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Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Global leaders need a co-ordinated response to the challenges posed by AI, the chair of the world’s banking watchdog said, as he warned that the fast-developing technology “could change the course of history, not necessarily

The UK government tried to block the Japanese software company implicated in the Post Office scandal from new public IT contracts in the early 2010s in a drive nicknamed “Project Sushi”, according to British officials. The Cabinet Office pushed to formally exclude Fujitsu and other companies from bidding for government deals on the basis of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump is the first choice of just under half of likely Republican caucus goers, according to a new poll that underscores the former president’s dominance heading into the Iowa caucuses on Monday. The poll,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taiwan started counting votes on Saturday afternoon in a pivotal presidential and parliamentary election that could influence China’s approach to its democratic neighbour. The eighth national vote since the country of 23.5mn first held free

Vijay Parekh had just turned 50 when the Post Office took him to court on trumped-up charges alleging he had stolen tens of thousands of pounds from the government-owned business. The former sub-postmaster, now 65, was pursued by investigators and lawyers acting for the Post Office, who tried to convince him that pleading guilty would

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Post Office claimed tax relief on compensation it paid to victims of the postmasters scandal, sparking warnings that it risks a £100mn bill and insolvency if authorities rule the move unlawful. In its latest

Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Crude oil prices rose on Friday after the US and UK launched air strikes against Yemen-based Houthi rebels whose attacks against ships in the Red Sea threatened the flow of goods through one of the world’s

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US and the UK are preparing strikes against Iran-backed Houthi rebels who have been attacking commercial ships in the Red Sea. The US is expected to lead the military response against the Houthis after

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Securities and Exchange Commission has approved the first spot bitcoin exchange traded funds in a watershed moment that cryptocurrency enthusiasts are betting will draw new retail and institutional investors into the market.  The

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has announced new legislation to overturn the convictions of hundreds of sub-postmasters prosecuted by the Post Office in the Horizon IT scandal. The UK prime minister told the House of Commons on Wednesday

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government awarded billions of pounds of contracts involving Fujitsu on Rishi Sunak’s watch after the Japanese company’s software was found to be at fault in the Post Office scandal in a landmark 2019

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. United Airlines has found loose bolts on some plugged doors of its grounded 737 Maxes, threatening to widen Boeing’s problems as it expands public scrutiny beyond the single plane that suffered a mid-air blowout on

Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. A pile-up of bad debt threatens to sour investors’ growing optimism about the prospects for the US’s largest banks when they report fourth-quarter earnings this week. Non-performing loans — debt tied to borrowers who have

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Federal investigators in the US have launched a probe into how a section of a new Boeing 737 Max blew out mid-flight, as airlines in Turkey and Panama grounded their planes for inspection.  The withdrawals

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US federal regulators have temporarily grounded some Boeing 737 Max planes in American airspace after a section of an Alaska Airlines jet blew out in mid-air. The emergency directive from the US Federal Aviation Administration

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Economists believe the US jobs market weakened in December, bolstering the case for the Federal Reserve to consider cutting interest rates. A poll by Reuters showed economists, on average, predict data published on Friday will

Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The share of electric cars sold in the UK fell for the first time last year, casting doubt over whether manufacturers will meet binding new green targets and prompting industry calls for tax cuts. Electric

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British politicians should be wary of provoking a backlash in financial markets by increasing borrowing too quickly, the outgoing head of the UK’s Debt Management Office has said, ahead of a general election expected this

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran said two “terrorist attacks” killed more than 100 people near a commander’s grave on Wednesday, according to reports by state media. Two explosions in the southern city of Kerman hit crowds gathering to commemorate

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. More than two-thirds of a UK government fund aimed at unlocking hundreds of thousands of new homes in England remains unspent more than six years after its launch, despite the chronic shortage of housing. The

UK voters will enjoy higher wages but continue to struggle with mortgages and rent ahead of the next election as the cost of living crisis gives way to an uneven “grey gloom”, according to a Financial Times economists survey. A majority of the 90 respondents to the FT’s annual poll of leading UK-based economists said