Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The BBC is trying to get Donald Trump’s $10bn defamation lawsuit thrown out of court on the basis that the Panorama documentary at the centre of the claim was not available in the … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Global central bank chiefs said they “stand in full solidarity” with Jay Powell, in an unprecedented show of support after US authorities opened a criminal investigation into the Federal Reserve chair. Central bank … Read more
Balderton Capital has cashed out roughly $2bn of its Revolut stake over the past year, cementing its early £1mn investment in the fintech as one of the most lucrative bets in European venture history and capping an exceptional year for the London firm. The stock sales include $1bn worth that people familiar with the matter … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UBS chief executive Sergio Ermotti is planning to step down in April 2027, firing the starting gun on the race for one of the biggest jobs in global banking. Ermotti, who returned to run UBS … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. King of Kings: The Fall of the Shah, the 1979 Iranian Revolution and the Unmaking of the Modern Middle East by Scott Anderson The story of the 1979 Islamic revolution, told over several decades and … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Wellcome Trust, one of the world’s wealthiest charitable foundations, is holding elevated levels of cash, citing concerns over record-high equity markets. The Trust, which manages nearly £40bn and funds research to tackle global health … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japanese stocks surged to an all-time high and the yen tumbled to a 19-month low as markets bet that a possible snap election next month would reignite the “Takaichi trade”. The Nikkei 225 stock index … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is a longtime Silicon Valley investor What do you do if you occupy a powerful position in a state with the highest personal income tax rate in the US? If you’re … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Coutts, the centuries-old bank to Britain’s elite, is in talks to offer Ares and Apollo funds to its customers, as wealth managers rush to capitalise on the glut of investment by rich individuals into private … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. “The ChatGPT moment for general robotics is just around the corner,” Nvidia’s Jensen Huang said in January last year. This January he said the ChatGPT moment for physical AI was “nearly here”. ChatGPT was the … Read more