A teenager who boarded a commercial flight in Australia armed with a shotgun and ammunition was overpowered by passengers and crew, the police said on Friday. The teenager, a 17-year-old boy whose identity was not released, had entered the aircraft with the firearm, the department said. Officers from the Victoria Police were called to Avalon … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Boots meal deal is a UK cultural phenomenon. The customer pays one price, and gets items that, sold separately, would cost a fair bit more. Private equity firm Sycamore Partners presumably thinks it can … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writers are professors at MIT and winners of the Nobel Prize in economics On Wednesday last week, the Trump administration cancelled 90 per cent of the contracts signed by USAID. A few days earlier, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Recent weeks have brought multiple examples of companies reversing course — on diversity policy, green energy targets and flexible working — as the corporate world adapts, sometimes shamelessly and self-interestedly, to the fast-changing political landscape. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US industrialist J Paul Getty is said to have remarked that “if you owe the bank $100, that’s your problem. If you owe the bank $100mn, that’s the bank’s problem.” Although Thames Water may … Read more
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 Good morning. Tired of uncertainty? Too bad: the Trump administration backtracked again on its tariffs on Canada and Mexico, giving … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Is Donald Trump’s White House giving up on trying to create a US national champion in chip manufacturing? And, if so, how can it guarantee a supply of the advanced semiconductors that are likely to … Read more
Europe must trim its welfare state to build a warfare state
