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Companies shift business focus to wealthy customers as lower-income consumer spending stalls
From airlines, retail giants, and restaurants, industries are increasingly tailoring their offerings to appeal to higher‑earning customers as they continue to take up a…
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Bankers learn of firings via premature email to hand back their laptops
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.ANZ has issued an apology and offered psychological…
Nvidia’s $50bn China opportunity, TSMC dumps China tools
Hello from Yifan in Silicon Valley, your #techAsia host this week.It’s been a busy week for the chip industry. In addition to anxiously waiting for the long-threatened…
Meituan shares plunge as China’s delivery price wars escalate
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.China’s leading food delivery company Meituan said its…
Lynas to raise $538mn to expand non-Chinese rare earths supply
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The world’s largest non-Chinese rare earths miner is…
Meta says Taylor Swift and Travis Kelce post shatters Instagram records with engagement photos
Meta announced Thursday that a collaborative Instagram post from pop star Taylor Swift and NFL star Travis Kelce shattered platform engagement records, amassing one million…
Rebuilding Ukraine is an opportunity for European companies
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ending wars is hard: 40 per cent of conflicts peter out…