Shein’s London IPO flirtation

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “You ain’t a beauty, but hey you’re alright,” sings Bruce Springsteen in his 1975 anthem Thunder Road. “Oh, and that’s alright with me.” This iconic tune from New Jersey’s unofficial …

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How could nuclear weapons be used in space?

Russia is developing a new space-based anti-satellite nuclear weapon, according to intelligence shared by the US government with Congress and European allies.  Few details are available, so it is hard to know how serious any potential threat might be. Jim Himes, the top Democrat on the House of Representatives intelligence …

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Uber’s Dara Khosrowshahi defends buyback policy

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. Here at Unhedged we get a fair amount of mail from readers who think we are wrong. It doesn’t often come from the chief …

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Russia jails activist as Kremlin widens crackdown on critics

Stay informed with free updates Simply sign up to the Russian politics myFT Digest — delivered directly to your inbox. Russia has sentenced a prominent human rights activist to two and a half years in prison, in the latest sign of President Vladimir Putin’s increasingly brutal crackdown on critics of …

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Uber CEO Dara Khosrowshahi defends buyback policy

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. Here at Unhedged we get a fair amount of mail from readers who think we are wrong. It doesn’t often come from the chief …

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Taylor Wimpey profits drop 40% as higher interest rates deter buyers

© Bloomberg House building output will not recover until 2025 as the property market takes a hit from higher borrowing costs, according to Taylor Wimpey, one of the UK’s largest housebuilders.  The FTSE 100 group, which built just over 10,000 homes last year, down from around 14,000 in 2022, projected …

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English councils ‘forced to the pawnshop’ in fire sale of assets

England’s town halls are being “forced to the pawnshop” in an unsustainable fire sale of assets aimed at temporarily staving off bankruptcy, councils and experts have warned.   Local authorities are preparing to sell off hundreds of millions of pounds’ worth of land and buildings as a long-term funding squeeze shows …

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China’s Radar electric ute gets all-wheel drive, more power

Volvo and Lotus parent Geely released its first electric ute in 2022, but it has been available only with rear-wheel drive. That’s about to change. The Chinese giant’s fledgling Radar brand has revealed an all-wheel drive version of its RD6 ute called the Horizon, which includes all-wheel drive and more …

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Welcome to the winter of the wonk

Stay informed with free updates Simply sign up to the Politics myFT Digest — delivered directly to your inbox. The elections taking place around the world this year are some of the most consequential in modern history — and yet they somehow have all the appeal of a contest for …

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UK scientists don’t need a corporate saviour as their boss

Stay informed with free updates Simply sign up to the Science myFT Digest — delivered directly to your inbox. The writer is a science commentator Should a corporate figure hold the purse strings for publicly funded UK science? The idea has emerged after Dame Ottoline Leyser said she would step …

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