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Business
Consumers want credit products despite high interest rates: TransUnion
The high interest rate environment has done little to dampen the appetite for credit products, a recent TransUnion report said. The report said that in the first quarter of…
FirstFT: EU to push ahead with tariffs on Chinese EVs despite German opposition
Good morning. Today, the EU is pushing ahead with Chinese electric vehicle tariffs that are set to bring in more than €2bn a year, despite opposition from Germany.The European…
Rent prices are stagnating, suggesting high inflation may stick around
Once-rapid declines in rental prices are stalling out, a sign that high inflation could be here to stay. A new report published by Realtor.com shows that rents declined for…
Waitrose readies for change
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.If there is a sign that Waitrose has been finding its…
Oil may rise to $86 per barrel due to 'solid summer demand': Goldman Sachs
Oil prices are expected to rise to about $86 per barrel due to "solid summer demand" as the driving season heats up, according to a report by Goldman Sachs analysts. The…
EU to impose multibillion-euro tariffs on Chinese electric cars
Stay informed with free updatesSimply sign up to the Trade disputesmyFT Digest -- delivered directly to your inbox.Brussels is pushing ahead with Chinese electric vehicle tariffs…
Teamsters union president gives update on heated exchange with GOP senator: We could've acted differently
After nearly coming to blows during a hearing on Capitol Hill in November, Teamsters President Sean O’Brien says he met with Sen. Markwayne Mullin, R-Okla., following the…
Airplane passengers endure 9-hour 'flight to nowhere'
A British Airways flight on its way to Texas recently crossed the Atlantic Ocean – and immediately went right back. British Airways Flight 195 departed from Heathrow Airport…
Mercer agrees to buy £50bn pension company Cardano
Stay informed with free updatesSimply sign up to the Pensions industrymyFT Digest -- delivered directly to your inbox.Consulting group Mercer has agreed to buy pension manager…
Chiquita must pay Colombian families $38.3 million, Florida jury says
Chiquita Brands International must pay $38.3 million in damages to the families of eight Colombian men killed by a paramilitary group in that country, a Florida jury said on…