ECONOMY
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Posco chief warns strong dollar is dragging down profits
Posco, one of the world’s largest steelmakers, has warned that a strong dollar and weak Korean won are inflating the…
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New York’s ‘zombie’ office towers teeter as interest rates rise
During a prolonged bull market fuelled by historically low interest rates and nearly free money Doug Harmon and his team…
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Cyril Ramaphosa set to launch fightback in bid to hang on to presidency
Cyril Ramaphosa is preparing to challenge a damning report to the South African parliament that accuses the president of abuse…
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Politics and Brexit: Fear of the ‘B’ word
This is the final part in the FT series Brexit: the next phase Brexit is the hot topic of the…
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Artist Osman Yousefzada’s guide to Karachi
My connection to Karachi has been as part of the diaspora. I first travelled there with friends I’d met as…
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Russia’s deportations of Ukrainian children stir accusations of genocide
This article is an onsite version of our Europe Express newsletter. Sign up here to get the newsletter sent straight…
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How to emerge a hero from the tension of a World Cup penalty shootout
How to take a penalty, and how to save one? With the World Cup’s knockout stages starting on Saturday, these…
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Eleanor Jackson Piel, US civil rights lawyer, 1920-2022
Eleanor Jackson Piel became a lawyer because classmates told her she could not get into law school. “So of course…
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Hakeem Jeffries, big tent Democrat tasked with bringing back the House
When Hakeem Jeffries was growing up in Crown Heights, a working-class neighbourhood in Brooklyn, his congresswoman was Shirley Chisholm, a…
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Kim adopts trappings of royalty as he presents ‘princess’ to North Korea
When North Korean state media published photos of Kim Jong Un at the launch of an intercontinental ballistic missile last…
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Darjeeling tea price tumbles after India leaf-blending quarrel
Prices for India’s prized Darjeeling tea have tumbled this year after buyers including Tetley-owner Tata slashed purchases over a regulatory…
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Democrats vote to unseat Iowa as first contest in presidential primaries
The Democratic party has moved to dramatically shake up the presidential primary calendar, choosing South Carolina as the first nominating…
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When politics wasn’t a team sport
It has all been downhill in America since the first six presidents. Western civilisation was never the same after ancient…
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French hail ‘breakthrough’ in EU dispute with US over climate law
US president Joe Biden’s offer to fix provisions in his flagship climate package to help US allies is a “breakthrough”…
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Russia assembles ‘shadow fleet’ of tankers to help blunt oil sanctions
Russia has quietly amassed a fleet of over 100 ageing tankers to help circumvent western restrictions on Russian oil sales…
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Recession watch: manufacturing edition
Before anyone gets too worried about tighter monetary policy after the strong jobs report, first take a look at Thursday’s…
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US says Chinese solar companies have been evading tariffs
The US commerce department on Friday said it has found Chinese solar manufacturers have been avoiding tariffs by assembling panels…
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Relief rally faces big tests
This is a very special time for those who believe that if you’ve been good all year, a benevolent snowy-haired…
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Nurses strikes could hit A&E services in England, Wales and Northern Ireland
British hospital leaders are holding intensive talks with local union officials to try to limit the impact of strikes on…
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The humbling of Xi Jinping
For Chinese football fans watching World Cup matches on television, the first sign there was something amiss was when they…
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Working 9 to 5
This article is an on-site version of our Disrupted Times newsletter. Sign up here to get the newsletter sent straight…
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UK rail groups prepare for weekend talks over pre-Christmas strikes
UK rail unions and train operators are preparing for possible weekend talks aimed at averting looming pre-Christmas strikes after both…
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Biden signs bill to avoid US rail strike
Joe Biden has signed a deal to avert a potential rail strike after he had pushed for an eleventh-hour agreement…
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EU reaches deal to impose $60 cap on Russian oil exports
EU member states have agreed to implement a $60 ceiling on global purchases of Russian oil after Poland dropped its…
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InfoWars founder Alex Jones files for bankruptcy
Alex Jones, founder of the far-right US website InfoWars, has filed for bankruptcy after being ordered to pay almost $1.5bn…
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Threatening packages sent to Ukrainian diplomatic missions
Ukraine’s foreign ministry has spoken of a “well-planned campaign of terror and intimidation” after more than a dozen threatening packages,…
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Private schools are an easy target for Labour, but not a risk-free one
Private schools in England have a twofold problem: both parts explained by success. Thanks to the improvements in education overseen…
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‘Phala Phala’ scandal threatens Cyril Ramaphosa’s legacy as ANC saviour
Cyril Ramaphosa seemed so confident in his position as South Africa’s president last week that he jetted off to the…
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Afghan activist Zarifa Ghafari: ‘They sold Afghanistan to the Taliban’
Zarifa Ghafari says it became clear she could no longer trust her driver when Taliban militants tried to blow up…
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Watchdog warns firms over CFD mis-selling risks
The UK financial watchdog has warned it will crack down on companies offering a highly-leveraged investment product to retail customers…
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Sajid Javid to quit as MP at next election
Former UK health secretary Sajid Javid has confirmed that he will not stand as an MP in the next general…
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The dark side of retail therapy
The cost of living crisis failed to put much of a dent in Black Friday. Americans spent a record $9.12bn…
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Brexit: Has business found its voice?
This is the third part in a new FT series, Brexit: the next phase. Nearly two years after the UK’s…
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On the breadline: inflation overwhelms Europe’s food banks
With no job and speaking little of the language, Olena Vinykova has relied on her local food bank to cope…
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UK regulator warns insurers over low payouts
The UK’s financial regulator has warned insurers not to undervalue cars and other property when it comes to making payouts…
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‘We can’t be complacent’: Barack Obama rallies Democrats as they seek victory in Georgia
At a revamped rail yard warehouse on the east side of Atlanta, former president Barack Obama delivered a jolt of…
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BREITing bad
Yesterday Blackstone’s giant property vehicle BREIT limited withdrawals, triggering a mild case of PTSD among some financial crisis survivors. Are…
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Failing public services are not helpless — government must step up
This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight…
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Palmer Luckey’s defence start-up Anduril raises almost $1.5bn
Defence technology start-up Anduril has raised nearly $1.5bn in the second-biggest venture capital round of the year in the US,…
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Incendiary claims about the UK census do not reflect reality
This week, the latest tranche of data from the UK’s 2021 census was published, including figures on race and ethnicity.…
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Cyril Ramaphosa’s presidency hangs in the balance as ANC leaders meet
South Africa’s ruling African National Congress is set to meet on Friday to decide Cyril Ramaphosa’s fate, with his presidency…
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‘It’s absolutely fantastic’: visiting fans shrug off Qatar negativity
Souq Waqif, the busiest market in the Qatari capital Doha, is the unofficial focal point for the Fifa World Cup,…
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US jobs growth expected to have slowed again in November
The pace of US jobs growth is expected to have slowed again in November in a further sign that demand…
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Military briefing: Ukraine war exposes ‘hard reality’ of west’s weapons capacity
Nearly 10 months into Russia’s full-scale invasion of Ukraine, the allies that have backed Kyiv’s war effort are increasingly concerned…
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IMF head warns of ‘exceptional’ uncertainty as zero-Covid hits China’s economy
The head of the IMF has warned Asia’s leaders and central bankers to brace for “exceptional” uncertainty as China’s zero-Covid…
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Finnish leader warns democratic countries against being ‘naive’ on China
Finland’s prime minister has warned democratic countries to “stop being naive” about China, saying it is essential that they reduce…
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Labour calls for new election after humbling Conservatives in Chester
Rishi Sunak suffered the first electoral defeat of his premiership after Labour held on to its Chester seat in the…
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Von der Leyen tempers optimism about Northern Ireland deal
This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight…
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World Cup briefing: Germany beat a hasty exit
Germany crashed out of the World Cup in the group stages — again. It was a humiliating exit for one…
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Florida prepares U-turn on Disney’s ‘Don’t Say Gay’ punishment
Florida lawmakers are working on plans to reverse a move that would strip Disney of its right to operate a…
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