Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Activist investor Bill Ackman has taken a stake of more than $2.3bn in the ride-share company Uber, snapping up shares that he said were priced at a “massive discount”. Ackman announced the new stake after
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has launched another attempt to reboot his ailing UK government at a six-hour cabinet meeting, held against a bleak economic backdrop and crumbling public support. The prime minister admitted his administration had
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump announced Nippon Steel had abandoned its plan to buy US Steel but would “invest heavily” in the iconic Pittsburgh producer. At a joint press conference with Japanese Prime Minister Shigeru Ishiba
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The EU will offer to cut tariffs on US car imports as part of a deal to avoid a trade war with Donald Trump, according to a senior lawmaker. Bernd Lange, who heads
Donald Trump’s plans for the US to take over Gaza have been met with anger and dismay across the Arab world, and raised fears of reigniting conflict in the region. The US president said on Tuesday evening the US should “take over” the devastated Gaza Strip, swaths of which are in ruins after more than
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump’s crackdown on tariff-free access for small goods could threaten the business models of Chinese ecommerce groups Shein and Temu by raising their costs while benefiting Amazon, analysts said. The US president imposed an
China has announced tariffs on a swath of US imports and opened an antitrust probe into Google in retaliation against Donald Trump’s new tariffs. Beijing unveiled additional tariffs of between 10 and 15 per cent on US liquefied natural gas, coal, crude oil and farm equipment, which it said would take effect on February 10.
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US consumers face the possibility of higher prices for popular goods such as tomatoes, avocados and tequila following Donald Trump’s decision to slap tariffs on imports from China, Mexico and Canada. The potential
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The EU has said it regrets US President Donald Trump’s decision to hit Canada, Mexico and China with sweeping tariffs, and said it would respond firmly if a threat to expand the trade
Donald Trump has long declared himself a “tariff man” willing to impose sweeping levies on imports from countries that have hurt America. But on Saturday, the 78-year old US president took the first dramatic step of his second term towards putting that vision into practice — placing trade wars and economic nationalism at the top
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Canada’s former finance minister Chrystia Freeland has said Ottawa should retaliate to any US tariffs by adding huge levies on Tesla vehicles to punish Elon Musk, one of Donald Trump’s “billionaire buddies”. Freeland,
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US will go ahead with plans to hit Canada, Mexico and China with new tariffs, the White House has said, heightening the risks of a trade war. Washington will hit Canada and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple revealed quarterly results that slightly exceeded Wall Street expectations, but iPhone sales were flat on the previous year as the company battles rising competition from local device makers in China. Apple on Thursday reported
Bank of Canada governor Tiff Macklem said the central bank’s projections showed US tariffs would probably put Canada into a recession. BoC modelling, based on a scenario in which the US imposes permanent 25 per cent tariffs on every one of its trading partners and those nations respond in kind, shows a likely 2 per
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. A frantic sell-off of energy and infrastructure shares this week after advances in artificial intelligence by Chinese start-up DeepSeek shows how little is understood about the power demands of AI, the International Energy Agency has
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US federal agencies are set to freeze the payment of hundreds of billions of dollars of domestic federal grants and loans on Tuesday in President Donald Trump’s latest aggressive move to slash and
OpenAI chief executive Sam Altman said he would fast-track product releases and “deliver much better models” after the release of a powerful new model by Chinese start-up DeepSeek undermined Silicon Valley’s lead in a global artificial intelligence arms race. DeepSeek’s generative AI chatbot, a direct rival to ChatGPT, is able to perform some tasks at
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Last Monday, as the newly sworn-in President Donald Trump announced the US government would now only recognise two genders, male and female, a triumph of corporate diversity was being applauded, loudly, in Davos.
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US diplomats have requested an urgent exemption for Ukraine-related programmes from a 90-day freeze on foreign aid and “stop work” orders issued by secretary of state Marco Rubio, according to documents seen by
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world One of Donald Trump’s most controversial cabinet picks has been narrowly confirmed by the US Senate to head the Pentagon, despite allegations of sexual assault and alcohol abuse. Pete Hegseth will become US
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