Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • ‘Dare to fight’: Xi Jinping unveils China’s new world order
    • Donald Trump indicted on criminal charges in New York
    • Donald Trump to surrender to New York prosecutors on Tuesday
    • Donald Trump indictment thrusts a divided nation into new chapter of chaos
    • Finland’s PM Sanna Marin faces reckoning at home
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Banks in turmoil
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Colm Kelleher: Irish financial crisis veteran orchestrating Credit Suisse takeover
      • UK is global equity markets ‘backwater’, Nick Train warns
      • Dealmaking at 10-year low in first quarter as bank crisis hits confidence
      • How rising interest rates are exposing bank weaknesses
      • Virgin Orbit shares plunge after announcing ‘ceased operations’
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Prepare for a multipolar currency world
      • Live news updates from March 31: Nasdaq posts biggest quarterly gain since 2020, Eurozone inflation slows
      • Flood of cash into US money market funds could add to banking strains
      • UK is global equity markets ‘backwater’, Nick Train warns
      • How rising interest rates are exposing bank weaknesses
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Prepare for a multipolar currency world
      • Why are Americans dying so young?
      • We are living through a trillion-dollar rebalancing
      • Law versus man: Trump’s courtroom drama begins
      • Multiple red flags are not yet slowing the generative AI train
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Boomerang chief executives provide comfort in times of crisis
      • Matthew Desmond: ‘America does so much more to subsidise affluence than alleviate poverty’
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • I used AI to bet on horse-racing. Here’s what happened
      • Serhiy Prytula: ‘The defence minister said: “Try to buy a satellite.” I thought he was joking’
      • Gwyneth Paltrow, ‘stealth wealth’ star of the courtroom catwalk
      • Chinese artists test censorship’s new red line
      • The big new trends from Watches and Wonders 2023
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    News in-depth

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Friday, 31 March, 2023
      France
      ‘They fuel anxiety’: Paris to vote on ubiquitous e-scooters

      ‘Trottinettes’ are billed as eco-friendly, strike-proof transport but have caused angst on the streets

    • Friday, 31 March, 2023
      Humza Yousaf
      Humza Yousaf: New first minister vows to deliver independence for Scotland

      Ending the 316-year-old union with England will be no easy task after narrow leadership election win

    • Friday, 31 March, 2023
      Media
      Indian tycoon Ambani takes on Disney in world’s richest cricket league

      Tournament offers rights holders, including newcomer Viacom18, chance to shake up market

    • Friday, 31 March, 2023
      Finland
      Finland’s PM Sanna Marin faces reckoning at home

      Prime minister is lauded abroad but cuts a polarising figure in her own country, jeopardising chances of re-election

    • Thursday, 30 March, 2023
      United Arab Emirates
      Abu Dhabi ruler projects stability by naming eldest son as crown prince

      Sheikh Mohammed ends succession speculation after choosing Sheikh Khaled amid string of changes to the leadership

    • Thursday, 30 March, 2023
      Global inflation
      Central bankers warn companies on fatter profit margins

      After focusing on the dangers of strong wage growth, rate-setters have switched to businesses raising prices

    • Thursday, 30 March, 2023
      Israel
      Battle to curb Israel’s court unites Netanyahu’s coalition

      Proponents of judicial reform remain committed to overhaul despite suspension of legislation

    • Wednesday, 29 March, 2023
      UBS Group AG
      Why UBS brought Ermotti back as chief executive

      Swiss bank bets its former boss will do a better job of integrating Credit Suisse than Ralph Hamers would have

    • Wednesday, 29 March, 2023
      Alibaba
      Alibaba bets on split to survive Chinese tech’s new battlefields

      Separation of units marks biggest shake-up of ecommerce group since Jack Ma founded it 24 years ago

    • Wednesday, 29 March, 2023
      Silicon Valley Bank
      ‘Hard to fluster’ adviser lands central role in US bank mess clean-up

      Todd Snyder ran auctions of Silicon Valley and Signature banks after failures

    • Wednesday, 29 March, 2023
      EU agriculture
      Ukraine grain glut hits agribusiness in neighbouring countries

      Romanian and Polish farmers criticise ‘derisory’ EU compensation and politicians call for higher offer

    • Tuesday, 28 March, 2023
      Gambling industry
      Stake.com: the Aussie gambling minnow that made it big on crypto

      Business founded in 2017 has grown almost unnoticed to become the world’s seventh largest gambling group

    • Tuesday, 28 March, 2023
      Investor activism
      Activist investors smoke out South Korea’s undervalued companies

      Campaign at tobacco maker underlines rise of funds taking on the old guard to unlock higher share prices

    • Tuesday, 28 March, 2023
      Embracer Group
      Embracer: gaming ‘roll-up’ battles claims of aggressive accounting

      Lars Wingefors created Europe’s biggest gaming company with an acquisitive strategy that has attracted short sellers

    • Tuesday, 28 March, 2023
      War in Ukraine
      Military briefing: why Ukraine wants to neutralise Russia’s bases in Crimea

      Kyiv’s strikes on assets in the occupied peninsula are crucial to its counter-offensive

    • Tuesday, 28 March, 2023
      IPOs
      Middle East on ‘radar’ of global investors as it enjoys IPO boom

      Frenzy of activity across the region contrasts sharply with Europe’s moribund market

    • Monday, 27 March, 2023
      Israel
      ‘Injured and hurting’: Israel roiled as Netanyahu is forced to retreat

      Veteran leader suspends divisive judicial reform plan after country is plunged into its biggest crisis in decades

    • Monday, 27 March, 2023
      Scottish National Party
      Scotland’s incoming first minister has a daunting in-tray

      Humza Yousaf must heal SNP divisions, fix public services and outline a route to Scottish independence

    • Monday, 27 March, 2023
      Banks
      Banks in turmoil

      The global banking system has been rocked by the collapse of Silicon Valley Bank, Signature Bank and the last-minute rescue of Credit Suisse

    • Monday, 27 March, 2023
      US employment
      Pay transparency laws in US stir worker discontent

      Companies face ‘upset’ employees who are learning what new recruits will earn

    • Monday, 27 March, 2023
      Iraq
      Crippling dollar shortage underscores vulnerability of Iraq’s oil-based economy

      Attempts to control a monetary crisis have had unintended consequences for a country struggling to get back on its feet

    • Monday, 27 March, 2023
      UK business & economy
      Martha Lane Fox warns UK policymakers of fragile business confidence

      Big investment decisions being held back by political and economic uncertainty, says president of the British Chambers of Commerce

    • Sunday, 26 March, 2023
      Banks in turmoil
      Wine growers fear funding will wither after fall of Silicon Valley Bank

      The tech lender was a crucial pillar to vintners north of San Francisco

    • Sunday, 26 March, 2023
      Digital health
      Can private tech groups reduce NHS cost pressures?

      From virus-scanning apps to music therapy, new partnerships are cutting bills across the health service but obstacles remain

    • Sunday, 26 March, 2023
      Global migration
      Panama warns of surge in US-bound migration through deadly jungle

      People fleeing poverty and repression are often unaware of dangers of terrain infested by bandits and snakes

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Banks in turmoil
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • FTfm
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In