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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s election as US president brings “clear dangers” of a global race to the bottom on financial regulation, the chair of the UK Financial Conduct Authority told MPs. “You can see the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone’s roughly £300mn bid to acquire the “Can of Ham” skyscraper in London has fallen through, the latest sign that big-ticket office sales remain stalled by disagreements over what buildings are worth.  The US group,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s financial regulator has been accused of acting in an “irrational” and “unfair” manner when it excluded supposedly “sophisticated” victims of an interest-rate hedging mis-selling scandal from a redress scheme of more than £2.2bn.

Treasury chief secretary Darren Jones on Tuesday launched a six-month “line by line” review of £1.2tn in UK public spending, equipped with a new device to keep ministers in line: a “dashboard” that starts flashing at them if they blow their budget. Ministers will need to input their spending plans within limits that some economists

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world If Iran is a sitting duck and Joe Biden a lame duck, what is Donald Trump? Some might say a bird of prey; others a vulture. A minority think he is a dove.

Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. Workers in England are more likely to be overqualified than in any other advanced economy in the OECD, according to a study that raises questions about the opportunities available to British graduates. More than one-third

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brazilian President Luiz Inácio Lula da Silva is in intensive care after brain surgery and is recovering “well”, the government announced on Tuesday. The 79 year old, commonly referred to as Lula, underwent a craniotomy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli Prime Minister Benjamin Netanyahu has arrived in a Tel Aviv court to begin testimony in a corruption trial that has convulsed the nation’s politics, pitting the longest-serving premier against a judicial system he has

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Xi Jinping has pledged that China will meet its ambitious GDP growth target of 5 per cent this year and remain the engine of global economic expansion as Beijing steps up efforts to boost flagging

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US private capital group Apollo will lend Canary Wharf £610mn to pay off its bonds, in a deal that allows the London landlord to complete its refinancing race but will lock it into higher interest

Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. Investors’ “relentless” appetite for juicy returns has triggered the biggest boom on Wall Street in complex financial products since the lead-up to the global financial crisis in 2007. The global volume of structured finance transactions

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is author of ‘Black Wave’ and an FT contributing editor “We are condemned to hope.” Such were the words of Syrian playwright Saadallah Wannous in 1996 during a speech for World Theatre Day.

Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. Does the arrival of migrant workers depress the wages of those who are already in the country, or doesn’t it? For years, mainstream economists have told people who worry that migrants are undercutting wages that

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Days before last year’s presidential election in Argentina, supermarket worker Emir Gullo was excited about the idea of a madman as president. “He’s crazy,” Gullo said admiringly at a rally for libertarian economist and then-candidate Javier Milei on the outskirts of Buenos Aires in late 2023, noting his eccentric image, unconventional ideas and lack of

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. Hiring has fallen more sharply in the UK than in other major economies over the past year as worries over weak growth and rising wage bills lead some businesses to cut headcount. UK job postings

OpenAI has released Sora, its video-generation model, as a product for paying ChatGPT users. The artificial intelligence tool, which converts text to video, has been a major innovation that the San Francisco-based company has been pitching to the film industry this year despite concern that it could pose a threat to jobs in that sector.