Accessibility helpSkip to navigationSkip to contentSkip to footer
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign In
  • Home
  • World
    Sections
    • World Home
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Trump says Coca-Cola will use cane sugar in US production of Coke
    • US justice department fires Epstein prosecutor Maurene Comey
    • Voting age to be lowered to 16 in UK elections
    • Trump’s escalating attacks on Fed unnerve investors
    • MI6 operatives and UK special forces named in leaked Afghan database
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Trump says Coca-Cola will use cane sugar in US production of Coke
    • US justice department fires Epstein prosecutor Maurene Comey
    • Trump’s escalating attacks on Fed unnerve investors
    • Trump set to open US retirement market to crypto investments
    • Trump’s Fed pantomime is not amusing investors
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Down in one: how private equity swallowed the BrewDog Unicorn
    • Trump says Coca-Cola will use cane sugar in US production of Coke
    • Trump set to open US retirement market to crypto investments
    • Uber agrees multibillion-dollar deal with Lucid for electric robotaxi fleet
    • Ex-HSBC currencies chief gets fraud conviction thrown out
  • Tech
    Sections
    • Tech Home
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
    Most Read
    • AI start-up Perplexity’s valuation tops $18bn months after latest funding round
    • Uber agrees multibillion-dollar deal with Lucid for electric robotaxi fleet
    • Disinformation warriors are ‘grooming’ chatbots
    • OpenAI to take cut of ChatGPT shopping sales in hunt for revenues
    • Netflix says weak dollar and strong subscriber growth will boost revenue
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
    Most Read
    • Trump says Coca-Cola will use cane sugar in US production of Coke
    • Trump set to open US retirement market to crypto investments
    • Trump’s Fed pantomime is not amusing investors
    • Ex-HSBC currencies chief gets fraud conviction thrown out
    • Big launch, small gains: Bobby Jain struggles to match hedge fund giants
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Trump’s Fed pantomime is not amusing investors
    • Trump and Maga are no longer the same thing
    • A weak yen is the root of Japan’s lurch to the right
    • Politics faces its own AI reckoning
    • Disinformation warriors are ‘grooming’ chatbots
  • Lex
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • AI is reinforcing the dominance of English in the workplace
    • FCA staff push back against review on increasing office attendance
    • Exploring Lekki, Lagos’s most dynamic district
    • Why the ‘silver economy’ is the future of work
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
    Most Read
    • Barry Lyndon — how a Kubrick classic gripped TikTok
    • 12 of the best open-top cars for summer
    • The Wah Wah rocked Jimi Hendrix’s world
    • Cubby holes, cabinets and curtains: a clever Victorian terrace renovation
    • Nordstrom’s head of personal shopping knows what VICs want
  • HTSI
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Lex
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

News Feed

  • Friday, 18 July, 2025
    India Business Briefing
    New Delhi revamps flagship ‘Make in India’ subsidy scheme Premium content

    Also in this newsletter: Tesla’s quiet entry into India

    new
    A customer looks at an Apple iPhone 16 smartphone at the Apple BKC store in Mumbai, India
  • Friday, 18 July, 2025
    Chinese business & finance
    ‘No longer a pet project’: tiny Beijing stock exchange becomes IPO hub

    Looser listing rules and demand for small cap tech drive more IPO applications than for Shanghai and Shenzhen combined

    new
    A view of the Beijing stock exchange in Beijing, China
  • Friday, 18 July, 2025
    Photo essay
    Trump says Coca-Cola will use cane sugar

    ‘Team old Coca-Cola vs Team new Coca-Cola’

    1 hour ago
    Two men wear printed T-shirts that state ‘Team old Coca-Cola’ and ‘Team new Coca-Cola’ respectively
  • Friday, 18 July, 2025
    Mergers & Acquisitions
    Union Pacific in early-stage talks with Norfolk Southern to create $200bn rail colossus

    Merger of rivals would face intense scrutiny from US regulators

    1 hour ago
    A Union Pacific freight train
  • Friday, 18 July, 2025
    News in-depthAirlines
    From ‘ghost flights’ to extra toilets: how Qantas regained altitude

    Improvements in punctuality and service have driven Australian airline’s recovery, says chief Vanessa Hudson

    1 hour ago
  • Friday, 18 July, 2025
    Hedge funds
    University of California fund ditches hedge funds with scathing rebuke

    Chief investment officer says stocks and bonds would have prevented ‘all the drama’

    2 hours ago
    People walk through Sproul Plaza on the UC Berkeley campus
  • Friday, 18 July, 2025
    Letter
    Letter: Brazil’s oil ambitions are a bet against net zero

    From Vicky Sins, Climate Lead, World Benchmarking Alliance, Amsterdam, The Netherlands

    2 hours ago
    Capuava oil refinery owned by Petrobras sits in Maui, on the outskirts of São Paulo, Brazil
  • Friday, 18 July, 2025
    Letter
    Letter: Should the Post Office face charges over IT scandal?

    From Jason Nisse, CEO, The Nisse Consultancy, London N5, UK

    2 hours ago
    Protesters hold up banners outside Post Office Horizon inquiry in London
  • Friday, 18 July, 2025
    Letter
    Letter: Rise of the Brics provides a multilateral corrective

    From Sarang Shidore, Director, Global South Program, Quincy Institute for Responsible Statecraft, Washington DC, US

    2 hours ago
    Brics leaders and representatives attend a summit in Rio de Janeiro, Brazil this month
  • Friday, 18 July, 2025
    Letter
    Letter: Strategic restraint is not weakness but rationality

    From Jonathan McGrain, Richboro, Pennsylvania, US

    2 hours ago
  • Friday, 18 July, 2025
    Letter
    Letter: BBC activities rank low on the list of national needs

    From John Brisby, Ascot, UK

    2 hours ago
  • Friday, 18 July, 2025
    Letter
    Letter: The problem is too much spending, not too little tax

    From Paul Mortimer-Lee, Research Fellow, NIESR, Purchase, NY, US

    2 hours ago
  • Friday, 18 July, 2025
    Letter
    Letter: UK saves 18,500 Afghans from torture or death

    From Mark & Ana Hudson, Blandford, Dorset, UK

    2 hours ago
  • Friday, 18 July, 2025
    Letter
    Letter: Cyber crime is not limited to organised threat actors

    From Rex Booth, Chief Information Security Officer (CISO), SailPoint, Austin, Texas, US

    2 hours ago
  • Friday, 18 July, 2025
    Letter
    Letter: AI threatens extinction for lesser used languages

    From Tim James, Penzance, Cornwall, UK

    2 hours ago
  • Thursday, 17 July, 2025
    Correction
    Correction: HMN Tech

    Chinese telecoms group Huawei sold its submarine cable maker to a Chinese-led joint venture that was renamed HMN Tech. An article on July 17 incorrectly stated that the unit was still owned by Huawei

    2 hours ago
  • Thursday, 17 July, 2025
    Oil & Gas industry
    Trump trade regulators reverse Biden-era block on oil board seats

    John Hess and Scott Sheffield can become directors of Chevron and ExxonMobil under merger agreements

    2 hours ago
    John Hess
  • Thursday, 17 July, 2025
    Crossword
    FT Crossword: Number 18,110
    3 hours ago
  • Thursday, 17 July, 2025
    Netflix Inc
    Netflix says weak dollar and strong subscriber growth will boost revenue

    Streamer’s shares up 42% this year thanks to live shows and hits such as ‘Squid Game’ and ‘Adolescence’

    3 hours ago
    Park Gyu-young as No-eul in Squid Game
  • Thursday, 17 July, 2025
    Syria
    Syria’s president accuses Israel of seeking ‘endless chaos’ as his forces pull back

    Government withdrawal from southern Sweida province follows days of sectarian clashes and Israeli strikes

    3 hours ago
    Members of Syrian security forces stand on a road in Sweida
  • Thursday, 17 July, 2025
    FirstFT
    FirstFT: India air authority warns against speculation on Air India crash as new details emerge

    Also in today’s newsletter, China’s Belt and Road Initiative expands, and Trump set to open US retirement market to crypto investments

    A firefighter stands next to the crashed Air India Boeing 787-8 Dreamliner aircraft, in Ahmedabad, India
  • Thursday, 17 July, 2025
    Federal Reserve
    Powell defends Fed’s management of $2.5bn headquarters refurbishment

    Central bank chair has faced intense criticism from Trump administration over the project

    Federal Reserve building
  • Thursday, 17 July, 2025
    Cryptocurrencies
    Trump set to open US retirement market to crypto investments

    President preparing executive order to allow 401k plans to tap broad pool of alternative assets

    President Donald Trump answers questions from reporters while meeting with Nato Secretary General Mark Rutte in the Oval Office at the White House on July 14
  • Thursday, 17 July, 2025
    Cryptocurrencies
    US Congress passes landmark bill to regulate stablecoins

    Legislation will pave the way for banks to launch digital assets

    Gold plated souvenir cryptocurrency Tether (USDT), Bitcoin and Etherium coins
  • Thursday, 17 July, 2025
    Unhedged Podcast18 min listen
    Is Nvidia really worth $4tn?

    The chipmaker is now one of the biggest companies … ever.

Previous page1Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareersSuppliers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency Converter

Community & Events

FT Live EventsFT ForumsFT Leaders Academy

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2025. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Edition:International
UK
Subscribe for full access

Top sections

  • Home
  • World
    • Middle East war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Crypto
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Monetary Policy Radar
    • Wealth Management
    • Moral Money
    • ETF Hub
    • Fund Management
    • Trading
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Lex
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Europe's Start-Up Hubs
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Puzzles
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
  • HTSI
  • Special Reports

FT recommends

  • Alphaville
  • FT Edit
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Schools
  • FT Live Events
  • FT Forums
  • FT Leaders Academy
  • myFT
  • Portfolio
  • FT Digital Edition
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In