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Business
The city where Mexico’s nearshoring hype is becoming reality
Pesquería just outside Monterrey, Mexico, has been nicknamed “Pes-Korea” by locals as carmaker Kia increased production at its factory, which is soon to be expanded to produce…
Premium whisky prices slump as weak global economy hurts taste for luxury
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The value of rare whiskies sold at auction has recorded…
Schaeffler raises Vitesco offer as it pushes into electric vehicles
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Germany’s billionaire Schaeffler family has increased its…
Dior releases skincare line for babies featuring $230 ‘scented water’
Dior released a line of skincare for babies that features a $230 scented water, a moisturizer to leave a baby's skin "velvety," leading to some criticism. "Baby Dior Bonne…
How much FDI is China actually attracting?
Stay informed with free updatesSimply sign up to the Chinese economymyFT Digest -- delivered directly to your inbox.Pretty much everyone agrees that foreign direct investment has…
Julius Baer to review private debt business
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Julius Baer chief executive Philipp Rickenbacher said…
Chrysalis Investment Trust managers to leave Jupiter
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The managers of the Chrysalis Investment Trust are to…
Rating year-ahead reports on their stock picture choices
It’s once again that time of year, when every financial institution on the planet decides it would be a good idea to make broad predictions about the coming year — despite epochal…
Elon Musk to meet with Israel’s president amid antisemitism controversy
Elon Musk will meet with Israeli President Isaac Herzog as well as the representatives of families of hostages held by Hamas on Monday as the billionaire CEO of Tesla and…
Asset Management: The downfall of Leon Black
One thing to start: For our US readers, we hope you had a happy Thanksgiving. Fall of the house of BlackThe stand out piece this week is the FT Weekend Magazine cover story by my…