Fed’s Williams sees inflation cooling and interest rates falling further, Barron’s reports By Reuters

(Reuters) – Federal Reserve Bank of New York President John Williams sees inflation cooling and interest rates falling further, he told Barron’s in an interview published on Thursday. Two percent is the inflation rate that can best balance the central bank’s employment and price stability goals, Williams told Barron’s.

John Lewis chief criticises UK Budget as ‘two-handed grab’ from business

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The departing head of John Lewis has described changes to employers’ national insurance and a lack of early reform in business rates in last month’s Budget as a “two-handed grab” from UK businesses. Nish Kankiwala, … Read more

‘Do you sell cars?’: Jaguar’s rebrand prompts mockery, confusion online | Automotive Industry

British luxury carmaker Jaguar is under fire over a colourful new advertising campaign that promotes inclusivity but lacks one key ingredient – any reference to cars. Released across multiple social media platforms, the 30-second clip features models of varying ages, genders, and races accompanied by phrases such as “live vivid”, “delete ordinary,” and “copy nothing” … Read more

Who is ‘Foreign Official #1’? The key figure in Gautam Adani’s $265 million bribery allegations

At the heart of the U.S. indictment against Gautam Adani lies “Foreign Official #1,” a high-ranking government official in Andhra Pradesh. This enigmatic figure allegedly played a central role in the $265 million bribery scheme aimed at securing lucrative solar energy contracts under the Manufacturing Linked Project. The indictment outlines three key meetings between Adani … Read more