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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Starmer’s political woes deepen as Mandelson scandal saps his authority

Ministers and Labour MPs appear to be losing sympathy for prime minister

Economy Financial Times
Senators grill Warsh on independence from Trump and personal wealth

Donald Trump’s pick to lead central bank tells lawmakers independence of rate-setters is not ‘particularly threatened’

Economy Financial Times
Downing Street discussed diplomatic role for Starmer aide, says ex-Foreign Office head

Olly Robbins tells MPs he was ‘under strict instruction’ from No 10 not to inform then foreign secretary David Lammy of plan

Economy Financial Times
Apple’s smooth CEO swap is the ultimate corporate status symbol

There are two kinds of companies — those that can do CEO transitions without intense upheaval and those that can’t

Economy Financial Times
Robbins says Downing St pressured him to approve Mandelson appointment

Sacked head of Foreign Office said there was ‘dismissive attitude’ to security vetting of former ambassador

Economy Financial Times
Oil market has lost a billion barrels due to Iran war, Vitol …

Top energy traders warn of unprecedented hit to global energy supplies

Economy Financial Times
Kevin Warsh’s closely watched pitch to become next Fed chair

Also in today’s newsletter, the Middle East’s fragile ceasefire deal nears deadline

Economy Financial Times
FirstFT: Apple picks Tim Cook’s successor

Also in today’s newsletter: Kevin Warsh’s confirmation hearings begin and rebuilding Gaza

Economy Financial Times
Apple’s next chief Ternus faces defining AI moment

Tim Cook’s replacement must lead iPhone-maker through industry shift

Economy Financial Times
Smartphones to be banned in schools in England

Government bows to pressure from teachers, parents and Conservative Party

Economy Financial Times
Novel approach needed for UK’s sick and unemployed

A shift to local initiatives may help more people back into work

Economy Financial Times
Japan lifts ban on lethal arms exports

Major shift from pacifist stance will allow defence contractors to target international markets

Economy Financial Times
Maga Inc builds nearly $350mn war chest ahead of midterm elections

Pro-Trump Super Pac raises $35mn in March with donations from billionaire Diane Hendricks and Andreessen Horowitz

Economy Financial Times
Bezos’s AI lab nears $38bn valuation in funding deal

Company code-named Project Prometheus is working on models for industrial applications

Economy Financial Times
Anthropic and Amazon agree $100bn AI infrastructure deal

Start-up behind Claude tool seeks to bulk up on chips and computing power after suffering outages this year

Economy Financial Times
Apple CEO Tim Cook to hand over to John Ternus in September

Head of hardware to become Apple’s next chief executive while Cook will become iPhone maker’s chair

Economy Financial Times
The M&A strategy behind Berkshire Hathaway’s tie-up with Tokio Marine

Deal with non-life insurer is first investment in Japan beyond trading houses for Warren Buffett’s conglomerate

Economy Financial Times
Heathrow can raise airline fees to pay for third runway bid, regulator …

Civil Aviation Authority’s draft decision comes despite criticism from carriers over airport’s expansion project

Economy Financial Times
Starmer accused of scapegoating officials over Mandelson scandal

UK prime minister fends off calls to quit in chastening House of Commons debate

Economy Financial Times
Trump’s call to deregulate psychedelics boosts drugmakers’ shares

Stock in UK-based Compass Pathways jumps to highest level in two years following president’s executive order

Economy Financial Times
US Export-Import Bank boosts energy lending during Iran conflict

Trade finance agency ‘inundated’ with requests to support US oil and gas exports, says president John Jovanovic

Economy Financial Times
New York $3mn literature trove returned to Whitney heirs 40 years after …

Rare books collection, including work by John Keats and Oscar Wilde, will be auctioned

Economy Financial Times
Data centre hopeful Fermi’s shares plunge as top executives quit

Company co-founded by former Trump energy secretary beset by setbacks including loss of $150mn Amazon investment

Economy Financial Times
Gaza reconstruction to cost more than $70bn, officials say

First damage assessment since US-backed ceasefire comes as progress on peace plan stalls during Iran war

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