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The Latest Breaking News from FT

Footsie turns 40: FTSE 100’s rise, rise and stagnation over four decades

The index grabbed attention from the start, but shows its age as 21st-century tech stocks go elsewhere

The Guardian - UK

The biggest corporate gaffes of 2023

It's that time of the year again. Here are 15 of the City desk's best corporate gaffes of 2023

Evening Standard

British startups should be kept on home soil, says top bank boss, who notes U.S. buyouts are getting all the glory with none of the risk

“We don’t want to be an incubator economy taking all the risk of these very, very tiny companies, and then not able to capitalize on that,” says BBB’s Stephen Welton.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Panic stations: why streaming's set for big changes in 2024

The problem with streaming is simple: there are too many streamers and not enough subscribers

TechRadar

OpenAI Redefines Relationship With Microsoft On Updated Website

The complex relationship between Microsoft and OpenAI includes competing with each other, sharing IP and investing billions of dollars.

International Business Times UK

'The rich will only get richer' and defy luxury slowdown, says group behind $139,000 speakers

Bang & Olufsen's CEO believes his shoppers will only get wealthier, after the company sold more high margin products last quarter.

Fortune

Sunak hit by new Rwanda revolt from Tory left as talks set to ruin PM’s Christmas

PM urged to defy pressure from Tory right-wingers and ‘tweak the bill in the other direction’

The Independent UK

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Who will be the FT's person of the year?

Editors have a swift decision to make

Evening Standard

Tory rebels won’t kill our Rwanda bill in new year, home secretary insists

James Cleverly says government ‘willing to listen’, as Tory right threatens to ‘kill the bill’ after Christmas

The Independent UK

X struggling to win advertisers back after Elon Musk’s profane outburst

X plans to cater to small and medium-sized businesses as big advertisers pull their dollars

The Guardian - US

MEA institutes enquiry committee to look into report of Indian involvement in plot to target Khalistani leader in U.S.

Govt sets up high-level enquiry to investigate US govt's inputs on alleged Indian involvement in plot to target Khalistani leader in US. MEA confirms security-related discussion between India and US. Pannun, a designated terrorist in India, is an American and Canadian citizen and legal counsel for Sikhs for Justice. FT's…

The Hindu

Greek premier to meet Starmer and Sunak in renewed push to return Elgin marbles

Kyriakos Mitsotakis due to meet Rishi Sunak and Keir Starmer in London next week

The Independent UK

Next-Gen Nissan Juke And Qashqai EVs To Be Made In The UK: Report

UK media claim Nissan will announce on Friday that its Sunderland plant will make all-electric successors to the Juke and Qashqai SUVs.

InsideEVs

Ex-employees accused tech boss Jones of sexual harassment and bullying

Lawrence Jones stepped down as CEO of web host provider UKFast after the Financial Times reported claims of sexual harassment.

The Independent UK

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news in one place.

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Fortune

Giorgio Armani plans to control his fashion empire even in death with a succession plan that details everything from style to IPOs and mergers

The fashion billionaire has reportedly provided his six heirs with instructions on everything from appointing style directors to going public.

The Guardian - UK

Britishvolt owner reportedly faces legal action over unpaid wages

Recharge Industries served with statutory demand from former employee that could lead to bankruptcy proceedings, FT reports

Newslaundry

‘No jurisdiction’, a dubious complainant: Why FT journalists moved SC against police notices

When the Gujarat police served notices to two Financial Times journalists asking them to appear before it, the police allegedly did not mention under which provisions of law the notices were issued. The police also did not offer details of any FIR filed in the matter, or a copy of…

Newslaundry

After OCCRP scribes, 2 FT India journalists get SC interim protection over Adani report summons

The Supreme Court has granted interim protection against any coercive action to two Financial Times journalists, who had approached the court against summons issued by the Gujarat police.

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news in one place.

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Newslaundry

SC set to hear FT’s India journalists’ plea against police summons over Adani report

The Supreme Court is set to hear a petition by Financial Times over the Gujarat police’s summons against two journalists who report from India for the British outlet.

Fortune

Novo Nordisk threatens to expand in US in row over EU rules

Novo Nordisk's CEO doesn't like proposed new EU rules that would cut the period for which drugmakers enjoy exclusivity for their products from 10 years to eight years.

The Independent UK

Sunak refuses to criticise Braverman over homelessness comments

The Prime Minister was speaking after a senior Cabinet minister distanced herself from Suella Braverman’s remarks.

Evening Standard

What is 12ft Ladder?: popular paywall-bypassing site is back online after being taken down

One of the most popular paywall-bypassing websites is back online after a brief hiatus

The Guardian - UK

‘Designed to distress and deter’: the impact of Slapp lawsuits on journalists and free speech

Individuals and campaigners tell of damage done by powerful people using the courts to try to shut down investigative reporting

Tom’s Hardware

China Chipmaker YMTC Spent $7 Billion to Overcome U.S. Sanctions

YMTC taps Chinese equipment makers to produce wafer fab equipment it needs.

The Guardian - UK

Odey Asset Management to shut after sexual misconduct allegations against founder

Financial institutions have cut ties with hedge fund set up by Brexiter and Conservative party donor

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