Business

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from the tent city to the war zone in Rafah

from the tent city to the war zone in Rafah

In early May, the southern Gazan city of Rafah was bustling with more than 1 million displaced people. Now, most…
Southeast Asia experiences deal slump, with PE deal value down 39% in 2023

Southeast Asia experiences deal slump, with PE deal value down 39% in 2023

Private equity investment is being scaled down around the world, as “higher for longer” interest rates and uncertain global growth…
American Airlines admits errors in business travel operations; Stocks fell

American Airlines admits errors in business travel operations; Stocks fell

Chief Executive Robert Isom said the airline lost business travel after cutting sales staff and shifting away from corporate booking…
This fund stock could increase by 35% if the redemption limit is lifted: Investors

This fund stock could increase by 35% if the redemption limit is lifted: Investors

Caledonia Investments could see its share price rise more than 35% if restrictions on share buybacks are lifted, according to…
Salesforce shares sink after weak profit forecast

Salesforce shares sink after weak profit forecast

Shares of workplace software company Salesforce fell 15% in after-market trading on Wednesday as sales and earnings forecasts missed forecasts.…
Homeowners insurance outlook: insurers paid out a staggering $100 billion last year

Homeowners insurance outlook: insurers paid out a staggering $100 billion last year

Home insurers are being hit hard by the costly combination of severe storms and high inflation. They just had their…
American Airlines cuts growth after sales strategy backfires

American Airlines cuts growth after sales strategy backfires

American Airlines aircraft parked at the gate at Los Angeles International Airport (LAX) in Los Angeles, California, on July 26,…
Diane Abbott was banned from running for the Labor Party

Diane Abbott was banned from running for the Labor Party

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Veteran Labor MP…
Danish energy giant Orsted will pay New Jersey $125 million to scrap two offshore wind farms planned last year

Danish energy giant Orsted will pay New Jersey $125 million to scrap two offshore wind farms planned last year

The state Public Utilities Commission said Tuesday that New Jersey and Orsted have settled claims against each other stemming from…
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