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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. The International Court of Justice has ordered Israel to limit harm to Palestinians in Gaza in a politically explosive case brought by South Africa that alleges the country is committing genocide in the enclave. In

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UN agency for Palestinian refugees said on Friday it had fired “several” employees after receiving information from Israel about their alleged involvement in Hamas’s October 7 attack. The US responded to the development, which

About £75mn of assets linked to Conservative peer Michelle Mone and her husband have been frozen or restrained by court order as the pair face a National Crime Agency investigation into alleged PPE fraud. The court order seen by the Financial Times covers assets including a six-bedroom Belgravia townhouse, a country estate on the Isle

Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. US gross domestic product grew at an annualised rate of 3.3 per cent during the final quarter of last year, capping off a stronger-than-anticipated 2023 for the world’s largest economy. While the fourth-quarter rate was

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The French government is pressing the UK to help plug a multibillion-pound hole in the budget of nuclear power projects being built in Britain by France’s electricity operator EDF. The call for a contribution from

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Lewis, the British billionaire investor whose family owns Tottenham Hotspur football club, will plead guilty in an insider trading case brought by US authorities. Lewis last year surrendered to US authorities after being charged

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump will win the New Hampshire Republican primary, the Associated Press projected on Tuesday night, cementing his frontrunner status and raising questions about whether Nikki Haley would end her bid for the White House.

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 is preparing to make hundreds of job cuts as part of a drive to cut about £150mn in costs. The cuts could amount to about 10 per cent of Abrdn’s 5,000-strong

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US and UK launched another round of joint air strikes against Houthi targets in Yemen on Monday, the second time that Britain has been directly involved in the military action targeting the Iran-backed rebel

Bobby Jain’s new hedge fund is falling short of its original $8bn-$10bn fundraising target, thwarting his ambition for the industry’s largest-ever debut. The Credit Suisse veteran and former co-chief investment officer of Millennium Management has told potential clients he is now aiming to launch Jain Global in July with $5bn-$6bn of assets, according to investors.

Stay informed with free updates Simply sign up to the Hedge funds myFT Digest — delivered directly to your inbox. The world’s most successful hedge funds made their biggest profits on record last year as punchy bets on stock markets paid off when share prices surged. The top 20 managers made profits for investors of

A third of UK universities saw a decline in overseas non-EU applicants in 2023, almost twice as many as the previous year, according to a Financial Times analysis of data from the university admissions service. The cooling of international demand for a swath of British higher education institutions came as overall non-EU applications grew 3.6

Stay informed with free updates Simply sign up to the Hedge funds myFT Digest — delivered directly to your inbox. Assets managed by the Chinese operations of Bridgewater and Two Sigma surged as the US hedge funds outperformed their local peers during the market turbulence of last year. Bridgewater China Investment Management, the local arm

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Until this week, the UK economy looked increasingly set for a smooth “soft landing”, with inflation dropping sharply and early signs of growth picking up. But data releases in the past few days have added

Chancellor Jeremy Hunt is set to be handed a multibillion-pound boost by official forecasters next week, paving the way for a package of pre-election tax cuts. Leading economists predict that lower UK borrowing costs could give Hunt significantly more fiscal headroom in his March 6 Budget, paving the way for income tax cuts or further

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Private equity executives are predicting a sharp increase in takeover activity as buyout firms that have held on to investments in the hope of higher prices finally begin to capitulate. There has been a marked

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Jeremy Hunt has signalled he wants to cut taxes further in the coming months and left open the possibility of holding two Budgets ahead of this year’s general election. Hunt said on Thursday

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US has launched strikes on Houthi targets in Yemen for the fourth time as the Iran-backed rebel group continues to target commercial ships transiting the Red Sea. US Central Command forces on Wednesday conducted

Rishi Sunak’s election supremo Isaac Levido this week issued a stark warning to Tory MPs, telling them: “Divided parties fail.” But the Conservative rebellion over the government’s Rwanda asylum bill over the last 48 hours is an ominous sign for the prime minister that the warning is not being heeded. Tory MPs may have pulled

Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation unexpectedly accelerated in December raising questions over how soon the Bank of England will start cutting interest rates. Consumer prices rose at an annual rate of 4 per cent in December, up from

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two deputy Conservative party chairs quit on Tuesday as Rishi Sunak suffered the biggest revolt of his premiership, with 60 rebel Tory MPs attempting to force him to toughen up his Rwanda legislation. Lee Anderson

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fujitsu will contribute to the compensation of sub-postmasters affected by the Post Office Horizon scandal, according to the head of its European division. Paul Patterson said there was a “moral obligation for the company to

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump is expected to win the first ballot of the 2024 presidential race, as voters in Iowa gather on Monday night for caucuses that will set the pace for the Republican campaign for the

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Global leaders need a co-ordinated response to the challenges posed by AI, the chair of the world’s banking watchdog said, as he warned that the fast-developing technology “could change the course of history, not necessarily

The UK government tried to block the Japanese software company implicated in the Post Office scandal from new public IT contracts in the early 2010s in a drive nicknamed “Project Sushi”, according to British officials. The Cabinet Office pushed to formally exclude Fujitsu and other companies from bidding for government deals on the basis of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump is the first choice of just under half of likely Republican caucus goers, according to a new poll that underscores the former president’s dominance heading into the Iowa caucuses on Monday. The poll,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taiwan started counting votes on Saturday afternoon in a pivotal presidential and parliamentary election that could influence China’s approach to its democratic neighbour. The eighth national vote since the country of 23.5mn first held free

Vijay Parekh had just turned 50 when the Post Office took him to court on trumped-up charges alleging he had stolen tens of thousands of pounds from the government-owned business. The former sub-postmaster, now 65, was pursued by investigators and lawyers acting for the Post Office, who tried to convince him that pleading guilty would

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Post Office claimed tax relief on compensation it paid to victims of the postmasters scandal, sparking warnings that it risks a £100mn bill and insolvency if authorities rule the move unlawful. In its latest

Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Crude oil prices rose on Friday after the US and UK launched air strikes against Yemen-based Houthi rebels whose attacks against ships in the Red Sea threatened the flow of goods through one of the world’s