Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Flutter expects to more than double its core profit by 2027, as the FanDuel and Paddy Power owner bets that most Americans will eventually engage in sports betting as more states liberalise…

When UniCredit bought 9 per cent of Commerzbank this month, the Italian bank’s chief executive Andrea Orcel sought to reassure Berlin of his intentions by saying cross-border deals in the industry could not happen against the will of governments.Outside its home market, any bank needed the “support from local institutions”,…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israel launched a relentless wave of air strikes against what it said were Hizbollah targets on Monday, killing almost 300 people in Lebanon’s deadliest day for decades and pushing the region closer…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Anura Kumara Dissanayake, a neo-Marxist outsider candidate, has won the Sri Lankan presidency, delivering the nation’s biggest political upset since independence from Britain and throwing fresh doubt on its fragile IMF-backed debt restructuring.After…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chipmaker Qualcomm approached its struggling rival Intel about a potential takeover in recent days, according to two people familiar with the matter. A deal is far from certain and no formal offer has…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Constellation Energy will reopen the Three Mile Island nuclear plant in Pennsylvania to provide power to Microsoft as the tech giant scours for ways to satisfy its soaring energy demand while keeping…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Axel Springer’s senior executives are close to receiving bumper payouts as part of the planned break-up the German media giant agreed with buyout firm KKR.The group valuation underpinning the preliminary agreement is…

Stay informed with free updatesSimply sign up to the US financial regulation myFT Digest — delivered directly to your inbox.US regulators dumped long-standing penny limits on share trading prices and cut the fees exchanges can charge their users in new equity market rules that nonetheless ended far short of more…

Sam’s Club said Tuesday it will raise pay to incentivize workers to stay with the company — and not jump ship to Costco. Sam’s Club, the membership club arm of Walmart, will increase its minimum wage to $16 starting in November from $15 an hour. It will also raise wages…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseChevron boss Mike Wirth has blasted the Biden administration’s oil and gas policy, saying it was “undermining energy security” for US allies and threatening the country’s prosperity. Wirth, chief…