US tech companies prefer flexible, intermittent buybacks to dividends. Dividends set an expectation for regular handouts. Buybacks can be ratcheted up and down to suit company plans. The slump in … Read More
Elon Musk has responded to a media report alleging that SpaceX paid a flight attendant $250,000 to settle claims of sexual harassment against him, saying the “wild accusations are utterly … Read More
It was on a surfing trip to Portugal, nearly 20 years ago, that childhood friends Stefan Clauss and Stefan Schulze Dieckhoff became fed up with tent poles. Fusing together these spindly … Read More
Italy has increased its imports of Russian crude despite EU efforts to end ties to Russian energy in an unintended consequence of western sanctions against the Kremlin. Russia has exported … Read More
South-east Asian super app Grab has cut quarterly losses for the first time in 18 months, sending its shares up 24 per cent after a long decline following a Spac … Read More
British retail sales unexpectedly rose in April as shoppers bought more clothes, drinks and tobacco, easing concerns over the pace of the UK economic recovery and the impact of growing … 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
In this issue: traditional family offices emerging as unlikely venture capitalists; young Ukrainian entrepreneurs fight to keep their economy alive; online stalking could be over for the rich and famous; … Read More
This article is an on-site version of our #techFT newsletter. Sign up here to get the newsletter sent straight to your inbox While higher interest rates have been the prime … Read More
UK consumer confidence has dropped to its lowest level for nearly 50 years amid the cost of living crisis, according to a survey, fuelling concerns that the economy will slide … Read More
