Global hotel chains bet on cheaper end of market as Chinese economy slows
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India’s Modi faces budget challenge as economy slows
Finance minister under pressure to revive growth while maintaining fiscal disciplineFinancial Times - 3h -
Nvidia drops 17% as China's cheaper AI model DeepSeek sparks global tech sell-off
DeepSeek launched a free, open-source large language model in late December, claiming it was developed in just two months at a cost of under $6 million.CNBC - 2d -
FirstFT: Success of Chinese rival to ChatGPT triggers global stock market sell-off
Also in today’s newsletter, Israel allows Palestinians to return to northern Gaza and investors offload record amounts of PE stakesFinancial Times - 2d -
Global investors unfazed by PBoC’s warnings on Chinese bonds
Risk of a systemic financial event stemming from bank purchases of the country’s bonds is low, analysts sayFinancial Times - 3d -
Von der Leyen warns on ‘fracturing’ global economy
German vice-chancellor Robert Habeck says Europe must not ‘let ourselves be pushed around’Financial Times - Jan. 21 -
India’s Economy Slows Down Just When It Was Supposed to Speed Up
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy.The New York Times - Jan. 21 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
McDonald’s new McValue menu foreshadows cheaper fast food elsewhere — and more struggles for chains, analysts say
After fast-food chains tried to win over inflation-weary customers with discounts last year, McDonald’s Corp. kicked off 2025 with yet another deal, launching its new “McValue” menu intended to ...MarketWatch - Jan. 8
More from Financial Times
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India’s Modi faces budget challenge as economy slows
Finance minister under pressure to revive growth while maintaining fiscal disciplineFinancial Times - 3h -
Central bank decisions — as they happened: Powell says no rush to adjust Fed policy stance; Canada cuts rates for sixth consecutive meeting
US central bank holds rates steady as it resists Donald Trump’s calls to cut borrowing costsFinancial Times - 5h -
Shoplifting in the UK hit £2.2bn last year, survey shows
British Retail Consortium said many of the incidents were linked to organised crimeFinancial Times - 5h -
Household water bills in England and Wales to rise by average of 26% this year
Customers face the biggest annual increase since utilities were privatised 36 years agoFinancial Times - 5h -
German companies are risking a ‘lose-lose’ decoupling with China
The corporate and political winds appear to be blowing increasingly in that directionFinancial Times - 5h
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Plane with 64 onboard crashes near Washington DC after collision with military helicopter – follow live
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Thursday Briefing
President Trump’s reversal on a spending freeze.The New York Times - 20m -
Race to rescue driver trapped in Japan sinkhole for two days
Attempts in Japan to retrieve the man were temporarily halted early on Wednesday after a second sinkhole appeared. Rescue workers in Japan are battling water leaks, gas pipes and unstable ground ...The Guardian - 47m -
We are seeing anti-medical, anti-science narratives everywhere – how can doctors like me respond? | Mariam Tokhi
Medical practitioners are no longer trusted instinctively, with sometimes devastating consequences. How do we engage with people who mistrust us?. On Wednesday, a jury found that fourteen members ...The Guardian - 2h -
Farage Says He Talked to Musk Last Week. Relationship Is ‘Fine.’
Three weeks after a rift, the head of the populist Reform U.K. party said Elon Musk remains open to a donation that could shake up British politics.The New York Times - 3h