Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. French business bosses are rushing to build contacts with Marine Le Pen’s far-right after backing away from the rival left-wing alliance’s radical tax and spending agenda during the country’s snap parliamentary elections. Four senior executives … Read more
Hospitality companies are stepping up their efforts to hire UK-based talent as the sector aims to fill 990,000 summer jobs, according to new research from recruitment platform Caterer.com. The Olympic Games, Euro 2024 and Taylor Swift’s highly anticipated UK tour have led to 80% of hospitality businesses planning to expand their workforce. Caterer.com has seen … Read more
Holidaymakers in Europe should check their rental car deal as a cheaper insurance policy can usually be found online (Hilary Morgan) Holidaymakers are being warned to avoid being “ripped off” by car rental companies charging up to 12 times more than online excess waiver policies when traveling to Europe. Research of what? showed that travelers … Read more
ELON MUSK is ready to ban iPhones and Mac computers from his business after tech rival Apple announced plans to use OpenAI. The billionaire owner of X (formerly known as Twitter) and Tesla said Apple products would not be welcome at his company if Apple combined with OpenAI’s ChatGPT. Elon Musk, Chief Executive Officer of … Read more
WASHINGTON – NASA has selected seven companies to research “out-of-the-box” concepts for the agency’s Mars Sample Return (MSR) program, which could deliver samples faster and cheaper than current plans. NASA announced late June 7 that it had selected proposals from Aerojet Rocketdyne, Blue Origin, Lockheed Martin, Northrop Grumman, Quantum Space, SpaceX and Whittinghill Aerospace for … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Alumis and Upstream Bio, two U.S. startups developing drugs for inflammatory diseases, have filed for initial public offerings as dozens of biotech companies prepare to go public this year, according to people familiar with the … Read more
Oil prices fell to their lowest level in four months on concerns over plans to increase supply even as demand cools. After falling 3 percent on Monday to below $80 a barrel, Brent crude was on the decline again yesterday, falling another 2 percent to $77. That was the second day of losses since the … Read more
VCs are clamoring for investments in “hot AI” companies, willing to pay exorbitant stock prices for coveted spots on their cap tables. Yet most are completely unable to make such deals. Yet small, unknown investors, including family offices and high-net-worth individuals, have found their own way to grab shares of the hottest private startups like … Read more
Ofwat, the water regulator for England and Wales, is said to be considering reducing fines for sewage companies if they face financial pressure. According to the Financial Times, which first reported the plan, the regulator plans to set up a ‘recovery regime’ for Thames Water, which is on the brink of collapse or restructuring due … Read more
A grieving mother who has “absolutely no idea” why her son killed himself at 14 is fighting social media companies to turn over his search history. Jools Sweeney was found dead in April 2022. A coroner could not rule his death a suicide because they could not prove he was in a “suicidal mood”, his … Read more