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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Farage bids to be ringmaster of his own circus

In forcing a by-election, the Reform UK leader is making the only smart move available to him

Economy Financial Times
Trump revives calls for US to control Greenland

US president threatens to withdraw all troops from Europe as he says he wants to take over Danish-owned Arctic island

Economy Financial Times
Burnham warned of ‘unsustainable’ public finances by UK fiscal watchdog

Office for Budget Responsibility’s annual report says urgent action is needed to cut spending

Economy Financial Times
Japanese wages continue to rise, boosting BoJ normalisation policy

Uptick in wages alongside inflation is what central bank wants to see to persist with lifting interest rates

Economy Financial Times
SpaceX wins bullish recommendations from Wall Street banks

Morgan Stanley gives Musk’s AI and rocket stock $300 price target as quiet period ends following record IPO

Economy Financial Times
Fifa’s red card scandal crosses ‘Rubicon’ on to the pitch

The football body was once riven by bribery and corruption claims. Now it faces accusations of interference in the game itself

Economy Financial Times
Samsung shares fall despite third straight quarter of record profit

High memory chip prices fuel April-to-June earnings but investors concerned about returns on massive AI investment

Economy Financial Times
Modi government faces backlash over petrol-blending

Also in this newsletter, India opens doors to China

Economy Financial Times
Canada chooses Germany’s TKMS for landmark submarine contract

Joint German-Norwegian team wins multibillion-dollar deal as Ottawa pivots away from US

Economy Financial Times
‘Payback time’: Indonesia’s ‘dragons’ versus the president

Simmering discord between Prabowo Subianto and top businessmen threatens spillover on economy

Economy Financial Times
China fires ballistic missile into Pacific nuclear-free zone

Submarine-launched projectile carrying dummy warhead draws condemnation from Japan, Australia and New Zealand

Economy Financial Times
Top Fed official backs Kevin Warsh’s rethink of forward guidance

Christopher Waller sides with central bank’s new chair in call for revamping communication to market

Economy Financial Times
Honeywell spin-off targets AI supply chain with $14.5bn deal for Element

Deal will create a leading advanced materials company with a combined enterprise value of roughly $29bn

Economy Financial Times
Toronto nude spot emerges as unlikely flashpoint over Canada investment

Airport expansion crucial to $1tn foreign investment plan threatens the birthplace of country’s gay pride movement

Economy Financial Times
Hedge fund run by ex-OpenAI researcher bets on SK Hynix’s US IPO

Situational Awareness joins UK investor Baillie Gifford backing the South Korean memory maker’s American debut

Economy Financial Times
Infantino defends Fifa integrity after Trump intervention over banned player

Governing body under scrutiny after US president admits asking for review into one-match ban given to Folarin Balogun

Economy Financial Times
The next frontier for defence companies is the deep blue sea

Countries have a whole host of relatively new vulnerabilities lying on the seabed

Economy Financial Times
Germany to borrow €800bn for rearmament in historic shift

Chancellor Friedrich Merz’s debt-fuelled spending not seen since German reunification

Economy Financial Times
Lockheed Martin strikes $3.5bn deal for subsea tech group

Tie-up comes amid surge of interest in defence technology, as Thales unveils planned purchase of French naval drone maker

Economy Financial Times
Citi to join ‘club’ of clearing banks controlling London gold market

Bank to join JPMorgan, UBS, ICBC and HSBC as first new clearing member for world’s largest physical gold market in a decade

Economy Financial Times
Microsoft axes 4,800 jobs as it resets Xbox

Gaming unit under pressure from weak margins and the industry’s sharp hardware downturn

Economy Financial Times
Trump escalates Meloni feud with ‘restraining order needed’ post

US president renews attack on Italian leader who was previously his most devoted European ally

Economy Financial Times
Millions attend funeral procession for Ayatollah Ali Khamenei

Event in Tehran expected to be centrepiece of one of the regime’s largest public displays of support

Economy Financial Times
EasyJet reaches outline agreement on £5.5bn takeover by Castlelake

UK airline’s board says it is minded to recommend proposal by US private credit group

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