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Business
Thames Water appoints new chief executive
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Thames Water has appointed Chris Weston, former head of…
Jaw-dropping, larger-than-life Christmas decorations you have to see to believe
'Tis the season to show your holiday spirit — in the form of eye-catching decor. And while some of the items shown below could break the bank, the collection of conversation…
Asian riches push private bankers to up their game
Global wealth is shifting — with Asia leading the way, in terms of forecast growth in financial assets over the coming years, according to a recent report from Boston Consulting…
California’s extreme wildfires are leaving residents without home insurance options as climate risks increase
California reportedly had America’s most homes at risk for extreme wildfires in 2022 and the unexpected weather has some home insurance companies either not accepting new…
Asia-Pacific’s ETF industry is taking off, says Invesco executive
The Asia-Pacific region has not only become the fastest-growing exchange traded fund market in the world, but distribution is reaching a broader range of clients than in the US or…
Fed leaves interest rates unchanged again, signals three cuts coming next year
The Federal Reserve on Wednesday held interest rates steady for the third straight time, signaling that its nearly two-year battle against high inflation may finally be coming…
FirstFT: Russia’s economy would be 5% bigger if it had not invaded Ukraine, says US
Stay informed with free updatesSimply sign up to the WorldmyFT Digest -- delivered directly to your inbox.Good morning.Vladimir Putin’s war in Ukraine is damaging Russia’s…
Bezos’ Blue Origin to start flights again after more than a year
Blue Origin will soon use its New Shepard reusable rocket in what would be the spacecraft’s first flight since September of last year. That goal, which Blue Origin unveiled…
Can Royal Mail deliver Christmas?
Politicians, postal workers and the industry regulator have warned that Royal Mail is struggling to send post on time across the country, raising questions about the company’s…
Etsy will lay off 11% of its workforce, stock falls
Etsy shares took a hit Wednesday after the online marketplace announced a restructuring plan that includes laying off 11% of its workforce. The stock remained down more than…