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Business

Business

WeWork’s shares plunge 37% on bankruptcy reports

By Press Room
November 1, 2023
1 Mins read
Business

US House panel seeks ban on federal purchases of Chinese drones

By Press Room
November 1, 2023
3 Mins read
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. The House…
Business

Toyota raises annual profit forecast by 50% because of weak currency

By Press Room
November 1, 2023
1 Mins read
Toyota Motor reported a more than doubling of second-quarter profit on Wednesday, helped by a weak yen and strong sales, and raised its…
Business

Toyota profits double on strong sales and weakening yen

By Press Room
November 1, 2023
2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Japan’s Toyota…
Business

‘Awfully easy money’: Charlie Munger praises Warren Buffett’s big bets on Japan

By Press Room
November 1, 2023
3 Mins read
Warren Buffett’s decision to invest billions of dollars into Japan was “a no-brainer” that felt like a gift from God, according to…
Business

Egypt to allow first exits from Gaza, Palestinian officials say

By Press Room
November 1, 2023
3 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Palestinian officials…
Business

HSBC takes $500 million hit on Chinese real estate and warns of risk of ‘further deterioration’

By Press Room
November 1, 2023
2 Mins read
HSBC warned Monday that China’s property market has “potential for a further deterioration” as it reported profits that fell short of expectations,…
Business

Moutai shares jump after Chinese liquor maker raises prices

By Press Room
November 1, 2023
2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in…
Business

Sam Altman warns AI could kill us all. But he still wants the world to use it

By Press Room
November 1, 2023
6 Mins read
Sam Altman thinks the technology underpinning his company’s most famous product could bring about the end of human civilization. In May, OpenAI…
Business

Egypt-Hamas talks stalled on Gaza evacuation of foreign nationals

By Press Room
November 1, 2023
3 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Efforts to…
Business

Stellantis takes $3 billion revenue hit from autoworker strikes

By Press Room
November 1, 2023
3 Mins read
Historic strikes by autoworkers in North America reduced revenue at Stellantis €3 billion ($3.2 billion), the company said Tuesday, but it added…
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