi Jinping and the head
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well
European equities and Wall Street futures rose on Thursday, as blowout revenues from chipmaker Nvidia fuelled investor enthusiasm for artificial intelligence stocks. Europe’s region-wide Stoxx Europe 600 pared some early morning gains but traded 0.3 per cent higher, while France’s Cac 40 added 0.4 per cent and Germany’s Dax gained 0.3 per cent. The Stoxx
Russia’s army has dismissed Sergei Surovikin, a prominent general, as head of its aerospace forces amid a crackdown on potential Wagner sympathisers following the paramilitary group’s failed mutiny in June. State newswire RIA Novosti cited an “informed source” on Wednesday saying Surovikin had been “relieved of his post” and replaced by Viktor Afzalov, the aerospace
Your browser does not support playing this file but you can still download the MP3 file to play locally. Zero day options are now almost 50 percent of the options market. But what are they? And why would anyone take these bets? Today on the show, host Ethan Wu and Alphaville’s Robin Wigglesworth discuss the
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