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Business
US energy groups spend record sums on power plants to feed data centres
US energy companies are pouring record sums into building power plants and transmission lines to meet electricity demand from data centres, raising concerns that the costs may be…
Late game show legend Bob Barker's former Hollywood home hits market for $8 million
The late Bob Barker's longtime Los Angeles home is on the market. The former "The Price is Right" host's home in the Hollywood Hills is on sale for $8.19 million in…
Get ready to embark on a new era of financial repression
Stay informed with free updatesSimply sign up to the Global EconomymyFT Digest -- delivered directly to your inbox.The trade war unleashed by Donald Trump may be just the…
Microsoft expands gaming horizons through strategic Meta Quest 3S Xbox Edition partnership amid console wars
Microsoft and Meta have teamed up to bring a limited-edition Meta Quest 3S Xbox edition. Amid the console wars continuing to heat up with the highly successful and…
Insurance needs $1tn from private equity to close gaps, says Aon chief
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The insurance industry needs to attract $1tn in…
US holidaymakers descend on Europe as overtourism fears mount
Europe’s tourist hotspots are braced for a record number of visitors this summer as holidaymakers spurn the US and the Middle East, adding to growing concerns about overtourism on…
Hong Kong IPO boom challenges the city’s critics
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Against the odds, Hong Kong is back challenging for the…
AirAsia plans Gulf hub and new European destinations this year
Stay informed with free updatesSimply sign up to the AirlinesmyFT Digest -- delivered directly to your inbox.AirAsia plans to open a Gulf hub this year and extend its flight…
Bacardi scion: pressure on alcohol industry ‘might hurt others — not us’
Bacardi has brushed off the threat of moderating alcohol consumption and signalled that it has no plans to pursue asset disposals, despite the gloom that pervades the spirits…
New York’s quirky mayoral vote recalls a lost corporate tradition
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The unusual thing about last week’s New York Democratic…