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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nike chief executive John Donahoe will retire next month in an abrupt leadership change punctuating a period of dour financial performance at the world’s largest sportswear maker. Nike’s board of directors said on Thursday that

Mercedes-Benz lowered its full-year earnings outlook, blaming the weaker projections on China’s worsening macroeconomic conditions. The company on Thursday said its car division now anticipated the return on sales to be in the range of 7.5 per cent to 8.5 per cent, down from its previous expectation of 10 per cent to 11 per cent.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has held interest rates at 5 per cent after inflation remained steady in August, but indicated it may lower borrowing costs again as soon as November. The Monetary Policy Committee’s eight-to-one

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Business leaders have warned that the UK government’s tax-raising plans and negativity about its economic inheritance risk undermining its efforts to boost private sector investment. Sir Keir Starmer’s Labour government is desperate to attract foreign

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pagers belonging to Hizbollah members exploded across Lebanon on Tuesday, the militant group said, killing at least eight people and injuring more than 2,700 in an apparent sabotage of the low-tech systems it uses to

Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Former president Donald Trump is safe after what the FBI is investigating as an apparent assassination attempt against him in Florida. The agency said in a statement on Sunday that it “has

Over two decades ago, the investment bank where I worked introduced a new rule: pitch books couldn’t exceed 20 pages. Dubbed “Thin to Win,” the goal was to lighten the load for junior bankers and sharpen our client presentations. Our COO explained that studies showed audiences tuned out after 10 pages, remembering only three main

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Investors are snapping up shares in US consumer staples stocks such as Coca-Cola and Colgate-Palmolive as they hunt for more defensive areas of the market amid concerns over a potential slowdown in the US economy.

Regulators have identified lapses in Wells Fargo’s anti-money laundering and financial crimes risk management practices, the latest compliance issue for the US bank.  The Office of the Comptroller of the Currency, one of the main US banking regulators, said on Thursday that Wells, the country’s fourth-largest lender by assets, had agreed to take remedial steps.

The Nasdaq Composite notched its best one-day rise in a month after heavyweight tech stocks climbed, recovering from a morning sell-off. The tech-heavy index rose 2.2 per cent on Wednesday, with gains accelerating in the late afternoon. Nvidia jumped 8 per cent, leading an advance for the rest of its Magnificent Seven peers. The Nasdaq

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. With today’s data showing the US inflation rate slowing to 2.5 per cent, conditions in America’s labour market remain all-important for the 25 vs 50 basis point rate cut debate facing the Federal Reserve next

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. PwC is set to parachute in a senior partner from the UK to run its business in China, as the fallout from its audit of collapsed property developer Evergrande continues to mount. The accounting firm’s

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Department of Justice accused Google of running a massive ad tech monopoly that cut off potential rivals and drove up costs for publishers and advertisers in an attempt to maximise profits, as the

Stay informed with free updates Simply sign up to the EU economy myFT Digest — delivered directly to your inbox. Mario Draghi has demanded a “new industrial strategy for Europe”, calling on the EU to raise investments by €800bn a year to fund radical and rapid reform to stop the union falling behind the US

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Bill Burns is director of the US Central Intelligence Agency, Richard Moore is chief of the UK Secret Intelligence Service Two years ago, we celebrated 75 years of partnership; 75 years since

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT