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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Reeves rethinks food price cap after supermarket backlash

Treasury’s effort to get UK retailers to agree on voluntary price controls struggles to find support

Economy Financial Times
Three supertankers attempt Strait of Hormuz crossing

Vessels bound for China and South Korea are carrying 6mn barrels of crude oil

Economy Financial Times
Blackstone’s $5bn data centre plan melds creativity and necessity

The idea makes sense, and the opportunity is large

Economy Financial Times
Germany to overhaul sprawling arms procurement agency

Move aims to speed up spending of country’s expanded defence budget

Economy Financial Times
Barney Frank, US congressman, 1940-2026

First openly gay member of Congress led landmark banking reforms in wake of financial crisis

Economy Financial Times
Starmer postpones fuel duty increase

Planned rise put back until end of year

Economy Financial Times
FirstFT: Trump critic Thomas Massie loses Kentucky primary

Also in today’s newsletter: Europe’s largest property deal in years collapses and Apollo’s Marc Rowan accused of improperly using company resources

Economy Financial Times
Indonesia is at a perpendicular intersection of two different roads

Is this the worst ageing fuel subsidy in the world?

Economy Financial Times
UK eases sanctions on Russian oil refined into jet fuel and diesel

Government aims to alleviate supply problems caused by Iran war and echoes similar measures in US

Economy Financial Times
Policies that changed Britain for the better

From UK Sport to Right to Buy, policymakers have scored some wins — with caveats, of course

Economy Financial Times
Putin meets Xi for key China summit

Russian president arrives in Beijing days after Chinese leader hosted Donald Trump

Economy Financial Times
EU lawmakers strike deal on US trade pact

Member states hope provisional agreement will help avert threat of higher tariffs

Economy Financial Times
Pennsylvania Democratic primary result signals shift to appeal to working class

Former firefighter wins nomination in swing district on more populist message

Economy Financial Times
US to cut troops in Europe to lowest level since before Ukraine …

Pentagon plans to reduce deployment from four brigades to three

Economy Financial Times
Trump’s ‘worst’ Republican critic loses most expensive House primary ever

Maverick Kentucky congressman Thomas Massie defeated by challenger backed by president

Economy Financial Times
Trump endorses ‘Maga warrior’ Ken Paxton in Texas Senate run-off

President’s tapping of controversial candidate could give Democrats an opening in November’s midterm elections

Economy Financial Times
Reeves considers levying ‘oligarch premium’ on overseas buyers of expensive UK homes

Non-UK resident property owners could pay a charge on top of a planned mansion tax

Economy Financial Times
Wall Street prepares for boom in tech IPOs after Cerebras’ success

Chip designer’s $6.4bn raise signals demand ahead of huge listings expected from SpaceX, OpenAI and Anthropic

Economy Financial Times
Shapps broke rules on ministerial appointments with role at military tech start-up

Former Tory defence secretary rebuked for ‘failing to uphold standards’ over chairmanship of Cambridge Aerospace

Economy Financial Times
Son of billionaire Mango founder released after detention over father’s fatal fall

Fashion chain boss Isak Andic died while on a hiking trip with his son Jonathan in 2024

Economy Financial Times
‘Married at First Sight’ allegations shock UK TV industry

Two women have said they were raped during the filming of the Channel 4 dating show

Economy Financial Times
Putin and Xi to discuss huge gas project at China summit

Talks on Power of Siberia 2 pipeline come just days after Donald Trump’s visit to Beijing

Economy Financial Times
Reform UK unveils candidate to challenge Andy Burnham in by-election

Plumber who came second in Makerfield in 2024 election will take on Manchester mayor seeking to become Labour leader

Economy Financial Times
Xi told Trump that Putin might ‘regret’ invasion of Ukraine

US president also suggested they should co-operate with Russian leader against the International Criminal Court

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