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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is special adviser to the Electronic Frontier Foundation, visiting professor of computer science at the Open University and author of ‘Picks and Shovels’ What’s a (former) trading partner to do? In Canada, Mexico…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. McDonald’s has posted the biggest drop in US sales since the height of the Covid-19 pandemic five years ago as uncertainty caused by Donald Trump’s tariffs weighs heavily on consumer sentiment. Same-store sales in its…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US private equity group KKR reported its first quarterly net loss since 2022 as a strong quarter for fundraising in its private equity business was overshadowed by its Global Atlantic insurance unit, which lost more…
The inability of Spain’s electricity grid to manage an unusually high supply of solar power was a key factor in Monday’s catastrophic blackout, former regulators and experts have said. About 55 per cent of Spain’s supply was from solar sources when 15GW of electricity generation disconnected from the grid within just five seconds on Monday…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese state media has said there would be “no harm” in holding trade talks with the Trump administration, indicating a softening of Beijing’s position as both sides look for a way out of their crushing…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla chair Robyn Denholm denied a report that the board was seeking to replace its chief executive Elon Musk in response to plunging sales and a widespread backlash against his alliance with US President Donald…
<!–> Rudy Gobert had playoff career highs with 27 points and 24 rebounds, Julius Randle added 23 points and the Minnesota Timberwolves advanced in the NBA playoffs with a 103-96 victory over the Los Angeles Lakers in Game 5 of their first-round series Wednesday night. –> Anthony Edwards had 15 points and 11 rebounds for…
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In his latest display of fealty before Donald Trump, US Treasury secretary Scott Bessent described the president’s U-turns over tariffs as a deliberate act in creating “strategic uncertainty”. According to Bessent, certainty is over-rated and waywardness brings leverage to negotiations that will generate the best trade deals for the US. This confident talk reminded me…
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’s early trade deals could trigger a binary reaction from financial markets and determine how investors view the White House’s tariffs, Goldman Sachs president John Waldron said. Wall Street has endured…
