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Business
These housing markets are expected to see double digit sales growth in 2024
U.S. housing markets that saw the biggest sales declines in 2023 are projected to achieve double-digit sales growth in the new year, according to data from Realtor.com.…
Chinese developer Evergrande wins more time for restructuring deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Hong Kong judge has delayed a decision on Evergrande’s…
Spotify to cut 17% of its workforce in 3rd layoff this year despite Taylor Swift’s success on the platform
Music streaming giant Spotify announced Monday that it will lay off around 1,500 employees, or 17% of its workforce, in an effort to further reduce expenses. The latest round…
Evergrande: liquidation would leave China with 1.5mn angry homebuyers
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.An abrupt turn of events has bought yet more time for…
10 budget-friendly holiday gift ideas for every recipient on your list
Looking to spread joy without emptying your pockets? Finding the perfect gift that's both thoughtful and budget-friendly can be a delightful challenge during the holiday…
US Supreme Court to consider if Purdue Pharma liability releases went too far
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US Supreme Court on Monday will weigh whether Purdue…
The deflation of ‘greenflation’
Stay informed with free updatesSimply sign up to the Energy sectormyFT Digest -- delivered directly to your inbox.Narratives are funny things. When they’re strong almost…
Roche to buy Carmot Therapeutics for up to $3.1bn as obesity drug market booms
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Roche is to acquire anti-obesity drug developer Carmot…
Tech CEO’s ambitious 5-year timeline for ‘competitive’ AI comes with caveats, experts argue
Nvidia CEO Jensen Huang predicted that artificial intelligence (AI) will achieve thinking and learning at a "competitive" level to human beings within five years, but experts…
Brookfield’s $13bn bid for Origin Energy fails on shareholder vote
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shareholder opposition has thwarted a multibillion-dollar…