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Business
Blackouts spark fears of grid ‘collapse’ in Brazil’s biggest city
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.São Paulo faces the collapse of its electrical grid…
Solar eclipse: Airbnb rentals 90% booked along path of totality
Airbnb's business surged in recent weeks as people booked up places in time to watch the historic solar eclipse on Monday. Airbnb said listings are nearly 90% booked for the…
The great American transport crisis tells us something
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Transport in America is having a crisis moment. You can…
US banks warn Paris cost of dismissing traders will harm financial hub ambitions
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Wall Street banks have warned that their next wave of…
Josh Shapiro warns Joe Biden gas stance could hurt election hopes
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Joe Biden’s ban on new US natural gas exports has become…
Powerball jackpot sits at $1.3 billion, fourth largest in game history
The Powerball jackpot ballooned to an estimated $1.3 billion with a cash value of $608.9 million for Saturday night's drawing. The winning numbers Saturday night were: 22, 27,…
Flutter ditches plan to hire Deloitte after move to US listing
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Flutter has backtracked on a plan to replace…
Rise and fall of Diddy's Sean John fashion empire amid federal investigation
Sean "Diddy" Combs' status as a mogul is wavering in the wake of the raids on his homes in Los Angeles and Miami as part of a human trafficking investigation, in addition to…
The former rugby lawyer shaking up the world of private credit
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Paul Weightman is no stranger to high-profile corporate…
China’s stockbrokers suffer pay cuts as markets decline
Stay informed with free updatesSimply sign up to the Chinese business & financemyFT Digest -- delivered directly to your inbox.Top executives at China’s biggest brokerages…