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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s accounting watchdog is in talks to move its headquarters out of the City of London to Canary Wharf or Stratford, as its plans to relocate staff to a …
UK regulators have said that they will not object to the creation of cryptocurrency-related securities, following similar moves by supervisors in other markets. In a statement on Monday morning, the Financial Conduct Authority said that it would “not object” to the creation of cryptoasset-backed exchange traded notes for professional investors. …
The writer is chair of Rockefeller International Once dismissed as fanatics, the bitcoin bulls must be feeling vindicated. They made an accurate call on the cryptocurrency’s potential for gains — witness the staggering rally under way — and were right, at least in part, for the right reasons. When bitcoin was all …
The Kia Sportage Hybrid is finally arriving in Australian dealerships now, giving the popular mid-sized SUV range a fourth powertrain option. Kia says it expects to sell around 300 Sportage Hybrids per month, accounting for 20 per cent of total Sportage sales volume. The hybrid is arriving in SX and …
Shortly after a Chinese company opened up nearby, employees at Malaysian contract manufacturer Kemikon walked outside their factory to find sheets of paper stuck to their car windshields. The flyers were from Fengshi Metal Technology, a Suzhou-based rival that operates in similar areas of semiconductor equipment manufacturing. They promised salaries …
After five months of devastating conflict between Israel and Hamas in Gaza, the Palestinian enclave on the Mediterranean is enduring a humanitarian catastrophe, according to international aid groups. The north of the strip in particular is on the verge of famine: children are dying from hunger, while families are eating …
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The prevalence of partnerships in the professions is not down to chance. The structure is suited to occupations that rely on reputation, mentoring and long-term relationships. But that is changing. …
Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Private equity groups globally are sitting on a record 28,000 unsold companies worth more than $3tn, as a sharp slowdown in dealmaking creates a crunch for investors looking to sell …
KG Mobility, formerly (and still, in Australia) known as SsangYong, has revealed a new flagship version of its Rexton SUV. Previewed by the Rexton Limousine concept at last year’s Seoul motor show, the Rexton Summit ditches the second- and third-row benches of the regular SUV. In their place are two …
The popular Mercedes-Benz A-Class is set to stick around longer than expected, even as the German brand moves to axe many of its more affordable, less profitable models. Autocar reports the A-Class will be produced “well into 2026”. It was originally set to get the axe as soon as this …
A range of global wire services have pulled a Mother’s Day picture of the Princess of Wales and her three children over fears the image of high-profile members of the British royal family may have been digitally manipulated. The Associated Press news agency said it had initially published the photo, …
One Australian councillor wants to follow the lead of Paris by slugging utes, pickups and some of the country’s best-selling SUVs with higher parking rates in a bid to reduce the number of “truckzillas” in city centres. On Tuesday, March 12 the Yarra City Council in Melbourne’s inner suburbs will …