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Business
Novo Nordisk spends record amounts on research to fend off weight-loss rivals
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Novo Nordisk is ploughing record amounts into research…
SocGen to sell UK and Swiss private bank units for €900mn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.France’s Société Générale has agreed to sell its British…
Vietnam veteran and entrepreneur is candid about PTSD battle and achieving the American dream
Bob Parsons, best known for his entrepreneurial endeavors, including GoDaddy, the domain name reseller, points back to his tour in Vietnam serving the nation as the launching…
L’Oréal gets back into injectables with Galderma deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.L’Oréal has acquired a 10 per cent stake in newly listed…
EU capitals set to back tariffs on Chinese electric cars, trade chief says
Stay informed with free updatesSimply sign up to the EU trademyFT Digest -- delivered directly to your inbox.EU member states are likely to support the imposition of proposed…
Bill Ackman’s grand vision unravels
One scoop to start: hedge fund Elliott Management has told investors that Nvidia is in a “bubble”, and the artificial intelligence technology driving the chipmaking giant’s share…
Carlyle to sell power producer Cogentrix Energy in $3bn deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Carlyle is selling one of the largest portfolios of…
‘Some people don’t want to challenge themselves’: Luis Gallego on leading IAG
When Luis Gallego was handed the top job at Spanish airline Iberia in 2013, he inherited a “disaster”. The airline was losing €1mn a day, landing just over half its planes on time,…
Widespread boycotts in Muslim countries hammer western brands
Boycotts of western food and drinks brands in Muslim countries are hitting the revenues of multinationals and their franchise operators, exacerbating the impact of a global…
FirstFT: Investors prepare for market volatility
Good morning. In today’s newsletter: Private capital groups prepare for deal revivalWho’s really running Beijing-based ecommerce giant JD.com?Why are there so many TikTokers at the…