Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Xi Jinping marks Hong Kong handover with call for ‘patriots’ to bring order
    • Turkey’s Erdoğan threatens to derail Nato enlargement again
    • UK plans to cut pipelines to EU if Russia gas crisis intensifies
    • US Supreme Court’s blockbuster term reverberates through America
    • UK ministers clash with watchdog over insurance rules shake-up
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • US Supreme Court’s blockbuster term reverberates through America
    • US stocks suffer sharpest first-half drop in more than 50 years
    • Can crypto contagion infect mainstream finance?
    • DE Shaw ordered to pay record $52mn to former star money manager
    • US Supreme Court curbs EPA’s power to regulate greenhouse gas emissions
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Putin orders transfer of Sakhalin-2 gas project to Russian entity
    • Can crypto contagion infect mainstream finance?
    • DE Shaw ordered to pay record $52mn to former star money manager
    • Bulb boss to leave collapsed UK energy supplier
    • Gazprom shares plunge 25% after dividend blocked
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
    Most Read
    • Live news updates: US to ‘accelerate’ talks on Russian oil price cap
    • US stocks suffer sharpest first-half drop in more than 50 years
    • A soft landing is becoming a distant dream
    • Can crypto contagion infect mainstream finance?
    • EU finalises sweeping rules for ‘wild west’ crypto industry
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • A soft landing is becoming a distant dream
    • We should have limited empathy for the Big Boss resignation
    • The invisible science of eyewear beats augmented reality
    • How to save more lives and avoid a privacy apocalypse
    • Why the Tories don’t care about the future
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • What’s a good (and bad) way to leave your job?
    • How can I move from being a specialist police detective to financial services?
    • If you want to be more likeable, try showing more stress
    • ‘Exactly how much virtue do you really want to signal?’
    • JSR’s Eric Johnson: ‘I encourage people to tell me exactly how they think’
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Life on the idyllic Swedish island where WW3 could start
    • Have we had enough of the nanny employer?
    • Serhii Plokhy: Putin’s imperialist narrative ‘is being crushed’
    • The fixer, the cheat and the corruption crisis in global tennis
    • What the energy efficiency drive means for UK property rentals
  • HTSI
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Your guide to a disrupted world

Start a 4-week trial

Robert Wright

Newsroom reporter
Email Robert Wright @rkwinvisibleman  on Twitter (link opens in a new browser window)
Email Robert Wright @rkwinvisibleman  on Twitter (link opens in a new browser window)

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Thursday, 26 May, 2022
    FT live news
    Live news updates from May 27: Texas police made ‘wrong decision’ in waiting to storm classroom, G7 urges Opec to raise output
  • Thursday, 26 May, 2022
    FirstGroup PLC
    FirstGroup evaluates PE offer valuing shares at up to £1.23bn

    Aberdeen-based bus and train operator’s stock rises 8% after unsolicited bid from I Squared Capital

  • Thursday, 26 May, 2022
    BT Group Plc
    UK government to probe Altice’s BT stake

    Business secretary uses new ‘call-in’ powers to examine national security implications

  • Thursday, 26 May, 2022
    FT live news
    Live news updates from May 26: Putin confident Russia can shrug off sanctions impact, UK introduces energy windfall tax
  • Wednesday, 25 May, 2022
    FT live news
    Live news updates from May 25: Musk must find cash for Twitter deal, Fed officials discussed ‘restrictive’ policy to fight inflation
  • Monday, 23 May, 2022
    FT live news
    Live news updates from May 23: US to defend Taiwan if China invades, Zelensky floats reconstruction plan using frozen Russian assets
  • Monday, 23 May, 2022
    FT live news
    Live news updates from May 24: Glencore to plead guilty to bribery charges, UK regulator warns of 40% rise in energy price cap
  • Friday, 20 May, 2022
    FT live news
    Live news updates from May 20: Russia vows to expand military after Nato moves, S&P 500 sinks for seventh straight week
  • Thursday, 19 May, 2022
    Luxury goods
    Luxury goods leaders bet booming US will offset China hit

    Gildo Zegna and Antoine Arnault insist strong sales elsewhere can help sector withstand Chinese Covid-19 shock

  • Wednesday, 18 May, 2022
    FT live news
    Live news updates from May 18: US stocks suffer worst day since 2020, Turkey forces Nato to postpone Nordic membership talks
  • Tuesday, 17 May, 2022
    FT live news
    Live news updates from May 17: Twitter plans to force Musk to stick with $44bn offer, Walmart plunges on guidance cut
  • Monday, 16 May, 2022
    FT live news
    Live news updates from May 16: Putin signals acceptance of Nordic Nato agreements, China economic activity slows on Covid lockdowns
  • Friday, 13 May, 2022
    Twitter Inc
    Elon Musk puts $44bn Twitter deal ‘on hold’

    Tesla chief questions fake accounts on social media site, leading to share price drop and new doubts over takeover

  • Friday, 13 May, 2022
    Vladimir Putin
    Sanctions target ‘shady network’ backing Putin, UK says

    Travel bans and asset freezes imposed on 7 family members and five financiers

  • Friday, 13 May, 2022
    FT live news
    Live news updates from May 13: Global stocks record longest weekly losing streak since 2008, Musk puts $44bn Twitter deal ‘on hold’
  • Thursday, 12 May, 2022
    FT live news
    Live news updates from May 12: Jay Powell warns that taming inflation will cause ‘some pain’, Pressure mounts on $80bn stablecoin Tether
  • Wednesday, 11 May, 2022
    Electric vehicles
    Electric vehicle maker Arrival turns back on Russia despite founder’s links

    UK-based group set up by former Russian deputy minister shuts operations in country over Ukraine war

  • Wednesday, 11 May, 2022
    FT live news
    Live news updates from May 11: US inflation stays elevated at 8.3%, Moscow says it is open to annexing Ukraine’s Kherson region
  • Tuesday, 10 May, 2022
    FT live news
    Live news updates from May 10: Musk says he would reverse Twitter’s ban of Trump, Putin preparing for ‘prolonged conflict’ in Ukraine, US warns
  • Monday, 9 May, 2022
    Volkswagen AG
    VW chief’s call for settlement to end war draws outrage from Kyiv

    Herbert Diess makes plea for negotiated deal to ‘open up the world again’

  • Monday, 9 May, 2022
    Renault SA
    Up to 70,000 French jobs at risk from EU emissions rules, Renault boss warns

    De Meo fears new regulations will make cars more expensive with little impact on climate change

  • Monday, 9 May, 2022
    FT live news
    Live news updates from May 9: Global stocks suffer worst day since June 2020, EU drops Russian oil shipping ban
  • Friday, 6 May, 2022
    UK energy
    Ofgem allowed challengers to launch bearing minimal risk, report finds

    UK energy regulator gave new suppliers a ‘free bet’ while leaving consumers to pay price after string of failures

  • Friday, 6 May, 2022
    FT live news
    Live news updates from May 6: Wall Street stocks suffer five-week losing streak, Sinn Féin on track for historic victory in Northern Ireland
  • Thursday, 5 May, 2022
    Taiwan
    ‘Resolute’ Ukraine response vital to deter China on Taiwan, Japan PM says

    Kishida warning echoed by UK counterpart Johnson at London meeting

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

International Edition

Subscribe for full access
  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports
  • FT recommends
  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Community
    • FT Live
    • FT Forums
    • Board Director Programme
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In