World News Feed

Google DeepMind CEO Demis Hassabis steps aside in shake-up of AI lab

Chief scientist Jeff Dean leaves the group to found his own start-up

Badenoch ‘sad’ over former antisemite’s withdrawal as Tory council candidate

Joshua Bonehill-Paine says he will now advise Conservative Party on its culture and integration commission

Stocks Rise on Earnings and Hopes for Hormuz Deal

A slew of strong corporate profits sent stocks to fresh all-time highs, with the market also rising as President Donald Trump said a deal on …

UK’s Bodycote Draws £1.6 Billion Bids From CVC and Veritas

Bodycote Plc received takeover bids worth around £1.6 billion ($2.2 billion) each from CVC Advisers Ltd. and Veritas Capital, pitting rival private equity firms against …

Flutter chief steps down as gambling group cuts guidance

Peter Jackson to be replaced as CEO in October by head of Flutter’s international business

Muni Market on Pace for 3rd Consecutive Year of Record Issuance

Municipal bond technicals remain highly constructive, helping the market easily absorb issuance running at a record pace. Yet geopolitical and monetary-policy concerns have pushed global …

Reform repaid Tice loan on same day £1mn donated by mother of …

Transactions fuel criticism of the party’s lack of transparency over its financing

Polanski calls for higher taxes on oil and gas profits to fund …

Demand comes as both Shell and BP declared their highest quarterly profit in 4 years

Drone carrying explosives found at Leipzig airport, say German police

Incident appears to mark an escalation after two years of drone incursions at European airports

Musk’s SpaceX unnerves investors with lavish AI spending plans

Shares slide even as group says its quarterly revenues nearly doubled

Progressive Democrat wins in Michigan in rebuke to party establishment

Victory for Abdul El-Sayed sets stage for fierce midterm battle in must-win Senate seat

Carry Trade Is Powering On as Investors Sidestep Yen’s Gains

Emerging-market carry trades, some of this year’s most popular foreign-exchange bets, are showing resilience even after joint US-Japan currency intervention dented the appeal of this …

Iran War Exposes US Military Aluminum Risk Shown in Pentagon War Game

Supplies of an ultra-refined form of the metal used in fighter jets are tight after drones damaged a UAE plant.

Chanel Sales Jump 16% in First Half (Video)

FirstFT: Hopes for Strait of Hormuz deal grow

Also in today’s newsletter: SpaceX shares fall after maiden results and Trump administration revokes visa of Brazil’s ambassador

Tech Melt-Up Drives $3.5 Trillion Nasdaq 100 Rally in Four Days

A dramatic turnaround in technology stocks has powered a $3.5 trillion increase in the Nasdaq 100’s market capitalization in just four days, driven by strong …

US bans exports of various used critical minerals

Washington announces year-long ban on overseas sales of scrap tungsten and ‘black mass’

India’s Closing Auction Faces Early Manipulation Test: Q&A

India’s newly introduced auction-based system to determine end-of-day prices for over 200 stocks has faced backlash after producing unexpected swings during closing sessions.

Burnham rewires the ‘unaccountable’ state

Prime minister’s opening devolution gambit does not lack ambition

Glencore plans secondary listing in Australia

Miner has long complained its London shares are undervalued

Solid wage growth keeps BoJ on course for tightening

Japan’s headline and real wage growth were above expectations in June

India raises $40bn from diaspora to support sagging rupee

Central bank’s rare push to repatriate savings has drawn stronger than expected inflows

Russian bombardment kills 17 in Kyiv as Ukraine runs low on interceptors

Patriot interceptor stocks are depleted as retaliatory 40-day air campaign expires

Vietnam’s Techcombank Seeks $1 Billion, Joining Rush for Funds

Vietnam Technological and Commercial JSB, known as Techcombank, is seeking a $1 billion loan for regular business operations, according to people familiar with the matter, …