Fin'l Times

Trump exempts Russia from further sanctions mandated by new law

US president gives Putin a reprieve on threatened energy measures after cutting deal with Moscow to release diesel...

9 hours ago

Israeli settlers attack Palestinians carrying out olive harvest in West Bank

Washington Post journalist among those injured during violence in the Palestinian territory...

23 hours ago

US illegal border crossings from Mexico near 60-year low

About 98,708 apprehensions were recorded this year, down from peaks of more than 2mn people under Biden...

1 day ago

Apple set for UK legal fight over iPhone tap-to-pay rules

Competition and Markets Authority plans to force Big Tech group to allow rival payments providers to access its digital wallet technology...

1 day ago

EU vows to maintain Russia sanctions after US pivot

European leaders close ranks around Volodymyr Zelenskyy following Donald Trump’s fuel deal with Moscow...

1 day ago

Treasuries head for best week since February as AI jitters halt bond rout

Borrowing costs fall back from highest levels in decades as investors seek safety in government debt...

1 day ago

Shareholders should have a say on making AI safe

SEC decision to rescind key rule on voting could not have come at a worse time...

1 day ago

Harvard endowment returns surge on back of AI and SpaceX investments

Ivy League university’s $68bn fund gained 27.1% in its second-best annual performance on record as private capital holdings rebound...

2 days ago

Risk of an AI crunch for stock markets is rising

The tremor seen this week could be a foretaste of things to come...

2 days ago

Trump cancels Hegseth’s plan to livestream execution after backlash

US president overrules decision to broadcast execution of former soldier who carried out Texas mass shooting in 2009...

2 days ago

Investors dump data centre bonds as AI borrowers face ‘Darwin moment’

Debt issued by AI infrastructure providers and neocloud companies has sunk towards stressed territory...

2 days ago

Germany’s Merz vows to fight on: ‘We are the firewall’

Defiant chancellor tells the FT he is determined to drive through unpopular reforms and equip Europe for an age of upheaval...

2 days ago

Zelenskyy defies Trump as Ukraine resumes strikes on Russian refineries

Ukrainian president expresses anger in FT interview at ‘dangerous’ withdrawal of US intelligence sharing...

2 days ago

Global stocks sell-off deepens as chipmakers tumble

European and Asian equities slide as investors question durability of AI boom...

2 days ago

Perella Weinberg and Piper Sandler abandon merger talks

A deal would have created an independent investment bank with an equity value of more than $6bn...

2 days ago

Berkshire Hathaway adds $330mn to stake in tech group Bending Spoons

Shares of conglomerate that owns AOL and Vimeo jumped more than 40% on news of expanded investment before dropping back...

2 days ago

Freshfields partners explore carve-out of AI unit worth ‘billions’, leaked emails reveal

Exchange discussed putting legal tech unit into separate entity before valuations fall...

3 days ago

Netflix to cut 1,000 jobs as growth concerns mount

Streaming group faces pressure to boost viewer engagement after shares fall more than 40% in a year...

3 days ago

He linked Saudi Arabia to Silicon Valley. Then OpenAI found a bug wrapped in toilet paper

Arrest of computer engineer Abdulrahman Alfozan has shocked tech figures in Saudi Arabia, where he is deeply connected...

3 days ago

US inflation jumps to 3.7% as Iran war drives up prices

Rebound in fuel costs has piled pressure on voters ahead of midterm elections...

3 days ago

BofA profits drop 17% after $1.2bn money laundering fine

Second-largest US bank reports weaker results in trading than Wall Street rivals...

3 days ago

US indicts Saudi employee of OpenAI for allegedly bugging its offices

AI lab discovered a recording device and reported it to the FBI...

3 days ago

Will bank earnings growth become a thing of the past?

It would be foolish to think the Wall Street giants can’t outrun the threat of AI...

4 days ago

Chip stocks slide after Broadcom boss warns of ‘casino’ mentality in AI investing

Declines for Samsung and SK Hynix drag Kospi sharply lower as investors fret over scale of AI investment...

4 days ago

How not to revive Europe’s auto industry

The electric vehicle market shows how legacy EU companies continue to fail when it comes to countering Chinese competition...

4 days ago

White House asks US envoy to Greece Kimberly Guilfoyle to resign

Donald Trump had said he was considering firing the ambassador after reports claiming she accepted improper gifts...

4 days ago

Top economies heading for biggest budget deficits since Covid, IMF warns

At its annual meeting, the fund calls for ‘urgent’ action to rebuild public finances...

4 days ago

Pakistan’s hard choice on Saudi Arabia’s war in Yemen

Defence pacts and financial reliance on Riyadh give Islamabad little leeway to avoid Houthi conflict...

4 days ago

Bosnia warns US of pro-Russia Serb enclave’s lobbying efforts

Foreign minister expresses concern about public funds used for ‘political influence in the US’ on behalf of Moscow allies...

4 days ago

Houthi assault on Saudi airports strikes at MBS’s economic vision

Deadly bombardment of Riyadh’s international airport threatens crown prince’s plans to turn kingdom into finance and events hub...

5 days ago

The diesel crisis is testing the limits of globalisation

Seemingly rational choices by individual states will weaken collective energy security and accelerate fragmentation...

5 days ago

Zuckerberg says Meta has reached AI ‘frontier’ and rejects calls for slowdown

FT interview: tech billionaire touts release of new Muse Wonder model after vast spending to challenge rivals in AI race...

5 days ago

US agents raid home of Trump critic Ilhan Omar

Homeland Security officials launch criminal investigation into the Minnesota representative...

5 days ago

LVMH’s fashion and leather sales fall in luxury setback

Paris-listed group hails ‘buoyant’ US market but said sales were hit by slowdown in demand in China...

5 days ago

UK imposes new sanctions on Iran over RAF Fairford incident

Andy Burnham says events at Gloucestershire base used by US military were ‘almost certainly directed’ by Islamic Revolutionary Guards...

5 days ago

Nato’s supreme commander warns Moscow against attacks in Europe

Alexus Grynkewich says Russia’s ‘hybrid’ war is unsettling even if conflict is not imminent...

5 days ago

Diesel prices slip after Trump claims ‘energy ceasefire’ in Ukraine war

Announcement follows deal with Putin as US president tries to contain impact of higher fuel costs ahead of midterm elections...

5 days ago

Putin is breaching Trump’s ‘energy ceasefire’, Zelenskyy says

Ukrainian president said Russia conducted strikes on power plants after US president’s announcement on Sunday...

5 days ago

EU ‘safeguards’ hybrid car sector from Chinese imports under new deal

Auto sector welcomes ‘understanding’ reached with Beijing but other industries warn China’s huge trade surplus will persist without further action...

5 days ago

VW chief calls for France and Germany to co-operate on China car fightback

‘When it matters, we have found solutions together’, Oliver Blume says ahead of Paris Motor Show...

6 days ago

US threatens to block arms for Ukraine over attacks on Russian refineries

Officials lobby European capitals and Kyiv following Trump’s diesel deal with Putin...

6 days ago

India’s ‘Cockroach’ movement plans more protests after release of leaders

Abhijeet Dipke of the youth-led Cockroach Janta Party was freed by a court order as police tightened security in New Delhi...

6 days ago

Houthis show military reach with deadly missile strikes on Riyadh

Yemen’s Iran-backed militants demonstrate that they are not just ‘guys in flip-flops’...

6 days ago

US hits commercial tanker in Gulf of Oman as tensions flare

The ship tried to break through America’s naval blockade of Iranian ports, Central Command says of its first attack in a month...

6 days ago

Riyadh airport suspends operations after missile strike injures dozens

Fresh attack launched on Saudi Arabia as kingdom prepares to host investment summits...

1 week ago

US warns Kyiv that strikes on Russia jeopardise intelligence-sharing

Donald Trump’s administration delivered threat after Volodymyr Zelenskyy criticised diesel deal with Moscow...

1 week ago

Police arrest leader of India’s ‘Cockroach’ movement as protesters take to streets

Abhijeet Dipke was escorted off a flight as authorities crack down on demonstrations in New Delhi...

1 week ago

Saudi flagship summits under pressure after deadly airport attacks

Executives weigh whether to attend the World Petroleum Council Energy Congress and Future Investment Initiative...

1 week ago

The hazy OpenAI growth metric driving Wall Street

Revelations that the AI giant’s annualised revenues were $20bn less than previously reported triggered volatility in US stocks...

1 week ago

Trump agrees deal with Putin for Russia to release diesel on to global market

Pact between Washington and Moscow comes just weeks before critical midterm elections in the US...

1 week ago