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Business
Student loan payments render the holidays unaffordable for many: survey
Soaring costs on everyday items have many Americans wishing they could skip holiday spending, particularly those who resumed paying student loans in October after a more than…
KKR takes full control of Global Atlantic as it rearranges its finances
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.US private equity group KKR is buying the remaining 37 per cent…
Royal Caribbean adds world’s largest cruise liner to lineup
Shipbuilder Meyer Turku recently provided Royal Caribbean with what has been called the world’s largest cruise liner. The transfer of ownership of the massive ship happened…
UK mortgage approvals beat forecasts to hit to 3-month high
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK mortgage approvals rose more than expected in October,…
Bipartisan group of more than 40 lawmakers call for restrictions on investments in China
More than 40 bipartisan lawmakers are calling for Congress to toughen restrictions on outbound investments in the People’s Republic of China (PRC) — which is under control of…
René Benko’s Signa property group files for insolvency
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Signa Holding, the central company in the sprawling…
Companies are cutting worker benefits to offset the sting of high inflation
Companies looking to cut costs to offset the pain of high inflation are quietly paring back the non-cash benefits they offer to employees – and the problem may soon get worse.…
Vietnam raises multinational corporate tax rate in blow to Samsung and Intel
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Vietnam will raise its tax rate in effect on…
IRS’ Venmo crackdown delayed but not dead this holiday season
The IRS just announced a regulatory rule delay that will provide stay-at-home moms and middle-class Americans a little relief this holiday season. Online transactions totaling…
UK watchdog accuses food brands of increasing prices by more than costs
Stay informed with free updatesSimply sign up to the UK inflationmyFT Digest -- delivered directly to your inbox.The UK’s competition watchdog has accused suppliers of branded…