Finance

Finance

Waymo in talks to raise funds at $100bn valuation

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Waymo, the Alphabet-owned self-driving car company, is in talks with investors for a funding round that would value the company at more than $100bn as it gears up to deploy in more big cities. The … Read more

Finance

Donald Trump expands US entry ban to include Palestinians and Syrians

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The Trump administration has expanded its ban on entry into the US to people holding passports issued by the Palestinian Authority, Syria and six other countries, citing national security and public safety concerns. … Read more

Finance

Wall Street rainmakers scrap for windfall from Warner Bros deal

Some of Wall Street’s biggest rainmakers are vying for a windfall as the Paramount-Netflix bidding war for Warner Bros Discovery reaches a climax, capping a blockbuster year for mergers and acquisitions. Centerview’s Blair Effron, Evercore co-founder Roger Altman and recently appointed Moelis chief executive Navid Mahmoodzadegan are among the bankers advising on one of the … Read more

Finance

Warner Bros to rebuff $108bn Paramount hostile offer

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Warner Bros Discovery is planning to recommend to its shareholders as soon as Wednesday that they reject Paramount’s $108bn hostile bid, with the Hollywood group scrutinising assurances that Oracle co-founder Larry Ellison will backstop the … Read more

Finance

Donald Trump has ‘alcoholic’s personality’ says chief of staff in tell-all interview

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 an “alcoholic’s personality”; JD Vance has been a “conspiracy theorist for a decade”; Elon Musk is an “odd, odd duck”. And the internal divisions were “huge” over Washington’s so-called liberation … Read more

Finance

UK set to rejoin EU’s flagship student exchange programme

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK is set to rejoin the EU’s Erasmus+ student exchange scheme, in the latest move by Sir Keir Starmer’s government to try to forge closer relations with the bloc. An agreement under which Britain … Read more

Finance

We urgently need to rebalance EU-China relations

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of France China’s trade surplus with the rest of the world now stands at a whopping $1tn. Its surplus with the EU has almost doubled to €300bn in 10 years. The combination … Read more

Finance

OpenAI hires George Osborne to spearhead global ‘Stargate’ expansion

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. OpenAI has hired former UK chancellor George Osborne to lead the start-up’s work building “democratic” artificial intelligence for the world. The architect of the former Conservative government’s austerity programme is set to play a key … Read more

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