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TikTok owner signs join venture agreements to avoid US ban
TikTok’s Chinese owner ByteDance has signed binding agreements with US and global investors for the majority of its business in America, TikTok’s boss told employees on Thursday. Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent…
Supply too reliant on one asset, says South East Water boss
Fiona Irving,South East environment correspondentand Craig Buchan,South East BBC South East Water chief executive David Hinton has faced calls to resign over supply issues The boss of South East Water has said the company is too dependant on individual facilities after a six-day supply failure affected thousands of people in Kent. About 24,000 properties in…
ECB holds interest rates at 2%
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has left its benchmark interest rate unchanged at 2 per cent for the fourth meeting in a row but raised its growth forecast for the Eurozone. Thursday’s rate decision was in…
Iran war prompts Donald Trump to delay meeting Xi Jinping in China
“We have noted that the US side has publicly clarified these false reports by the media, stating that the relevant reports are completely wrong, and emphasised that the visit has nothing to do with the issue of the open navigation of the Strait of Hormuz,” Jian said.
Female artists (and Oasis) drove UK music sales in 2025
Mark SavageMusic correspondent Getty Images Olivia Dean’s The Art of Loving was one of 2025’s best-selling albums To almost no-one’s surprise, Taylor Swift dominated the UK music charts in 2025. The star’s 12th album, The Life of a Showgirl, was the year’s biggest seller, shifting an impressive 642,000 copies since its release in October. Women…
