Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tory attempts to pull together a letter from major business chiefs backing the party in the run-up to the election…
Back in December 2023, when the market was pricing in six or so rate cuts, Apollo Asset Management’s co-president Scott Kleinman had a more contrarian view: He said he’d be betting against any rate cuts in 2024. That call so far has…
America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates. Last month’s strong job growth reflected the durability…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US added 272,000 jobs in May, far more than forecast, pushing back market expectations for the timing of Federal…
The Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia is set to raise more than $11.2 billion from its secondary public share offering in state-controlled oil giant Aramco, after the stock…
Staffers at Airbnb might have found themselves in an unofficial work pairing courtesy of a practice adopted by the company’s CEO, Brian Chesky. Chesky, who co-founded the short-term accommodation site in 2008, recently said he has an “informal” habit of…
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The European Commission has recommended that the EU start accession talks with Ukraine this month, in an effort to…
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has issued a humiliating apology after he was accused of a “dereliction of duty” for returning early from…
Russian President Vladimir Putin is seen while visiting the Lakhta Center on June 5, 2024, in Saint Petersburg, Russia. Vladimir Putin visited a newly built Lakhta Center, a skyscraper of Gazprom, prior to his meetings at the Saint Petersburg International…