Economy
China announces $1.4 trillion package over five years to tackle local governments’ ‘hidden’ debt
China Unveils $1.4 Trillion Plan to Tackle Local Government Debt Issues China recently announced a massive five-year plan totaling 10 trillion yuan ($1.4 trillion) aimed at addressing local government debt…
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Lasted Economy
GameStop shares tank on convertible bond offering to potentially buy more bitcoin
GameStop shares took a hit after the company announced plans for a $1.75 billion convertible notes offering to fund its…
Only a crisis will wean the west off debt
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Polestar restarts market expansion with France
Polestar, the Swedish premium carmaker, is gearing up to make a big splash in the French market this year. With…
Air India flight to London crashes in Ahmedabad
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.An Air…
Jalen Hurts lives in a $2K/month rental despite $255M contract — what you can learn from the Super Bowl MVP
Jalen Hurts, the Philadelphia Eagles quarterback, may have signed a massive $255 million contract in 2023, but he still chooses…
Trade tensions not stopping Chinese companies from pushing into U.S.
Chinese companies are making significant strides in global expansion, with the recent success of Shenzhen-based camera company Insta360 in its…
BYD brings EV price wars to small cars in Europe
BYD has introduced its most affordable and smallest electric vehicle in the UK, marking a new phase in the battle…
Brazil’s fiscal package to include higher tax on interest on equity
Brazil Increases Income Tax Rates on Equity Payments in New Fiscal Package BRASILIA (Reuters) - Brazil's Finance Minister Fernando Haddad…