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US court’s judgment caps the dramatic downfall of one of crypto’s most prominent stars
Weeks after the tech giant abandons car project, Chinese tech company debuts model that out-accelerates Tesla and Porsche
US prosecutors say trading house paid Brazilian officials to keep its business with state oil group
Investors say regulatory conditions make utility’s business plan ‘uninvestable’
Rise in operating profits by a fifth was a result of ‘one-off’ property-related income
Head of London market says disaster may produce largest maritime claim in history
UK’s biggest water utility, the government and Ofwat are at an impasse over its finances
Money managers and insurers vie for the assets of a generation worried it has not saved enough
Reflected glory of chipmaker Nvidia has caused other stocks to surge
Anduril Industries’ Palmer Luckey is leading the start-ups infiltrating the US government’s war machine
Record shortages of common drugs have countries scrambling for alternatives while patients skip treatments
A new book argues that the low cost of green energy is not always an asset
China has been way ahead of the west in seeing the dangers of raising a generation of zombies
Accounting firm recently agreed to sell a majority stake to New Mountain Capital
Aardvark Therapeutics’ drug has been shown in trials to suppress cravings in patients with rare genetic form of obesity
The fight group was wise to settle a class-action lawsuit over wages
Swiss company’s initial public offering would have been China’s largest in years
Also in today’s newsletter, OpenAI courts Hollywood and Easter egg shrinkflation
Chinese leader sought to persuade visiting businessmen that country still a good investment
Scheme aims to get buyers lacking large deposits on the property ladder
Nationwide slowdown hit sales and profits halved last year
Plus, Elliott’s caught in an AC Milan legal battle and Byju’s investors try to oust its founder
As bidders circle undervalued London-listed companies, are there really bargains for private investors?
Higher prices for smaller products are drawing the ire of politicians on both sides of the Atlantic
Western take on much-loved Chinese bestseller hits wrong notes for state media and broader audience
Sales have recovered from the pandemic, but valuations are sluggish
Chief executive Sam Altman presented revolutionary AI capabilities to Paramount, Universal and Warner Bros Discovery
UK offers hope of a softer landing for real estate sector than in the US or Europe
US firm is battling former Italian partners, prosecutors and police over €1.2bn sale of football club in 2022
Deputy minister targets ‘price equilibrium’ to support sustainable demand for electric car batteries
Government approves timetable for the City to join global push to upgrade market plumbing
Promise to scrap ‘section 21’ notices was 2019 Tory party manifesto pledge
Office for Nuclear Regulation says ‘no suggestion’ public safety has been compromised
Announcement comes a week after his predecessor said he would leave Italian couture house
A dispatch from FT Alphaville’s maritime correspondent
International Edition