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Business
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…
Ageing computers pose obstacle on the UK’s path to decarbonisation
Welcome to Energy Source, coming to you today from London where energy executives, traders and reporters are all studying tanker traffic in the Red Sea for signs of disruption.This…
Over one-third of US companies will not give year-end bonuses, survey says
Companies are wrapping up the calendar year, and according to a survey from Challenger, Gray & Christmas, the share of firms that will not give out end-of-year bonuses hit…
Meta faces accusations over content moderation in Israel-Hamas conflict
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Meta has been accused of being too heavy-handed in its…
Higher contribution limits are coming for 401(k)s and IRAs next year
Americans can set aside more money for retirement in their 401(k) and other tax-deferred plans next year as they continue to battle still-high inflation. Beginning in 2024,…
Hipgnosis Songs Fund delays results over asset valuation concerns
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hipgnosis Songs Fund has delayed the release of its…
Google to pay $700M in antitrust settlement over Play Store dispute
Google has agreed to pay $700 million and to allow for greater competition in its Play Store to settle allegations that it had been stifling competition against its Android…
Michael Gove threatens to strip councils of planning authority
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Michael Gove has threatened to strip local authorities of…
Organizations in Washington, Connecticut helping create qualified workers for jobs in maritime industry
The maritime industry is booming from coast to coast, but the need for workers remains a battle for most companies as leaders believe there isn't much awareness of the…