At one of Shanghai’s most exclusive malls, a Dior store is spread across four floors and includes special tea rooms for premium shoppers, in a market that was once associated with rapid growth for luxury brands. But on Thursday afternoon there were few customers despite it being launch day of the French company’s new spring […]
Italian court rejects Meloni plan to hold asylum-seekers in Albania
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italian Prime Minister Giorgia Meloni’s controversial plan to send asylum seekers rescued from the Mediterranean Sea to Albania has suffered a serious setback after a Rome immigration court rejected the offshore detention of the first […]
Trump tells Rupert Murdoch to help him secure US election ‘victory’
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Donald Trump has called on Rupert Murdoch to stop Fox News from airing “negative commercials” that might damage his re-election campaign, saying the conservative media billionaire should help deliver “victory” for him […]
Are tulips just too much trouble?
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The ground is soft and easily planted with bulbs. The last spring flowering bulbs that should go in are tulips, readily plantable until late November. Tulips and I have had a rollercoaster ride in recent […]
‘My loyalty is to history’
David Olusoga talks about history as if it were a lover. The study of the past is a 40-year romance that animates and excites him. And like any infatuated lover, he sees the object of his affection everywhere. He sees it when he is out of an evening: “I love having a drink in Covent […]
Spirit to furlough hundreds as Boeing strike’s effects feed through supply chain
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spirit AeroSystems, the struggling supplier to Boeing, on Friday said it would furlough about 700 workers from the end of October as a prolonged strike at the aircraft maker has hit its supply chain. The […]
McKinsey faces Republican calls for probe into China ‘conflicts’
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Leading Republican lawmakers have called for a US justice department investigation into whether McKinsey violated federal law by failing to disclose potential conflicts of interest between its work in China and for […]
Final video of Hamas leader Yahya Sinwar transfixes Gaza
For months, Israel has portrayed the Hamas leader Yahya Sinwar as holed up in the militant group’s fortified tunnel network under Gaza, shielding himself from Israeli bombs. But when many Palestinians in the strip watched the Israeli drone footage of Sinwar’s killing, they saw the Hamas chief above ground, dressed in military fatigues and with […]
‘Soft landing’ bets push US corporate spreads to lowest in almost 20 years
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The gap between corporate bond yields and US Treasuries has narrowed to its lowest in almost 20 years, as investors pile into bets on a “soft landing” for the world’s largest economy. The spread — […]
Burst of trades inflates Trump’s margin in election prediction markets
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House A small group of anonymous traders has propelled a dramatic surge in Donald Trump’s perceived chances of winning the US presidential election in prominent prediction markets, according to data analysed by the […]