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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The price of travel permits needed…
Alibaba is planning a radical shake up to split off…
Volodymyr Zelenskyy said he received “positive signals” from western allies…
British American Tobacco has said it is still working on a “complex” deal to offload its Russian business to a local partner this year, underlining the difficulties that companies face as they seek to exit the country. The owner of Lucky Strike and Dunhill brands…
David Wagner had a rough start to the year. The medical equipment technician says he was fired on his first day back from the holidays. Under his non-compete agreement, 12 months would have to go by before he could work in his field again.Time is…
Unilever has warned that prices for consumer goods will rise further after posting record price increases last quarter that cut into demand for its products among cash-strapped shoppers.The maker of Knorr stock cubes, Ben & Jerry’s ice cream and Domestos bleach raised prices 13.3 per…
Credit Suisse has reported its biggest annual loss since the 2008 financial crisis, laying bare the scale of the challenge the bank faces in restoring its fortunes.The lender on Thursday reported a SFr1.4bn ($1.5bn) loss for the fourth quarter, as investment banking revenues slumped and…
Toshiba has received a $15bn buyout proposal from a consortium led by a Japanese private equity firm, according to people with the knowledge of the discussions.If the buyout led by Japan Industrial Partners materialises, it would mark Japan’s biggest take-private deal and conclude an eight-year…
If you want to know what the next big fat techo-financial fad is, just look at the 150 per cent jump of BuzzFeed’s stock when the listicle-monger said that “AI inspired content” would become “part of our core business”. This is like manna from the…
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