Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A former employee of the World Economic Forum has sued the Swiss non-profit, which runs a high-profile conference each year in Davos, and its chair, Klaus Schwab, for discrimination. The former employee, Topaz Smith, who…
There’s no avoiding the hype surrounding AI these days. Promises of new developments like personal robot assistants and miracle cancer cures are ubiquitous as executives take every opportunity to emphasize their AI chops to enthusiastic investors—and slightly less enthusiastic consumers. Not everyone has been blown away by the AI fanfare, however. James Ferguson, founding partner…
Falling behind on mortgage payments. Late to pay credit card bills. A declining credit score. Years before people are diagnosed with dementia, they often begin facing these financial problems, new research from the Federal Reserve Bank of New York has found. Analyzing both U.S. credit score reports and Medicare data, the researchers found that in…
Flush from their unexpected victory in second-round elections, France’s leftist parties have been united in rejecting President Emmanuel Macron. But as the motley Nouveau Front Populaire (NFP) alliance seek to form a minority government, its parties are scrambling to keep unity and overcome divisions — not least over the role of far-left firebrand Jean-Luc Mélenchon. …
JPMorgan Chase could soon start charging some 86 million people for holding their own money for them. That’s according to Marianne Lake, CEO of consumer and community banking at JPMorgan Chase, who told the Wall Street Journal the bank may institute checking account fees in order to recoup any revenue lost if regulators go forward…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prosecutors on Monday urged a Manhattan jury to find Archegos founder Bill Hwang guilty of fraud and market manipulation, alleging that he “behaved as though the rules did not apply to him” by artificially inflating…
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. On February 24 2022, the world awoke to news that Russian tanks had rolled into Ukraine. This page is regularly updated with the latest maps, charts, videos and satellite imagery showing military, environmental and…
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Hurricane Beryl shut ports and curtailed refinery operations in Texas on Monday as 80mph winds slammed into America’s energy capital. The first Atlantic hurricane to make landfall in the US this year caused…
4 min read Last Updated : Jul 08 2024 | 11:58 PM IST The on-road prices of strong hybrid cars have decreased by up to Rs 4 lakh in Uttar Pradesh after the state government decided to waive registration fee on them in a bid to promote green technology, according to automobile industry sources. Around…
4 min read Last Updated : Jul 08 2024 | 11:54 PM IST India is preparing a draft legislation on the global minimum tax for multinational enterprises (MNEs) which could be proposed in the Union Budget, to be presented on July 23, and pave the way for changes to the country’s tax laws, said two…