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This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Yesterday was rough. It began with the ISM manufacturing survey for February, which showed new orders falling into … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s electric vehicle champion BYD said on Tuesday it had raised $5.6bn in the biggest share sale in Hong Kong in four years and the largest equity follow-on offering in the global automotive sector in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Aramco, the world’s largest oil company, has said technology from Chinese artificial intelligence company DeepSeek is “really making a big difference” and improving the efficiency of its operations. The installation of the technology in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK asset manager Abrdn has rebranded itself as Aberdeen after it was widely ridiculed for removing most of the vowels from its name under previous chief executive Stephen Bird. Jason Windsor, who became chief executive … Read more
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Hello and welcome to Energy Source, coming to you from New York, where the energy industry is considering … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world There is nothing cryptic about Donald Trump’s endorsement of cryptocurrency. Four years ago, he said bitcoin was a “scam”. Now he wants to make America the “crypto capital of the world”. To see … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK financial watchdog has banned two former Credit Suisse bankers from working in the sector almost six years after they pleaded guilty to accepting bribes linked to $2bn of “tuna bonds” they arranged for … Read more
Starship — the spacecraft that Elon Musk says will one day take people to Mars — is preparing for its eighth test flight. This trip to space, on Monday, will largely be a do-over of the seventh flight, which launched in January. In that test, Starship’s mammoth booster, or the bottom of the rocket, successfully … Read more
The singer and songwriter Katy Perry and the broadcast journalist and show host Gayle King will be among the all-female crew on the next mission of New Shepard, the space tourism rocket that is operated by Jeff Bezos’ private company, Blue Origin. Blue Origin announced the lineup on Thursday, ahead of a planned spaceflight this … Read more
Blue Origin, the space company owned by Jeff Bezos, is laying off roughly 10 percent of its work force, according to an email that was sent to staff on Thursday and that was viewed by The New York Times. The cuts, which could affect about 1,000 roles, follow several years of rapid growth and the … Read more