A team of international experts ranging from epidemiologists to computer modellers should be created to quickly identify global health threats and improve co-ordination between countries, Bill Gates has said, warning that greater investment is needed to avoid another pandemic. The Microsoft founder and philanthropist, who in 2015 first cautioned publicly that the world was not
Wearing a jewel should be a multisensory experience: the warmth of gold on the skin, the glint of gems, the clink of stacked bangles or the sway of long-drop earrings. This interaction is amplified when moving parts are involved in the construction – a design feature that is increasingly, and excitingly, appearing in today’s jewels.  “Movement reflects
Kim Jones, men’s artistic director of Dior The best souvenir I’ve brought home is a set of hill-tribe costumes from southeast Asia. I look at fabrics a lot when I travel and I just loved how modern they looked – like sportswear, but the patterns are hundreds of years old. I collect lots of different
Your browser does not support playing this file but you can still download the MP3 file to play locally. In this week’s episode we’ll be looking at why the government is anxious to find ways to fix rising fuel and food prices. Why is the Treasury not doing more? And how does this play into next week’s
Good evening, Apple’s forecast of an $8bn hit from problems, including supply chain shortages and factory shutdowns in China, underlines the fact that pandemic disruption to global business is far from over. Half of the company’s 200 top suppliers have operations in the Shanghai area, where restrictions are having a severe impact on business, according
Hilton Food’s shares have rebounded after a tough first few months of the year, and are up by around a fifth since the end of January. The company’s latest results, which included confirmation of its largest full-year dividend to date, contained detail of several new acquisitions as the company aims to become “the protein partner
The writer is an FT contributing editor These are not normal times. Inflation measures in the US are higher than they’ve been in four decades. When the Federal Reserve meets next week, however, it’s likely to begin what it calls “normalisation”: shedding as many assets from its $9tn balance sheet as it can. Once completed,
Shit is getting real. Picture of trader with head in hands real. Much ink has been spilled on the decline of speculative tech stocks since the end of last year. But disappointing results out this week from the very much profitable and absolutely massive Apple, Alphabet and Amazon suggest a wider malaise may be setting
Landlords paying the 40 per cent income tax rate would see their annual profits on a mortgaged buy-to-let home wiped out if UK interest rates rise by another two percentage points, according to research underlining the tightness of margins maintained by property investors. For a higher-rate taxpayer with an average two-year fixed rate and a
NatWest has ended UK high street banks’ quarterly reporting season on a note of cheer. The former Royal Bank of Scotland posted a year-on-year 40 per cent increase in pre-tax profits to £1.2bn, easily trumping analysts’ forecasts. That is good news for investors — including the government, which holds just under half the bank’s shares
The writer is vice-chairman of S&P Global and the author of ‘The Prize’ and ‘The New Map: Energy, Climate and the Clash of Nations’ Among Vladimir Putin’s many miscalculations was his expectation, before the invasion of Ukraine, that Europe’s dependence on Russian energy was so great that its response would be muted, limited to little
The writer is editor-in-chief of MoneyWeek Edinburgh has a new Library of Mistakes — a financial library devoted to helping us all learn from the disasters of the past. Over the past week it has been running a series of events designed to discuss those disasters. Wednesday was devoted to the mistakes of fund managers.
ExxonMobil said it would triple its share buyback programme to $30bn and Chevron reported its most profitable quarter since 2012 as surging crude and natural gas prices after Russia’s invasion of Ukraine delivered a windfall for American Big Oil. Texas-based Exxon’s stepped-up share repurchase programme came as it posted first-quarter profits of $5.5bn on Friday,