The latter half of 2025 saw some of the UK’s most prominent female chief executives exit their roles. Diageo’s Debra Crew, GSK’s Emma Walmsley and Severn Trent’s Liv Garfield all announced they would be leaving. Each was replaced by a man. While women have stepped into other top jobs — Zoë Yujnovich has taken over … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anthropic has accused three leading Chinese AI labs of “industrial-scale” attacks, raising national security concerns for the industry. The AI start-up, which developed the popular coding tool Claude, said on Monday that DeepSeek, Moonshot and … Read more
Bill McDermott, chief executive of ServiceNow, used an earnings call with Wall Street last month to mount a spirited defence against “speculation that AI will eat software companies”. After a $100bn slide in his company’s market value over the previous year, analysts applauded him for directly addressing the biggest fear stalking his industry. Not that … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Reform UK government would use the near-£500bn assets of local council pension schemes to establish a sovereign wealth fund that it claims would boost economic growth by investing in British businesses. Reform deputy leader … Read more
Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Utilities, energy and materials stocks have emerged as winners from the AI anxiety gripping Wall Street, as investors fleeing sectors seen as vulnerable to disruption seek businesses with tangible assets. The S&P 500 software sub-index this … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Novo Nordisk is halving the US list price of its most popular weight-loss drug as the Danish drugmaker struggles to compete with rival Eli Lilly in the obesity market. Novo said on Tuesday that 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 France has banned US ambassador Charles Kushner from meeting government officials after he ignored a summons from the foreign ministry over Trump administration comments about the recent killing of a far-right activist. Kushner, … 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 US psychiatrists have been discouraged from commenting on the mental health of public figures since the so-called Goldwater rule in the 1970s. To the uncredentialed, however, the American president’s hold on reality seems … Read more
Stay informed with free updates Simply sign up to the European companies myFT Digest — delivered directly to your inbox. Nearly 300 entities linked to Russian energy and military production have been added to the UK’s sanctions lists, including a network of oil traders whose vast reach was identified by the FT as the result … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Meta has agreed to buy billions of dollars’ worth of customised chips from AMD, part of a multiyear AI infrastructure deal that could also result in it taking a roughly 10 per cent stake in … Read more