Labour indicates Greens on course to win key by-election

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour has indicated it is on course to lose the Gorton and Denton by-election to the left-wing Green Party, dealing a severe blow to UK prime minister Keir Starmer. “We think the Greens have won,” … Read more

English Premier League to launch streaming service in international shake-up

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The English Premier League will launch its own streaming service in Singapore this year and may roll it out to other countries, marking the first time the world’s most popular club football competition will sell … Read more

Private credit fund managed by KKR reports jump in troubled loans

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A large credit fund managed by KKR tumbled on Thursday after reporting a jump in troubled loans and lower investment income, highlighting the mounting strains in private markets. FS KKR Capital Corporation, a publicly traded … Read more

Anthropic rejects Pentagon’s ‘final offer’ for military use of AI

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Anthropic will reject a “final offer” to continue working with the US military, according to its chief Dario Amodei, setting up a legal fight between one of America’s leading AI labs and the … Read more

What went wrong at PayPal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It’s too early to write the obituary for PayPal. But for a company so deeply etched into Silicon Valley folklore, it is a humbling moment to have become the subject of takeover talk on Wall … Read more

Warner Bros says Paramount’s bid is ‘superior’ to Netflix 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 has said Paramount Skydance’s $110bn offer for the Hollywood studio is “superior” to an existing deal with Netflix, giving David Ellison’s media group the upper hand in a fierce takeover battle. WBD … Read more

Iran and the chimera of capitulation

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 author of ‘Black Wave’ and an FT contributing editor President Donald Trump is frustrated. He wants to know why Iran hasn’t caved in the face of the biggest US military … Read more

Hedge fund Millennium poaches Goldman’s equities co-chief

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hedge fund Millennium Management has hired Goldman Sachs’ co-head of global equities in its latest raid on the US investment bank.  Erdit Hoxha, who was recently promoted to co-head of equities at Goldman Sachs, is … Read more