Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Israeli intelligence ‘dismissed’ detailed warning of Hamas raid
    • Argentina’s Javier Milei backs away from dollarisation as central bank pick rejects role
    • Geert Wilders faces early setback in Dutch coalition talks
    • Hamas releases 24 hostages as Israel truce takes hold
    • Cathay Pacific offers cheap flights to help Hong Kong’s ‘patriots only’ vote
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • KPMG extends pay freeze to 12,000 UK staff
      • Tesla strikes in Sweden are ‘insane’, says Elon Musk
      • How BP’s ‘Sun King’ court enabled the rise and fall of Bernard Looney
      • Jeff Zucker hits out at rival Telegraph bidders for ‘slinging mud’
      • Boots offloads £4.8bn pension scheme to Legal & General
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Argentina’s Javier Milei backs away from dollarisation as central bank pick rejects role
      • News updates from November 24: Hamas releases hostages as Israel truce begins, Netherlands’ VVD party deals blow to Geert Wilders’ government hopes
      • How BP’s ‘Sun King’ court enabled the rise and fall of Bernard Looney
      • Investors dump dollar in bet that US rates have peaked
      • Montenegro court clears crypto chief Do Kwon for extradition
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • OpenAI has just fused its corporate ‘kill switch’
      • Europe’s problem? It’s too attractive
      • Crypto power struggle enters new stage with Binance settlement
      • Slaying the worklessness monster is a thankless but crucial task
      • A much-needed truce between Israel and Hamas
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
      Most Read
      • Business Books: What to read this month
      • Brexit negotiator Michel Barnier: ‘The EU is not the same one the UK left’
      • In search of chief executives who never grow ‘old’
      • Start-ups challenge culture of the Japanese salaryman
      • The inescapable tyranny of the bad boss
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Tom Hanks: ‘I was a pretty lucky guy’
      • Why the breakdown of the 9-to-5 job is making us lonelier
      • Leon Black’s downfall confounds the legacy of #MeToo on Wall Street
      • The most decorated mountaineer ever (and why you’ve never heard of him)
      • Could younger homebuyers turn Belgravia from staid to ‘buzzy’?
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    News in-depth

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Saturday, 25 November, 2023
      Israel-Hamas war
      ‘Everything has been destroyed’: Gazans return to their shattered homes

      The four-day truce between Israel and Hamas has allowed residents to visit their damaged neighbourhoods

      new
    • Saturday, 25 November, 2023
      Sport
      England’s lawn tennis clubs gripped by padel fever

      Venerable institutions introduce waiting lists for court space as the new game takes hold across the country

      Members of Sundridge Park Club in south London playing padel
    • Saturday, 25 November, 2023
      Indian election
      India’s ruling party leans on Modi’s popularity in state elections

      Opposition Congress hopes to make its case as credible challenger ahead of national polls next year

      Narendra Modi campaigning in Jaipur, Rajasthan ahead of state elections
    • Friday, 24 November, 2023
      Diageo PLC
      Diageo’s destocking hangover puts new chief under pressure

      Recent profit warning brings back memories of stockpiling issues as group adjusts to end of pandemic drinking boom

    • Friday, 24 November, 2023
      Northvolt AB
      Peter Carlsson, Northvolt’s battery revolutionary

      Head of group seeking to be Europe’s first homegrown champion in the sector is not your average Swedish CEO

      Peter Carlsson
    • Friday, 24 November, 2023
      US society
      Cannabis redraws US’s 2024 electoral map

      Republicans and Democrats face an electorate that increasingly favours looser marijuana laws

      A woman smoking cannabis
    • Friday, 24 November, 2023
      Microsoft Corp
      OpenAI turmoil exposes threat to Microsoft’s investment

      Satya Nadella’s bet on AI start-up destabilised by shock sacking of Sam Altman

      Sam Altman, left, and Satya Nadella
    • Friday, 24 November, 2023
      Dutch election
      Geert Wilders: the anti-Islam leader vowing to ‘put the Dutch first’

      Freedom party founder has made crude attacks on Muslim faith, migrants and Brussels

      Geert Wilders
    • Friday, 24 November, 2023
      UK retail industry
      UK retailers increase Black Friday discounts while customers cut spending

      Shops are having to work harder to tempt customers, who are proving savvy about bargains

      Retailers are having to work harder as the sluggish economy and the cost of living affect people across the UK
    • Thursday, 23 November, 2023
      Dutch election
      Wilders’ win in Dutch election is a boon for Europe’s far right

      Veteran anti-Islam, anti-EU politician has capitalised on voter fears about immigration

      Geert Wilders gives a speech in The Hague on Wednesday after the announcement of the first exit poll results
    • Thursday, 23 November, 2023
      Germany
      How Germany’s ‘debt brake’ broke the budget

      Government in disarray after top court insists it abide by constitutional restrictions on public deficits

      Montage of Olaf Scholz and logo of German constitutional court
    • Thursday, 23 November, 2023
      Colombia
      Colombia’s leader promised ‘total peace’. Then violence surged

      Former guerrilla Gustavo Petro’s strategy criticised as security vacuum allows kidnappings and extortion to soar

      Children walk past a field of crosses bearing the names of victims of Colombia’s illegal gang violence
    • Thursday, 23 November, 2023
      Israel-Hamas war
      Military briefing: has Israel achieved its war aims in Gaza?

      Benjamin Netanyahu remains a long way from his objectives despite the deal to free some of the hostages taken by Hamas

      An Israeli soldier operates in the Gaza Strip
    • Thursday, 23 November, 2023
      US retail
      Inflation puts US Black Friday crowds in a bargain-hunting mood

      Fatigue at higher prices is expected to push more shoppers to chase early holiday season discounts

      Black Friday signs at a Target store ahead in the US state of Georgia
    • Thursday, 23 November, 2023
      Tech blog10 min
      The cult of the founder CEO | FT Tech

      What happens when a charismatic leader steps down from the top job?

    • Wednesday, 22 November, 2023
      Autumn Statement
      Hunt’s growth reforms will not transform UK prospects, warns watchdog

      OBR says the economy faced serious economic headwinds even after chancellor’s Autumn Statement

      Jeremy Hunt and a bar chart
    • Wednesday, 22 November, 2023
      Autumn Statement
      Hunt makes early move on tax as Tory poll slump continues

      UK chancellor brought forward tax announcements after string of failed political resets

      Rishi Sunak and Jeremy Hunt
    • Wednesday, 22 November, 2023
      Autumn Statement
      Can AI improve UK public sector productivity?

      Chancellor pins hopes on technology to deliver savings but economists cautious about scope for quick wins

      Civil servants technologists examine ways AI could boost productivity at the PwC Microsoft hackathon
    • Wednesday, 22 November, 2023
      Autumn Statement
      Northern England eyes opportunities of further devolution

      Councils and business pin hopes on new deals to rebalance UK’s London-centric economy and raise productivity

    • Wednesday, 22 November, 2023
      Autumn Statement
      UK businesses give their verdict

      National insurance cut and extension of full expensing regime win plaudits but concern remains about inflation

      Sarah Winter
    • Wednesday, 22 November, 2023
      Waste management & recycling
      EU lawmakers back plan to cut packaging waste

      Brussels’ proposals led many industries from plastic producers to Camembert makers to push for exemptions

      Pile of packaging waste
    • Wednesday, 22 November, 2023
      Argentine politics
      The unlikely alliance that could shape Argentina’s radical new leadership

      President-elect Javier Milei despises the establishment — apart from the unpopular ex-leader who helped him win power

      Mauricio Macri and Javier Milei
    • Tuesday, 21 November, 2023
      Sam Altman
      The Sam Altman effect: ‘His superpower is getting people onside’

      Ousted OpenAI chief inspires staff and investors as leader of the generative AI revolution

      Montage of a Sam Altman photo with OpenAI and Microsoft logos
    • Tuesday, 21 November, 2023
      Iran
      ‘No hope for the future’: Iran faces brain drain as emigration surges

      Economic and political pressures at home and fears over potential for war prompt rise in numbers leaving country

      Tehran’s international airport
    • Tuesday, 21 November, 2023
      Russian society
      Putin’s Russia turns on abortion

      Pro-choice campaigners link ultra-conservative rhetoric to Kremlin’s desire for more soldiers

      Protesters and clergy at an anti-abortion procession in St Petersburg
    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    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

    PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. 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.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Israel-Hamas 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
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Wealth Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      • Working It
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Visual and data journalism
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today’s Newspaper (FT Digital Edition)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In