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Business
Toscafund’s retreat from focus on financials marks end of an era
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Toscafund, one of London’s leading investment firms, is…
How Chicken Soup for the Soul entangled a titan of private credit
Just before the US Fourth of July holiday, the parent company of American DVD kiosk chain Redbox had run out of cash — and its biggest lender out of patience.Redbox’s owner, the…
Seattle-Tacoma International Airport hit with delays after 'possible' cyberattack
A "possible cyberattack" led to a series of delays at the Seattle-Tacoma International Airport (SEA) as the Port of Seattle dealt with an "internet and web systems outage"…
Telegram messaging app CEO Pavel Durov arrested in France: reports
Billionaire and Telegram messaging app CEO Pavel Durov was arrested in Paris on Saturday night, according to TF1 TV and BFM TV, Reuters reported. According to TF1, Durov was…
Financial experts reveal how Americans can prepare for the possibility of a recession
Financial experts are revealing how Americans can prepare for the possibility of a recession with concerns about the economy. Federal Reserve Chair Jerome Powell on Friday…
The price of F1’s US success
Pity the sports industry practitioner who books holidays in August. They’ll have catching up to do, whether that’s keeping up with the latest twists as broadcasting adapts to…
Walmart recalling apple juice in 25 states due to arsenic levels
More than 9,500 cases of apple juice that were sold at Walmart stores across the United States are being recalled due to an elevated level of "inorganic arsenic," the Food and…
Bill’s restaurants set for expansion as confidence returns to casual dining
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Restaurant group Bill’s is set to restart opening new…
Siemens Healthineers boosts cancer imaging with €200mn Novartis deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Siemens Healthineers has agreed to buy part of a Novartis…
Private equity circles Grant Thornton’s UK business
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Several private equity firms are considering offers for a…