Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Former Jupiter star fund manager Ben Whitmore has launched the first fund for investors under his new Brickwood brand, months after departing the company along with other employees.The new fund from Whitmore — who at his peak managed about £10bn for Jupiter — will focus on buying shares in undervalued UK companies that are out of favour with many investors.Whitmore set up Brickwood with former Jupiter manager Dermot Murphy and his brother, Kevin Murphy, who joined from Schroders. Claudia Ripley also left…

Frozen shakes sold to nursing homes, hospitals and other institutions have been recalled after the drinks were tied to a yearslong deadly listeria outbreak, the Food and Drug Administration said on Friday.Since 2018, at least 11 people have died from the outbreak and dozens have been hospitalized, the F.D.A. said, but previous investigations had not been able to find a source of the bacteria.In 37 of the 38 known cases, the patients were hospitalized; 34 of those infected were in long-term care facilities or had been hospitalized before becoming sick with listeria.Cases have been reported in 21 states, including California,…

Tensions between the world’s two largest economies have escalated over the last several years.Florence Lo | ReutersBEIJING — China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete actions.On Feb. 19, authorities published a “2025 action plan for stabilizing foreign investment” to make it easier for foreign capital to invest in domestic telecommunication and biotechnology industries, according to a CNBC translation of the Chinese.The document called for clearer standards in government procurement — a major issue for foreign businesses in China — and for the development of a plan to gradually allow foreign…

The Ministry of Federal Capital Territory, Nyesom Wike, is on the heels of some suspected vandals allegedly responsible for stealing and vandalising sewage manhole covers in Abuja. The Senior Special Assistant on Public Communications and New Media to the FCT Minister, Mr Nyesom Wike, Mr Lere Olayinka, confirmed this in a statement on Sunday. Wike said efforts were ongoing to apprehend the vandals’ collaborators, especially buyers of the manhole covers. The News Agency of Nigeria reports that an unidentified Nigerian took to his TikTok handle, @savvarkmedia360, to decry the unabated vandalisation of manhole covers in FCT highways and urged Wike…

A Kenyan police officer was fatally injured in Haiti on Sunday in an operation that was part of the international effort to help combat gang violence and restore order to the Caribbean nation, officials said.It appears to be the first death of a Kenyan officer working as part of the Multinational Security Support Mission, the international contingent that has been deployed in the Caribbean nation since June. The force is mostly made of Kenyan officers.The officer was injured during an operation in the Artibonite region, north of the capital, Port-au-Prince, on Sunday, the Multinational Security Support Mission said in a…

By late last week, President Trump had decided to fire Gen. Charles Q. Brown Jr., the chairman of the Joint Chiefs of Staff, and replace him with one of two very different candidates, according to two administration officials.One was Gen. Michael E. Kurilla, a hard-charging Army four-star general who oversees U.S. military operations in the Middle East, one of the Pentagon’s highest-profile assignments.The other was a little-known retired three-star Air Force officer, Dan Caine, with an unorthodox career path that included time as a fighter pilot, the top military liaison to the C.I.A. and an Air National Guard officer who…