World News Feed
Latest news from trusted sources around the world
Ex-Citi executive says bank sacked her after raising Trump concerns
Former employee claims in lawsuit that she identified issues with risk-management practices
Russian warship fires warning shots towards yacht in English Channel
UK says incident is not linked to Britain’s interception of an oil tanker that is part of Moscow’s shadow fleet
Snap defies investor pressure with ‘Specs’ smart glasses launch
Chief Evan Spiegel describes $2,195 eyewear as his ‘life’s work’ as he faces increasing criticism over costs of project
SpaceX leapfrogs Amazon to become world’s fifth-most valuable company
Elon Musk’s AI, rocket and satellite group also announces $60bn deal for AI coding app Cursor
Yum Brands sells struggling Pizza Hut in bet on faster-growing businesses
KFC and Taco Bell owner to offload bulk of fast-food chain to private equity group as part of $2.7bn sale
Notes from the FT Global Bond Summit
The reordering is happening in the asset class, too
Oil sinks below $80 as traders bet Strait of Hormuz flows will …
Brent crude has tumbled to three-month low following agreement to extend US-Iran ceasefire
BMW cuts profit guidance as Iran war adds to challenges in Chinese …
Carmaker expects operating margin in its automotive division to be 1-3% in 2026, a sharp fall from previous projections
Australia-style approaches to social media ban may not work, Ofcom warns
Government considers putting age limits on virtual private networks to help enforce social media restrictions
UK-EU summit set for July 22
Starmer seeks to flesh out plan for closer bilateral ties despite questions over his future as prime minister
Ministers seek to limit costs of next UK offshore wind round
Price will be ‘absolute central factor’ in upcoming auction as government fights to defend its clean power strategy
Reeves ‘hopes’ to fund defence without tax rises
UK chancellor says cabinet has to decide where to cut spending to pay for extra military budget
FirstFT: $300bn reconstruction fund to rebuild Iran
Also in today’s newsletter: Japan’s interest rates hit a 31-year high and private equity’s warning for law and accountancy
Environment secretary casts doubt on £10bn Thames Water rescue
Emma Reynolds’ warning increases prospect of the nationalisation of Britain’s biggest water company
India blocks Telegram in bid to halt exam fraud
Temporary ban introduced after reports that last month’s medical entrance test papers had been leaked
Turkey’s Michelin chefs are fried by high inflation
Food price inflation at 35% is the world’s fourth highest after Venezuela, Iran and South Sudan
Spy agencies buy bulk data to assess potential targets
Commercially gained intelligence is now one of the major sources of government surveillance
Fujitsu chair quits after claims of ‘woman-related’ improper conduct
Hidenori Furata departs Japanese IT services group over allegations
How an AI windfall gave Bain Capital one of the most lucrative …
US firm stands to pocket profits of $15bn on 2018 buyout of Kioxia, the former Toshiba Memory
China’s economy shows signs of weakness in May
Retail sales decline for first time in more than three years and fixed asset investment slump deepens
How has India dealt with the economic hit from the Iran war?
Also in this newsletter: can India’s virtual cockroaches survive in the real world?
US billionaire owners of Crystal Palace explore sale
South London football club is enjoying its most successful ever period
Gavin Newsom says Trump has ordered justice department to investigate him
California governor is considered a potential Democratic presidential candidate for 2028
EU starts membership talks with Ukraine
Accession process moves ahead after Hungary’s new leadership drops its veto
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