Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is hard to underestimate the enduring resonance of the 1980s comedy Trading Places in the finance world. The story of the Duke brothers seeking to profit in orange juice futures from ill-gotten inside information … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. How do you know when a bubble has popped? Twenty-five years ago on Monday, a multiyear US stock rally hit its peak and began a precipitous decline that would wipe 77 per cent off the … Read more
One person was missing, hundreds of thousands of homes were without power and communities were at risk of major flooding in eastern Australia on Saturday after the weakened storm formerly known as Tropical Cyclone Alfred neared the coast, still bringing heavy rains and dangerous winds. Australia’s third-largest city, Brisbane, which had been in the cyclone’s … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Didn’t Keir do well? He got out of the Oval Office without being humiliated. He dodged that question about Donald Trump’s desire to annex a country of which King Charles is head of … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world In his first address to Congress since beginning a tumultuous second term, US President Donald Trump proudly claimed on Tuesday night that he was “just getting started”. That is a bad omen for … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Like the exquisite yarn of the Andean vicuña, the conglomerate is becoming an exotic rarity. The corporate need for nimbleness means such beasts seem increasingly headed towards extinction. There is an exception, though: the world … Read more
Big City firms are urging Rachel Reeves, the chancellor, to scale back tax breaks for cash Isas, a form of saving beloved by millions of Britons, in an effort to boost UK financial services and — they say — the economy, by channelling those savings into stocks. The government would love to see more of … Read more
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. Alaska Airlines flight 1805, Los Angeles to Washington DC, March 5 2020. So spookily empty is the cabin, the nice stewardess keeps offering me the surplus sandwiches, somehow not realising that the physical splendour … Read more
One of the most common laments in the wine world today is that young people are not interested in wine. Send the lamenters to Manchester, I say. I went on a long wine-bar crawl there last month and came away amazed by how much youthful enthusiasm for wine there is in what mayor Andy Burnham … Read more
