In the opening shots of The Flight Attendant’s second season, we see protagonist Cassie Bowden (Kaley Cuoco) jogging along a boardwalk and saying hi to a chihuahua in a buggy, before introducing herself at an Alcoholics Anonymous meeting. It looks like a new, sober start for her. As one of the wildest and booziest characters in
For the private equity groups that now control so much of the US economy, America’s top antitrust enforcer has a clear message: expect more scrutiny. Over the past decade or so, the likes of Blackstone, KKR and Apollo have expanded into even bigger corporate and industrial juggernauts, owning companies seemingly across every sector of the
A single portfolio manager at Capital Group drove an €8bn sell-off of European bank stocks this year, after the war in Ukraine and the threat of a global recession caused the investment giant to sour on the sector. Capital, one of the world’s biggest fund managers with $2.7tn of assets, until recently had been one
This article is part of a guide to London from FT Globetrotter Skyline Afternoon Tea at Ting in the Shangri-La, The Shard Level 35, Shangri-La The Shard, 31 St Thomas Street, London SE1 9QU There’s nothing more reviving for a Londoner than doing something incredibly touristy that makes you look at the city afresh. That,
Sam Jones observes an Austrian political class riven by corruption (Outlook, May 19), while to David Kaufman (Letters, May 19) Vienna is the epitome of civilisation because the rich use public transport. Can both pictures be true? Of course! As in Die Fledermaus, when double-dealing, cynicism and deception are revealed, everyone pretends to be in
Jemima Kelly is absolutely right: there is a strong moral case against crypto (Opinion, May 19). She did omit one argument, however. Part of the hype about crypto is that it’s an alternative to the dollar. The main traded currencies are all issued and backed by democracies. In fact, these currencies are an important arsenal
Why on earth does Barbara Mullarney think “we, the ordinary public, [are] helpless as we face a terrible climate crisis” (“It’s the ordinary public who are tricked by Big Oil”, Letters, May 9)? The whole point of a liberal capitalist society is that the system seeks to respond to the needs and wants of individual
While venture capital funds are leaving it to Elon Musk to figure out what to do with Twitter, presumably to gain a return on their investment, they apparently don’t have any suggestions as to what he might do. Here is one from the days when Eric Schmidt was chief executive of Novell, then dominant in
The EU’s infectious-disease agency is to recommend that member states prepare strategies for possible vaccination programmes to counter rising monkeypox cases, amid mounting evidence of community transmission of the disease. The European Centre for Disease Prevention and Control (ECDC) said in response to questions on Sunday that it would make the recommendation in a risk
The Liberal Democrats have urged Downing Street to clarify whether Boris Johnson — who is resisting the idea of an energy windfall tax — has discussed the issue with his informal political adviser Sir Lynton Crosby, whose companies represent various clients in the oil and gas industry. The UK prime minister has been holding off
Just when the disruption of the pandemic seemed to be easing after two painful years, Vladimir Putin triggered a fresh existential threat to the world with his war against Ukraine. He also inadvertently delivered lessons for businesses and executive education providers everywhere. The fighting has caused tragic loss of life, widespread damage to infrastructure and
Hello and welcome to the working week. Democracy can be a messy business, as several events coming up this week will show. There has been much excitement in the British media about the publication of the partygate report by senior civil servant Sue Gray into how prime minister Boris Johnson and members of his government
I am a long way from home, which is Oklahoma City. Now, I live in Munich, in Germany. By moving internationally, I also found myself detached from my core mission, which is working with technologies that are good for the climate and society. I started my career in Washington DC, working with tech that advances
Saudi Arabia has signalled it will stand by Russia as a member of the Opec+ group of oil producers despite tightening western sanctions on Moscow and a potential EU ban on Russian oil imports. Prince Abdulaziz bin Salman, the energy minister, told the Financial Times that Riyadh was hoping “to work out an agreement with
Has inflation slowed US consumer spending? EY-Parthenon chief economist Gregory Daco says the US has already reached peak inflation, but the big factor for consumers will be the pace at which price growth cools, and what level it eventually reaches. The core personal consumption expenditures price index, a measure that strips out food and energy
Where is Paris Hilton when you need her? After boosting non-fungible token investments on late night US chat shows, the reality star has gone quiet. NFTs, the most speculative of speculative assets, are crashing. The value of an index developed by cryptocurrency researchers is down 78 per cent from its high point last October. That
Italian oil major Eni plans to spend at least €2.5bn in the UK over the next four years as the government demands oil and gas companies significantly increase investment in Britain’s energy system or face a windfall tax on their soaring profits. The commitment by the group — the ninth-largest gas producer in the North
Big Pharma is offering to reserve vaccines, medicines and tests for low-income nations in preparation for the next pandemic in exchange for a fee and a commitment that governments not impose restrictions on trade. Ahead of talks on pandemic preparedness at the World Health Organization next week, the industry is lobbying to win a slice
The opening of the world’s first metro system in London in 1863 was a chaotic event: steam in the tunnels obscured signals and choked drivers, the gas lighting frightened travellers — and “there were so many anxious passengers trying to get on board, that there were fights for seats”, according to the Penny Gazette. Nearly
Britain’s opposition Labour party has called on Boris Johnson to consider sanctions on Alexander Lebedev after the former KGB officer, whose son sits in the House of Lords, was placed under sanctions by Canada. The move by the Canadian government is politically challenging for the prime minister, given his close links to the Lebedev family.