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Business
Fixed mortgage rates march higher, demand for adjustable-rate loans jumps
The average rates for fixed mortgages continued their upward climb this week, accompanied by a marked rise in demand for adjustable loans as consumers seek relief from…
Western allies back efforts to tap profits from frozen Russian assets
G7 officials have backed European efforts to tap billions of euros of profits generated from frozen Russian assets, a day after US Treasury secretary Janet Yellen swung behind the…
Walgreens shares have best day since 2022
Days after appointing a new CEO, shares of Walgreens Boots Alliance are on pace for the best percentage increase in nearly a year, according to Dow Jones Market Data Group. …
Cost of London-to-Birmingham leg of HS2 jumps by a fifth to £54bn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The cost of building the London-to-Birmingham stretch of…
Costco members can buy gift cards for less than actual sticker price, TikTok user reveals
Are you using your Costco Wholesale membership to its fullest? A Costco customer took to social media to show members what they may be missing out on when it comes to their…
Sculptor sticks with Rithm deal after sweetened offer for hedge fund
Stay informed with free updatesSimply sign up to the Hedge fundsmyFT Digest -- delivered directly to your inbox.Sculptor Capital Management is sticking with a deal from Rithm…
Delta Air Lines profit boosted by international demand but US trends weaker
Delta Air Lines reported a record in quarterly revenue on a 35% jump in international travel, the air carrier said on Thursday. The Atlanta-based company said it expects…
US sanctions two oil shippers for violating Russian price cap
Stay informed with free updatesSimply sign up to the War in UkrainemyFT Digest -- delivered directly to your inbox.The US has imposed sanctions on two companies shipping Russian…
X CEO says app removes hundreds of Hamas-linked accounts
Social media platform X has worked to remove hundreds of accounts linked to terrorist group Hamas, according to the company's CEO. Linda Yaccarino remarked on the…
The Restaurant Group: Apollo has a taste for Wagamama owner
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sophisticated continentals like to bash British dining.…