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Business
LSEG: volatility helps hoard work pay off for data aggregator
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Data is better than most other commodities. Each dollop…
Nokia to cut up to 14K jobs amid ‘market uncertainty’
Nokia is slashing its workforce by up to 14,000 employees in an effort to cut costs and better navigate market uncertainty, the company said Thursday. The company currently…
Pentagon accuses China of accelerating nuclear build-up
Stay informed with free updatesSimply sign up to the US-China relationsmyFT Digest -- delivered directly to your inbox.China appears to be accelerating the expansion of its…
Existing home sales fall for sixth month as supply crunch worsens
U.S. existing home sales continued to slide in September as a combination of steep mortgage rates and a worsening supply shortage squeezed would-be homebuyers. Sales of…
Rentokil shares fall 20% after group warns of lower US demand
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rentokil’s shares plunged almost a fifth on Thursday as…
Amazon promises quick turnaround pharmacy to doorstep prescriptions via drone
Need a prescription within an hour? Amazon Pharmacy can help with that but only in one Texas city. The retail giant announced Wednesday that customers in College Station can…
US bankruptcy judge approved potential $750 hourly legal fee for girlfriend
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A top US bankruptcy court judge approved an indirect fee…
Bank of America CEO says tight lending environment will lead to a slowdown in the US economy
The head of America’s second-largest bank revealed what macroeconomic impacts United States consumers can expect in the midst of a busy week on Wall Street. " temperature, for…
Blackstone warns of looming hit to consumers from surge in bond yields
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.One of the top executives at Blackstone Group, the…
Rite Aid closing 154 stores in 15 states: Here’s the list
Rite Aid Corp., which recently filed for Chapter 11 bankruptcy, plans to shutter 154 stores as part of its financial restructuring effort. The closures will occur in 15…