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Business
LVMH’s Bernard Arnault emerges as personal stakeholder in Richemont
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bernard Arnault, the billionaire founder of luxury goods…
Elvis Presley’s iconic blue suede shoes set for auction
Elvis Presley’s original blue suede shoes that the late singer rocked on stage and television are set to be auctioned off on Friday. Bidding on the iconic pair of shoes will…
China is an open goal for Novo Nordisk’s obesity drug
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In China, as in many other countries, slimness is an…
Ice cream products recalled after listeria revealed in testing
Nearly 70 ice cream products sold nationwide are being recalled over concerns that they may be contaminated with listeria. Totally Cool Inc. of Owings Mills, Maryland, ceased…
Stellantis threatens to halt UK production over EV targets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Vauxhall owner Stellantis has warned it could stop…
Americans are saving more for retirement, but they're nowhere near the 'magic number'
Americans are stashing away more money than ever for retirement, but they remain a ways away from the "magic number" needed to retire comfortably. The average balance in…
English winemaker Chapel Down considers sale
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.England’s largest winemaker Chapel Down is considering a…
America's top restaurants for customer satisfaction
Inflation has made dining out more of a luxury these days, but despite higher prices, Americans' satisfaction with their restaurant experiences has actually risen a bit over…
Was QE worth it?
When they undertook quantitative easing, central banks created billions of dollars, euros, pounds and other currencies. They used the money to buy assets and are now divesting them…
Some UPS drivers still waiting for air conditioning in trucks as temperatures soar nationwide
Some UPS drivers are still waiting for air-conditioned trucks as some areas around the country face sweltering heat just days into the official summer season. Under the UPS…