The vermilion, amethyst and jade ribbons of the northern and southern lights are some of Earth’s most distinctive features. But our planet doesn’t have a monopoly on auroras. Scientists have spied them throughout the solar system, weaving through the skies of Mars, Saturn, Jupiter and even on some of Jupiter’s fiery and icy moons. Lights … Read more
Karthik Sankaran is a senior research fellow of geoeconomics in the Global South program at the Quincy Institute for Responsible Statecraft. European markets have faded to the background of the global news cycle lately, perhaps for obvious reasons. But a recent move shows why it’s dangerous to equate rising bond yields with market vigilantism. Both … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s tariff “chaos” and quest to drive down energy prices are a threat to US oil output and will undermine the president’s “drill, baby drill” agenda, shale executives have warned. The president … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British Steel’s Chinese owner has rejected a £500mn offer from the UK government to help switch to greener production, in a move that will raise concerns about the future of one of Britain’s biggest remaining … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When activist investor Oasis Management called for change at Japanese consumer goods giant Kao — proposing boardroom reform through the election of outside directors and long term incentives — the response was clear and decisive. … Read more
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US tech stocks fell sharply on Wednesday, in a fresh jolt of volatility for Wall Street as uncertainty over Donald Trump’s trade tariffs and the health of the world’s biggest economy weighed on investor sentiment. … Read more
Shell set out a striking scenario as it gave a vision of its long-term future this week: over the next five years, the UK energy major may end up buying back as much as 40 per cent of its shares. In an effort to boost its valuation to the level of its US rivals ExxonMobil … Read more
In The Hitchhiker’s Guide to the Galaxy, Vroomfondel and Majikthise — representatives of Amalgamated Union of Philosophers, Sages, Luminaries and Other Thinking Persons — attempt to shut down supercomputer Deep Thought before it threatens their livelihoods by providing some certainty in answering the ultimate question of Life, the Universe and Everything. Financial analysts face no … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Are you an FT Alphaville fan, or lucky enough to know one? Do you/they want to show your/their appreciation with your/their chest? Or tote bag? Or laptop sleeve? Well, you’re/they’re in luck. Head to the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dragging out bad news rarely makes it better. The same applies to China’s slow-motion property-market crisis. Housing developer Sunac this week said it would try to restructure its debts for the second time in 18 … Read more