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Business
The deals that show how lucrative private equity deals can be
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a former investment banker and author of…
Top Fed official calls talks of March interest rate cut ‘premature’
New York Federal Reserve President John Williams pushed back against growing market expectations for interest-rate cuts, calling talks of a March reduction "premature." "We…
Second-hand luxury: handbag resale market tests pricing power
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Luxury handbags are not just for Christmas. They can be…
Costco sold $100 million in gold bars last quarter
Costco apparently made quite a bit of coin from gold bars in the first quarter, with many online customers having opened their wallets to score ounces of the precious metal.…
The Lex Newsletter: tech is in a battle of Epic proportions
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dear reader, It is growing increasingly difficult to keep…
Shein sued by rival Temu for ‘mafia-style intimidation’
Fast-fashion retailer Temu is suing rival Shein for allegedly using "mafia-style intimidation" tactics to keep its competitive edge in the market. Temu claims Shein leveraged…
Investors’ Chronicle: Chemring, RWS Holdings, Wincanton
BUY: Chemring (CHG)Order intake more than doubles to £358mn, but higher capex will weigh on short-term earnings growth, writes Michael Fahy.Although Chemring’s full-year numbers…
Disney World guests stuck on steep incline aboard Expedition Everest coaster for 30 minutes: report
Some Disney World tourists likely weren't experiencing the happiest or most magical day at the bustling theme park after a steep roller coaster got stuck, stranding guests for…
Entain interim chief wagers that worst turbulence has passed
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.As a former head of Scotch whisky group William Grant,…
Expecting a Christmas gift? FTC warns of fake shipping notification, invoice scams
Are you expecting the perfect Christmas gift to arrive at your doorstep? If so, the Federal Trade Commission (FTC) is raising awareness and warning shoppers around the…