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Pakistan reaches $7bn loan deal with IMF

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Pakistan has reached a deal for $7bn in medium-term financing from the IMF, offering the government a reprieve as it seeks...

German billionaire behind Enhanced Games is dinosaur egg-collecting film producer

Christian Angermayer is a billionaire film producer, psychedelics mogul, and, perhaps soon, the brainchild of the latest crazy athletic competition to hit the mainstream: a literal Olympics on steroids.From his London office, the Enhanced Games co-founder Angermayer is plotting...

Canada’s Finance Minister Rejects Claim She’s In Conflict With Trudeau

Breadcrumb Trail LinksPMN BusinessCanadian Finance Minister Chrystia Freeland denied that there’s growing friction between her office and that of Prime Minister Justin Trudeau.Author of the article:Bloomberg NewsBrian PlattPublished Jul 12, 2024  •  3 minute read You can...

Amanda Staveley to sell Newcastle United stake to PIF and Reuben Brothers

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Saudi Arabia’s sovereign wealth fund and the Reuben brothers are strengthening their grip on Newcastle United football club by buying up...

A sacred 13,000 year old tree faces off with a California real estate development

While the Jurupa Oak is ancient, it’s no feeble thing. Living in Riverside County, California, the tree has beat the dry heat by growing with it as it proliferates after being touched by wildfires. But the organism—which withstood the...

Joe Biden vows to ‘complete the job’ despite stumbles in press conference

Joe Biden vowed to stay in the US presidential race and defended his fitness for office in a high-stakes press conference, but failed to halt defections from Democratic lawmakers urging him to drop his re-election campaign.Biden also referred to...

Will a market crash one day be pinned on the Supreme Court? An accounting expert explains why recent rulings have him worried

In two major rulings this past month, the U.S. Supreme Court curtailed the authority of federal agencies to draft and enforce policies that affect the nation’s financial health. One important agency, the Securities and Exchange...

Shares of Uniqlo’s parent company drop almost 5% as the retailer warns of a 'turning point' in its China strategy

Foreign brands like Apple, Nike, and L’Oreal have a China problem: The world’s second-largest economy, traditionally a revenue driver, is now looking more challenging amid a sluggish economy and a shift to domestic brands. Now Fast Retailing, owner of the...

Booming Turkish TV drama industry captures hearts and minds worldwide and boosts tourism

Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressRobert BadendieckPublished Jul 12, 2024  •  Last updated 7 minutes ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have...

China exports rise at fastest pace in more than a year

Stay informed with free updatesSimply sign up to the Chinese trade myFT Digest -- delivered directly to your inbox.China’s exports grew at the fastest pace in more than a year last month, as trade remained a rare bright spot...
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Germany is forcing some asylum seekers to work, when they just want real jobs

NEUSTADT AN DER ORLA, Germany — After a decade of backlash over a historic influx of asylum seekers, mostly...
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