Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Santander expects its profitability to improve this year despite concerns about the health of the global economy, as the Spanish bank’s latest quarterly earnings were helped by a strong performance in Europe. Ana BotÃn, Santander’s…
Maksim Labkouski Hopes of a soft landing for the US economy will be encouraged by an improved situation seen in October, with headline flash PMI rising to a three-month high. Future optimism also improved, in part due to hopes of interest rates having peaked, something which looks increasingly likely given a further cooling of inflationary…
Receive free Markets updates We’ll send you a myFT Daily Digest email rounding up the latest Markets news every morning. US stocks advanced on Friday after the Federal Reserve’s preferred measure of inflation fell to its lowest level since the start of the coronavirus pandemic, lowering the chances of another interest rate rise in September….
Receive free Electric vehicles updates We’ll send you a myFT Daily Digest email rounding up the latest Electric vehicles news every morning. Shares in Chinese electric-vehicle makers rose sharply on Thursday after Volkswagen announced a tie-up with Chinese rival Xpeng designed to boost the German car manufacturer’s lagging sales in the country. Xpeng’s Hong Kong-listed…