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Category Innovation

PE-backed firms hit by wave of bankruptcies

High interest rates and low consumer spending are straining debt-laden companies backed by private equity groups, forcing them to either restructure through bankruptcy or buy time to recover through out-of-court settlements with creditors. The pressure on private equity-backed companies is…

Hamas gunmen hand over four Israeli soldiers

Unlock Editor’s Digest for free FT editor Roula Khalaf selects her favorite stories in this weekly newsletter. Four female Israeli soldiers captured by Hamas remained with Israeli forces after they were handed over to Red Cross workers on Saturday as…

Israeli troops entrench in southern Lebanon

Israel’s army has carried out more than 500 raids in southern Lebanon in the two months since it agreed to a ceasefire with Hezbollah, with locals bracing for more destruction as Israeli troops plan to delay their withdrawal. Israel has…