Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Tesla reported a second straight decline in quarterly vehicle deliveries, as the world’s largest electric vehicle maker continues to struggle with weaker demand and fierce competition from lower-cost Chinese rivals. The company delivered 443,956 vehicles globally … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shares of Airbus tumbled on Tuesday after the world’s largest aircraft maker cut its annual profit forecast as supply chain disruptions worsened and a charge related to its aerospace business was imposed. The company’s supply … Read more
There’s an electric sense of anticipation in the gaming world as Friday looms. This past month, The Weeknd said he is picking up “Elden Ring” again to prepare for the new chapter. He spoke with Kai Cenat, the most subscribed Twitch streamer in the world, whose recent 200-hour marathon of “Elden Ring” helped light this … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The U.S. labor market added 272,000 jobs in May, far more than forecast, pushing back market expectations for the timing of the Federal Reserve’s rate cuts. The Bureau of Labor Statistics figures match economists’ prediction … Read more
Image © Adobe Stock The pound-to-euro exchange rate reached its highest level since March, at 1.1736, after UK inflation fell to an annual rate of 2.3% in April, a figure higher than the market and the Bank of England had expected (2.1%). The all-important and much-watched component of inflation in the services sector was noticeably … Read more