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Business
Trump's tariffs would drive up consumer prices: National Retail Federation
National Retail Federation (NRF) CEO Matthew Shay warned that shoppers could face higher prices on an array of goods if President-Elect Donald Trump's proposed tariffs on…
Carlyle reports best results since recruiting Harvey Schwartz as chief
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Carlyle Group has reported its best quarterly results…
Nissan to cut 9k jobs, reduce CEO's monthly pay by 50% as company faces 'severe situation'
Nissan Motor Company announced it will be "taking urgent measures" to turnaround its business model after results from the first-half of Fiscal Year 2024 showed decreased…
Asia will get the rough end of the Trump trade
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldUS markets met president-elect Donald Trump’s victory with…
Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nissan has launched an emergency turnaround plan that…
Rolls-Royce sticks to outlook despite supply chain woes
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rolls-Royce has stuck to its guidance for profit growth…
Wall Street rejoices as the bell tolls for Biden-era regulation
The return of Donald Trump and a Republican-controlled Senate has US bankers, private equity titans and other financial services executives salivating over the prospect of…
UK claims managers face complaint fees after minister rejects industry plea
Stay informed with free updatesSimply sign up to the UK financial regulationmyFT Digest -- delivered directly to your inbox.Companies that handle consumer complaints are set to…
FirstFT: What Trump’s landslide win means for the world
Today’s agenda: Fed and BoE rate decisions; German coalition collapses; Wall Street rejoices; AstraZeneca’s China chief detained; and John Burn-Murdoch on incumbents’ bad yearGood…
Tesla stock surges after Trump wins presidency
Shares of electric vehicle-maker Tesla surged on Wednesday as stocks rose broadly after former President Trump prevailed in the presidential election. Tesla's stock soared as…