World News Feed
Latest news from trusted sources around the world
Euro sinks to one-year low as falling oil prices ease pressure on …
Traders back away from bets on further interest rate rises as economy slows
Burnham’s first hire helps win over his doubters
James Purnell, set to be chief of staff, reassures Labour MPs about presumptive PM’s management of the economy
Pete Hegseth forces out top US army officer in Europe
General CD Donahue will announce his retirement on Wednesday, according to people familiar with the matter
MSCI delays Indonesia downgrade verdict and frustrates South Korea
Index provider cites need to further evaluate reforms announced by regulators
Nvidia’s banned AI chips double in price on China’s black market
US crackdown on illicit exports has made it riskier, harder and more expensive to buy tech giant’s processors
Burnham set to demote Reeves to lesser cabinet role
Britain’s probable next prime minister also expected to make James Purnell his chief of staff
AI money floods NY primary race in test of Big Tech’s political …
Donors target pro-regulation Democrat Alex Bores in race against Kennedy scion Jack Schlossberg
US chipmakers lead Wall Street slide on rate rise worries
Nasdaq declines for second day with companies such as Nvidia under pressure
Acclaimed bankruptcy lawyer James Sprayregen set to join Paul Weiss
Former Kirkland & Ellis partner helped turn firm into a restructuring powerhouse
Alibaba sues Pentagon over inclusion on Chinese military blacklist
Ecommerce giant claims US defence department’s ‘arbitrary and capricious’ decision lacked evidence
SpaceX pitches investors juicy yields in $25bn bond deal
Bankers upsize offering after high borrowing costs lure investors
UK tax loophole used by Shein will not be closed until October …
Retailers say slow pace of action undermines efforts to rejuvenate high streets
Labour MPs consider backing challenger to Burnham
Favourite for next prime minister due to deliver speech on economic policy next week
UK tax gap widens despite government crackdown
Provisional estimates for the 2024-25 year show figure has risen to £59.2bn
The 10 headaches Starmer is handing to Burnham
From energy to education and industry to immigration, the prime minister-in-waiting has to clarify his policies
Putin sours on Trump over his latest Ukraine shift
US president ‘impressed’ with Ukrainian drones hitting targets deep into Russia, say officials
Fairytale economics holds the UK back
Without growth, mainstream politics is doomed. Burnham’s Labour must stop telling stories that hold it back
Andrew Tate must return to UK before being told accusers’ identity, say …
Influencer and his brother, who face charges including rape, claim that anonymity of alleged victims prevents fair trial
FirstFT: Global markets slump as tech sell-off deepens
SpaceX shares tumble after its blockbuster debut, also sending Asian and European markets downwards
Peter Murrell sentenced to five years for embezzling SNP funds
Estranged husband of Nicola Sturgeon pleaded guilty to charges last month
Labour’s Burnham sceptics don’t have the numbers to stop him
Some in parliamentary party want a leadership contest but there is not yet a clear challenger with sufficient backing
Mukesh Ambani points to succession plan for Reliance Industries
Also in this newsletter, Modi’s great hopes for Indian arms manufacturing
Apollo’s flagship private credit fund hit by 17% redemption requests
Vehicle meets less than a third of withdrawal requests as investor exodus accelerates
Hedge fund to pay Avis $650mn in settlement after wild stock swings
Pentwater Capital rapidly sold shares in US car rental group as price soared then plummeted
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