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Business
US envoy suggests frozen Russian assets could be ‘easy source of financing’ if approved by G7
A United States diplomat believes frozen Russian assets could be an easy source of funds for Ukrainian defense efforts — if the rest of the G7 signs off. U.S. Special…
Morgan Stanley quarterly profits slide as wealth management costs rise
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Morgan Stanley profits fell almost a third in the fourth…
Lockheed Martin officially introduces supersonic X-59 plane with NASA
Lockheed Martin officially introduced its experimental X-59 plane with NASA late last week. The supersonic aircraft, which debuted Friday at a joint event in California, was…
Polish truckers to lift border blockade with Ukraine
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Polish truckers have agreed to suspend a border blockade…
The housing shortage is finally starting to ease
The number of homes for sale on the market rose for the second straight month in December as a severe housing shortage finally begins to ease. A new report from Realtor.com…
More Heathrow shareholders plan to sell stakes
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Several shareholders in Heathrow that between them own 35…
Microsoft launches subscription-based chatbot, AI Copilot Pro for $20 a month
Microsoft announced on Monday the launch of a new subscription-based version of its Copilot aimed at providing a more powerful artificial intelligence (AI) tool to consumers.…
Shell agrees to exit Nigerian business for $1.3bn after more than 60 years
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shell has agreed to sell its onshore oil production…
Reddit users weigh in on which items’ high prices shock them most at the grocery store
A popular Reddit thread asking users to reveal which items have given them the most sticker shock in the past few years was flooded with responses from users flabbergasted by…
General Atlantic to buy UK’s Actis in bet on infrastructure growth
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US private equity group General Atlantic has agreed to…