World News Feed
Latest news from trusted sources around the world
Keir Starmer unveils defence plan including £5bn for drones
Long-delayed blueprint is unlikely to end military figures’ calls for more funding
India Plans to Cut Reliance on Middle East Oil After War Shock
India’s state oil refiners are planning to reduce their reliance on the Middle East following the supply shock of the Iran war, and will lean …
FirstFT: The great wealth transfer
Also in today’s newsletter: corporate AI users’ staff hires and China’s ‘ghost cities’
World Bank drops climate finance target under US pressure
Donor and client nations lobbied against concession to Trump administration’s ‘voodoo science’
ECB Officials Stay Alert as Focus Shifts to Price Pipeline
European Central Bank officials insisted the inflation shock caused by the Iran war can’t yet be judged to be over, even if hostilities have largely …
Local government is a mess. Here is what Andy Burnham must decide
Prospective PM’s challenge will be getting his devolution proposals functioning by the next election
EU to increase steel tariffs on trading partners
Decision to slash duty-free quotas and double rate to 50% follows similar moves by the UK, US and Canada
EU Cuts Tariff-Free Steel Quota 33% For Close Trade Partners
The European Union will reserve half of its steel quotas for countries with free-trade deals under new measures meant to protect local industry from mostly …
Singapore Households Face Record Power Bills on War’s Impact
Power bills for households in Singapore will hit a record high next quarter as the impact of the US-Iran war feeds through, highlighting the inflationary …
Shell Sees 2026 LNG Trade Flat If Hormuz Reopens in Summer
Shell Plc expects global liquefied natural gas flows to be little changed this year — after more than a decade of growth — if shipping …
Miners Turn South African Stocks From Leaders to Laggards
The precious-metals miners that propelled South African stocks to a record have become a millstone, dragging the benchmark index toward its worst quarterly slump in …
RBI Funding Curbs Deal ‘Body Blow’ to Indian Prop Trading Firms
India’s proprietary trading firms and stock brokers are bracing for a major overhaul of how they finance trading activity.
Trump Lost the Fed Battle, But Look What He Won
The Supreme Court cleared his right to fire regulators at will — like in markets, crypto.
Breitling Owner: China Remains a Complicated Market
Georges Kern, CEO of House of Brands, says that although the group is gaining market share in China, consumers remain reluctant to invest in luxury …
Miniso US CEO on Business Growth Strategy
Tom Bartlebaugh, CEO of Miniso USA, discusses his outlook for the Chinese brand's expansion into North America, and its strategy in expanding on lifestyle and …
Amazon is now the biggest foreign investor in India’s AI sector
Also in this newsletter, weaponised drones made in India
Morgan Stanley Warns of Oil Glut and Cuts Forecasts on Hormuz
Morgan Stanley cut oil forecasts for the second time in about two weeks as flows through the Strait of Hormuz return faster than expected, while …
‘Tooth fairy’ payout nears £5 as UK childhood finances overtake inflation
Annual survey also shows the average child gets £10 per week in pocket money
UK regulator waters down landmark crypto rules
FCA eases capital and disclosure requirements after complaints that incoming digital assets regime was too onerous
Investigation into maternity care in England finds ‘overall system failure’
Government accepts proposal to appoint a national maternity and neonatal commissioner
Chinese exile Miles Guo given 30 years in prison for $550mn fraud
Businessman had fled to the US claiming persecution and then allied himself with the Maga movement
Ethiopia makes deal to cut payments on $1bn bond
Bondholder agreement comes after $8bn of debt relief from official creditors in recent years
CEO Behind Knicks Flyfish Club Afterparty on What’s Next
David Rodolitz, Founder and CEO of VCR Group, joined the live broadcast to discuss the recent celebration held by the New York Knicks at the …
Grasshopper Club Zurich Sold by LA Team to Bridge Football
Bridge Football Group has bought Grasshopper Club Zurich, one of Switzerland’s most storied football teams.
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