Luxury boom shows the staying power of the ultra-rich
Financial Times: Somehow, the spending splurges of younger cohort set to boom enormously.
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Eurozone set to avoid recession this year as economists’ gloom lifts
Financial Times: Big change as IMF indicates it will upgrade global forecasts.
Banks prepare for deepest job cuts since the financial crisis
Financial Times: Credit Suisse, Goldman Sachs and Morgan Stanley already laying off staff.
Central bankers pledge to ‘stay the course’ on high interest rates
Financial Times: Latest remarks stoke expectations of more rate rises.
Treasury to take ‘extraordinary measures’ as US hits debt ceiling
Financial Times: Plea to raise borrowing limit sooner rather than later to avoid default.
Peter Thiel’s fund wound down 8-year bitcoin bet before market crash
Financial Times: Billionaire was early mainstream investor in the digital currency.
Bank of Japan defies market pressure, keeps monetary policy ultra loose
Financial Times: Decision comes after weeks of turmoil in government bond market.
Scientists unveil laser beam to deflect lightning strikes
Laser lightning rod in critical infrastructure "biggest breakthrough since Ben Franklin".
Apple’s supply chain bet
FiT: Even before violence in China, Apple had plans to make more of its own hardware.
Warner Bros Discovery weighs sale of music library to slash debt
Financial Times: Catalogue including Batman soundtracks could get more than $1.5 billion.
US inflation falls to lowest level in more than a year
Financial Times: Sixth consecutive month of decline amid Fed tightening.
Opinion: What if 2023 is not the reset investors are pining for?
Financial Times: Party-poopers point to the risk of a Fed pivot.
Boss of SA power producer Eskom survived cyanide poisoning attempt
Financial Times: Amid climate of corruption, boss claims he was given cyanide-laced coffee
Companies rush to tap US bond market as credit conditions ease
FT: Cooling inflation tempers expectations of how long the Fed will keep rates high.
Jack Ma cedes control of Ant Group
FT: Chinese billionaire’s reduced voting rights mean IPO plans can be rebooted.
The UK’s dream of becoming a ‘science superpower’
Financial Times: Supercharging the life science sector will take big long-term thinking.
US inflation has not ‘turned the corner yet’, top IMF official warns
Financial Times: "Sticky components of inflation" show more work may be needed.
Fed wants ‘more evidence’ of easing inflation and backs fresh rate rises
Financial Times: Fed intends to keeping squeezing economy, minutes from Dec meeting show.
Hollywood facing 'year of turmoil' in 2023
FT: Entertainment industry faces threat of recession and slower streaming growth.
China’s Covid generation: the surging inequality behind Xi’s U-turn
Financial Times: Lockdowns upended the education of millions and blocked social mobility.
Sam Bankman-Fried pleads not guilty to criminal charges over FTX collapse
Financial Times: "Top target" in FTX scandal denies charges soon after extradition.
Financial Times: Business trends, risks and people to watch in 2023
What to look for in the corporate world in 2023 - from energy to private capital and tech.
Japan to offer families ¥1 million per child to leave Tokyo
Financial Times: Government attempts to reverse decades of demographic decline.
Corrupt, failing Eskom is a picture of South Africa in miniature
FT: Without reliable power, SA can't generate growth and overcome the legacy of apartheid.
Meta to make divisive decision on Trump’s return to Facebook
Financial Times: Tech giant’s policy chief to rule this month whether to revoke ban.
Recession to hit a third of the world this year, IMF warns
Financial Times: Next few months especially "tough for China" as Covid speads.
US economy can still pull off ‘soft landing’
Financial Times: Biden administration sees large-scale investments blunting downturn.
China’s economy begins to reopen after three years of Covid isolation
FT: Rise in demand for travel and worry over Covid-19 spread accompany China's reopening.
Populists punished on drama
FT: Demagogues can’t see that most people want a quiet life between elections.
‘Healthier’ food brands challenge Krispy Kreme and Nutella
Financial Times: Changing consumer tastes and anti-obesity rules boost start-ups.
Irish property: The boom that shows no signs of slowing
Financial Times: Queues of would-be renters chasing overpriced properties. Sound familiar?
More chaos after deadly ‘bomb cyclone’ snowstorm ruins US flights
Financial Times: 'Bomb cyclone' wreaks havoc with thousands of flights.
The changes at work in 2022 that will last — thank God
Financial Times: As we experiment with hybrid life, expect many more rule shifts.