Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Boeing has reported a $6 billion loss for the third quarter and has stated that it will continue to experience financial difficulties next year. The new chief executive, Kelly Ortberg, has warned that the company … Read more
“ After making repeated requests for medical attention over several months, Tigran Gambaryan, a Binance employee and former U.S. Special Agent, has finally been granted his freedom by the Nigerian government. A court in Nigeria ordered his release from prison on Wednesday after the government dropped money laundering charges against him. Gambaryan has been wrongfully … Read more
Stocks have been experiencing some volatility recently, but Piper Sandler sees significant gains on the horizon. Craig Johnson, the chief market technician at the firm, predicts that the S & P 500 could reach 6,600 by 2025, which is 12.8% higher than its closing level on Tuesday. Johnson believes that despite various challenges and uncertainties, … Read more
By Vladimir Soldatkin and Guy Faulconbridge The leaders of BRICS countries, including China’s Xi Jinping, India’s Narendra Modi, and Vladimir Putin, have called for a ceasefire in Gaza and discussed the possibility of a non-Western payment system. However, they only mentioned Ukraine once in their final communique. BRICS, which was originally coined by Goldman Sachs … Read more
In a recent interview, John Kelly, former White House chief of staff under Donald Trump, made shocking revelations about the former president, calling him a fascist who admires Adolf Hitler and would govern as a dictator if given the chance. Kelly, a retired four-star general, stated that Trump fits the definition of fascism, describing it … Read more
Ava Cado is coming to Chipotle, and no, I’m not talking about guacamole. On Tuesday, the fast-casual restaurant chain announced a new recruiting tool (named “Ava Cado”) to help beef up hiring. The new “virtual team member,” built by recruitment software company Paradox, will chat with candidates in various languages, answer their questions, collect basic … Read more
British Prime Minister Sir Keir Starmer spoke with leaders from across the UK during the International Investment Summit on October 13, 2024 in London, England. Wpa Pool | Getty Images News | Getty Images The ruling Labour Party in the UK has denied allegations made by former US President Donald Trump’s campaign team that members … Read more
Vertiv (VRT), a company that specializes in digital infrastructure technology for data centers and communication networks, exceeded Wall Street’s expectations for the third quarter but provided mixed guidance for the current period, causing VRT stock to fall in early trading. The Westerville, Ohio-based company reported an adjusted earnings of 76 cents per share on sales … Read more
U.S. Secretary of State Antony Blinken has called for a cessation of hostilities between Israel and the militant groups Hamas and Hezbollah. However, Israeli airstrikes on the historic Lebanese port city of Tyre have shown that the fighting continues unabated. Israel began bombing Tyre shortly after ordering residents to evacuate central areas. Thick smoke filled … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Bank has reported a record third-quarter profit, with its trading and investment bank advisory revenue surging. However, the bank warned investors to prepare for higher-than-expected loan losses for the second time in nearly three … Read more