Business
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‘Stuck in this Nazi building’: Germany’s bickering coalition halts finance ministry move
For the past quarter century, Germany’s finance ministry has been housed in a vast, gloomy edifice in central Berlin that…
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Chinese authorities raid US due diligence firm Mintz
Chinese authorities have raided US due diligence firm Mintz Group’s Beijing offices, detaining five local staff and closing its China…
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Is France on the road to a Sixth Republic?
The demonstrators at Place de la République in Paris were chanting, weirdly, in Italian: “Siamo tutti antifascisti,” — “We are…
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Conservatives win some culture battles, but they are losing the war
The 2010s were a fruitful decade for culture warriors on the right. There was a particularly rich seam in 2016,…
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Japan consumer price measure reaches highest level in 41 years
An important gauge of Japan’s consumer prices rose at the fastest pace in 41 years in February, increasing the challenges…
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Benjamin Netanyahu vows to press on despite coalition splits over Israeli judicial reform
Israel’s prime minister Benjamin Netanyahu insisted on Thursday night that he would press ahead with a key part of a…
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World Athletics upholds ban on Russian athletes ahead of Paris Olympics
World Athletics said on Thursday that athletes from Russia and Belarus would remain prohibited from competition, including qualification for the…
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China releases top chip investor to bolster semiconductor efforts
China has released a top chip investor after an eight-month detention as the country battles to bolster its semiconductor industry…
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Sri Lanka reels from aftershocks of debt crisis
On Colombo’s seafront promenade Galle Face, once a hub for anti-government protesters, a brother and sister plan a life far…
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TikTok: time running out for Chinese apps seeking US online growth
This is a big week for Chinese-owned short video app TikTok. Chief executive Shou Zi Chew will testify before the…
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Chipmakers fight spread of US crackdowns on ‘forever chemicals’
Intel and other semiconductor companies have joined together with industrial materials businesses to fight US clampdowns on “forever chemicals”, substances…
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We should regulate SUVs out of existence
About 15 years ago, travelling along an eight-lane highway in Alabama surrounded by SUVs and trucks, I thought: we aren’t…
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EY’s US boss warns it is ‘premature’ to say whether break-up plan can be salvaged
Julie Boland, the head of EY’s US business, said it was too soon to predict whether the plan to break…
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Ford forecasts electric vehicle division will lose $3bn this year
Ford said it expected to lose $3bn making electric vehicles this year, as it gave investors their clearest look yet…
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Rahul Gandhi sentenced to two years in prison over Modi remarks
Rahul Gandhi has been sentenced to two years in jail for remarks he made about Narendra Modi by a court…
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Rudolph ‘Rudy’ Lamone, U. Md. business school dean, dies at 91
Rudolph P. “Rudy” Lamone, a professor at the University of Maryland who served as dean of its business school for…
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WHO warns over spread of Marburg virus after Tanzania deaths
The World Health Organization has urged African health authorities to step up monitoring and clinical care after Tanzania reported its…
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Embattled crypto founder Do Kwon arrested in Montenegro
Comment on this story Comment Do Kwon, a prominent crypto founder who was behind two digital currencies that crashed last…
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Pro-Kurdish party switches to new banner to contest Turkish elections
Turkey’s pro-Kurdish People’s Democratic party (HDP) will run its parliamentary candidates in May’s election under another political banner to avoid…
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Fintech: scrutiny at Coinbase and Block comes amid bank wobble
It has hardly been a banner couple fortnights for traditional US banking. But life looks no easier for businesses tipped…
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French protest against Macron’s ‘provocation’ on pensions
More than a million people protested across France on Thursday to show their defiance of President Emmanuel Macron and his…
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Russian accused of evading sanctions escapes house arrest in Italy
A Russian businessman wanted in the US for alleged money-laundering and sanctions evasion has escaped from house arrest in Italy,…
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How European entrepreneurs can live the American dream
The writer is founder of Sifted, an FT-backed site about European start-ups This year, I have heard several visiting Americans…
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Kazakhstan to step up monitoring of goods re-exported to Russia
Kazakhstan is to monitor goods that pass through the country for re-export, tracking them until they reach their final destination…
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Spanish leader to discuss Ukraine war on Xi visit
Spanish prime minister Pedro Sánchez will discuss Chinese president Xi Jinping’s attempt to broker peace talks in Ukraine during an…
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Credit funds scrutinise ‘mythical, enormous’ Silicon Valley Bank loan book
As private credit investors comb through the $74bn loan portfolio of Silicon Valley Bank, they are finding vast portions that…
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Hindenburg Research shorts Jack Dorsey’s payments group Block
Hindenburg Research, the short seller that recently targeted India’s Adani Group, has accused payments group Block of artificially inflating its…
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Culture clash: the challenge of uniting fierce rivals UBS and Credit Suisse
It took just 72 hours for Swiss regulators to fast-track a $3.25bn rescue of Credit Suisse by its rival UBS.…
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Crypto fugitive Do Kwon arrested in Montenegro, says interior minister
Authorities in Montenegro have arrested an individual believed to be South Korean fugitive Do Kwon, the crypto entrepreneur behind the…
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Credit Suisse’s fate casts a shadow over the European banking sector
The writer is a former chief executive of Credit Suisse Like everyone else, I watched the events unfolding in Zurich…
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Hungary in talks with France over role in Russian-led nuclear plant
Hungary has begun talks with France over an increased role in its nuclear programme, which may eventually lead to replacing…
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China’s billionaires pay the price for Xi Jinping’s Covid crackdown
China’s population of super-rich fell more than 14 per cent last year as President Xi Jinping’s zero-Covid policy, regulatory crackdowns…
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Activist short seller accuses Cash App of facilitating fraud
Comment on this story Comment Shares of the fintech company Block tumbled on Thursday morning after an activist short seller…
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China says it ‘firmly opposes’ forced sale of TikTok
China said it “firmly opposes” any forced sale of TikTok, denouncing Washington’s demand that the social media app cut ties…
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Accenture to axe 19,000 jobs
Accenture has announced that it will axe about 19,000 jobs in the next 18 months, the largest in a series…
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Ford expects $3 billion loss on electric car business in 2023
Comment on this story Comment Ford’s electric vehicle business lost $2.1 billion in 2022 and has projected another $3 billion…
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Arm/SoftBank: raising prices will backfire on chip designer
For SoftBank’s Masayoshi Son, improving growth at Arm is a priority ahead of an IPO of the British chip designer.…
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Israel passes new law that limits when PM can be removed from office
Israel’s parliament has passed a law limiting the circumstances in which a prime minister can be removed from office, signing…
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Bank of England raises key UK interest rate to 4.25%
The Bank of England has increased interest rates by a quarter of a percentage point to 4.25 per cent, despite…
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Investors bet Fed has finished raising interest rates
Investors are betting that the Federal Reserve’s interest rate rise this week will be the last in its campaign to…
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‘Master of clocks’: can Macron wait out a crisis of his own making?
Faced with a political crisis largely of his own making, French president Emmanuel Macron has resorted to a trademark tactic…
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Advice | Work Advice: Answering client questions without giving away your job
Comment on this story Comment Reader: I am part of a digital marketing team providing services including building, managing and…
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New Mars boss bets on petcare as private empire aims to double sales
Early in the Covid-19 pandemic, two years before the Mars family picked him to lead its $45bn empire, Poul Weihrauch…
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Beware the ‘sensible’ crypto crowd — they’re worse than the fanatics
Much as it can be enjoyable to poke fun at the crypto bros — with their silly memes, irritating acronyms,…
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Iran’s finance minister trumpets surge in investment from Russia
Russia has become the largest foreign investor in Iran over the past year, according to Iranian officials, as the two…
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Powell splits the difference
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to…
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TikTok CEO faces pivotal hearing in Congress amid US crackdown
TikTok’s chief executive Shou Zi Chew will face attacks on multiple fronts when he testifies before Congress on Thursday, in…
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‘Close to thin ice’: looming credit crunch puts pressure on Fed
As Jay Powell fielded questions from journalists on Wednesday following the US Federal Reserve’s decision to plough forward with another…
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Swiss regulator defends wipeout of AT1 bonds in Credit Suisse deal
Swiss financial regulator Finma has defended its decision to wipe out the value of risky additional tier 1 bonds as…
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Jake Paul, Lindsay Lohan among 8 charged in SEC cryptocurrency case
Comment on this story Comment The Securities and Exchange Commission said Wednesday it had charged a handful of celebrities —…
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