In Shanghai, e-bikes are the quickest way to get around. Given their access to special bike lanes, part of a relatively recent urban landscape, a journey that would take around half an hour by car can ...

US currency hits highest level since August, as investors bet on growing likelihood of election victory for former president ...

Also in today’s newsletter, son of Singapore founder granted UK asylum, and Xi Jinping’s U-turn on China’s fiscal stimulus ...

German arms maker Rheinmetall will produce gun barrels in the UK as part of a sweeping new defence pact between Berlin and London aimed at deepening military co-operation and bolstering support for ...

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Katie Martin A whole bunch of massive trading companies sprung up in the past few years. But rather than having huge rooms full of shouty old-school traders on phones blaring at each other like in the ...

Read the FT’s series about the new titans of Wall Street here. For a free 30-day trial to the Unhedged newsletter go to: You can email Robert Armstrong at [email protected] and Katie Martin at ...

HSBC has announced a sweeping reorganisation that will redraw its operations between east and west, as new chief executive Georges Elhedery seeks to cut costs and better navigate geopolitical tensions ...

“Visiting a vineyard allows wine lovers to truly appreciate the origin and character of the wine, providing a much richer experience,” says Bernardo. “When you later savour that same bottle at the ...

The Fed could also cut rates at every meeting in the first half of 2025, leaving the benchmark rate at 3.25-3.5 per cent by ...

Wall Street fell at the open, placing US equity indices on course for their first back-to-back decline in more than a month. The benchmark S&P 500 shed 0.4 per cent after the opening bell in New York.

But its World Economic Outlook cautioned that if higher tariffs hit a “sizeable swath” of world trade by mid-2025, it would wipe 0.8 per cent from economic output next year and 1.3 per cent in 2026.