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Business
UniCredit lifts control of voting rights in Commerzbank to 28%
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UniCredit has gained control of about 28 per cent of the…
Elon Musk’s Montessori preschool reimagining education closer to fruition
Elon Musk is making yet another business move and this time he’s reimagining what education in the U.S. could be. The multi-billionaire has started funding Ad Astra, a…
AstraZeneca insiders expect sales dip in China after arrest of local boss
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.AstraZeneca’s sales in China have been hit by the arrest…
Elizabeth Warren wants answers from Trump over Elon Musk 'conflicts of interest'
Sen. Elizabeth Warren, D-Mass., is pursuing answers from President-elect Donald Trump on what ethical standards billionaire Elon Musk is being held to during the transition…
Best of Further Reading 2024: FT journalists pick their favourite non-FT articles of the year
Fearless. Authoritative. Iconic. There are many ways to describe The New Yorker magazine, which seems to have once again dominated the external reading habits of Financial Times…
Trudeau on the brink as ally, finance minister abruptly quits over Trump tariff threats
A weeks-long spat between President-elect Trump and Canadian Prime Minister Justin Trudeau continued late on Monday after the U.S.’ northern neighbor saw the abrupt departure…
David Bonderman, 1942-2024, private equity’s globetrotting rock star
When Texas Pacific Group hosted its annual investor meetings, co-founder David Bonderman insisted they not be the dry private equity seminars held by New York rivals in hotel…
FTC bans 'bait-and-switch' hidden fees for hotel and event tickets
The Federal Trade Commission (FTC) on Tuesday announced it finalized a new junk fees rule that seeks to prohibit the use of bait-and-switch pricing and other tactics that hide…
Unionized Starbucks workers vote to authorize a strike
Unionized Starbucks workers voted to authorize a strike. "BREAKING: 98% of SBWU baristas voted to authorize a ULP strike if necessary – just DAYS before our emergency…
Defence bounty eludes the UK’s Chemring
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Raging wars and ramped up defence budgets are swelling…