Decisions. We make so many in our lives. From the moment we wake up to the moment we go to bed, our days are filled with opportunities to make decisions. Some are grand in scope, determining the sort of life we will pursue in different seasons; we choose this particular job, to start or end
News
China is intensifying its drive for influence in the Pacific by negotiating security deals with two additional island nations following a pact with the Solomon Islands, according to officials in the US and allied countries. Beijing’s talks with Kiribati, a Pacific island nation 3,000km from Hawaii where US Indo-Pacific Command is based, are the most
Regarding Sam Leith’s column, thank goodness someone is honest enough to come clean about the real rationale for working from home (Opinion, May 7). Forget the concocted justifications of attraction and retention etc, the real attraction is more money for less work. What’s not to like about that? No wonder unions and academics are such
A self-made billionaire by the age of 40 and the face of an institution once described as the “Goldman of the Tropics”, at one time André Esteves was the wunderkind of Latin American finance. Then the Brazilian suffered a dramatic fall. Arrested in connection with a sprawling political corruption scandal, in November 2015 he resigned
The runaway house price growth of the past two years is set to slow as the wider economy braces for a period of stagflation, according to housing economists and analysts. Warning lights have flashed across the economy in the past fortnight. Inflation is running at a 40-year high and faces further upward pressure from a
Fixed to a gallery wall in New York City, are a pair of Nike Air Force 1 sneakers adorned in Louis Vuitton’s trademark Damier chequerboard. They’re assigned the number 1 because the design is the one Virgil Abloh – the brand’s late men’s artistic director, who died in November 2021 – wore himself. They, along
I enjoyed Peter Aspden’s witty quip that people would rather have gone sailing with Duran Duran than listen to the “ugliness and rancour” of punk (“Punk comes to Disney and Sotheby’s”, Life & Arts, May 14). But it’s arguable that without the Sex Pistols there would be no Duran Duran. The group maintained that their
Rail executives are drafting emergency plans to cut Britain’s train network to a 12-hour service ahead of union members voting this week on what would be the biggest rail strike to hit the country in 30 years. The RMT Union has asked 40,000 workers at infrastructure operator Network Rail and members at 15 train operating
Richard Neal has accused the UK of starting to take the Good Friday Agreement “for granted”, as the influential Democratic lawmaker urged Britain to “find a solution” to the stand-off with the EU over Northern Ireland. In an interview with the Financial Times before leading a congressional delegation to Brussels, London and Belfast, Neal urged
Stocks are being repriced across the board as the sell-off on Wall Street intensifies. Technology companies, especially unprofitable and richly valued names, have been hit hardest. Yet even companies that boast sales growth and rising profits have not been spared. Deere, the US tractor maker, turned in a solid performance on Friday. It overcame supply
Crypto lender Celsius Network has suffered a 50 per cent decline this year in the value of assets deposited on its platform, a sign of the pressure the industry is facing in the wake of falling digital token prices. Celsius, which borrows cryptocurrencies from its customers and lends them out to earn a return, had
Investcorp is out of the running to buy AC Milan from Elliott Management, leaving rival bidder RedBird as the main contender to acquire the football club currently leading Italy’s Serie A. The global asset manager decided to suspend negotiations with Elliott after it was unable to reach an agreement over a six-month period, said two
Early in the pandemic, there was hope that humanity might draw a lesson or two from our renewed sense of fragility. Existential threats like global warming would be taken more seriously, supply chains rejigged, healthcare services strengthened and critical workers held in higher esteem. So far, however, the biggest change has been in what we
Richemont has struck a cautious note on the lasting effect of pandemic lockdowns in China and showed little sign of progress in a long-awaited ecommerce deal, sending shares in the Swiss luxury conglomerate sharply lower on Friday. The group, which owns upmarket jewellery and watch brands such as Cartier and Van Cleef & Arpels, on
The global head of responsible investing at HSBC Asset Management has drawn fire after accusing central bankers and policymakers of overstating the financial risks of climate change in an attempt to “out-hyperbole the next guy”. Speaking at a Financial Times Moral Money event on Thursday, Stuart Kirk said that throughout his 25-year career in the
You might not be interested in stagflation but stagflation is interested in you. It has been more than a generation since anyone used that scary word in earnest. I have vague untutored memories of being a child in the 1970s amid talk of stagflation — simultaneously rising prices and unemployment. But it is hard to
Hello from London, where Simon, myself and our FT colleagues welcomed some of the biggest names in sustainable business and finance to the Moral Money Europe Summit. It was a compelling two days of hugely stimulating conversations on subjects from carbon pricing to greenwashing. We’re already looking forward to the Asia and Americas summits in
All the answers here are linked in some way. Once you’ve spotted the link, any you didn’t know the first time around should become easier. What’s the most densely populated state in Australia? What was the last Jane Austen novel published in her lifetime? Who killed the playwright Joe Orton? What’s the only solo song
Japanese film production companies have launched a civil lawsuit claiming copyright infringement against people who have condensed their feature films into 10-minute “fast movies” that are popular with younger viewers. Thirteen leading companies including Toho, Toei Company and Shochiku filed a civil lawsuit with a Tokyo court on Thursday alleging that three people had created
Inflation across the G7 has climbed to multi-decade highs, but whereas in the US or UK that means alarming levels of 8 or 9 per cent, one country stands out as different: in Japan, high inflation means just 2.5 per cent. Furthermore, while the US Federal Reserve and the Bank of England are rushing to
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