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Suranjana Tewari,Asia Business Correspondentand Lily Jamali,North America Technology Correspondent VCG via Getty Images TikTok announced on Thursday that it has finalised a deal that will allow the hugely popular short-video app to continue operating in the US. The deal comes after a years-long tussle between Washington and Beijing that began in Trump’s first term in…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Intel shares dropped as much as 12 per cent on Thursday after the US chipmaker gave a downbeat revenue outlook linked to issues in the launch of its new manufacturing technology that is critical to…
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Sir Tony Blair’s presence at the launch of Donald Trump’s “Board of Peace” has prompted criticism in London after the British government refused to join the unveiling of the new initiative. The former…
Two people have been charged following the collapse of a pre-paid funeral firm that left tens of thousands of people out of pocket. About 46,000 customers lost thousands of pounds when Safe Hands Plans Ltd collapsed in 2022 and fell into administration. The Serious Fraud Office (SFO) has charged two men – Richard Wells and…
UK government borrowing was significantly lower last month, due to an increase in tax income outweighing spending, official figures show. In December government borrowing – the difference between public spending and tax income – was £11.6bn, the Office for National Statistics (ONS) said. It is down £7.1bn – 38% – from the previous December, and…
Katy AustinTransport correspondent Getty Images The rail regulator has admitted it “did not have all the facts” when it decided to not allow passengers on a peak-time train service between Manchester and London. The Office of Road and Rail (ORR) said it was missing “critical points” when it made a decision that would have turned…
Faisal IslamEconomics editor Getty Images I was in the room and saw President Trump enter and it’s fair to say he got a good welcome from the crowd, certainly at the beginning. A standing ovation. On top of that, there was an astonishing scrum to try to get in, with many turned away – even…
Natalie ShermanBusiness reporter Getty Images US President Donald Trump appeared on course for a setback at America’s top court on Wednesday over his unprecedented move to fire a central bank governor. Supreme Court justices from the left and right asked why they should speed through such an impactful decision, citing concerns about process and implications…
Osmond ChiaBusiness reporter Jason Garcia Nevi Bergeron and her Suzuki Cappuccino mini sports car America is known as the land of big cars and even bigger SUVs but Donald Trump has an idea that could change that. The president wants to bring to the US tiny vehicles, like those commonly seen on the streets of…
Aviation safety campaigners in the United States say they have evidence a plane that crashed in India last year had previously suffered a series of technical failures, including an in-flight fire. The Boeing 787 Dreamliner crashed on 12 June, shortly after taking off from Ahmedabad en route to London, killing 260 people. The Foundation for…
