Business
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Gucci owner Kering’s earnings hit by change, China troubles
July 24, 2024
Gucci owner Kering’s earnings hit by change, China troubles
The French luxury goods group said it recorded revenue of 9.02 billion euros, down 11% on the report and compared…
2024 is shaping up to be another tough year for IPOs. What it takes to turn things around
July 24, 2024
2024 is shaping up to be another tough year for IPOs. What it takes to turn things around
This week will mark the biggest week for initial public offerings all year. Unfortunately, that may not be enough to…
Thames Water’s credit rating downgraded to ‘junk’
July 24, 2024
Thames Water’s credit rating downgraded to ‘junk’
Unlock Digest Editor for free FT Editor Roula Khalaf picks her favourite stories in this weekly newsletter. Moody’s has downgraded…
Kenya’s fertilizer subsidy program began in 2008. Now farmers say soil is dying.
July 24, 2024
Kenya’s fertilizer subsidy program began in 2008. Now farmers say soil is dying.
When Benson Wanjala started farming in his western Kenyan village two and a half decades ago, his 10-acre farm could…
Delta struggles to regain footing after tech meltdown
July 24, 2024
Delta struggles to regain footing after tech meltdown
Passengers have filed hundreds of complaints against the airline as it works to restore systems and find available personnel.
Musk says he hopes China will approve fully self-driving cars by the end of the year
July 24, 2024
Musk says he hopes China will approve fully self-driving cars by the end of the year
Tesla’s vehicle sales in China fell 5.4% in the first half of the year, although the company still held the…
Alphabet’s soaring revenue shows no sign of AI cutting into search revenue
July 24, 2024
Alphabet’s soaring revenue shows no sign of AI cutting into search revenue
Unlock Digest Editor for free FT Editor Roula Khalaf picks her favourite stories in this weekly newsletter. Alphabet’s revenue jumped…
Elon Musk backs off on $45 million-a-month promise to Trump: ‘I’m not into a cult of personality’
July 23, 2024
Elon Musk backs off on $45 million-a-month promise to Trump: ‘I’m not into a cult of personality’
Elon Musk Not spent $45 million a month to elect former President Donald Trump, even as he formed a new…
CrowdStrike Warns of Cyber Attack Threat as Power Outages Continue
July 23, 2024
CrowdStrike Warns of Cyber Attack Threat as Power Outages Continue
About 8.5 million Microsoft Windows device users were affected by the issue that occurred on Friday.
SPOT, UPS, PNR and more
July 23, 2024
SPOT, UPS, PNR and more
See the companies making headlines in midday trading: Spotify Technology — Shares jumped 12% after the music streaming company reported…