Hermès bucks US luxury slowdown as sales soar 22%
French group helped by strong performance in North America in contrast with rival LVMH Luxury goods
FedNow, capital kanban and the art of discouraging bank runs
Too fast too usuriousFintech
Worldcoin Foundation swims against the crypto tide
Plus, an update on Sam Bankman-Fried’s evolving charge sheet Fintech
Historian Tim Snyder: ‘Our misreading of Russia is deep. Very deep’
The Yale professor on why the west got Putin wrong — and what the past tells us about the war in Ukraine Lunch with the FT
Booking offers concessions to EU in bid to clinch €1.6bn Etraveli deal
Amsterdam-based online travel group seeks to overcome competition concerns around purchase of Swedish flights siteTravel & leisure industry, Mergers & Acquisitions
Padel power: players and investors flock to tennis’s upstart rival
Social sport enjoys boom as investors rush to open clubs and professional contests vie for prominence Travel & leisure industry
British Airways owner IAG and Air France-KLM report record profits
Airline earnings boosted by soaring demand for travel, higher fares and continued recovery from Covid-19 crisisTravel & leisure industry
Turkey shakes up central bank as part of shift to mainstream approach
Three deputy governors recruited to work alongside recently appointed bank chief Hafize Gaye ErkanCentral banks
Stricter rules for US banks
European Central Bank raises interest rates back to record highSocial Media, Financial & markets regulation
Central banks leave investors in the dark as they near peak rates
ECB and Fed shift rhetoric in favour of more ambiguity with inflationary pressures waningCentral banks