Category Business News

What luxury is telling us.

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fed7b76c8-374d-40f0-855b-81bdafff09d0.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Open the editor’s digest for free FT editor Rula Khalaf picks her favorite stories in this weekly newsletter. Christmas is just days away, a good time to review the shopping season. I think a bit about the luxury…

Matt Getz has been accused by a panel of the US Congress of paying for sex and using drugs

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fe492d696-eced-452f-8a69-2a2149c2b3a2.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Open the White House Watch newspaper for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s former attorney general, President Matt Gaetz, was accused in an explosive report on Monday…

Airlines are experiencing the busiest Christmas season on record.

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fbb12d8b5-895e-4eb8-a93f-05c61bd2ea3b.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Get free updates Register easily Airline myFT Digest — delivered straight to your inbox. Airlines on both sides of the Atlantic are scrambling to celebrate the busiest Christmas season as tens of millions of passengers take to the…

UK launches review of electric vehicle sales targets.

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F0ea9e5cc-3d95-4d2e-beee-5daf4baedbe7.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Get free updates Register easily Electric vehicles myFT Digest — delivered straight to your inbox. The UK government has announced it will hold a consultation on zero-emission vehicle targets following complaints from car manufacturers that demand for electric…

The Fed said it is weighing changes to bank tests for systemic risk.

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4f66ba31-d6f7-4e6c-9ae2-a30f4dae0763.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Get free updates Register easily Financial and market regulation myFT Digest — delivered straight to your inbox. The Federal Reserve is weighing “significant changes” in its annual stress tests for large U.S. banks, reducing the volatility of test…

The new French Prime Minister chose Eric Lombard as the Minister of Finance

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F411e8de8-0de7-4b1e-ae70-a01c7652ad14.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Open the editor’s digest for free FT editor Rula Khalaf picks her favorite stories in this weekly newsletter. France’s new prime minister, Francois Bairro, has named Eric Lombard, the head of the state-backed financial group Caisse des Dépots,…

Deloitte aims to halve UK travel and spending

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F1beac1bb-3bcc-4dab-ae21-408bc7d6a2b4.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Open the editor’s digest for free FT editor Rula Khalaf picks her favorite stories in this weekly newsletter. Deloitte wants to cut spending on staff travel and expenses in the UK by more than 50 percent as it…

The simple secret behind the UK’s best performing council pension fund

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F11fabc31-bfc4-407d-a78e-7ffa269ed8e9.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Quentin Marshall, chairman of Kensington and Chelsea’s £1.9bn pension scheme, delivered the best performance of any UK local authority fund over the past decade, parking half its assets in global equity indices. In the year Marshall, who has…

US banking giants have the largest industry profits since 2015

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fa367711c-ca1c-4bb7-949d-fe17d997ca31.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Get free updates Register easily American banks myFT Digest — delivered straight to your inbox. The four largest US banks are on pace to capture the largest share of the industry’s profitability in a decade, a sign of…

The world’s leading democracies are struggling to govern.

[ad_1] https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff10f178c-5aad-4429-8b0b-35959be376b0.jpg?source=next-article&fit=scale-down&quality=highest&width=700&dpr=1 Get free updates Register easily Geopolitics myFT Digest — delivered straight to your inbox. According to President Joe Biden’s national security adviser, Jake Sullivan, the G7 is “the steering committee of the free world.” If so, the free…