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Business
Asda sales rise amid cost of living squeeze
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Asda reported an increase in sales and profits last year,…
Boomer small business owners retiring could mean golden opportunity for younger Americans
For years, studies have projected a wave of small businesses will change hands in the U.S. as a "silver tsunami" of aging baby boomer entrepreneurs retire. But the pandemic,…
UK biotech signs $1bn deal to develop liver disease drugs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.German pharma group Boehringer Ingelheim has struck an up…
Covid vaccine makers to clash in London over mRNA patent dispute
Moderna will clash with Pfizer and BioNTech in a pivotal London patent trial over the development of Covid-19 jabs that will help determine who pioneered the technology behind the…
Bridgepoint considers sale of Swedish drinks maker Vitamin Well
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bridgepoint has appointed advisers to explore options…
Small businesses face punitive charges from new Brexit border fees
Small and medium-sized importers of food and plants from the EU will face punitive monthly charges running into tens of thousands of pounds when post-Brexit border checks come into…
‘Debanking’ complaints to UK financial ombudsman surge
Stay informed with free updatesSimply sign up to the UK banksmyFT Digest -- delivered directly to your inbox.Complaints about “debanking” in the UK have surged in the past year as…
Tesla slashes price for Full Self-Driving software
Electric vehicle-maker Tesla announced Saturday that it cut the price of its Full Self-Driving (FSD) driver assistant software by one-third as the company reaffirmed its…
Live news: Boeing and Airbus to report earnings this week
It’s a busy week for results with a smorgasbord of companies reporting quarterly results, including more of the Magnificent Seven, or Big Tech gang, whose ability to drive up US…
S&P cuts Israel's credit rating amid Middle East conflict
S&P Global Ratings on Thursday cut key short- and long-term credit ratings for Israel amid the country's ongoing conflict with Hamas and its recent confrontation with…