World News Feed
Latest news from trusted sources around the world
Berlin pulls plug on Franco-German fighter jet
Chancellor Friedrich Merz proposes scaling back €100bn defence project to co-operation on ‘combat cloud’
Starmer rallies ministers in attempt to build support against Burnham
Prime minister insisted he would fight Greater Manchester mayor in any leadership contest
Blackstone looks to sell $2bn of stakes in private investment funds
One of the biggest deals of its kind will test investor appetite for ageing private equity vehicles
Italy’s biggest lender offers €30.6bn to buy world’s oldest bank
Italy’s largest bank says takeover would result in significant cost savings
Uber’s pursuit of Delivery Hero faces fresh challenge from Saudi start-up
Riyadh-based Ninja is considering making bid for parts of German group’s Middle East business
People are starting to eat the rich
Free-floating rage against a super-wealthy elite could favour economic populists in the midterms
Turkey probes 95-year-old Rahmi Koç over ‘derogatory’ joke
Critics warn judicial move against prominent tycoon risks undermining investment in Turkey
FirstFT: AI sell-off spooks global markets
Also in today’s newsletter: Iran and Israel trade fire while Intesa Sanpaolo launches €30bn bid for rival bank
Tate & Lyle agrees to £2.7bn takeover from US rival Ingredion
Takeover of long-serving FTSE member deepens London stock market malaise
Armenians back pivot from Moscow in Pashinyan election win
Prime minister’s party secures parliamentary majority against Russia-friendly rivals
Explosions heard in central Tehran as Israel and Iran trade air strikes
Retaliatory barrages test two-month truce and Trump’s efforts to forge wider peace deal
China’s Xi lands in North Korea for Kim meeting
Chinese leader’s first trip to Pyongyang in 7 years comes as regime has stepped up rhetoric of nuclear expansion
Israel launches retaliatory air strikes on Iran
Assault tests 2-month ceasefire and follows Tehran’s earlier launch of ballistic missiles
Oil prices jump after Iran missiles threaten fragile ceasefire
Traders worry that new strikes could escalate into a return to all-out conflict in Middle East
Chips, ships and guns: South Korea booms on AI race and global …
Asia’s fourth-largest economy is in a sweet spot as its biggest companies capitalise on geopolitical trends
Intesa prepares Monte dei Paschi bid to gatecrash BPM’s €50bn bank merger
Board of Italy’s largest bank meets hours after rival proposed potential tie-up with MPS
Iran launches ballistic missiles at Israel
Attack comes after Israel carried out a strike in Beirut that it said targeted Hizbollah
Zelenskyy used Abramovich to send message to Putin about peace talks
Former Chelsea FC owner invited to Kyiv last month in failed attempt to broker direct negotiations
US weighs using Iranian assets to compensate Gulf allies for war damage
Proposal comes as relations between Trump administration and regional partners have been strained by conflict
A big week for two Big Tech businesses
SpaceX IPO launches, Apple to hit reset, Trump turns 80, Fifa World Cup 2026 kicks off
Trump piles pressure on Warsh with call for rate cut
US president raises stakes for central bank pick as expectations grow that borrowing costs will rise
Airlines face $100bn hit on jet fuel from Iran energy shock
Industry body warns that profits will be halved by surging energy costs
Israel attacks Beirut days after Trump’s showdown with Netanyahu
Limited strikes on Lebanese capital follow US president’s intervention last week forcing Israeli PM to delay major raid
The strange case of who chooses the next Labour prime minister
Around three-quarters of those who can vote in any contest on who succeeds Starmer are not Labour Party members
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