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  1. The cost of a broken ceasefire

    The US struck Iran for the second night in a row, and the IMF warned that renewed conflict in the Middle East would drive up global inflation. Plus, US oil producers and refiners are set to post record profits from the Iran war. Mentioned i

  2. Marine Le Pen’s risky comeback

    US President Donald Trump threatened to remove all American troops from Europe and is reviving his calls to take over Greenland, French far-right leader Marine Le Pen said she will run for president, and Reform UK leader Nigel Farage resign

  3. The Big Four’s problems Down Under

    Greek shipping companies have made at least $3.8bn transporting Russian oil over the past three years, Turkey wants its booming defence sector to arm Europe, and large institutional investors are committing billions of dollars to private cr

  4. London’s push for AI sovereignty

    The tech industry is having a renaissance in London. It's home to the main foreign outposts for giants such as Google and Meta, as well as their well-funded AI challengers including OpenAI and Anthropic. But all those companies are American

  5. Germany’s twin crises: football and the economy

    The US economy fell short of Wall Street expectations by adding only 57,000 jobs in June, South Koreans are pouring AI stock windfalls into an overheated property market and investors in Blue Owl Capital tried to pull $4.7bn from the firm’s

  6. UBS bets on the US

    OpenAI has discussed giving a 5 per cent stake to the US government, UBS will start trialling everyday banking services for its American employees within months, and dealmaking hit record levels in the first half of the year. Plus, many Rus

  7. Why Indonesians are souring on Prabowo

    Nato secretary-general Mark Rutte told the FT that Europe’s rearmament drive was sustaining 195,000 US defence jobs through $300bn in arms orders, and Bending Spoons’ initial public offering will test how a page out of the private equity pl

  8. US Supreme Court blocks firing of Fed governor

    The US Supreme Court blocked President Donald Trump from firing Federal Reserve governor Lisa Cook, and investors are pivoting from the Magnificent Seven Big Tech stocks. Plus, foreign investors are worried the Japanese government is in dan

  9. AI wakes up the sleepy US power sector

    The AI boom is fuelling a record surge in dealmaking in the US power and utility industry, and UK prime minister-in-waiting Andy Burnham will on Monday pledge to deliver “good growth in every postcode” of the UK. Plus, the US-Mexico-Canada

  10. The Bethlehem Project: Steel’s legacy looms large

    Bethlehem Steel was the lifeblood of Pennsylvanian town's economy, and a major contributor to American manufacturing during the 20th century. But when the local plant closed in the 1990s and the company went bankrupt in the early 2000s, Bet

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