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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. Pension funds are piling into UK corporate bonds, encouraging some French and German companies to issue sterling debt for the first time. The UK’s £1.4tn “defined benefit” pensions industry has been switching to corporate debt
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. Washington has warned Beijing that the US and its allies will take action if China tries to ease its industrial overcapacity problem by dumping goods on international markets, according to American officials. Two senior Treasury
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels has ramped up its fight against any anti-competitive behaviour by Big Tech giants but the response from some in the European start-up community might not be what regulators have been expecting. Last month, Amazon
Alexei Navalny, the Russian opposition activist who has been the most prominent critic of President Vladimir Putin’s regime for much of the past decade, has died in a remote Arctic penal colony aged 47, according to prison authorities. A firebrand campaigner for what he called the “beautiful Russia of the future”, Navalny’s detailed investigations exposing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels should incentivise Europe’s defence industry to ramp up production and promote consolidation, the president of the European Commission has said, as she warned that the “world has got rougher”. Ursula von der Leyen said
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak’s pledge to “grow the economy” suffered a serious blow on Thursday as official figures showed Britain entered a technical recession at the end of 2023. Labour claimed the prime minister’s promises on the
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation stayed steady at 4 per cent in January, undershooting expectations and bolstering hopes that the Bank of England will soon feel it has enough evidence of price pressures easing to cut interest rates.
In December, a group of about 100 former employees of Carlyle Group gathered at the law firm Latham & Watkins in Manhattan just before the Christmas holidays for a party among old friends. In earlier years, the unsanctioned gathering was frowned upon by the buyout group’s previous chief executive. But at Latham’s offices, Harvey Schwartz,