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‘Funflation’ is on the rise as hobbies get pricier, but consumers keep spending anyway
Consumers are spending more on hobbies like arts and crafts and outdoor sports, as it gets more expensive to travel due to increased airfare.
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Bangkok roads submerged as flood disaster declared
Authorities said the heavy rains have subsided but the flooding is not yet over.
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News in Frames: After the drought,a refreshing respite
Sharp turn of weather brings relief to parts of Andhra Pradesh, which has been reeling under a severe rainfall deficit, attributed to the El Niño phenomenon
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Swiss voters to decide fate of centuries-old neutrality
A Yes vote would bar the country from co-operating with military alliances unless attacked
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US housing crunch puts private equity in midterm campaign crosshairs
FT analysis shows that institutional investors are being blamed for soaring costs
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South Korea bets big on AI for all
Deputy prime minister is an unabashed evangelist for the technology even as some fear it could pose catastrophic risks
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The executives going ‘fractional’, not freelance
Some workers are choosing to be embedded at a senior level in several companies at a time
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De Beers bets on a taste for the real to restore diamonds’ sparkle
Chief executive believes cultural shift back to ‘natural’ products can help it battle lab-grown rivals
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Armani to kick off stake sale talks with LVMH and L’Oréal
Fashion company to meet French groups and EssilorLuxottica in accordance with wishes of late founder Giorgio Armani
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