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Business
UBS hit with $400mn of Credit Suisse-linked property costs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UBS has been hit with $400mn of real estate costs tied to…
OpenAI’s Sam Altman opens up about shock firing
After being reinstated as CEO of OpenAI following his shocking termination, Sam Altman is sharing what it felt like when he was terminated by the former board of the!-->-->…
Chanel braces for ‘tougher’ year ahead, fashion chief warns
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chanel is bracing for a “tougher” 2024 as the luxury…
New report shows Russia raking in revenue from state nuclear company
A new report released by the Foundation for the Defense of Democracies (FDD) highlights how Rosatom, Russia’s state nuclear energy corporation, remains a major revenue source!-->-->…
PwC UK imposes restrictions on business-class travel
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.PwC has imposed restrictions on its UK partners flying…
Millennials, boomers talk grandparents raising grandchildren
While baby boomers are out enjoying retirement, some millennial are feeling abandoned by their parents who are too busy to help raise their kids. FOX Business' Lydia Hu took!-->-->…
High inflation has Americans cutting back on holiday spending, poll finds
Inflation may be the Grinch who stole Christmas this year as most Americans say higher prices have led to cutbacks in holiday spending. A Monmouth University Poll released!-->-->…
US economy adds 199,000 jobs in November, unemployment rate unexpectedly falls
U.S. job growth continued to chug along at a healthy pace in November, suggesting that the labor market remains resilient even in the face of higher interest rates, stubborn!-->-->…
The Premier League’s £6.7bn payday
Saudi-backed LIV Golf’s awkward détente with the PGA Tour just got more awkward. The oil-rich Gulf state’s $700bn Public Investment Fund has armed LIV with all the resources needed…
Harrison Ford’s blaster from ‘Star Wars: A New Hope’ sets Guinness World Record at auction
Han Solo's blaster prop gun has made history. During an auction held by the Rock Island Auction Company (RIAC) in 2022, the blaster Harrison Ford used when portraying Han!-->-->…