SpaceX Rocket Launch Creates Glowing Spiral in the Night Sky for Europe

A spiral of light illuminating the night sky captivated observers in Britain and much of Europe on Monday. Its cause: a SpaceX rocket, experts said, after the glowing spectacle ignited widespread curiosity and speculation about its origin. The ethereal display, seen from England to Eastern Europe, resembled a glowing celestial whirlpool in images posted on … Read more

British Steel’s auditors warn of ‘material uncertainty’ as it battles to survive

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British Steel’s auditor has warned the company faces “material uncertainty” and requires “further future funding” if it is to survive, in an assessment released only days after its Chinese owner turned down an offer of … Read more

Hedge funds fight over one of Europe’s largest lingerie brands

Stay informed with free updates Simply sign up to the Hedge funds myFT Digest — delivered directly to your inbox. Hedge funds are battling over the debt of one of Europe’s largest lingerie brands, as US-style so-called creditor-on-creditor violence seeps into the continent’s markets. Redwood Capital this month seized control of Dutch lingerie retailer Hunkemöller, … Read more