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Business
Saudi Arabia buys 49% of Rocco Forte’s luxury hotel chain
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Saudi Arabia’s $700bn Public Investment Fund is buying a…
Toyota explores UK investments after hybrid ban postponed
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Toyota is exploring two investments in the UK, including…
IRS move could carry hefty cost for some taxpayers
The Internal Revenue Service (IRS) is raising the stakes for those who underpay their taxes by ratcheting up the interest penalty that will be assessed in next spring’s tax…
Alaska Airlines acquires Hawaiian Airlines in $1.9 billion deal
Alaska Airlines announced that it will be merging with Hawaiian Airlines after acquiring the company in a $1.9 billion deal. Both companies made the announcement on Sunday,…
DC pizza shop owner fed up over city’s crime: ‘Fallen into anarchy’
The owner of a pizza restaurant in Washington, D.C., is fed up with rising crime and its impact on business, saying the nation’s capital city has "fallen into anarchy." Mariya…
What Farage vs Coutts tells us about clashes over companies’ values
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In the latest in a series of business-school-style…
US probes 73,000 Chevrolet Volt cars over loss of power, issues restarting
A leading U.S. auto safety regulator on Friday announced an investigation into 73,000 Chevrolet Volt plug-in hybrid cars over reports that they may abruptly lose power, fail…
Executive MBA alumna’s personal energy transition
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.By the time Esther Hardi confirmed she was going to…
US warship and commercial vessels attacked in Red Sea, says Pentagon
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A US warship and several commercial vessels came under…
Boeing eliminated from Air Force’s ‘Doomsday Plane’ competition
Boeing is no longer in the running to deliver the U.S. Air Force’s successor to the E-4B Nightwatch as the service looks to select its next-generation "Doomsday plane." Boeing…