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Business
Manchester City: club’s finances look better in black than red
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.For most enterprises, wage inflation is a worry. Not for…
TransUnion to cut 1,300 jobs as part of multiyear plan to reduce costs, drive growth
TransUnion said it will cut its workforce by 10%, or roughly 1,300 jobs, as part of a plan to reduce costs and fund growth, the consumer credit reporting agency announced…
UBS fails to overturn guilty verdict in French tax evasion case
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UBS failed to overturn a guilty verdict for its role in a…
Push to cap loan interest fees at 36% may leave subprime borrowers without credit, trade groups warn
Seven banking sector trade groups warned in a joint letter to lawmakers that efforts to set a nationwide 36% interest rate cap on consumer loans may do more harm than good. The…
Manulife to buy CQS in end of an era for Michael Hintze
Stay informed with free updatesSimply sign up to the Fund managementmyFT Digest -- delivered directly to your inbox.Manulife is buying CQS, the UK credit investor founded by Lord…
Flat October inflation leaves consumer prices unchanged
Consumer prices held steady in October as lower gas prices helped offset the increases in other areas of the economy, according to the Consumer Price Index (CPI) released by the…
Mazars to merge with Forvis in US
Stay informed with free updatesSimply sign up to the Accounting & Consulting servicesmyFT Digest -- delivered directly to your inbox.Mazars has agreed to merge its US business…
Wholesale inflation unexpectedly tumbles 0.5% in October, biggest drop in 3 years
Inflation at the wholesale level posted a surprise decline in October, the latest sign that high consumer prices are beginning to loosen their stranglehold on the U.S.…
Renault chief urges European investors to back its EV IPO
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The boss of Renault has urged European investors to back…
Starbucks workers union calls for walkouts at hundreds of stores ahead of holiday season
The holidays are just around the corner, and that means Starbucks is gearing up to offer free drinks for its Red Cup Day promotion. It also means workers at hundreds of the…