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Business
FirstFT: Chinese exports soar as Beijing prepares for Trump’s tariff threats
In today’s newsletter: Good morning. China’s exports soared in October and its trade surplus ballooned, official data showed yesterday, just days after Donald Trump won the US…
Fed cuts interest rates by quarter point
The Federal Reserve on Thursday announced its second consecutive interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing signs that…
How should Europe build its own Silicon Valley?
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a fellow at Stanford University’s Institute…
LARRY KUDLOW: High growth, low inflation and Trump's golden age
The day after the election, the stock market went up 1,500 points — one of its best days in history. It's kind of like saying, "Welcome home, President Trump. We're glad…
BlackRock in talks to take minority stake in Millennium
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BlackRock is in early-stage discussions with Millennium…
Fraternal Order of Police urges Trump to name Brendan Carr as next FCC chair
The Fraternal Order of Police (FOP) on Wednesday sent a letter to President-elect Trump to encourage him to appoint Commissioner Brendan Carr as the next chairman of the …
European defence bosses expect Trump to demand more Nato contributions
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldEuropean defence chiefs expect the bloc’s governments to…
First IHOP-Applebee's joint restaurant coming to US: where and when it opens
The joint IHOP-Applebee’s concept that Dine Brands has been developing will arrive in America in early 2025. The corporate parent of the two chains said its inaugural U.S.…
Olympique Lyonnais warns major funding delay would put going concern status at risk
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.French football club Olympique Lyonnais has warned that…
Volkswagen recalls over 114,000 Beetle, Passat vehicles due to risk of airbag inflator explosion
Volkswagen is recalling nearly 114,500 of its Beetle and Passat vehicles in response to the potential risk their driver’s side airbag inflators could explode. The side front…