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K-beauty: From social media trend to economic powerhouse
Suranjana TewariAsia Business Correspondent, Seoul, South Korea Watch: Korean skincare is a multi-billion dollar industry – what makes it so great? Who would have thought serums infused with snail mucin – the sticky substance they secrete – would become a part of skincare routines around the world? Well, it’s happened – and the gooey elasticity…
Global dealmaking hits $4.5tn in second-best year on record
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global dealmaking topped $4tn this year for the first time since the boom of 2021, as a record number of megadeals lifted investment banking fees to their second-highest level ever. A total of 68 deals…
Some parents on benefits to get up to £4,500 if children take on apprenticeships
Some parents on benefits will be given up to £4,500 a year to encourage their children to start apprenticeships, the government has said. Under plans to encourage young people into work, families will be offered a bursary to replace Universal Credit payments lost by starting jobs. The payment is expected to benefit an estimated few…
