Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Good morning. Some “errors and connectivity issues” at one of Amazon’s data centres yesterday disrupted service across several other big names — ChatGPT, Lyft, Starbucks and Coinbase among them. In the circular tech world, is … Read more
The 30th Conference of the Parties (COP30), the annual UN climate change conference, will open in Belem, Brazil, on November 10. This COP will mark the 10th anniversary of the Paris Agreement and is expected to confirm a much-needed shift of focus from the definition of emissions targets (ambition) to their implementation and operationalisation. This … Read more
This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning and welcome back. In today’s newsletter: US army in talks with private equity for overhaul Brazil’s corporate credit … Read more
Tata Consultancy Services (TCS) commissioned Oxford Economics to calculate their economic footprint in the UK in 2023/24. We estimate that TCS supported a £3.3 billion contribution to UK gross domestic product (GDP) in FY2024. This is the sum of three channels of impact. Some £1.7 billion was contributed directly by TCS. A further £350 million … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK borrowed almost £100bn in the first half of the financial year, the highest amount since the pandemic despite some favourable revisions, underlining chancellor Rachel Reeves’ challenges ahead of a tough Budget next month. The … Read more
France’s debt burden is set to become much heavier Skip to content By 2035, we expect France’s public debt to approach 125% of GDP, up from 113% in 2024 and among the highest in advanced economies. By 2035, we expect France’s public debt to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. General Motors has predicted a smaller hit from tariffs than previously feared as it raised its annual profit guidance. The US carmaker said on Tuesday that it now expects a hit from US tariffs of … Read more
Southern metros stand to lose the most from the government shutdown | Oxford Economics Skip to content The federal shutdown could have a significant impact in a handful of mostly southern metros. The federal shutdown that started on October 1st is on course to … Read more