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Business
Harris breaks with Biden on capital gains tax; calls for top rate of 28%
Democratic presidential nominee and Vice President Kamala Harris is calling for increasing the capital gains tax for high earners to 28%, a much smaller increase than the…
Court puts block on sale of Raiffeisen bank’s Russian arm
Stay informed with free updatesSimply sign up to the Russian business & financemyFT Digest -- delivered directly to your inbox.A Russian court has blocked any potential sale…
Nippon Steel pushes back on national security concerns raised by Biden admin over US Steel purchase
Nippon Steel is pushing back on concerns raised by the Biden administration that its pending acquisition of U.S. Steel for $14.9 billion would undermine U.S. national…
Thames Water creditors examine cash injection to avoid nationalisation
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Thames Water’s lenders are drawing up contingency plans…
Chase to partner with law enforcement against ATM 'glitch' scammers: 'Fraud, plain and simple'
Chase customers who took advantage of an overdraw scam that went viral over the weekend could find themselves in a lot of trouble. Videos circulating on social media ahead of…
Unilever agrees sale of Russia business to Arnest
Stay informed with free updatesSimply sign up to the Russian business & financemyFT Digest -- delivered directly to your inbox.Unilever is set to sell its Russian assets to…
Verizon-Frontier deal: How it could impact customers
Verizon Communications Inc. on Thursday announced plans to acquire Frontier Communications in an all-cash transaction valued at $20 billion, which is expected to expand…
PwC tells UK staff it will monitor office attendance
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.PwC has told its 26,000 UK employees that it will start…
Stuart Varney: Kamala Harris' 'show' is being run by socialists
During his "My Take," Thursday, "Varney & Co." host Stuart Varney argued Harris' "handlers" are trying to move the Democratic nominee to the center to make her more…
Opec plans two-month delay to production increases
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Opec+ members are close to postponing planned increases…