Business

Homeowner insurance premiums have increased by 55% in the last four years as losses build and insurers struggle to recoup costs, according to a recent report. In 2023 alone,…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The head of Spirit AeroSystems UK has warned the…

Mortgage rates dipped slightly this week for the first time since March, but remain above 7% as a home affordability crisis maintains its grip on the housing market. Freddie…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Italy’s Fincantieri is set to acquire the submarine unit…

Billionaire Palantir CEO Alex Karp recently described wokeness as the main threat to his tech company and America overall.  The outspoken executive made the statement during a…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Happy Thursday and welcome to US Election Countdown.…

General Motors will cease production of its iconic Chevrolet Malibu sedan.  The move comes as the Detroit-based automaker plans to revamp the Kansas facility where it makes…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Few outside of the energy industry and Scotland would…

Disney CEO Bob Iger indicated on Tuesday he has been involved in honing Marvel and other Disney studio output.  "I’ve – we’ve been working hard with the studio to reduce…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BYD aims to topple Volkswagen, Tesla and Stellantis and…