Finance

Finance

The new rules of finance, courtesy of Elon Musk

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It’s a sign of the times that the largest merger in corporate history — Elon Musk’s splicing together of rocketmaker SpaceX and xAI, his AI outfit — is the union of two private companies. But … Read more

Finance

Former prince discussed with Jeffrey Epstein ways to get round investment rules

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The former Prince Andrew, Andrew Mountbatten-Windsor, discussed ways round restrictions on his making investments while an official UK trade representative and shared official documents from the role with Jeffrey Epstein, files released by the US … Read more

Finance

Iranian gunboats challenge US-flagged tanker in Strait of Hormuz

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A US-flagged tanker was challenged on Tuesday by Iranian gunboats as it travelled through the Strait of Hormuz, days ahead of talks between the Trump administration and the Islamic Republic following US threats … Read more

Finance

The Epstein rot goes deep

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The Epstein files offer America the opposite of closure. They are the latest widening of a scandal that has become a leitmotif of our time — not only because half the material remains … Read more

Finance

French prosecutors raid Elon Musk’s X offices in Paris

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s X offices in Paris were raided by French and European investigators on Tuesday, following a public outcry over how its Grok chatbot spread sexualised images of women and children. French prosecutors also summoned … Read more

Finance

Walmart’s market value hits $1tn

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Walmart’s market capitalisation has surpassed $1tn, putting the largest US retail chain in an exclusive club dominated by tech groups. The Arkansas-based company reached the milestone on Tuesday, capping a rally in which its shares … Read more

Finance

Peter Mandelson set to quit House of Lords

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lord Peter Mandelson is poised to quit the House of Lords, according to people familiar with the situation. The Speaker of the House of Lords is expected to make a statement saying that Mandelson will … Read more

Finance

Disney says parks chief Josh D’Amaro to succeed Bob Iger as CEO

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Disney has named 28-year company veteran Josh D’Amaro as its next chief executive, bringing an end to an internal battle over who will succeed longtime boss Bob Iger.  D’Amaro, who heads Disney’s theme parks business, … Read more

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