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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese maritime research vessels have dramatically increased incursions into waters just 24 nautical miles off Taiwan’s coast, as Beijing signals its growing surveillance capabilities and collects data crucial for naval warfare. The latest operations include
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Milos Dimic | E+ | Getty Images With various factors keeping homeownership out of reach for Americans, many aspiring homeowners are pessimistic, doubting they ever achieve that goal. Would-be buyers point to two major obstacles holding them back, according to a new Bankrate report. About half, 51%, point to a high cost of living, and
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are countless reasons why Britain cannot build enough homes. It doesn’t have enough skilled tradespeople. Raw material costs, from concrete to steel, are elevated. Developers are blamed for “land banking” — buying land and
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Municipal bond analysts should expect increased uncertainty as they work to assess the impact of pensions and other postemployment benefits on credit quality in 2024.  Pension risk — the possibility that pension and other postemployment benefit costs can rise to such a degree as to impair a bond issuer’s ability to pay its debts —
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Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. The writer is co-founder of GlassView and co-author of ‘Le Capitalisme contre les inégalités’ In its latest annual report, Nvidia, the main provider of semiconductors for artificial intelligence, did not even bother reporting its revenues
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Clarity from a recent court ruling along with the level of current interest rates will likely lead to a dramatic increase in Build America Bonds being called by issuers this year, market participants say. While only a small amount of BABs have been called using an “extraordinary redemption provision” since sequestration of BABs subsidies began
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Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Microsoft has struck a deal with French artificial intelligence start-up Mistral as it seeks to broaden its involvement in the fast-growing industry beyond OpenAI. The agreement, announced by Mistral on Monday, will involve the US
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sweden has overcome the last remaining hurdle in its quest to become a Nato member as Russia’s full-scale invasion of Ukraine redraws the geopolitical map. Hungary’s parliament voted on Monday to approve Stockholm’s application to
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Germany’s appetite for a potential deal with the Kremlin to swap a Russian hitman in a prisoner exchange has cooled markedly since the death of Alexei Navalny, according to US and German officials. The Russian
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aukus continues to make waves across the Pacific. Unveiled in 2021, the tripartite pact centres around Australia’s acquisition of nuclear-powered submarines from the US and the UK. For the Biden administration, Aukus has rapidly become
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Citigroup has appointed top JPMorgan investment banker Vis Raghavan as head of banking, completing its new management team and attempting to jump-start an underperforming business. Raghavan is a 23-year veteran of JPMorgan Chase and had
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In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway shares rose on Monday after Warren Buffett’s conglomerate posted strong earnings for the fourth quarter over the weekend. Berkshire class B shares jumped
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a consultant plastic and reconstructive surgeon and former vice-president of the Royal College of Surgeons of England who travelled to Gaza with the IDEALS charity Earlier this month I was operating on
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At the local museum in the central Italian town of Foligno, some 80 people gathered on Sunday to watch a Kremlin-backed propaganda film about Russia’s invasion of Ukraine. The Witness — which depicts Ukrainian soldiers as Nazis pledging allegiance to Hitler, waving Mein Kampf and committing atrocities — played to empty cinemas in Russia last
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Palestinian Prime Minister Mohammad Shtayyeh has tendered his resignation, in a long-anticipated move that could set the stage for a new technocratic government responsible for the reconstruction of Gaza. Shtayyeh on Monday offered his resignation
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