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Business
China’s central bank chief warns of weaker credit growth as property lending declines
Stay informed with free updatesSimply sign up to the Chinese economymyFT Digest -- delivered directly to your inbox.China’s central bank chief has warned markets to expect weaker…
Fixing PG&E is one of America's most difficult CEO jobs
As a California wildfire was exploding in July to become the state’s second-largest ever, Patti Poppe made an executive decision. The chief executive of PG&E Corp. PCG …
Fisker’s ride from Apollo deal to bankruptcy
One not-so-golden float to start: Italian luxury sports brand Golden Goose, famous for its distressed-looking trainers popular among celebrities such as Taylor Swift, has postponed…
'Buy now, pay later' becomes popular in time for the holiday season
As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments. Fueled by several hot…
The dark side of tokenisation
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a law professor at the American University…
Majority of US hotels are understaffed ahead of summer rush
Many vacationers headed to hotels this summer might not see the full array of services typically offered as staffing shortages have led to a domino effect in a lack of…
Canary Wharf chair George Iacobescu to step down
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir George Iacobescu will step down as chair of Canary…
Vaccine mandate firings cascade as employers face toughest labor market in years
Private companies and public employers are continuing to lay off unvaccinated employees this month, as vaccine mandates proliferate and many employers struggle to fill open…
ETFs could seize half of current US mutual fund assets, says Citi
The rapidly growing exchange traded funds industry could seize half of the money currently held by long-term US mutual funds in the coming decade, according to estimates by Citi.US…
Nvidia topples Microsoft as world's most valuable company
Chipmaker Nvidia is now the world’s most valuable company, unseating Microsoft as investors bet its AI dominance will remain unmatched for now. Ticker Security Last Change…