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Business
Workers at Welsh steel plant braced for widespread job losses
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Workers at Britain’s biggest steel plant in Port Talbot…
Apple tops Samsung in global smartphone shipments for first time in 2023
Apple led smartphone shipments in 2023, stripping Samsung of its long-held leading position in the market, the International Data Corporation (IDC) said Monday. Preliminary…
Bob Diamond and Rich Ricci are banking on a City revival
A dozen years ago, Bob Diamond and Rich Ricci stood at the pinnacle of British finance, serving respectively as chief executive and boss of corporate and investment banking at…
Stuart Varney: Trump is barnstorming while Biden is ‘hiding’
During his "My Take," Wednesday, "Varney & Co." host Stuart Varney compared Trump's energy level and mental sharpness on the campaign trail to Biden, who has not held a…
Amazon expands US sports footprint with Diamond streaming deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Amazon is taking a stake in television networks that…
US real estate market will be ‘very ugly’ next year, Howard Lutnick warns
The CEO of a top financial services firm is sounding the alarm over a "very ugly" real estate market in the next two years. Speaking to Fox Business host Maria Bartiromo at…
Continuity need not mean stagnation for newest BP chief
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP has adopted many slogans in its 113-year history —…
BP says interim CEO now permanent after predecessor resigned for failing to disclose personal relationships
BP announced Wednesday that interim CEO Murray Auchincloss – who took over last year following the resignation of his predecessor for failing to fully disclose personal…
PwC drops some US diversity goals to meet changed legal landscape
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.PwC has dropped some of its diversity targets in the US…
US grocery chain eliminating plastic shopping bags from all stores
ALDI has eliminated plastic shopping bags from all of its 2,300 U.S. stores. The retailer announced meeting its end of 2023 goal last week, adding that the action will save…