McKinsey challenges graduates to use AI chatbot in recruitment overhaul
Candidates in pilot assessed on how they prompted consulting firm’s AI assistant and ability to adapt responses
Finance
Japan’s Sanae Takaichi to call snap election
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s prime minister Sanae Takaichi is to hold a snap general election, her coalition partner has said, as she seeks to convert her high public approval ratings into a clear majority for her ruling Liberal … Read more
Coca-Cola scraps Costa Coffee sale after bids fall short
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Coca-Cola has ditched plans to sell Costa Coffee after bids from private equity suitors fell short of its expectations, marking the latest setback in its ownership of the struggling UK coffee shop chain. The US … Read more
Advertising group Dentsu’s push to sell global unit close to collapse
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Advertising group Dentsu’s efforts to sell its international operations are close to collapse after potential trade buyers and private equity suitors walked away from talks, in a development that is set to intensify pressure on … Read more
China blames US for trade imbalances as surplus hits record $1.2tn
Stay informed with free updates Simply sign up to the Chinese trade myFT Digest — delivered directly to your inbox. China blamed the US for growing global trade imbalances as the world’s second-biggest economy reported a record full-year trade surplus of $1.2tn for 2025 despite President Donald Trump’s trade war. The huge surplus will inflame … Read more
BP warns of $4bn-$5bn impairment charge in green energy business
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. BP is writing down the value of its green energy businesses by $4bn-$5bn after a series of setbacks and as new management tries to pivot back to oil and gas. The FTSE 100 … Read more
Strong UK offshore wind auction boosts plan to decarbonise by 2030
Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. The UK government has awarded state subsidy contracts to 8.4 gigawatts of planned offshore wind projects, beating analysts’ predictions and boosting its goal of decarbonising the power system by 2030. Officials said on Wednesday they … Read more
IMF presses governments to step up support for workers displaced by AI
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The rise of AI is already hitting pay and employment in occupations exposed to automation, research from the IMF has found, as it urged governments to give more support to workers who lose their jobs … Read more
New Zealand central bank chief rebuked over support for Federal Reserve’s Jay Powell
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. New Zealand’s foreign minister has publicly reprimanded Anna Breman, the central bank governor, after she signed a letter of support for Federal Reserve chair Jay Powell alongside other global reserve bank leaders. Breman, the Swedish … Read more
The Maga war on European democracy
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US national security strategy published in December singles out the failings of its European allies. Its text is brutal. It claims that Europe’s “economic decline is eclipsed by the real and more … Read more