Business
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…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the…
A “For Sale” sign outside of a home in Atlanta,…
Good morning. In the streaming wars, news from the front. Last night Disney announced a restructuring, including a $5.5bn costs savings target and 7,000 planned job cuts (about 3 per cent of its workforce). Bob Iger, called back from retirement for a second stint as…
The number of companies in Taiwan saying they’re experiencing business disruptions due to rising tensions between Taipei and Beijing has almost doubled, according to the American Chamber of Commerce in Taiwan. An annual survey, which polled 214 member firms in Taiwan, showed that the number…
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021.Arnd Wiegmann | ReutersCredit Suisse on Thursday reported a fourth-quarter net loss of 1.4 billion Swiss francs ($1.51 billion), as it continues with its huge strategic overhaul.The quarterly…
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…
John Fetterman greets supporters as he declares victory on Nov. 9, 2022 in Pittsburgh.Joe Lamberti | The Washington Post | Getty ImagesSen. John Fetterman was hospitalized Wednesday after feeling lightheaded, his staff said.”Initial tests did not show evidence of a new stroke,” said Joe Calvello,…
Global index provider MSCI is set to change its weightings for Adani Group stocks after reviewing how many shares can be freely traded, in a further setback for the Indian conglomerate reeling from fraud allegations.MSCI said “certain investors” in Adani Group “should no longer be…
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