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Business
Carnival cruise crew members help rescue 12 people from ocean after cargo vessel capsizes
Crew members from a Carnival ship assisted in rescuing six men from the ocean after a small cargo vessel capsized, and a passenger captured some of the rescue on camera. The…
Wirecard’s former chief financial officer charged with fraud
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Munich prosecutors have charged Wirecard’s former chief…
ECB leaves rates unchanged, starts pulling plug on bond buys
FRANKFURT – The European Central Bank left interest rates unchanged as expected on Thursday and signalled an early end to its last remaining bond purchase scheme, wrapping up…
BP memo denies Bernard Looney pay decision was ‘unduly harsh’
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP has denied to senior staff that the board was “unduly…
Pharmacies share medical records with police without warrants
The largest pharmacy chains in the U.S. provide patients' prescription records to law enforcement upon request without requiring a warrant, federal lawmakers revealed this…
US fund Corvex urges Entain to turn around ‘unacceptable’ performance
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Corvex has become the latest US activist hedge fund to…
Woman waits 4 hours to try McDonald’s spinoff CosMc’s, delivers verdict
McDonald's spinoff CosMc's is officially open for business with enthusiastic customers enduring hourslong wait times to get their hands on a custom beverage and snack. The…
UK scraps hydrogen home-heating trial in Redcar
Stay informed with free updatesSimply sign up to the Renewable energymyFT Digest -- delivered directly to your inbox.The UK has abandoned plans for a trial to test hydrogen as a…
Nearly two-thirds of US companies will have in-person holiday parties in 2023: survey
With the 2023 year-end holidays fast-approaching, many U.S. companies say they will have holiday parties for their workers. Nearly two-thirds (64%) of U.S. companies will do…
Europe’s top court deals final blow to Brussels in Amazon tax case
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EU judges have stood by a court ruling that overturned a…