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Business
Bakeries forced to hike costs, downsize Valentine’s Day treats as ingredient prices surge
This Valentine's Day is bittersweet for bakery owners as they grapple with sky-high ingredient prices and customers who are reluctant to pay more for the same product. "Last…
The Lex Newsletter: Let’s make a deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dear reader, Everyone expects dealmaking to pick up this…
Mortgage demand tumbles as interest rates rise to highest level since December
A key measure of home-purchase applications slumped last week amid a sharp increase in mortgage rates. The Mortgage Bankers Association's (MBA) index of mortgage applications…
Volkswagen to discuss future of Xinjiang operations with Chinese JV partner
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Volkswagen has responded to fresh allegations of having…
Fight breaks out aboard Southwest flight as witness praises bystander’s ‘conflict resolution’
A video appears to show two airplane passengers getting into a heated argument while onboard a flight — an argument that then led to a physical fight. A passenger named…
Brussels open to telecoms mergers to support investment
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brussels has signalled it is open to European telecoms…
Does ChatGPT give better career advice than your boss? Nearly half of Gen Z says yes
Providing employees with opportunities for growth in the workplace can be critical in building loyalty, which is something many employers could use these days in an age of…
Car-carrier line WW makes record profits on Chinese EV exports
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Wallenius Wilhelmsen, the world’s biggest operator of…
Foot Locker teams up with Nike, Jordan Brand to deliver The Clinic ahead of 2024 NBA All-Star Game
Foot Locker is making a big announcement ahead of the 2024 NBA All-Star Game with Nike and Jordan Brand. The global retailer is introducing The Clinic, a year-long program…
UK house prices fall for sixth month in a row, ONS data shows
Stay informed with free updatesSimply sign up to the UK house pricesmyFT Digest -- delivered directly to your inbox.UK house prices fell in the second half of 2023 driven by…