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Business
LVMH update sounds alarm on global luxury market
Today’s top storiesKamala Harris is betting on a surge of Democratic enthusiasm to propel her to the US presidency. Pennsylvania’s Josh Shapiro, Arizona senator Mark Kelly and Roy…
US investigating Delta with an ‘eye toward accountability,’ Pete Buttigieg says
The federal government is gathering data from Delta Air Lines and passengers in wake of the global IT failure that brought airlines, banks, emergency services, and businesses…
BlackRock leads as ether ETFs rack up $100mn on first day of US trading
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BlackRock, Bitwise Investments and Fidelity have emerged…
Wyoming Sen. Lummis plans to announce legislation for Strategic Bitcoin Reserve at Nashville conference
As Donald Trump prepares to address an estimated 20,000 bitcoin enthusiasts later this week in Nashville, Tennessee, the pro-crypto Republican Sen. Cynthia Lummis of Wyoming …
Kering warns on profits after Gucci sales fall almost 20%
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Kering, owner of Gucci and Saint Laurent, warned on…
Plane explosion in Nepal captured on shocking video leaves 18 dead, 1 survivor
The captain of a Nepali passenger plane was the sole survivor Wednesday when a Saurya Airlines aircraft taking off from the capital Kathmandu skidded off the runway and…
French regulator pulls licence for Vincent Bolloré’s TV channel C8
Stay informed with free updatesSimply sign up to the MediamyFT Digest -- delivered directly to your inbox.France’s broadcast regulator has refused to renew a licence for an…
Nuclear bunker dating back to post-war Britain is going up for auction
For those who may be doomsday preppers or war buffs, an intriguing piece of property is going up for auction this week. A Royal Observer Corps nuclear bunker, built in the…
Airlines prepare for end of ‘revenge travel’ boom
Airlines are bracing for the end of the “revenge travel” boom, cutting ticket prices to fill surplus seat capacity as a two-year post-pandemic surge gives way to a more uncertain…
Homebuyers are getting cold feet
Would-be homebuyers are getting a case of cold feet as they confront still elevated mortgage rates and record-high housing prices. New findings published by Redfin show that a…