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Business
Rolls-Royce: new chief needs steadier engine for long-term growth
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Restructurings at Rolls-Royce are a bit like British…
Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
Goldman Sachs' third-quarter profit dropped less than expected as a nascent recovery in dealmaking offset the $864 million writedown related to its GreenSky fintech business…
Global warning system essential to beat future pandemics, says Cepi chief
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A “global early warning system” for dangerous viruses is…
Retail sales unexpectedly jump in September as consumers keep spending
Americans picked up their retail spending in September, even as they confronted an uptick in inflation. Retail sales, a measure of how much consumers spent on a number of…
UK subprime lender Amigo plans move into music streaming
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Amigo Holdings, the ailing UK subprime lender currently…
Real estate powerhouse rejuvenates downtown Miami with $1.1 billion investment
Its skyline is recognizably dreamy and serene, but efforts to rejuvenate the Downtown Miami neighborhood have fallen flat – until now. "For those that maybe think that Miami…
600 UK auto jobs at risk as Volta Trucks plans for bankruptcy
Stay informed with free updatesSimply sign up to the Electric vehiclesmyFT Digest -- delivered directly to your inbox.About 600 UK automotive jobs are at risk after electric lorry…
BlackRock CEO Fink: ‘World needs to get back its moral compass’
BlackRock CEO Larry Fink said Monday that he was "outraged" and "horrified by the images" out of Israel following Hamas’ terror attack last week. In an interview on FOX…
KPMG cuts jobs and freezes pay for deal advisory staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.KPMG will launch fresh job cuts in the UK and freeze pay…
Bill to freeze $6 billion in Iranian assets introduced by top Republican
FIRST ON FOX: Sen. Tim Scott, R-SC, Ranking Member of the Senate Banking Committee and a 2024 candidate for president, is leading a group of Republican senators introducing…