Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK consumer confidence has been negative or flat for 10 years, underlining the impact of the Covid-19 pandemic, political upheaval and the cost of living crisis on Britons’ morale, according to a closely watched survey. … Read more
Annassi Hansen, a traditional Inuit carver, stares blankly at a chunk of narwhal tusk, a collection of uncut rubies and other rare Greenlandic minerals, unable to focus on transforming them into tiny figurines. “Trump makes me sick in the head,” he said from his ramshackle workshop in Nuuk, Greenland’s capital. “He just does not shut … Read more
A century ago, the economist Frank Knight argued in a book entitled Risk, Uncertainty and Profit that while some historical eras are shaped by measurable risks, others are plagued with unfathomable uncertainty. It is a distinction that has haunted the World Economic Forum this week. The Davos elites are generally skilled at measuring economic and … Read more
Stay informed with free updates Simply sign up to the European companies myFT Digest — delivered directly to your inbox. Shares in European ammunition maker Czechoslovak Group jumped 24 per cent on its trading debut in Amsterdam, underlining investor appetite for defence stocks as the region rushes to rebuild its military capacity. CSG’s share price … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Retail sales in the UK unexpectedly increased 0.4 per cent in December, snapping two months of declines, as consumers bought more jewellery online. The rise in sales volumes from the previous month, reported by the … Read more
US president backed off his threat of new duties on European economies after market tumult
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump has withdrawn an invitation for Mark Carney to join the “Board of Peace”, in an apparent snub just days after the Canadian prime minister warned that the rules-based international order was … Read more
Elite business forum draws record attendance but US president’s foreign policy fuels tension and walkouts
Stay informed with free updates Simply sign up to the Fintech myFT Digest — delivered directly to your inbox. Revolut has scrapped plans to buy a US lender and will instead apply for an American banking licence, betting that the Trump administration’s light-touch approach to approvals will be a faster route to growing its operations … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It can be easy to lapse into the view that the rise of liberal democracy over the past two centuries was an inevitable and natural part of humanity’s forward march — a one-way journey to … Read more