Messy French politics points to broader investor malaise

Unlock Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. In May, credit rating agency S&P Global downgraded the creditworthiness of French government bonds, essentially telling the country’s politicians: just do it. “Political fragmentation contributes to uncertainty about the government’s ability to continue implementing policies that … Read more

Asda’s IT staff shuffled to TCS amid a messy tech separation from Walmart

Exclusive Asda is transferring more than 100 internal IT staff to Indian outsourcing company TCS as it works hard to meet deadlines and move away from IT systems supported by its previous owner by the end of the year. Walmart. According to documents seen by The registerToday (June 17) a collective consultation for a staff … Read more