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Submission: On April 04 via manual from US — Scanned from DE
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Accessibility helpSkip to navigationSkip to contentSkip to footer * S&P 500 Minus −0.53% * Shanghai Minus −0.18% * FTSE 100+0.48% * Euro/Dollar+0.16% * Brent Crude Oil+1.89% * 10 Year US Gov Minus −0.18% Visit Markets Data KEEP READING THE FT FOR FREE Register now and enjoy any 3 articles for free every month. KEEP READING THE FT FOR FREE Register now and enjoy any 3 articles for free every month. 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EU’s €800bn recovery fund held back by red tape, industry chief warns EU launches 2 probes into China solar manufacturers US presidential election 2024 The Big Read. The uneasy truce between Donald Trump and Fox News Editor's picks opinion content. Snickers wars reveal the enduring perversity of human behaviour Gillian Tett opinion content. Inside Business. Intel’s turnaround looks set to be a long haul for investors Richard Waters TOP STORIES FT live news McDonald’s supplier Lamb Weston plunges on software fumble and results miss Live European house prices European house prices fall for first time in a decade Strong growth in some eastern and southern countries was offset by declines in many northern EU states 3 hours ago Kering buys Milan building for €1.3bn in Europe’s biggest property deal since 2022 Private equity Private equity stakes unloaded at a discount as investors seek exits Pensions and endowments turn to secondary market to cut exposure and raise needed cash EU defence Germany considers revival of national service in ‘landmark’ military reforms Restructuring aims to make armed forces better prepared to defend Nato territory German far-right politician denies taking Russian money 4 hours ago SPOTLIGHT Automobiles How VW and Toyota became the targets of an emboldened US union Foreign carmakers have been swept up in a campaign that could transform the industry’s economics Disease control and prevention The Big Read. The next pandemic is coming. Will we be ready? WHO member states are struggling to agree the terms of the first global treaty to deal with the threat of another Covid-19 NEWS Google LLC Google considers charging for AI-powered search in big change to business model Proposals would mark first time any of the software group’s core product falls behind a paywall Huge AI funding leads to hype and ‘grifting’, warns DeepMind’s Hassabis Kering SA François Pinault’s grandson, 26, replaces him on Christie’s board Appointment hints at succession planning inside billionaire family behind French luxury group Kering 3 hours ago EU defence Denmark fires defence chief over Red Sea failures Danish military failed to report malfunction of missile system during Houthi drone attack 3 hours ago US defence secretary rebukes Israel over killing of aid workers in Gaza MOST READ 1. Google considers charging for AI-powered search in big change to business model 2. Private equity stakes unloaded at a discount as investors seek exits 3. Italy seizes assets worth €600mn in connection with alleged EU fraud 4. opinion content. Billionaires’ love for Trump could backfire 5. Chinese state banks are lenders to Thames Water’s parent company Turkish politics Turkish authorities yield to protesters over local election Opposition politician who defeated Recep Tayyip Erdoğan’s candidate reinstated to mayor’s office in Van Ripple Labs, Inc. Ripple Labs joins stablecoin rush amid crypto market revival US company aims to provide ‘portal’ between digital assets and securities markets African economy Zimbabwe to launch ‘gold-backed’ currency to replace collapsing dollar Many in the southern African country prefer to keep their money at home 2 hours ago Global inflation Could the ECB cut rates before the Fed? Consumer prices edge tantalisingly close to target in eurozone but exceed forecasts in US Commodities Commodity trading profits hit record $104bn last year New entrants including tech-focused traders and hedge funds helped drive unexpected increase in earnings Goldman Sachs Group Goldman’s UK gender pay gap widest in six years Mean hourly pay difference reaches 54% as bank struggles to promote more women to top positions opinion content. Lex. ING shows the way to win in European banking Music Rock band Kiss sells rights for $300mn to company behind Abba hologram show Sale to Swedish entertainment group Pophouse set to ‘fulfil the band’s vision to become immortal’ Tennis Riyadh to host women’s WTA Finals tennis tournament for 3 years Deal with Saudi Arabian federation marks country’s latest foray in global sport OPINION opinion content. Can 23andMe reinvent itself as a drug discovery company? It aims to exploit its extraordinary cache of genetic data but changing corporate DNA is hard John Thornhill opinion content. Are we at peak K-pop? Goldman doesn’t think so The market thinks there’s a catch, but there might be growth potential not far away, in Japan Leo Lewis opinion content. FT Magazine. Billionaires’ love for Trump could backfire Simon Kuper opinion content. Trade Secrets. The political lessons from Australia’s defiance of China Alan Beattie opinion content. The FT View. America’s robust national economy hides its weak spots The editorial board opinion content. Lex. Kering’s €1.3bn real estate bet is a pricey distraction opinion content. The truth about power dressing Robert Armstrong opinion content. Free Lunch. Three economic zombies worth fighting Martin Sandbu MORE OPINION * The FT View * Lex * Unhedged * Markets Insight * Inside Business EUROPE NEWS Slow living and fast broadband help sell homes in rural Mallorca International buyers appreciate the Balearic island’s rustic comforts mixed with modern infrastructure Tusk’s public TV overhaul boosts Poland’s Fox News wannabe Lars Windhorst threatened with jail over showjumping business dispute Swiss private banker charged with stealing dirty money from own client Europe Express. Mark Rutte’s Nato leadership bid marches on Eurozone inflation falls to 2.4% in March Southern growth spurt creates two-speed eurozone economy MORE EUROPE NEWS * European economy * European Union * EU foreign policy * European companies * European equities Disrupted TimesSign up for our newsletter PODCASTS Rachman Review. Is Japan at a turning point? 26 min listen FT News Briefing. Tesla dip: blip or bust? 11 min listen Political Fix. Tory ‘red wall’ seats under threat 34 min listen Behind the Money. A surprising winner in the US-China chip wars 19 min listen LIFE & ARTS * Arts * Books * Food & Drink * FT Magazine * Style * House & Home * Travel * FT Globetrotter * HTSI Film Review. Six films to watch this week The Art Market Marlborough Gallery to close as tougher times bite European prime property Hot property: five homes for sale in the Tuscan countryside Visual Arts Review. The Stone of Destiny is the crowning glory of the new Perth Museum Visual Arts Review. Brâncuşi, Centre Pompidou — effortless magic from the first modern sculptor VIDEO play video content. Brexit28 min video content. We need to talk about Brexit | FT Film play video content. UK politics22 min video content. Sketchy Politics: can anything save Sunak? play video content. News in-depth15 min video content. Building blocks: Lego's next move | FT Film play video content. Ecommerce25 min video content. The rise of Pinduoduo and Temu: profits and secrets | FT Film HIGHLIGHTS Hot property: five homes for sale in the Tuscan countryside From a hilltop castle with olive groves and vineyards to a 17th-century house with a Romanesque church attached 3 hours ago The Big Read. Can Africa one day help feed the world’s growing population? The Big Read. Inside Donald Trump’s new inner circle Israelis turn on peace activists amid trauma of war The Big Read. Will Xi’s manufacturing plan be enough to rescue China’s economy? opinion content. Zen and the art of the zoned-out commute Miranda Green The battle that betrays Israel’s war plan MORE HIGHLIGHTS * Moral Money * Due Diligence * Cryptocurrencies * Special Reports * Climate Capital Moral MoneySign up for our newsletter MARKETS NEWS China’s quant funds count the cost of regulatory clampdown Executives fear end of outsized returns after Beijing targets small cap trading strategies Gold hits new high as investors seek hedge against stubborn inflation Corporate wellness start-up Gympass prepares for IPO with rebrand Markets bet strength of US economy will limit scale of Fed rate cuts Calpers turns to New Zealand sovereign fund for investment chief US investors turn more cautious than Fed on 2024 rate cuts News-powered hedge fund raises $100mn to trade on reporters’ scoops MORE MARKETS NEWS * Alphaville * Markets Data * Capital Markets * Commodities * Currencies * Equities * Fund Management * Wealth Management * Trading * Moral Money * ETF Hub TECHNOLOGY opinion content. Can 23andMe reinvent itself as a drug discovery company? It aims to exploit its extraordinary cache of genetic data but changing corporate DNA is hard John Thornhill #techAsia. TikTok’s fate and Taiwan tech suppliers’ shift FT ranking: The Americas’ Fastest-Growing Companies 2024 Interview. Chinese robot maker says protectionism will not stop its march Corporate wellness start-up Gympass prepares for IPO with rebrand Special Report. 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