Despite art dealer Adam Williams winning a still life by 18th-century artist Jean-Baptiste-Siméon Chardin at auction for a record-breaking €24.3mn, his client might yet not end up with the picture, if the Louvre has anything to do with it. The Louvre’s director, Laurence des Cars, has confirmed that “The Basket of Wild Strawberries” (1761) should
One thing to start: Jason Kilar, chief executive of WarnerMedia, is leaving the company along with most of his senior leadership team on the eve of its takeover by rival Discovery. Jason Kilar is leaving WarnerMedia after purportedly being left in the dark during negotiations over its merger with Discovery © Reuters Channel 4: when
This is part of a series, ‘Economists Exchange’, featuring conversations between top FT commentators and leading economists A chart first brought economist Branko Milanovic to worldwide attention. In 2013, the former World Bank economist and his colleague Christoph Lackner captured in a simple picture how global growth in two decades of rapid globalisation had accrued
Through the little country town of Machynlleth, just before the old Dyfi blast furnace and down the potholed lane through fields, woods and over the River Einion, you’ll find Wales’s best restaurant. Though the setting is deeply rural — getting here by car takes three hours from Cardiff, more like six from London — those
© Bloomberg Levi Strauss does not expect to be able to reopen in Russia this year, its chief executive said on Wednesday, a month after the California jeans maker suspended operations there “temporarily” in response to Vladimir Putin’s invasion of Ukraine. “The way things are going now, I’m not optimistic we’ll be back in business
SEC chairman Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee hearing on Sept. 14, 2021 in Washington. Evelyn Hockstein-Pool/Getty Images The Securities and Exchange Commission has voted unanimously to propose a rule for the registration and regulation of security-based swap execution facilities. A swap execution facility, or SEF, is an electronic
Good evening, Two Financial Times reports from opposite sides of the world highlight the severe stresses on global food production from the shock of coronavirus followed by the war in Ukraine. In China, strict Covid lockdowns are exacerbating shortages of fertiliser, labour and seeds just ahead of the crucial spring planting season. Particularly badly affected
France’s presidential election is turning out to be a tight and unpredictable contest. The far-right Marine Le Pen is gaining ground on President Emmanuel Macron, who last month seemed assured of re-election. Financial markets are waking up to the possibility of a stupendous upset in the election’s second round on April 24. The spread between
Ukraine’s authorities have urged civilians in the Donbas region and around Kharkiv to evacuate after Russian forces stepped up their offensive in eastern Ukraine and further evidence emerged of atrocities by Moscow’s troops elsewhere in the country. Iryna Vereshchuk, Ukraine’s deputy prime minister, said on Wednesday the military authorities called on residents living in the