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Business
Inflation rises 2.4% in September, above expectations
Inflation continued to cool in September to the lowest level in three years, though the report came in slightly hotter than expected. The Labor Department on Thursday said the…
Ikea posts first drop in revenue since 2020 after cutting prices
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ikea spent more than €2bn last year on lowering the…
Hurricane Milton relief efforts: These companies are helping affected communities
A number of companies are stepping up to assist Florida communities sitting in the path of yet another devastating hurricane by donating to relief organizations and sending…
Can China create its own Goldman Sachs?
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.China has wanted its own Goldman Sachs for more than a…
Hurricane Milton hampers gasoline supply chain
Hurricane Milton made landfall in Florida late Wednesday night and residents in areas impacted by the life-threatening storm are likely to see disruptions to gasoline supplies…
Competition and the clock: how Google plans to deflect and delay a historic break-up threat
A court-ordered break-up of Google would be unprecedented in modern American corporate history, delivering a blow to the Big Tech company that even Microsoft ultimately dodged when…
McDonald's sues several meat packing companies, claims they colluded to inflate beef prices
McDonald's is suing multiple meat companies on accusations they colluded to inflate the price of beef specifically. The fast-food giant on Friday filed a federal complaint…
Brookfield outbids Segro for FTSE 250 warehouse owner Tritax EuroBox
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brookfield has outbid Segro in the race to acquire Tritax…
Musk accelerates Starlink for Hurricane Milton victims, free of charge 'for those in need'
Tesla and SpaceX patriarch Elon Musk has teamed up with T-Mobile to provide Starlink’s direct-to-cell service for those impacted by Hurricane Milton. Musk and SpaceX – which…
Will Google become Al Pha Bet?
One major potential private credit deal to start: HPS Investment Partners is talking to potential buyers, including BlackRock, as the top leadership of the private credit firm…