Private jets, carried interest and non-doms
One big deal to start: Siemens has agreed to buy simulation software company Altair for $10.6bn in an all-cash deal, marking one of the largest-ever acquisitions by the German industrial...
Volkswagen is in crisis again. Can it be reformed?
Europe’s largest carmaker is at war with workers and politicians as it tries to navigate a painful EV transition
Key Icahn holding sputters in fresh blow to his corporate empire
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Activist investor Carl Icahn has suffered a new blow to his ailing...
Ikea to pay €6mn to compensate for forced labour by ex-prisoners in East Germany
Political and other prisoners were made to work producing furniture for the retailer from 1960 until 1990
Meta and Microsoft pass their quarterly sanity-check
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Investing in technology companies involves weighing up expected quantities of jam today,...
US cracks down on Russia’s facilitators worldwide
Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest -- delivered directly to your inbox.The US has blacklisted roughly 400 companies and individuals from China,...
Siemens to buy simulation software group Altair for $10.6bn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Siemens has agreed to buy simulation software company Altair for $10.6bn in...
FTX’s engineering chief Nishad Singh spared prison time in fraud case
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The former head of engineering at crypto exchange FTX has been spared...
Starbucks ends non-dairy mark-up as new chief looks to stem traffic slide
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Starbucks plans to end price mark-ups for adding non-dairy milk to lattes...
Meta sees AI spending accelerating as earnings top forecasts
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Meta cited “strong momentum” in its numerous bets on artificial intelligence as...