Good morning. Who cares if Elon Musk buys Twitter, the whole thing is stupid and annoying, let’s all do our best to ignore it. So it’s the US economy, and more on Russian oil, below. Also, we’re taking Monday off. While we’re away, try other good FT Newsletters, like Moral Money (sign up here) and
0 Comments
My personal style signifiers are minimalist, comfortable clothing – black jackets, sometimes by Issey Miyake, and always T-shirts. My clothes are like my own designs: spare and simple. The last thing I bought and loved was a Danish chair for my furniture collection. The design is human and intimate. I have Mies van der Rohe and Hans
0 Comments
‘Zero to IPO: Over $1 Trillion of Actionable Advice From the World’s Most Successful Entrepreneurs’, by Frederic Kerrest In 2011, as co-founder and chief operating officer of a failing business and facing bankruptcy, Frederic Kerrest received some advice from one of his board members who had been through it all before. Acting on it saved
0 Comments
Russia’s defence ministry has said the Moskva naval missile cruiser, its flagship vessel in the Black Sea, has sunk, dealing a significant blow to Moscow’s offensive in southern Ukraine. Ukrainian officials said on Thursday that the Russian vessel had been hit by one of their anti-ship missiles, causing an explosion on board. The Pentagon assessed
0 Comments
Brazilian oil major Petrobras sought to end weeks of turmoil on Thursday by appointing a new chief executive, after two previous bosses were removed within a year following tensions with President Jair Bolsonaro. The state-controlled company said its board had elected José Mauro Coelho, a public sector official specialising in the energy sector, as chief
0 Comments
Pakistan’s military establishment has dismissed ousted prime minister Imran Khan’s claims that he was the victim of a US-led conspiracy, and described his visit to Moscow on the day Russia invaded Ukraine as “embarrassing”. In rare public comments on Thursday, Major General Babar Iftikhar, the army’s spokesperson, denied Khan’s assertions that Pakistan’s national security committee
0 Comments
The writer is founder of Sifted and a former FT Moscow bureau chief On a trip to Silicon Valley a while ago, I had back-to-back meetings with the founder of a fintech firm, the head of a start-up incubator and a senior executive at a virtual reality company. By chance all had one characteristic in
0 Comments
The government of Rwanda on Thursday confirmed that it had signed a “bold new partnership” with the UK under which some people seeking refugee protection in Britain will be transferred to the central African country while awaiting processing. The announcement comes ahead of a speech in which Prime Minister Boris Johnson will pledge to tackle
0 Comments
Let us see if Elon Musk has learnt anything. Four years ago, the Tesla chief executive loosely offered to take his electric vehicle company private, at one point misleadingly posting a tweet that he had “funding secured” for such a transaction. This message flouted US securities law sufficiently for US regulators to require Musk’s social
0 Comments
Remember Alphawave? In 2021, the once Toronto-based semiconductor IP company IPO’d on the LSE to great fanfare, with some drawing comparisons between its capital-light business model and previous stock exchange darling ARM. The valuation, at £3bn for a company with just £40mn of trailing revenues, matched the hype. Then it all went a bit pear
0 Comments