Finance

Finance

Trump rows back criticism of UK’s Chagos deal

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 appeared to row back his previous criticism of the UK’s deal over the Chagos Islands on Thursday, even as he said the US would retain the right to secure Diego Garcia … Read more

Finance

AI agents are prompting human boom scrolling

Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. The tech world has this week been double screening between two engrossing product launches: the release of Anthropic’s latest AI coding tools for knowledge workers and the emergence of Moltbook, a social network for AI … Read more

Finance

Barclays cuts ties with lobbying firm founded by Peter Mandelson

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Barclays has terminated its relationship with Global Counsel, the lobbying firm founded by Lord Peter Mandelson, as new revelations about the firm’s close links to Jeffrey Epstein threaten to spark an exodus of clients.  The … Read more

Finance

US tech rout enters third day as Alphabet shares sink

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US tech stocks fell sharply on Thursday, extending a heavy sell-off as investors continued to move out of previously high-flying AI-linked shares. The tech-heavy Nasdaq Composite fell 1.9 per cent in morning trading, on course … Read more

Finance

Rio Tinto and Glencore abandon $260bn merger plan

Stay informed with free updates Simply sign up to the Mining myFT Digest — delivered directly to your inbox. Rio Tinto and Glencore have abandoned plans for a $260bn megamerger that would have created the world’s largest mining group. Rio said in a statement on Thursday that it had “determined that it could not reach … Read more

Finance

Mandelson and the money that never sleeps

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Everyone is shocked and no one is surprised. When Wes Streeting, the health secretary, declares mournfully that Peter Mandelson “is not the person we thought he was”, that’s not quite true, is it? Mandelson turns … Read more

Finance

Bitcoin falls below $70,000 to wipe out ‘Trump rally’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bitcoin sank below $70,000 on Thursday for the first time since November 2024, wiping out all of the gains it has made since Donald Trump was elected to his second term as US president. The … Read more

Finance

US job cuts surge to highest January total since 2009

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Job cuts in the US surged in January, marking the worst start to a year since 2009, according to a private survey of the domestic labour market. US-based employers cut a combined 108,435 positions in … Read more

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