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Apple approaches Goldman to wind down card partnership

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple has proposed winding down its credit card and savings account partnership with Goldman Sachs sooner than planned. A term sheet offered by Apple would create an option to end the current multiyear contract in…
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29 November 2023 0

Google adverts appear on sanctioned sites, according to report

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google has run adverts on hundreds of questionable websites including sanctioned sites in Iran and Russia, according to new research that has prompted calls for greater transparency and oversight of its $223bn-a-year ads business. The…
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28 November 2023 0

First transatlantic flight powered by cooking and animal fats lands in New York

Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. A Virgin Atlantic plane powered by a blend of waste cooking oil, animal fats and other unorthodox fuels landed in New York on Tuesday, after a flight from London Heathrow that the aviation industry hailed…
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28 November 2023 0

JPMorgan says Chase UK could be profitable much sooner than expected

Consumer confidence: The mood among US consumers is expected to have deteriorated slightly in November, with the Conference Board’s consumer confidence index forecast to decline to a reading of 101 from 102.6 in October. Housing: The S&P CoreLogic Case-Shiller home price index, which tracks home prices in 20 major US metropolitan areas, is projected to…
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28 November 2023 0

COP28: What to expect at UN climate talks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tens of thousands of people are expected to descend on Dubai in the United Arab Emirates in the next few days for the UN’s COP28 climate summit where, during the next two weeks, negotiators will…
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28 November 2023 0

Pressure mounts ahead of COP28 to dump fossil fuels

As the United Arab Emirates prepares to host the COP28 climate conference, many politicians, business leaders and civic organisations say the measure of the summit’s success will come down to one issue: whether there is a global agreement to phase out all fossil fuels. For years, the UN summit, which rotates location annually and draws…
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28 November 2023 0

UK warns Adobe’s $20bn deal for Figma would harm competition

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Adobe’s proposed $20bn merger with Figma would harm competition in product design software by uniting two of the main companies in the sector, the UK’s antitrust regulator has said in the latest challenge to the…
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28 November 2023 0

First transatlantic flight powered by cooking and animal fats leaves Heathrow

Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. A Virgin Atlantic plane powered by a blend of waste cooking oil, animal fats and other unorthodox fuels took off from London’s Heathrow airport bound for New York on Tuesday, a flight the aviation industry…
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28 November 2023 0

Clean-energy sell-off is ‘very wrong’, warns US power group boss

Stay informed with free updates Simply sign up to the Utilities myFT Digest — delivered directly to your inbox. The head of one of the world’s largest developers of clean energy said investors are on the wrong side of history as they drive a historic sell-off in renewable stocks. Shares of companies involved in wind…
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28 November 2023 0