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Business
Thames Water bills likely to rise as UK ministers try to save company
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ministers have accepted that Thames Water bills will have…
Baltimore disaster could see record insurance payouts — but it’s complicated: expert
The total insurance payouts that will come as a result of the Francis Scott Key Bridge collapsing in Baltimore will likely run into billions of dollars and could end up being…
How basketball’s biggest star is changing women’s sport
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In recent months, the star power of one basketball player…
Texas AG launches probe into Boeing supplier operations, DEI commitments
Texas Attorney General Ken Paxton on Thursday announced an investigation into Boeing parts supplier Spirit AeroSystems regarding its operations, as well as the company's…
The implosion in luxury ecommerce
In early November, a group of around 20 top managers from luxury group Kering and British online retailer Farfetch gathered in the Paris-based group’s elegant board room. …
Tesla has new competition with a Chinese EV priced lower than Model 3
Tesla is getting some more EV competition in China. It is coming from Xiaomi, a Chinese consumer electronics company that officially introduced its electric SU7 sedan during a…
Boeing faces 'pivotal moment,' new airplane chief says
Stephanie Pope, Boeing's newest airplane chief, told staff that the company faces a "pivotal moment" as it tries to ease concerns from regulators and rebuild its reputation…
Netflix adaptation of sci-fi novel ‘The Three-Body Problem’ sparks anger in China
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In the opening scenes of Netflix’s 3 Body Problem, an…
United Airlines Boeing 777 diverts due to engine issue
A United Airlines flight diverted after experiencing an engine issue, marking the latest in a string of incidents impacting the carrier. United Flight 990 from San Francisco…
Why hedge fund Elliott is locked in a bitter legal fight over AC Milan
AC Milan’s record-breaking sale by Elliott Management in 2022 was proof the football club had completed a remarkable turnaround under the US hedge fund’s stewardship.The Italian…