Category: Business

German brewers have long been wary of increasing prices. When King Ludwig 1 raised the ale tax by 8 per cent in 1844, riots broke out between labourers and the … Read More

Good morning. This article is an on-site version of our FirstFT newsletter. Sign up to our Asia, Europe/Africa or Americas edition to get it sent straight to your inbox every … Read More

Ashley Nunes is a research fellow at Harvard Law School. His work explores how innovation affects markets. Lyft riders are in for a treat. Some of them anyway. The ride-hailing … Read More

Uğur Şahin arrives at BioNTech’s headquarters in the German city of Mainz on the same battered bicycle he has been riding for 20 years. Developing the best-selling Covid-19 vaccine may … Read More

A Republican US senator has questioned whether HSBC faced pressure to suspend a senior executive who downplayed the risks of climate change. Stuart Kirk, global head of responsible investing at … Read More

Just over a year ago, with Alibaba facing an antitrust investigation and founder Jack Ma under political pressure, finance chief Maggie Wu was quick to talk up the company’s rapidly … Read More

The US defence department has signed a $120mn deal with Australia’s Lynas Rare Earths to build the country’s first onshore commercial-scale rare earths separation facility, as part of a US … Read More

The UK taxpayer took on the risk of lending to many businesses that may not have needed financial support to survive the Covid crisis, according to an official evaluation of … Read More

Sanjeev Gupta’s Liberty Steel has agreed a deal with its largest creditor that will provide much-needed breathing space as it seeks to refinance its debts. The company, part of Gupta’s … Read More

The rocket that Elon Musk hopes will one day help humans populate Mars has passed its biggest regulatory hurdle, though it still needs to clear a thicket of other red … Read More