News Room
Nike shares sink after announcing $2bn cost savings plan amid softer demand
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nike lowered…
Live news: Nike sinks after revealing dim sales outlook and $2bn cost-saving plan
Nike warned of a softer revenue outlook in its second half and that it planned to cut $2bn in costs…
Oil futures tally a third straight gain on Red Sea shipping disruptions
Oil futures tallied a third straight climb on Wednesday, buoyed by tensions in the Red Sea that have led to…
Joe Biden orders top aides to Mexico for border talks amid migrant crisis
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Joe Biden…
Linamar to Acquire Bourgault Industries For C$640M
By Ben Glickman Linamar will acquire Borgeault Industries for 640 million Canadian dollars ($478.7 million). The Guelph, Ontario-based manufacturing company…
UK’s Harbour Energy agrees $11.2bn deal for Wintershall Dea assets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK-listed Harbour…
FDA Says Merck’s Chronic Cough Treatment Didn’t Show Substantial Evidence of Effectiveness
By Ben Glickman Merck's candidate to treat chronic cough didn't show substantial evidence of effectiveness, according to the Food and…
The pitfalls of seizing Russian assets to fund Ukraine
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The case…