Who says Chilean wine is cheap and cheerful?

Chile is very, very good at exporting wine. It vies with Australia as the world’s fifth biggest wine producer after France, Italy, Spain and the US but is decisively the fourth biggest exporter, being much more successful than Australia. It firmly overtook Australia in the burgeoning Chinese wine market after negotiating a free trade agreement … Read more

John Lewis sends staff a glum message about UK retail

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Some companies’ bonus schemes get attention because they’re so big. Global investment banks are an obvious example. Others are significant not for their absolute size, because of what they represent. That’s the case for John … Read more

Industrial strategy turns from green to battleship grey

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When Sir Keir Starmer promised this week to “rebuild industry across this country” with public investment to “provide good, secure jobs and skills for the next generation”, he might have been talking of the drive … Read more

Beware America’s fake fiscal conservatives

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is an FT contributing editor, chief economist at American Compass and writes the Understanding America newsletter  An arcane budgetary sleight of hand is poised to take central stage in the US debate … Read more

What Japan can teach the US in an age of boycotts

Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Imagine you are in Tokyo, profoundly unsettled by the newsflow from the White House, up for a non-violent anti-American protest and considering a stint as what US President Donald Trump would label a “radical left … Read more

It’s time for Europe’s deep tech companies to go big

Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. Overawed European companies struggling to compete with domineering US rivals should draw inspiration from Airbus. Founded in 1970 through a mash-up of European aerospace interests, the ungainly multinational has become the industry’s most successful operator, … Read more