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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
‘Very North Korean’: hundreds of Labour MPs back Andy Burnham for leader

Ex-Manchester mayor says it is starting to feel ‘very real’ as 322 out of 403 Labour MPs nominate him to succeed Keir Starmer

Economy Financial Times
Andy Burnham apologises for Labour’s Gaza war stance

Britain’s likely next prime minister seeks to win back leftwing voters outraged by Keir Starmer’s approach to Israel

Economy Financial Times
Goldman Sachs limits prediction market betting for employees

Nascent platforms such as Kalshi and Polymarket pose challenges to compliance policies at heavily regulated banks

Economy Financial Times
Kevin Warsh names high-profile figures to help modernise the Fed

US central bank chair chooses business and academic leaders to head five new task forces

Economy Financial Times
Leading UK research facility Diamond Light Source faces cost cuts

Particle accelerator used by both public and private sector scientists is part of 15% research centre savings

Economy Financial Times
Banijay picks London as new HQ for TV maker after $8bn merger

UK base for production group behind ‘The Traitors’ is another boost to country’s creative sector

Economy Financial Times
World faces growing diesel supply crunch as Russia cuts off exports

Ukraine drone strikes have hammered Russia’s refineries

Economy Financial Times
Democrats race to salvage US Senate bid after Graham Platner scandal

Populist progressive quits Maine contest after rape allegations

Economy Financial Times
Business model in terminal decline? Try a round of golf

Versant Media hopes to get back in play with its purchase of simulator maker Full Swing

Economy Financial Times
Germany strikes deal to buy US Tomahawk missiles, Merz says

Chancellor Friedrich Merz says he reached agreement with Washington during Nato summit in Ankara

Economy Financial Times
Eurostar orders trains to cope with 55C ‘Saudi’ summers

Amended contract follows heatwaves across UK and western Europe

Economy Financial Times
Farage’s finances risk derailing his project to own the British right

Probes into populist politician make him less appealing to non-Reform voters adept at tactically voting against him

Economy Financial Times
US carries out second day of strikes against Iran

Trump claims Tehran ‘called’ to negotiate but casts doubt on prospects of deal

Economy Financial Times
China’s factory gate prices surge over Iran war turmoil

Producer price index rises for fourth straight month as Strait of Hormuz closure roils supply chains

Economy Financial Times
Why isn’t the Fed raising rates?

And more on the job market

Economy Financial Times
Trump’s hot-cold messages on Greenland leave Europe in the lurch

Also in this newsletter: EU countries split over future carbon costs

Economy Financial Times
Oil prices rise after Washington steps up conflict with Tehran

Donald Trump says US attacks will ‘get much worse’ if Iran hits more ships

Economy Financial Times
South Korea’s AI chip boom separates the haves from the have-mores

Huge bonuses for semiconductor workers are leaving those in traditionally prestigious jobs feeling relatively worse off

Economy Financial Times
Police launch probe into donations to Jenrick’s Tory leadership campaign

Investigation by Metropolitan Police follows allegations that money wrongly came from an overseas donor

Economy Financial Times
FirstFT: Trump declares US-Iran ceasefire ‘over’

Also in today’s newsletter: US rare earths flow to Asia, and Santander axes top China banker

Economy Financial Times
Trump’s surprise Ukraine shift steadies nervous Nato allies

A summit that threatened new acrimony among the allies ended with free guns and ‘love in the room’

Economy Financial Times
Starmer planning bank holiday if England wins World Cup

Businesses argue jubilation would offset any economic setback while pubs say it would be a ‘dream come true’

Economy Financial Times
Hawkish Fed minutes indicate some support for rate increases

Policymakers worried about inflation and ‘several’ said they did not believe current borrowing costs were restrictive

Economy Financial Times
Trump grants Ukraine licence to produce Patriot missiles

US president agrees to longstanding demand from Kyiv to make its own PAC-3 interceptors

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