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Business
Leapmotor jumps into Europe’s troubled auto market
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.It is not a good time for global carmakers in Europe.…
DOJ sues Visa over debit card market monopoly
The Justice Department (DOJ) on Tuesday filed a lawsuit against Visa, alleging that the company maintained an illegal monopoly over the U.S. debit card market. According to…
PwC average UK partner pay falls to £862,000 as sales growth slows
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.PwC’s UK partners took home an average of £862,000 this…
'Exploiting Americans' data': House Intel demands 'critical' briefing on CCP-linked company…
EXCLUSIVE: The House Intelligence Committee is requesting a briefing from the FBI and Securities Exchange Commission on Chinese Communist Party-linked e-commerce company Temu…
Nelson Peltz’s Trian takes seat on Rentokil board
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nelson Peltz’s Trian Partners has taken a board seat at…
Meta CEO Mark Zuckerberg's net worth hits $200 billion
Mark Zuckerberg’s net worth has climbed to a figure that only two other billionaires in the United States have achieved. The Bloomberg Billionaires Index pegged the value of…
FirstFT: Israeli strike kills Hizbollah’s missiles chief in southern Beirut
Today’s agenda: FBI probes China-backed VC fund; VW chief under pressure; Commerzbank’s new CEO; Uber vs Amazon; and the FT’s new US Election GameWe start with Israel’s latest air…
Sam Bankman-Fried's ex-girlfriend, Caroline Ellison, sentenced to 2 years in prison
Caroline Ellison, the former girlfriend, employee and co-conspirator of convicted FTX founder and CEO Sam Bankman-Fried, was sentenced to 24 months in prison on Tuesday for…
A taxonomy of sovereign wealth funds
Brad Setser is a senior fellow at the Council on Foreign RelationsEveryone seems to want a sovereign wealth fund these days. Even countries that have more sovereign debt than…
Verizon plan to install 5G poles along popular Jersey Shore beach stirs uproar
Residents of a Jersey Shore borough and representatives from Verizon Wireless will clash Tuesday evening over a plan to install 5G towers along a popular stretch of beach. …