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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Revolut’s chief executive Nik Storonsky is in line for a multibillion-dollar windfall if he steers the fintech’s valuation to about $150bn, under a long-standing Elon Musk-style pay package. Storonsky, who founded the $45bn start-up in … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an economist and also sits on the board of the Bank of China (UK). He writes in a personal capacity China faces a currency trilemma. Should its policy be for the renminbi … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lloyds Banking Group is planning to move £6bn of workplace retirement savings from Willis Towers Watson to Scottish Widows, as the bank’s in-house pension provider carries out a major overhaul of its offerings. The bank … Read more
China Launches Mission to Capture Pieces of an Unusual Asteroid Source link
Japanese Company’s Moon Lander Has Crashed Source link
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wolfspeed, a North Carolina manufacturer of semiconductors for electric vehicles, said it had struck a deal with creditors to reduce its near $6.5bn debt by more than two-thirds as a part of a bankruptcy package. … Read more
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Oil prices are expected to rise when trading resumes on Sunday after the US bombed Iran’s nuclear facilities, increasing the likelihood that Tehran will respond by attacking energy infrastructure in the region or … Read more
Vera Rubin’s Legacy Lives On in a Troubled Scientific Landscape Source link
In the late 1990s, as rebels overthrew the longtime dictator Mobutu Sese Seko in what is now the Democratic Republic of Congo, Claudio Descalzi, then a 41-year-old regional manager for Italian oil major Eni, slept under his bed with his children to avoid being shot in the night. “My wife was pregnant. Fortunately she was … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is a former prime minister of Italy, president of the Jacques Delors Institute and a dean at IE University Donald Trump’s actions in his second term make clear that we are … Read more