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Business
Charlie Munger, friend and business partner of Warren Buffett, dead at 99
Berkshire Hathaway announced the passing of Charlie Munger, the billionaire and vice chairman of the company, as well as longtime partner of Warren Buffett. According to the…
National Grid to pay households to use less power as cold snap hits UK
Stay informed with free updatesSimply sign up to the UK energymyFT Digest -- delivered directly to your inbox.Britain’s electricity grid operator will pay households to reduce…
Thanksgiving weekend shopping: Record numbers made purchases at stores, online
The National Retail Federation (NRF) reported Tuesday that record number of people – over 200 million – shopped online and in-store over the holiday weekend, underscoring the…
Climate change A to Z: an FT jargon buster
Adaptation Making changes to deal with the effects of climate change — both now and in the future. This includes building infrastructure such as flood and fire defences, developing…
Home prices continued ascent in September despite soaring mortgage rates: Case-Shiller
Home prices showed no signs of slowing in September despite the record-high mortgage rates that rendered housing unaffordable for many Americans, according to the latest S&P…
Swedish property: value gap is a hygge mugger for bank stocks
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Financial regulators have delivered a warning to Swedish…
AI may be greater threat to wages than jobs, European study finds
The rapid emergence of AI technology has fueled fears that people could lose their jobs to a deep learning machine that can perform their tasks more efficiently. However, new…
Fidelity and Abrdn agree £1.2bn China trust merger
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two investment trusts have agreed to merge their…
Amazon says Black Friday, Cyber Monday sales event was its ‘biggest ever’
Amazon has announced that its Black Friday and Cyber Monday holiday shopping event that kicked off around a week before Thanksgiving was its "biggest ever" compared to the…
Rolls-Royce: bold targets keep engine maker flying
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The turnaround plan at Rolls-Royce is picking up speed.…