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Business
Bayer: cell therapy is a promising prescription
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bayer has lost a lot of ground since its disastrous 2018…
Utah sues TikTok, claiming platform harms kids, downplays China ties
The state of Utah is suing TikTok, alleging the social media platform is addictive to children and the company has deceptively downplayed its ties to China. Utah Gov. Spencer…
EU scraps competition law exemptions for shipping lines
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The EU has axed the shipping industry’s exemption from…
IMF says global economy ‘limping along’ as it faces new threat from Israel-Gaza war
The International Monetary Fund on Tuesday said the world economy is slowing amid ongoing threats from higher interest rates and the war in Ukraine and warned the tepid…
Philippine price ceiling adds to rice farmers’ insecurity
Fortunato Villanueva Jr is preparing to harvest unhusked rice this month from land he has worked for more than 30 years.The area where Villanueva works, Lupao, is filled with…
Billionaire hedge fund manager doesn’t want to hire Harvard students who blamed Israel for Hamas attacks
Billionaire hedge fund manager Bill Ackman called on Harvard to release the membership lists of more than 30 student groups that signed a letter blaming Hamas’ terror attacks…
UK housebuilders welcome Keir Starmer’s pledge to develop new towns
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Several of the UK’s biggest housebuilders welcomed Sir…
US automakers lay off hundreds more workers as UAW strike’s ripple effects grow
The United Auto Workers strike against Detroit's Big Three continues to hit production at the automakers, leading Ford, General Motors and Stellantis to each lay off more…
Birkenstock valued at $8.6bn after pricing IPO in middle of range
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.German sandal maker Birkenstock priced its shares at $46…
Larry Kudlow: Iran is the Hamas supply line
At last count, the Hamas-Hezbollah-Iranian barbarians have killed more than 1,000 Israelis, perhaps 3,400 people wounded and 14 Americans. Babies found beheaded, grannies…