Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel has “basically signed on” to a six-week ceasefire that would be used to facilitate a second round of swaps of Israeli hostages for Palestinian prisoners, a senior US administration official said. Several hurdles remain
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden rebuked Israel on Friday, saying it had “no excuses” for not letting more aid into Gaza as he announced the US will soon begin airdropping food into the enclave. Biden’s announcement and criticism
It was dark when roughly 30 trucks of food reached an Israeli checkpoint on Al Rashid Street in Gaza City, a stretch of Mediterranean road dotted just four months ago with hotels, wedding halls and ice cream stands. But around 4am on February 29, videos shared by Palestinians show, it was a dystopian landscape —
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk has filed a lawsuit against OpenAI and its chief executive Sam Altman, alleging the ChatGPT-maker’s multibillion-dollar alliance with Microsoft has compromised the start-up’s original mission of building artificial intelligence systems for the benefit
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dozens of people were killed in northern Gaza on Thursday after the Israeli military opened fire on Palestinians rushing towards trucks carrying food but said some had died in a crush to reach the supplies.
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Vladimir Putin has said that western support for Ukraine risks triggering a global war, in his most explicit threat to use nuclear weapons since he ordered the full-scale invasion of Ukraine two years ago.
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Jeremy Hunt has drawn up emergency Budget plans to scrap or scale back Britain’s “non-dom” tax rules, in the event that he needs to raise billions of pounds to fund mass-market pre-election tax cuts. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alexei Navalny will buried in Moscow on Friday, with a memorial service set to take place in the neighbourhood where he lived for many years, according to the late Russian opposition leader’s team. The anti-corruption
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water is lobbying the government and industry regulator Ofwat to let it increase bills, pay dividends and face lower fines as it seeks to avoid a potential multibillion-pound taxpayer bailout. Britain’s largest water monopoly
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Jeremy Hunt lacks the fiscal firepower to prevent Britain’s taxes climbing to a record high as a share of national income no matter what he announces in next week’s Budget, new analysis has found. Tax
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sweden has overcome the last remaining hurdle in its quest to become a Nato member as Russia’s full-scale invasion of Ukraine redraws the geopolitical map. Hungary’s parliament voted on Monday to approve Stockholm’s application to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s competition watchdog has launched an investigation into eight housebuilders over whether they shared commercially sensitive information after a year-long study into why Britain builds too few homes. The announcement of the probe on
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. The widespread drop in global house prices that hit advanced economies has largely petered out, according to a Financial Times analysis of OECD data, leading economists to predict that the deepest property downturn in a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump has won the South Carolina Republican primary, inflicting another defeat on Nikki Haley in the race to win the party’s presidential nomination — this time in her home state. While Trump’s margin of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Warren Buffett has warned Berkshire Hathaway shareholders that his sprawling $905bn conglomerate has virtually “no possibility of eye-popping performance” in the years ahead, laying bare the challenges that will confront his successors. The so-called Oracle
Goldman Sachs chief executive David Solomon is facing a new wave of unrest inside the Wall Street bank, threatening a fragile peace among its partners. Solomon’s decision to accept a 24 per cent pay rise last week despite presiding over the bank’s worst annual earnings for four years has proved controversial, as has the staffing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Eleven companies dubbed the “Granolas” propelled European stocks to a record high this week, with their outsized contribution echoing the better-known “Magnificent Seven” in the US. The crunchy acronym was coined by Goldman Sachs for
A McKinsey-led think-tank advised China to deepen co-operation between business and the military and push foreign companies out of sensitive industries as part of a project for the central government in 2015. The recommendations in a book by the Urban China Initiative, commissioned by the Chinese government’s central planning agency, were among dozens of policies
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia revenues soared 265 per cent in the latest quarter to $22.1bn as the world’s most valuable chip company benefited from a spending frenzy on artificial intelligence. The revenue performance beat analysts’ already heightened expectations
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When a rival claims that they need $7tn to keep up, you know you’re in a good position. Nvidia’s command over chips tailored for artificial intelligence led OpenAI’s Sam Altman to set a wild goal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opposition leader Sir Keir Starmer was set to dodge a large-scale rebellion of Labour MPs on Gaza on Wednesday after a controversial decision by the House of Commons Speaker sparked outcry in Westminster. The move
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