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Business
Could the ‘trustbusters’ be making a comeback?
One scoop to start: Activist investor Cevian Capital has taken a €1.2bn stake in UBS, betting that the Swiss bank can double its valuation over the next three to five years.And:…
NCAA volleyball player refuses to stay silent as trans athletes puts women’s opportunities ‘at risk’
One college volleyball player is following in Riley Gaines' footsteps and refusing to let the sports industry fail female athletes as biological males infringe upon their…
Signa puts Chrysler Building up for sale in urgent effort to raise cash
Signa Holding is in negotiations to sell half of New York’s Chrysler Building to urgently raise cash, the collapsed European property company’s administrator has said, as he warned…
These are the most affordable cities to buy a home in 2024: Realtor.com
Homebuyers could be in store for some relief in 2024 as mortgage rates are predicted to continue dropping while sales volumes are expected to jump to 5.3 million over the next…
UBS/Cevian: Swiss wealth manager needs to aim sky high
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Scaling mountains requires determination, skill and luck.…
Atlanta suburb becomes first to test underground consumer delivery system
Garrett McCurrach, CEO of Pipedream Labs, has set his sights on making delivery cheaper and more efficient for everyday consumers. Last week, he got one step closer to that…
India’s Tata sets sights on food and drink deals
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.India’s Tata conglomerate is on the hunt for food and…
Housing starts unexpectedly surge in November as mortgage rates fall
New U.S. home construction roared back to life in November as falling mortgage rates helped to draw consumers back into the housing market. Housing starts surged 14.8% last…
Eurozone banks must prepare for ‘more volatile’ funding sources, warns ECB
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Eurozone banks must prepare for the risk of funding…
Ships turning off tracking systems to avoid Red Sea attacks: report
Some ships traveling through the Red Sea are now turning off their tracking systems to avoid being attacked by Yemen’s Iran-backed Houthi rebels, a report says. The evasive…