Business
Bitcoin-friendly Trump administration and expanded statehouse lobbying could push public pension funds and treasuries to buy into crypto
Proponents of the uniquely volatile commodity argue it is a valuable hedge against inflation, similar to gold. Read More
Tesla fights to avoid the steep cost of scrapping Elon Musk’s pay package
Over $100bn in accounting and tax charges may await electric-car maker and CEO if they are forced to abandon 2018 ...
What Trump’s industrial policy will look like
New legislation raises questions about whether Maga, or Wall Street, will steer the ship in the incoming administration
Revolut backers offload almost $1bn of stock
Secondary share sales have allowed early investors and staff to crystallise paper gains at $45bn valuation
Treasury insists on no spring Budget despite fears of fiscal rule breach
Chancellor Rachel Reeves is committed to ‘one major fiscal event every year’, say officials
How China is setting up shop in America’s backyard
An increasingly close trade relationship is putting Mexico in the spotlight
‘I’m not trying to turn GSK into Google’: How GSK’s Silicon Valley veteran has transformed the pharma giant into a tech powerhouse
Shobie Ramakrishnan has helped transform GSK into a data-led company, helping speed up drug discovery. Read More
South Korean court starts impeachment proceedings of President Yoon Suk-yeol over short-lived martial law
Courts have around six months to decide whether to uphold the impeachment. Elections must be held within two months if ...
Beijing’s stimulus struggles to lift consumption as November retail sales grow more slowly than hoped
China’s retail sales expanded 3% year-on-year in November, slower than the 5% growth predicted by a Bloomberg forecast. Read More
Dollar’s Trump-fueled gains face a reality check late next year
Roughly a half dozen sell-side strategists, are now forecasting the dollar will peak as early as mid next year before ...
Germany is unraveling just when Europe needs it most
“It is a very slow, very protracted decline. Not of a company, not of a city, but of the entire ...
UK manufacturing confidence slumps after Reeves’ Budget
Data from Make UK complicates picture for BoE rate-setters as they contemplate how quickly to cut interest rates
UK, Australia to recommit to defense pact at meeting in London
Under the Aukus deal signed in 2021, the three countries have committed to delivering a fleet of nuclear-powered submarines for ...
Křetínský £5.3bn bid for Royal Mail owner to get greenlight from UK government
State will keep ‘golden share’ in troubled postal service
Putin is desperately trying to reverse Russia’s population crisis and sees Ukraine as a solution, experts say
“Putin understands that, in the world of tomorrow, Russia will be a territorial giant and population dwarf.” Read More
Recently declassified radio wave technology should be used on drones and operators, Schumer says
Drones are now being reported all along the northern East Coast, with suspicious sightings in Connecticut, Massachusetts, Pennsylvania and Virginia. ...
Work trends like AI are forcing Asian professionals to adapt, and fast: ‘The pace of change is speeding up’
Over 80% of Indian professionals report feeling overwhelmed by how quickly their jobs are changing, according to LinkedIn. Read More
Economists trim Fed rate cut estimates on fear of Trump inflation surge
Deregulation, tax cuts and tariffs stoke probability of stubbornly high price growth, FT-Chicago Booth poll finds
Russia pulls hundreds of troops out of Damascus after rebel takeover
Hayat Tahrir al-Sham says it co-ordinated retreat of soldiers to Hmeimim air base with Moscow
A forever bond issued 400 years ago still pays interest. Here’s how much the holder just got
On Dec. 10, 1624, a Dutch water authority sold a bond for 1,200 Carolus guilders to a woman in Amsterdam, ...
This practice in the health insurance industry may have ‘gotten out of control,’ Wall Street analyst says
“And also, you do have a more populist party, and the industry is not as popular as it used to ...
UK minister defends talks with Beijing despite China spy claims
Home secretary says Britain will take robust approach to any challenge to national or economic security
Syria is not interested in conflict with Israel, rebel leader suggests
Abu Mohammad al-Jolani says new rulers must not get distracted from task of rebuilding
Assad dispatched $250mn of Syria’s cash to Moscow
Central bank sent planeloads of dollars in 2018 and 2019 when dictator was indebted to the Kremlin
Trump names foreign policy adviser Richard Grenell as special missions envoy for ‘some of the hottest spots around the World’
Grenell served as ambassador to Germany during Trump’s first administration, special presidential envoy for Serbia and Kosovo peace negotiations, and ...
Mayorkas sees no imminent drone threat, calls for wider powers
Mayorkas speculated that one reason for the increase in sightings is that in September 2023 the Federal Aviation Administration allowed ...
Biden plans measures on AI, clemency and lands in final stretch
“A presidency is not measured just in weeks, months, or four-year terms alone – rather its impact is evaluated for ...
How to choose a Medicare Part D prescription drug plan
Taking the time to figure out which plan is right is vitally important for the 53 million Medicare beneficiaries with ...
