Economics

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Roche has signed the biggest-ever obesity drug deal with a $5.3bn licensing agreement for a next-generation treatment from Danish biotech Zealand Pharma. The Swiss pharmaceutical company will collaborate with Zealand on petrelintide, a drug based…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Battery maker Northvolt has filed for bankruptcy in Sweden, capping the downfall of a company once regarded as Europe’s best hope of competing in an industry dominated by China. The Swedish start-up, which has backers…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The EU has retaliated against Donald Trump’s 25 per cent tariffs on steel and aluminium within hours of them taking effect, escalating a trade war that has rattled financial markets and threatens the…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pakistani security forces are attempting to rescue dozens of hostages after separatist militants ambushed a train in a remote, mountainous area of the country’s south-eastern Balochistan province, in the latest of a wave of terror…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone has ditched the Hipgnosis name for its $3bn music investment group as it prepares to start buying songs again less than a year after its acquisition of the UK-listed owner of rights to songs…

Since his father’s 2024 election victory, Donald Trump Jr has joined forces with a small group of financiers who are devoted to the president’s vision of America, making bets on companies in industries ranging across finance, media, pharmaceuticals, guns, cryptocurrency, betting and alcohol that are prepared to ride the Maga wave. This means companies that…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European countries need to strengthen their defence ties in Nato without the US and invest more in their own military capabilities in areas such as space and satellites, Sweden’s defence minister has said. Pål Jonson…

Donald Trump and his team of economic advisers are racing ahead with an attempt to radically reshape the US economy from a consumption behemoth with a huge trade deficit to a manufacturing powerhouse. The economic pivot, which has focused on aggressive tariffs and significant cuts to government spending, has sent US equities reeling and prompted…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A small cohort of global steel producers has emerged as unlikely winners from Donald Trump’s sweeping import tariffs, as the US president expands his trade war in an attempt to protect US manufacturing industries. US…