Business News
By Minwoo Park and Daewoung Kim BUSAN, South Korea (Reuters) – Hundreds of environmental campaigners marched on Saturday in the South Korean city of Busan to demand stronger global commitments to fight plastic waste at U.N. talks in the city next week. About a thousand people, including members of indigenous groups, young people and informal … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military and Hizbollah are locked in fierce fighting around a strategically positioned 12th century crusader castle in one of Israel’s northernmost advances into Lebanon since launching its ground invasion in September. Hizbollah militants … Read more
A good rule of thumb in life is to never get on the bad side of a litigation-happy centibillionaire with a Rolodex of law firms at his beck and call. But Elon Musk’s second lawsuit against OpenAI, to whom he made charitable donations amounting in total to more than $50 million, may be the least … Read more
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: One of the hardest jobs in the business is price targets. As we enter the 2025 outlook season, that becomes exceedingly clear as strategists lay out their cases based on underlying economic growth … Read more
By Jonathan Saul and James Mackenzie SHILO, West Bank (Reuters) – After a record expansion of Israeli settlement activity, some settler advocates in the occupied West Bank are looking to Donald Trump to fulfil a dream of imposing sovereignty over the area seen by Palestinians as the heart of a future state. The West Bank … Read more
Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. The Scott Trust, the £1.3bn fund that owns the Guardian and Observer, will meet next week to discuss investing some of its money into a deal with Tortoise Media to win over staff ahead of planned … Read more
Elon Musk has a new job doing something he knows a great deal about: firing people. Lots of people. Now he’s about to test his axing skills on the greatest downsizing challenge in American history. He is co-head of the Department of Government Efficiency (DOGE), recently formed by President-elect Donald Trump to cut back government … Read more
The explosive growth of the artificial intelligence (AI) market has minted a lot of millionaires. For example, a modest $3,000 investment in the AI chipmaker Nvidia just 10 years ago would be worth nearly $1.5 million today. But with a market cap of $3.6 trillion, it could be tough for Nvidia to replicate those millionaire-making gains … Read more
LONDON/DUBLIN (Reuters) – Tens of thousands of homes, farms and businesses in Ireland suffered power outages due to Storm Bert on Saturday, while some rail lines and roads were closed in Britain due to what forecasters called a “multi-hazard event”. Yellow (OTC:) and amber weather warnings for wind, rain, snow and ice were also in … Read more
Roula Khalaf Editor The shortlisted titles for the FT and Schroders Business Book of the Year Award are, by definition, some of the most compelling reads of 2024. For readers who missed the announcement of the shortlist, I recommend every one of the six books. Since I chair the judging panel, I can’t reveal my … Read more