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. Yesterday was rough. It began with the ISM manufacturing survey for February, which showed new orders falling into … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The intensity and hostility of the Oval Office clash between Donald Trump, JD Vance and Volodymyr Zelenskyy has left many observers taken aback. For those of us who have spent careers in investment … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Es are back. Aberdeen, a fund manager with prospects as dreich (Scottish for drab) as its home city, axed the vowels in a bid to revive its fortunes in 2021. No dice: abrdn floundered … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia is facing its first real competitor in China. US export controls, designed to cut off China’s access to advanced chips and chipmaking gear, were supposed to ensure that no domestic rival could emerge. But … Read more
Australia’s east coast is bracing for impact as Tropical Cyclone Alfred, which had been expected to remain offshore, now appears set to make landfall later this week. Damaging winds, dangerous surf and widespread flooding are expected for parts of Queensland and northern New South Wales. The sudden shift in Alfred’s path has caught forecasters by … Read more
James Harrison did not much care for needles. Whenever he donated plasma, he would look away as the tip went into his arm. But Mr. Harrison, an Australian who died last month at 88, was one of the most prolific donors in history, extending his arm 1,173 times. He may have also been one of … Read more
If any model symbolizes the ultimate victory of the S.U.V., Mr. Edwards said, it is the Mercedes G-Class, or Geländewagen. Built in Austria, it was conceived in 1979 as an unpretentious military or farm truck. Mercedes didn’t initially offer the G-Class in America, and a gray market of imports stoked demand. The federal government cut … Read more
China has in recent weeks staged military drills off Australia and Vietnam, sending pointed warnings near and far. Neither was a full-fledged exercise. But taken together, China’s recent shows of force, experts said, conveyed a message: the region must not ignore Beijing’s power and claims. Three Chinese naval ships, including a cruiser with 112 missile … Read more
President Trump’s intense interest in Ukraine’s minerals seemed to come from out of the blue. He dispatched his Treasury secretary to Kyiv this month to negotiate with Ukraine’s leader, then began ratcheting up the pressure publicly in what appeared to critics like a Mafia don’s extortion scheme. “I want security of the rare earth,” he … Read more
Drake, whose new album topped the Billboard 200 chart this week after Kendrick Lamar had made him a punchline at the Super Bowl halftime show, has canceled four tour dates in Australia and New Zealand because of a “scheduling conflict,” representatives for the rapper said on Wednesday. It was not immediately clear what the conflict … Read more