Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. HPS Investment Partners has raised one of the largest private credit funds ever, cementing its position as one of the industry leaders as the company debates a possible stock market listing or merger. HPS raised … Read more
Three years after Jeff Bezos bought The Washington Post for $250 million, the Amazon billionaire made another Washington acquisition that was arguably just as important to Georgetown’s social life: a mansion in the capital’s posh Kalorama Heights neighborhood for 23 million dollars. His 2016 purchase of a former textile museum that would become the city’s … Read more
The latest headlines from our US reporters sent straight to your inbox every weekday Your briefing on the latest headlines from around the US Disney employees who were told they would have to move from Los Angeles to Florida to work at a new campus have launched a lawsuit after the company abandoned its new … Read more
LONDON — Britain had some reason to celebrate Wednesday morning as headline inflation hit the Bank of England’s 2% target for the first time in almost three years. But the print only served to convince further traders that an interest rate cut is not imminent. Money market pricing at 11am in London implied only a … Read more
Money market pricing at 11am in London implied just a 5% probability of a bank rate cut at Thursday’s BOE meeting – after registering stronger odds earlier in the week. Bets on an August cut were also cut to around 30%. While 2% inflation is an important milestone – not least as UK politicians set … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The EU will delay the application of key provisions of the post-crisis banking reforms by a year, arguing that expected US delays in implementing Basel would penalize lenders in Europe. The move, championed by France, … Read more
So Aer Lingus pilots have supported the strike action, when will it happen? We don’t know for sure yet. What we do know is that the Irish Air Line Pilots’ Association (Ialpa) – the union representing pilots – must give the airline at least seven days’ notice before any industrial action takes place, so nothing … Read more
Get the free Morning Headlines email for news from our reporters around the world Sign up for our free Morning Headlines email Proposals for a McDonald’s drive-thru just yards from one of Britain’s top state schools have been branded “outrageous and completely irresponsible” amid the child obesity epidemic. The fast food giant is currently planning … Read more
Hi ZaidiPublished June 14, 2024, 1:57 PM|Updated June 14, 2024, 3:12 PM iMessages can be connected to other devices (Photo: Getty) A man is preparing to sue Apple for more than £5million after his wife discovered ‘deleted messages’ he sent to sex workers. The unfaithful husband claims that Apple’s lack of transparency over deleted messages … Read more
Corner down icon An icon in the shape of a corner pointing downwards. Jeff Bezos dreams of a future where a trillion people live in giant space stations floating through the solar system. AP/Ted S. Warren Jeff Bezos dreams of a trillion people living on giant space stations throughout the solar system. This is how … Read more