ECB rate-setters worried weak euro would feed higher inflation
European Central Bank rate-setters expressed mounting concern that the weak euro will feed higher inflation, which some feared may not...
Business
Kwarteng to review Czech billionaire’s plan to increase stake in Royal Mail
The business secretary has warned Royal Mail that a Czech billionaire's bid to raise his stake in the company faces...
US housebuilders: long-term investment case remains intact
US house prices continue to go through the roof. Across America, home prices — as measured by one closely watched...
US forces kill Iran-backed militia fighters in Syria
US forces killed three suspected fighters from Iran-backed militias in Syria late on Wednesday in response to an attack earlier...
Democracies must use AI to defend open societies
The world would have been a far darker place had Nazi Germany beaten the US to build the world’s first...
Citigroup to wind down Russian consumer and commercial operations
Citigroup has decided to wind down its consumer and local commercial banking operations in Russia after failing to find a...
Agustín Carstens: ‘It’s very important central banks let people know what is happening’
This is part of a series, ‘Economists Exchange’, featuring conversations between top FT commentators and leading economistsThe Bank for International...
Markets bet UK interest rates will hit 4% by May
Financial markets are betting the Bank of England will more than double interest rates by May next year, as concern...
Myanmar regime arrests former UK ambassador
Myanmar’s military regime has arrested a former UK ambassador to the country and her artist husband, according to two people...
Capital Group: the slow-moving giant in dangerous waters
Earlier this year, with markets in turmoil, Capital Group, one of the world’s largest money managers, arranged for two guests...
Harbour Energy profits boom as prices soar for consumers
Harbour Energy has become the latest UK energy group to report booming profits on the back of higher prices, while...
Rishi Sunak criticises government handling of Covid response
Conservative leadership contender Rishi Sunak on Thursday issued a scathing criticism of the UK government’s handling of the coronavirus pandemic,...
Jay Powell faces tough crowd in Jackson Hole after inflation errors
As central bankers from around the world descend on Jackson Hole, Wyoming, for the first in-person annual conference since 2019,...
Yen weakness forces unprecedented PlayStation price rise
Sony has raised the price of its PlayStation 5 console in Europe, the UK, Japan, China and other key markets...
Ethiopia’s ceasefire ends as fighting erupts in north
Fighting has erupted in northern Ethiopia, ending a months-long ceasefire and dashing hopes for peace in a conflict that has...
Hip-hop producer DJ Premier: ‘I’ll be 90 and making boom-bap!’
“When I left Houston to go live in New York, my father said: ‘Son, I don’t get this whole hip-hop...
BoE/rates: rising reserve costs may prompt stealth tax on banks
Banks have waited years for higher interest rates to revive their fortunes. But in the UK, where markets predict interest...
FirstFT: Biden’s student debt relief plan triggers inflation warnings
Good morning and we start today with Joe Biden’s long-awaited student debt relief proposal.The US president yesterday said that the...
Pfizer races to beat rivals for slice of $10bn respiratory jab market
Pfizer has said it will seek approval for a vaccine targeting respiratory syncytial virus in older adults after reporting positive...
A Beautiful Ending by John Jeffries Martin — on the bright side
The world is coming to an end. The fact isn’t controversial; just the timetable. As Bertrand Russell said about nuclear...
