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Standard Chartered to double investment in wealth management as profits rise
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Standard Chartered has said it will double investment in its wealth management business and shift its focus towards affluent individuals and global institutions after pre-tax profits rose in the third quarter. The UK-based bank on…
Uber explored possible bid for Expedia in ‘super app’ growth push
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uber has explored a possible bid for Expedia, the nearly $20bn US travel booking website, in what would be by far the ride-hailing company’s largest acquisition as it looks to diversify further and find new…
US polling places struggle to find workers after surge in threats
Fears of violence have left some US election boards struggling to hire poll workers with less than three weeks to go before Americans vote in November’s presidential election. Election administrators in battleground states Nevada, Arizona and Wisconsin are still recruiting temporary staff to set up polling equipment, sign in voters and report results, according to…
GM raises investment in lithium mine to nearly $1bn
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US carmaker General Motors has increased its investment in a lithium mine to nearly $1bn as it seeks to secure the long-term supply of a metal that is crucial to the production of electric vehicle…
China to boost credit support for ‘whitelist’ properties to $560bn
Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China plans to almost double credit support for “whitelist” housing projects to Rmb4tn ($562bn) as part of official efforts to reinvigorate its property sector and turn around the economy. The whitelist was introduced in January…
Elizabeth Line wins UK’s Stirling Prize
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Elizabeth Line has won the UK’s top architecture prize, with judges praising the cross-London railway as a “triumph of architect-led collaboration” and an “exemplar of inclusive design”. The Royal Institute of British Architects said…
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