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Business
Siemens Energy to restructure wind turbine business after steep losses
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Siemens Energy, the German clean energy company, reported…
Credit card balances grow $48 billion in the third quarter: NY Fed
Americans now owe $1.08 trillion on their credit cards after racking up a collective $48 billion in new spending during the third quarter of 2023, according to a recent report…
Alstom pursues asset sales after warning on cash flow
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Train manufacturer Alstom is seeking up to €1bn in asset…
YouTube requiring disclosure of AI-generated content, adding labels
YouTube is adding new rules surrounding content generated or manipulated by artificial intelligence, including labeling requirements. The Google-owned video platform announced…
FirstFT: Israeli military enters Gaza’s al-Shifa hospital
Stay informed with free updatesSimply sign up to the WorldmyFT Digest -- delivered directly to your inbox.Israeli forces have entered al-Shifa hospital in Gaza to conduct what the…
Powerball and Mega Millions hit $500 million combined
The jackpots of the Powerball and Mega Millions lotteries have reached $500 million combined, the latest instance of them reaching the half-way point to a collective $1…
US federal pension fund to exclude Hong Kong and China investments
Stay informed with free updatesSimply sign up to the US politics & policymyFT Digest -- delivered directly to your inbox.The main US federal government pension fund is to…
Record number of Americans moving to disaster prone areas
Places known for extreme weather are becoming popular destination spots. In fact, Sacramento and Las Vegas, which are known for severe heat, are the most popular destinations…
France strikes deal with EDF over power price curbs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The French government has reached a complex deal with…
Company behind Miss Universe files for bankruptcy after accepting transgender contestants
While the 2023 Miss Universe pageant, known for its inclusion transgender contestants, will still take place this Saturday, the JKN Global Group behind it filed for bankruptcy…