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Business
Cartier-owner Richemont misses sales targets as China demand stalls
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Swiss luxury group Richemont’s sales dipped in the three…
Decarbonisation, downsized: what became of Labour’s Green Prosperity Plan
Good morning. Westminster is still trying to digest the news of Donald Trump’s victory in the US election. Keir Starmer has issued a “hearty” congratulations to the…
British Airways owner IAG reports bigger than expected profits
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British Airways owner International Airlines Group has…
Daniela Cavallo, VW labour chief battling German plant closures
It is rare for a German industry figure to evoke the Nazi era but VW labour chief Daniela Cavallo is dealing with a crisis of historic proportions.The 49-year-old chair of VW’s…
New Lord Mayor to push pension funds to invest more in London-listed companies
Britain’s big pension funds will face a fresh push to invest in the ailing UK stock market under a plan being drawn up by the new Lord Mayor of the City of London to widen the…
Fed's Powell staying put even if Trump has another idea
Federal Reserve Chair Jerome Powell said Thursday that he will remain in his role through the duration of his term even if incoming President-elect Trump decides to call for…
Elwood Edwards, who provided the voice for AOL's 'You've Got Mail,' has died
The man who lent his voice to AOL’s well-known "You’ve Got Mail" notification died on Tuesday. Elwood Edwards was 74-years-old at the time of his death, his longtime employer…
Mortgage rates climb again, hurting demand further
Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline in the stagnant housing market. Freddie Mac's latest Primary Mortgage…
HS2 spent £100mn on tunnel to protect rare bats
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Britain’s High Speed 2 rail line spent £100mn building an…
SEC commissioner backs Trump’s plan to end crypto crackdown
Republican SEC Commissioner Mark Uyeda wants to help president-elect Donald Trump fulfill his promise of ending the Biden Administration’s so-called war on crypto, FOX…