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Business
Tesco and M&S emerge as winners from Christmas trading
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesco and Marks and Spencer have emerged as two of the…
December inflation report likely to show prices ticked higher last month
A closely watched inflation report due Thursday is expected to show that progress on fighting price pressures within the economy slowed in December. Economists expect the!-->-->…
Fall of Chinese shadow bank Zhongzhi highlights uncertainty over economy
Until last summer, there were few concrete links between a slowdown in China’s property sector and a domestic shadow banking industry that has for years supplied middle-class…
NASCAR-inspired Costco with one-of-a-kind design to open across Daytona International Speedway
A new Costco store will soon open in Daytona Beach, Florida — and it won't have the typical Costco look. The wholesale retailer is joining One Daytona — a retail, hotel and!-->-->…
Citadel Securities bids for Credit Suisse’s China business
Stay informed with free updatesSimply sign up to the Chinese business & financemyFT Digest -- delivered directly to your inbox.Citadel Securities has bid about Rmb2bn ($280mn)!-->!-->…
Elon Musk dings Boeing after Alaska Airlines scare: ‘Prioritized DEI hiring’
Elon Musk issued a warning to Boeing after they allegedly prioritized DEI hiring in recent years, as the Alaska Airlines incident made headlines this week. In a X post on!-->-->…
FirstFT: First spot bitcoin ETFs set to start trading in US
Stay informed with free updatesSimply sign up to the WorldmyFT Digest -- delivered directly to your inbox.Good morning.The first spot bitcoin exchange traded funds could start!-->!-->…
SEC clears way for Bitcoin ETFs in milestone for crypto market
They finally did it. The Securities and Exchange Commission has paved the way for retail investors to gain access to the world’s largest digital asset, Bitcoin, by approving!-->-->…
Belgium opens criminal probe into suspected Chinese spy
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Belgian authorities have opened a criminal investigation…
California Gov Gavin Newsom proposes state dip into Rainy Day Fund to close nearly $38B deficit
California Gov. Newsom on Wednesday proposed the state dip into its Rainy Day fund to close an anticipated $37.9 billion deficit. Newsom stopped short of calling California's!-->-->…