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For as long as people have loved beauty, spending, and indulging their passions, those who could afford it have turned to collecting. Rising demand from the world’s growing super-rich has caused sharp rises in the price of high-value collectibles, from art, classic cars, watches and jewellery to fine wine and whisky. Private enthusiasts have been
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The National Football League has approved sweeping changes to its ownership policies that will allow the private equity industry to invest in teams, opening the most lucrative sports league in the US to the buyout industry for the first time. NFL owners on Tuesday gave the green light to the changes, which would allow team
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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. It is nearly three months since President Emmanuel Macron dissolved parliament in a misguided attempt to bring political “clarity” to France. The shock snap elections in which his centrist alliance was roundly beaten have brought
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This is an on-site version of the US Election Countdown newsletter. You can read the previous edition here. Sign up for free here to get it on Tuesdays and Thursdays. Email us at electioncountdown@ft.com Good morning and welcome to US Election Countdown. Today let’s get into: Kamala Harris is trying to recast her party as the US’s patriotic
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Emerging market investors are betting that a bull run in China’s bond markets has further to go, even as Beijing signals increasing discomfort with a soaring rally in government debt. China’s central bank has been trying to cool a frenzy for long-term government bonds this year driven by local investors who have pushed yields down