Biotech M&A shows signs of life

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Biotechnology companies do two things, in an ideal world: make drugs that improve patient’s lives, and sell themselves — in whole or in part — to Big Pharma. This second element has been difficult to … Read more

the fight over women’s skorts

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. You hardly need to be a body language expert to see something’s up. A male referee, his back to the camera, has his hands outstretched in a gesture that says: “Look, that’s the way it … Read more

Airline alliances still short of a first-class product

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Airlines the world over love forming partnerships. United Airlines and rival US carrier JetBlue announced one last week that gives each something it has craved. History suggests investors — and passengers concerned about upgrades and … Read more

Still more on stablecoins

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more

America’s courts versus Donald Trump

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump has suffered plenty of legal setbacks in his second term, but none quite like this one. The US Court of International Trade’s ruling this week that the president misapplied emergency economic … Read more

The Federal Reserve’s difficult coming months

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy It was not supposed to be this way. By now, the Federal Reserve should have been able to declare “mission … Read more

Why nature loss matters to companies — and what they can do

The author is a professor of responsible and sustainable business at Oregon State University Over the past two decades, corporate sustainability has made meaningful strides. But the central focus on climate action has been too narrow. Nature loss — from deforestation and biodiversity decline to soil and ecosystem degradation — poses profound risks to business … Read more