UNITED NATIONS (AP) — Sudan’s warring military and paramilitary forces are escalating attacks with outside powers “fueling the fire,” which is intensifying the nightmare of hunger and disease for millions, the United Nations chief said Monday. Secretary-General Antonio Guterres warned the U.N. Security Council that the 18-month war faces the serious possibility of “igniting regional … Read more
Volkswagen (ETR:) is planning to close at least three factories in Germany, lay off tens of thousands of staff, and reduce the size of its remaining plants in Europe’s largest economy as part of a more extensive restructuring than initially anticipated, according to the carmaker’s works council head. The decision comes as Volkswagen aims to … Read more
As more companies insist on employees returning to the office full-time, a different trend has emerged: the rise of CEOs who live far from headquarters and commute for a few days each week. However, recent research shows that this arrangement typically leads to underperformance. CEOs who live long distances from their companies tend to do … Read more
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
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
Global economies face a period of lackluster growth and pressure from rising debt piles, the head of the International Monetary Fund (IMF) has warned. In an assessment that may chime with Chancellor Rachel Reeves as she ponders her first budget, managing director Kristalina Georgieva warned that growth will not deliver the tax revenues required to … Read more
“It is up to them to decide whether to continue the fighting or to seize the opportunity to negotiate a peaceful resolution that will bring the remaining hostages home and end the suffering of all those involved.” As the situation in Gaza remains tense and uncertain, the international community continues to call for an immediate … Read more
Mary Elizabeth Finn, Chief People Officer of Signet Jewelers Ltd (NYSE:), recently sold a substantial portion of her holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Finn sold a total of 4,237 common shares on October 16, 2024. The shares were sold at prices ranging from $99.19 … Read more
Stay informed with regular updates Just sign up for the UK financial regulation myFT Digest — delivered straight to your inbox. The UK financial watchdog is seeking to address concerns about its plans to publicly name more companies it investigates, stating that the changes will only impact a small number of cases. Nikhil Rathi, CEO … Read more