Fin'l Times

Don’t draw the wrong conclusion from Treasury yields

Investors are marking up their expectations for long-run economic growth in the US...

2 hours ago

Uefa prepares criminal complaint against Fifa’s Infantino

Governing body of European football seeking documents from Joshua Kushner’s investment firm...

2 hours ago

Jes Staley told Congress it was ‘incredible’ Epstein’s abuse continued after jail

Former JPMorgan banker who went on to be CEO of Barclays appeared before Congress in July...

5 hours ago

Is AI making workers more vulnerable?

A new study could be the missing link between reports that AI is leading employers to rethink roles and the dearth of evidence on job displacement...

5 hours ago

Israel considers expelling UK from postwar Gaza headquarters

Prospect of ousting British and potentially other European officials from US-led ceasefire hub comes amid growing criticism of Netanyahu government...

13 hours ago

The US is gambling with its role as the world’s investment hub

If being overweight America is not the default option, it will upset the country’s economic equilibrium...

13 hours ago

Are economists making themselves too useful in the AI boom?

The rush to collaborate with these tech companies comes with risks...

13 hours ago

What does PwC’s China setback mean for the Big Four?

Hong Kong court allows liquidators of collapsed property group Evergrande to pursue the body at the centre of PwC’s global network for audit failings...

15 hours ago

Lisa Cook says Trump has no grounds to fire her over ‘inadvertent’ mortgage paperwork

Lawyers for the Federal Reserve governor deny any ‘intentional wrongdoing’ in response to president’s threats to dismiss her...

17 hours ago

Nvidia projects 70% sales growth next year as AI boom shows no sign of slowing

Chip giant’s data centre division grew 117% last quarter as clients race for computing power...

19 hours ago

Anthropic agrees $45bn AI data centre deal with UK start-up Nscale

Claude maker is rushing to secure computing capacity to run and train its latest models...

19 hours ago

‘We got attacked’: Canadians unite in fury against Trump’s latest tariff salvo

Washington’s aggressive trade stance prompts defiance from northern neighbour...

20 hours ago

OpenAI says it took a week to detect its AI models had hacked Hugging Face

Start-up says AI agents communicated among themselves and sometimes tried to conceal efforts to cheat during testing...

22 hours ago

Hundreds reported missing after flash flood on Nepal border with China

At least 160 people are confirmed dead and many local residents, foreign tourists, workers and security personnel remain unaccounted for...

23 hours ago

What businesses can learn from Dollynomics

Parton will be remembered mostly for her records, but she was also an entrepreneur...

1 day ago

Vanguard and Victory Capital bet on scale as fund industry consolidates

Asset management deal volumes have reached $53.8bn this year, the highest since at least 1995 according to Dealogic...

1 day ago

Meta to pay up to $16.7bn to settle children’s social media harm case

Case relating to alleged failures of child protection was getting under way in California...

1 day ago

Mark Walter’s group insists there is no ‘fire sale’ and ‘no fraud’

TWG Global hits out at ‘multipronged attacks’ on investment empire, which has stakes in high-profile sports teams...

1 day ago

Iran war approaching Ukraine-style stalemate, says shipping boss

Freight rates remain at record highs while oil prices fall back on talks between Iran and Oman to reopen the Strait of Hormuz...

1 day ago

Liquidators can pursue PwC globally over Chinese property giant’s collapse, court rules

Hong Kong decision has potential to threaten Big Four firms’ partnership network model...

1 day ago

Bill Gates calls for ‘human reserved’ jobs to protect labour force from AI

Tech billionaire publishes 6,000-word essay warning the technology will usher in ‘one of the most turbulent times in human history’...

1 day ago

Bessent’s bond intervention puts US Treasury on collision course with Fed

Increased purchases of debt threaten to undermine central bank chief Kevin Warsh’s bid to tame inflation...

1 day ago

Institutional investors back Blackstone and KKR funds for wealthy individuals

Shift by private equity’s traditional backers could threaten traditional 10-year fund model...

1 day ago

Berlin’s defence push draws global groups to set up shop in Germany

Companies from Norway, Finland and South Korea establish German offices to tap higher spending...

1 day ago

South Korea challenges China on Arctic trade route

Seoul hopes polar sea highway will reduce reliance on chokepoints such as Hormuz and revive ailing city of Busan...

1 day ago

Trump-backed candidate wins South Carolina primary

Darline Graham’s victory reinforces US president’s hold on the Republican Party ahead of November’s midterm elections...

1 day ago

US audit regulator scraps investor advocate role as Trump-era revamp accelerates

Public Company Accounting Oversight Board scraps office set-up under Biden administration to represent shareholders...

1 day ago

Syria’s Kurds dissolve military force and integrate fighters with Damascus

Merger with Syrian army is a step forward in push to bring country under central government control...

1 day ago

Foot Locker owner plunges after warning nervous consumers are cutting spending

Dick’s Sporting Goods shares slide after telling analysts that shoppers are cautious ‘due to the geopolitical environment’ ...

1 day ago

SpaceX commits $100bn to Louisiana space base

Elon Musk’s rocket conglomerate plans its second launch complex to support more Starship launches...

1 day ago

Iran and Oman edge towards deal on Strait of Hormuz

Interim proposal on managing shipping is first hint of diplomatic progress to reopen the waterway in weeks...

2 days ago

Iranian tankers gather off Sri Lankan coast

Cut off from home ports by the US blockade, ships seek shelter close to Sri Lanka’s territorial waters...

2 days ago

‘Embarrassing’: US officials recoil fromTrump’s Canada attacks

Deepening trade war between two long-term allies descends into insults and recrimination...

2 days ago

Store water and tinned food to prepare for emergencies, UK citizens to be told

Ministers step up work on ‘war book’ in push for resilience against extreme weather and cyber threats...

2 days ago

Another drone found at Leipzig airport as Germany warns of ‘unscrupulous’ attacks

Latest discovery made near scene where explosive-laden drone was uncovered on August 4...

2 days ago

OnlyFans owner received $700mn in dividends before his death this year

Streaming platform used by sex workers has 5mn creator accounts according to latest annual results...

2 days ago

Nvidia employee charged with smuggling advanced chips into China

Prosecutors identify Taiwan-based manager as ‘central figure’ in scheme involving US semiconductor maker’s AI servers...

2 days ago

JPMorgan eases approach on lending against shares to court AI’s new wealth

US bank shortened time horizon for SpaceX workers and investors to borrow against stock holdings and may do same for Anthropic...

2 days ago

SEC subpoenas Wall Street banks over Situational Awareness

Leopold Aschenbrenner’s AI-focused hedge fund nearly collapsed in July before striking a deal with Citadel...

2 days ago

US Supreme Court allows Trump restrictions on mail-in ballots

Justices lift decision to block president’s order to restrict eligibility to a new federal list of voters...

2 days ago

First Brands forced into liquidation by bankruptcy court

Federal judge in Texas said litigation trust plan floated by company and senior lenders ‘was unconfirmable under any circumstances’...

2 days ago

Trump says US to increase tariffs on Canadian cars to 50%

Move marks further escalation of Washington’s trade war with Ottawa...

2 days ago

Scott Bessent threatens wider US sanctions on Iran’s economic partners

Treasury secretary warns of further measures in bid to increase pressure on Tehran...

2 days ago

Shipping industry warns small battery exemption increases fire risk on vessels

Container lines push regulator to change rules where laptops or power banks with batteries do not need to be declared...

3 days ago

Canadian businesses fear ‘vortex of downward pressures’ from Trump’s tariffs

Renewed trade war has inflicted pain and uncertainty on companies that deal with US...

3 days ago

An offer Canada could only refuse

Saint Mark Carney’s canonisation owes much to Donald Trump’s inept bullying...

3 days ago

Ukraine hits Russia’s second-largest online retailer

Kyiv’s drones target Ozon warehouses after weeks of strikes against market leader Wildberries...

3 days ago

Iran threatens 46 ships in Strait of Hormuz transit crackdown

Tehran said vessels violated protocols for travelling across waterway and could face fines or confiscation...

3 days ago

Saudi Arabia holds talks over state-backed war insurance as costs jump

Insurers have raised prices or restricted coverage for ships and other firms in the region owing to Iran conflict and Houthi attacks...

3 days ago

A ‘democratised’ financial crisis is still a crisis

Private credit’s insurance boom could have hidden costs...

3 days ago