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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’As the mania for “American exceptionalism” fades, Europe and even China have emerged as new destinations for capital. But the best-performing region in the world this year is Latin America, and it is missing from the global conversation. Its stocks are up 21 per cent in dollar terms, well ahead of Europe in second place and the average return of 6 per cent across emerging markets.After fuelling…

While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPI’s Nclude Fund, the Cairo-based fintech says it’s ready to shift from steady growth to regional expansion. The round, which also drew participation from Partech Africa and CommerzVentures, brings the company’s total funding to just over $60 million. Founder and CEO Ahmed Wadi notes that, unlike fintechs burning through cash…

رئيس جهاز الاستخبارات العامة السورية، بدأ تجربته المهنية دعويا، ثم انخرط مع لجان العمل الثوري إبان الثورة السورية، وشغل مناصب قيادية في المنطقة الشرقية، قبل أن ينضم لهيئة تحرير الشام، ثم التحق بإدارة عمليات الفتح المبين، وعيّن محافظا لدير الزور عقب سقوط نظام الرئيس السوري المخلوع بشار الأسد. المولد والنشأة ولد حسين السلامة عام 1984 في مدينة الشحيل بريف دير الزور، وهو ينتمي لقبيلة العكيدات، واحدة من كبرى قبائل البلاد. الدراسة والتكوين العلمي أنهى السلامة دراسته الثانوية في دير الزور، وتخرج من معهد المراقبين الفنيين، كما حصل على دبلوم في الإدارة والاقتصاد. التجربة المهنية والعسكرية بدأ السلامة تجربته المهنية في…

Andreas HaleMay 5, 2025, 02:06 AM ETCloseAndreas Hale is a combat sports reporter at ESPN. Andreas covers MMA, boxing and pro wrestling. In Andreas’ free time, he plays video games, obsesses over music and is a White Sox and 49ers fan. He is also a host for Sirius XM’s Fight Nation. Before joining ESPN, Andreas was a senior writer at DAZN and Sporting News. He started his career as a music journalist for outlets including HipHopDX, The Grammys and Jay-Z’s Life+Times. He is also an NAACP Image Award-nominated filmmaker as a producer for the animated short film “Bridges” in 2024.LAS…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.It is fair to assume that, had any of the last few chief executives of Barclays bank been asked to sign a letter urging the government to rescind punitive regulations, they’d have jumped at the chance.From John Varley, who ran Barclays during the 2008 financial crisis, to Jes Staley, CEO up to three-and-a-bit years ago, the bank’s bosses have consistently campaigned to resist government bailouts and fend off onerous regulations.Not Venkat, as he is universally known. CS Venkatakrishnan, Barclays’ boss since late…

Startups providing AI-powered coding tools are striking a positive chord with investors. Cursor, one of the most popular tools in the segment, has attracted $900 million in a fresh round of funding led by Thrive Capital, as per a report from the Financial Times. The FT noted that other top venture firms such as Andreessen Horowitz (a16z) and Accel are participating in the round that would value Anysphere, the company behind Cursor, at $9 billion. Earlier this year, Cursor raised $105 million from Thrive and a16z at a $2.5 billion valuation, as previously reported by TechCrunch. Other AI-powered coding startups…

بدأ المغرب عام 2006 التفكير في مشروع لقطار فائق السرعة، أطلق عليه أثناء تدشين المرحلة الأولى عام 2018 اسم “البراق”، وهو الأسرع في أفريقيا، ومن بين أسرع القطارات في العالم. وإلى حدود عام 2025 امتلك المغرب من هذا المشروع قطارات تصل سرعتها إلى 320 كيلومترا في الساعة، وبدأ بناء مشروع جديد لقطارات أخرى تصل سرعتها إلى 350 كيلومترا في الساعة. وبلغ عدد مستعملي قطار البراق في المغرب سنة 2024 نحو 5.5 ملايين مسافر، وتعول الحكومة على هذا المشروع لتسهيل تنقل المواطنين والسياح وتعزيز الترابط بين المدن والمطارات، ضمن رؤية لتحقيق التنمية المستدامة والاندماج الإقليمي للمغرب على المدى الطويل. ويعتبر هذا…

IVINS, Utah — Haeran Ryu made an 8-foot eagle putt during a flawless back nine that allowed her to pull away Sunday with an 8-under 64, giving her a five-shot victory at the inaugural Black Desert Championship in the LPGA Tour’s return to Utah after a 61-year absence.Ryu became the second player to go wire-to-wire on the LPGA Tour this year, and it was her second time winning a new event. She won the FM Championship at the TPC Boston last year.She was coming off a rough finish at the Chevron Championship last week, sharing the 54-hole lead at the…

Stay informed with free updatesSimply sign up to the Private equity myFT Digest — delivered directly to your inbox.The private equity industry is past its peak and faces a massive challenge in selling off trillions of dollars in assets, according to Egyptian industrialist and billionaire investor Nassef Sawiris. Sawiris, who has invested parts of his fortune in funds at multiple buyout firms, said he and others who back private equity funds were frustrated with the lack of distributions in recent years. Firms have struggled to exit investments amid a post-pandemic slowdown in dealmaking and initial public offerings.“Private equity has seen…

“I heavily relied on items from Temu for my business, and I am freaking out that I cannot find any of my usual supplies,” wrote one Reddit user on the r/TemuThings subreddit. Another user shared a screenshot they claimed was of a conversation with Temu’s in-app customer service chat feature, in which an agent said the platform is “currently unable to display items outside the US” and couldn’t provide a time frame for how long the limitation would persist.The change has also confused Temu sellers in China, who apparently weren’t notified ahead of time that Americans would soon no longer…