Stay informed with free updates Simply sign up to the Cyber Security myFT Digest — delivered directly to your inbox. A few weeks ago, a friend was about to have life-saving brain surgery in Boston when her operation was suddenly cancelled. The reason? A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack,
Norton Rose Fulbright has hired public-private partnership and infrastructure attorney Patrick Harder to co-head the firm’s U.S. and North America infrastructure groups. Harder joins Norton Rose after 20 years at Nossaman LLP, where he was a leader in the U.S. P3 space and was partner and chair of the infrastructure group. He will co-chair Norton’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has been warned by the IMF to take much tougher action to rein in the UK’s public debt, putting a question mark over the prime minister’s cuts to national insurance. The IMF on
President Joe Biden signaled tentative federal support for a long-struggling high-speed train between Dallas and Houston using Japanese technology during a meeting last week with Japanese Prime Minister Fumio Kishida. Opponents of the controversial proposal, meanwhile, have urged the Department of Justice to investigate the project’s owner, Texas Central Partners LLC, for violations of the
A growing number of health-conscious consumers rejecting beer, wine and spirits represents “a big opportunity”, said the chief executive of Japan’s biggest brewer Asahi, who forecast zero- and low-alcohol drinks would generate half of the company’s beverage sales by as early as 2040. Atsushi Katsuki, whose group produces beers including Asahi Super Dry, Peroni Nastro
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s war cabinet met on Sunday afternoon to discuss possible responses to a massive overnight Iranian drone and missile attack, with US President Joe Biden urging restraint as the Middle East edged closer to full-blown
Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. Iran’s elite Revolutionary Guards have seized an Israeli-owned container ship in the latest escalation of hostilities between the Islamic republic and Israel. The capture of the ship comes as Tehran has been
Iran has signalled to allies and western nations that it will retaliate against a suspected Israeli air strike on its Damascus consulate in a “calibrated” manner to keep an all-out regional conflict at bay, according to officials briefed on the talks. Tehran is unlikely to target Israeli diplomatic facilities in the region, said an official
Chinese President Xi Jinping has dispatched a senior official to Pyongyang to reassert China’s “deep friendship” with North Korea, as concern rises in Beijing and Washington over Kim Jong Un’s blossoming alliance with Russian leader Vladimir Putin. The visit by Zhao Leji, the third-ranking member of the Chinese Communist party’s leadership group, the politburo standing
Federal Reserve policymakers “generally favored” slowing the pace at which they’re shrinking the central bank’s asset portfolio by roughly half, minutes from their latest gathering showed. The record of the March 19-20 Federal Open Market Committee meeting also showed “almost all” officials judged it would be appropriate to begin lowering borrowing costs “at some point”