Business
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China’s weak factory PMI puts pressure on stimulus spending
August 31, 2024
China’s weak factory PMI puts pressure on stimulus spending
A worker assembles a corn combine harvester at a factory in Qingzhou Economic Development Zone, east China’s Shandong Province, Aug.…
EY cuts pay rises and bonuses for UK tax staff after slow year
August 31, 2024
EY cuts pay rises and bonuses for UK tax staff after slow year
Unlock Digest Editor for free FT Editor Roula Khalaf picks her favourite stories in this weekly newsletter. EY has slashed…
Ford scales back electric vehicle rollout as demand slows
August 31, 2024
Ford scales back electric vehicle rollout as demand slows
The automaker expects to incur $1.9 billion in special costs and related depreciation as automakers continue to adjust their electric…
Brazil’s Supreme Court Orders Nationwide Suspension of Elon Musk’s Operations
August 30, 2024
Brazil’s Supreme Court Orders Nationwide Suspension of Elon Musk’s Operations
Jaque Silva | SOPA Images | Rocket | Getty Images Brazil’s Supreme Court on Friday ordered a nationwide suspension Elon…
Whitehaven Coal to sell stake in coal mine for $1.08 billion
August 30, 2024
Whitehaven Coal to sell stake in coal mine for $1.08 billion
Whitehaven Coal has signed a deal to sell a 30% stake in an Australian coal mine for $1.08 billion.
The best AI deal of the week turns out to be Dell, and Wall Street sees more gains
August 30, 2024
The best AI deal of the week turns out to be Dell, and Wall Street sees more gains
Dell Technologies was a surprisingly big beneficiary of the artificial intelligence momentum this week. Dell shares rose 1% on Friday…
Federal Reserve’s preferred measure of inflation held steady at 2.5% in July
August 30, 2024
Federal Reserve’s preferred measure of inflation held steady at 2.5% in July
Always up to date information for free Just sign up to US Inflation myFT Digest — delivered directly to your…
Swiss Re Maintains Target After Profit Beats Expectations
August 30, 2024
Swiss Re Maintains Target After Profit Beats Expectations
The Zurich-based reinsurer posted a net profit of $996 million in the second quarter, saying its performance benefited from disciplined…
The Bank of Japan is certain to raise interest rates further. The question is when.
August 30, 2024
The Bank of Japan is certain to raise interest rates further. The question is when.
TOKYO, JAPAN – AUGUST 23: Bank of Japan Governor Kazuo Ueda attends a meeting of the finance committee at the…
Telegram’s financial future in doubt as director faces criminal investigation
August 30, 2024
Telegram’s financial future in doubt as director faces criminal investigation
Telegram’s hopes of a lucrative IPO within two years have been hit by criminal charges against the messaging app’s chief…