Finance

Finance

Japan’s $580bn hidden asset? In the back of the cupboard

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan, collectively, has amassed a quite stupendous amount of stuff over the years. Very nice stuff, much of it; gleaming with brand names and in pristine condition.  At current second-hand market prices, says a new … Read more

Finance

BP picks Woodside boss Meg O’Neill as new chief executive

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP chief executive Murray Auchincloss has said he will step down after less than two years in the role, and will be succeeded by Meg O’Neill, head of Woodside Energy. Auchincloss said on Wednesday he … Read more

Finance

Who matters in the battle for Warner Bros?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A battle is reaching a fever pitch over the biggest acquisition of the year: Warner Bros Discovery.  Netflix first submitted an $83bn takeover offer of WBD’s streaming and studio assets, beating out Comcast and Paramount … Read more

Finance

Open source could pop the AI bubble — and soon

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is an open-internet activist and president of the Mozilla Foundation We cannot go a day without people asking: when will the artificial intelligence bubble pop and what will be the cause? I increasingly … Read more

Finance

Slowing inflation fuels concerns about a cooling UK economy

Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. The biggest undershoot in UK inflation in at least a year has added to signs of a cooling economy, economists warned on Wednesday, as households restrain spending and the labour market sputters.  November’s 3.2 per … Read more

Finance

inside Paramount’s hostile bid for WBD

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Warner Bros Discovery’s board on Wednesday told investors to reject Paramount’s $108bn hostile bid for the Hollywood media group, saying it was inferior to an $83bn deal agreed with Netflix. The letter from WBD’s board … Read more

Finance

Elon Musk makes an unhelpful cameo in Warner Bros buyout

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Faced with a $108bn bid backed by Oracle chair Larry Ellison, the directors of Warner Bros Discovery seem to have found themselves thinking of Elon Musk. The Tesla boss signed a merger agreement for social … Read more

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