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Emerging markets stocks are set for their worst monthly decline since January. The slump comes as investors price in higher odds of a Trump win in the upcoming US election. Trump has pledged to drastically raise import tariffs to as high as 20%, and up to 60% for China. Thanks for signing up! Access your […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alumis and Upstream Bio, two US start-ups developing medicines for inflammatory diseases, have confidentially filed for initial public offerings as dozens more biotechs gear up to go public this year, according to people familiar with […]
The US has a bad reputation abroad when it comes to food. From State Fair monstrosities like deep-fried lobster on-a-stick to fattening fast food, we’re viewed as gluttons who can’t get enough fat, sugar, and salt. But it’s not all deep fried butter and Papa John’s garlic …