World business, finance, and political news from the Financial Times

The Brothers Murdoch
Joint promotion by father a typically clever test

Jihad by social media
Radicalising young western Muslims

Highlights

©Bruce Pavitt

Lessons from the death of Kurt Cobain

5:46pm WORLD

US and Russia to hold talks on Ukraine

Kerry flies to Paris to meet Lavrov

1:21pm

Frankfurt becomes Europe’s first RMB payment hub

Deutsche Börse and Bank of China to develop infrastructure

12:41pm

Coalition repeats its line on Scottish currency union

Leaving the UK means leaving the pound, ministers say

4:28pm

Greek parliament debates critical reforms

Bailout at risk if Athens reneges on dairy market liberalisation

Mar 28, 2014

Insurers unleash fury at City watchdog

FCA issues clarification on ‘zombie’ policy probe

Passengers use a self-service kiosk to check in for a Malaysian Airline System Bhd. (MAS) flight at Kuala Lumpur International Airport (KLIA) in Sepang, Malaysia, on Friday, March 14, 2014. Indian forces expanded the search for missing Malaysian Airlines Flight 370 to the Bay of Bengal after evidence mounted the plane with 239 people on board may have flown long after controllers lost contact with it a week ago. Photographer: Charles Pertwee/Bloomberg

©Bloomberg

3:44pm WORLD

Interpol blames Malaysia over passport database

Minister says security technology is too slow

DCNAHM Michael Lewis, of Berkeley, California, is the author of Boomerang: Travels in the New Third World, (W.W. Norton, $25.95). (Jose Carlose Fajardo/Contra Costa Times/MCT)

Mar 28, 2014 MARKETS

Soul-searching on Wall Street with ‘Flash Boys’ release

High-frequency trading exposé has banks on edge

©Getty

Mar 28, 2014 COMPANIES

Citi stress test hit by audit lapses

Tension among management as bank vows to improve processes

Best of Weekend FT

©Roberto Frankenberg

Paris Saint-Germain: The billion-euro team

How a Qatari state investment company turned one of Europe’s most troubled football clubs football into a brand sensation
Picnic with the FT: Edmund de Waal

The ceramicist and best-selling author of ‘The Hare with Amber Eyes’ shares a seaside snack with Jackie Wullschlager
Built in Brazil

The country’s architecture is among the most vibrant in the world

©Bloomberg

Mar 28, 2014 COMPANIES

Cavanagh to be paid $39m at Carlyle

Lifestyle is part of reason for JPMorgan banker’s move

A man takes a picture of a screen showing a counter constantly updating the greenhouse gases in the Earth’s atmosphere during sideline activities of the United Nations Framework Convention on Climate Change (COP-16), at the Business Action for Climate venue in Cancun, Mexico

©AFP

Mar 28, 2014 GLOBAL ECONOMY

UN study warns on cost of climate change

Global growth to suffer and crop yields fall, says IPCC

A woman walks past price-boards in a greengrocer in Barcelona, April 29, 2013. Spanish prices rose in April at their lowest rate since March 2010, hit by lower power costs and sliding consumer spending, with retail sales falling for almost three straight years in an economy deep in recession.

©Reuters

Mar 28, 2014 GLOBAL ECONOMY

Data deepen eurozone deflation fears

Drop in inflation rate raises concerns about drift towards deflation

Service sector raises hopes for UK growth
Markets Insight Eurozone risks

Protesters hold placards reading "do not touch my twitter " and "communication right is a basic human right" during a demonstration against the ban on Twitter during a demonstration against Turkish government in Ankara on March 22, 2014. Placards read, "do not touch my twitter ", "communication rught is a basic human right" (back R). Turkey's government on Saturday defended its internationally condemned ban on Twitter as a "preventive measure" to stop "character assassinations" following a wave of corruption investigation leaks. AFP PHOTO/ADEM ALTAN (Photo credit should read ADEM ALTAN/AFP/Getty Images)

©AFP

Mar 29, 2014 WORLD

Twitter wins court fight in Turkey

Company hails win for ‘freedom of expression’ though ban remains

Q & A Turkey hits back at Gulenists over leaks
Editorial Turkey must look beyond Erdogan

Comment and Analysis

©Ed Nacional

Mar 28, 2014 LIFE & ARTS

Big data: are we making a big mistake?

Tim Harford on the statistical errors at the heart of an information revolution

FILE -- A visitor tries the Oculus Rift virtual-reality headset at the Game Developers Conference in San Francisco, March 28, 2013. In the unpredictable world of tech start-ups, some interesting firms to watch, like Oculus Rift, in 2013 could fizzle and be forgotten by the end of the year, but they could also be the next big thing. (Winni Wintermeyer/The New York Times) Credit: New York Times / Redux / eyevine For further information please contact eyevine tel: +44 (0) 20 8709 8709 e-mail: info@eyevine.com www.eyevine.com

©Redux

Mar 28, 2014 COMMENT

Technology: All eyes on the future

Apple, Facebook and Google aim to create and control the next crucial technological platform

©Luis Grañena

Mar 28, 2014

Simon Kuper from LIFE & ARTS

Best comments from our readers

"Quietly beautiful and idiosyncratic. I have only been reading the FT for 30 years. Thank you for your work which I have enjoyed and from which I have learned enormously. Many years ago, when I was a university student, you were kind enough to send me a complimentary copy of one of your books. I secretly named my second son after you! I look forward to your next column."
By KIC on Brittan on Britain

"One would think that if security is this compromised, the government should be looking at securing the confidentiality and secrecy of high-level communications rather than further damaging Turkey's image."
By Omerli on Turkey blocks access to YouTube

Weekend FT

interiors

room designed by Fornasetti, wit chairs, table, chandelier, and coat hanger

At Home with the FT

Professor Sir Edwin Southern in the garden of his home in the Scottish Borders

The Diary

Highlights

Kerry flies to Paris to meet Lavrov

Deutsche Börse and Bank of China to develop infrastructure

Leaving the UK means leaving the pound, ministers say

Bailout at risk if Athens reneges on dairy market liberalisation

FCA issues clarification on ‘zombie’ policy probe

Minister says security technology is too slow

High-frequency trading exposé has banks on edge

Tension among management as bank vows to improve processes

How a Qatari state investment company turned one of Europe’s most troubled football clubs football into a brand sensation

The ceramicist and best-selling author of ‘The Hare with Amber Eyes’ shares a seaside snack with Jackie Wullschlager

The country’s architecture is among the most vibrant in the world

Lifestyle is part of reason for JPMorgan banker’s move

Global growth to suffer and crop yields fall, says IPCC

Drop in inflation rate raises concerns about drift towards deflation

Company hails win for ‘freedom of expression’ though ban remains

Comment and Analysis

Tim Harford on the statistical errors at the heart of an information revolution

Apple, Facebook and Google aim to create and control the next crucial technological platform

‘In the current conflict, nobody seems eager to kill. Not even John McCain proposes American military intervention’

Best comments from our readers

At Home with the FT

More stories

FOLLOW THE FT

IN DEPTH

FT INVESTIGATIONS

TOOLS & SERVICES

Multimedia

Tools

Updates

Quick links

Services