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FINANCIAL TIMES
Tuesday, 2 June 2026
 
 
 

Top Headlines from the UK Edition

 
 
 
Alphabet to sell $80bn in stock to fund AI spending spree
 
Landmark fundraising plans include $10bn private placement to Berkshire Hathaway
 
 
Donald Trump drops $1.8bn ‘anti-weaponisation’ fund
 
Legal challenges and pushback from Republican lawmakers prompt U-turn from the US president
 
 
Donald Trump claims Israel and Hizbollah agree ceasefire after Iran threats
 
President’s comments come after Tehran said it was suspending peace talks with the US, sending oil prices higher
 
 
BP backs Amanda Blanc to lead second chair search despite City unease
 
Oil major’s senior independent director took lead on appointing shortlived chair Albert Manifold
 
 
Putin could pay a personal price for failure in Ukraine
 
History suggests that military defeat often leads to radical political change in Moscow
 
 
 

Top Headlines from the International Editions

 
 
 
Activist fund Elliott calls for sale of Australia’s largest gold miner
 
US firm builds up stake in Northern Star Resources
 
 
Tencent moves closer to launching AI agent for China’s most-used app
 
Maker of WeChat has fallen behind domestic rivals in artificial intelligence models
 
 
Short seller Andrew Left found guilty of securities fraud
 
Case could have significant implications for investors publishing commentary on stocks
 
 
HPE shares soar 37% on booming demand for AI infrastructure
 
Data centre equipment provider says sales of servers and networking equipment are rising rapidly
 
 
Xi’s last frontier: China’s plan to transform its west
 
A vast development drive aims to tap the region’s economic potential and extend Beijing’s control
 
 
 

Markets

 
 
 
Anthropic files for blockbuster initial public offering
 
Move sets up race with OpenAI and SpaceX, testing Wall Street’s appetite for the AI boom
 
 
Patrick Drahi’s indebted US cable group escalates fight with creditors
 
Optimum Communications transfers its most valuable US pay-TV and broadband assets out of reach
 
 
BP’s head of gas and low carbon to leave group
 
William Lin’s departure after 30 years at energy company follows sacking of chair last week
 
 
Wise shares slump over money laundering investigation
 
London-based fintech says it is responding to questions from Belgian authorities
 
 
SoftBank overtakes Toyota after over 20 years to become Japan’s largest company
 
Demand for AI stocks powers tech giant’s shares as it takes top spot by market capitalisation
 
 
 

Companies

 
 
 
General Mills sells Häagen-Dazs ice cream stores in China
 
Transaction is the latest in shift towards local management for well-known foreign brands
 
 
Florida sues OpenAI and Sam Altman for ‘hurting’ children
 
State files lawsuit over ‘litany of harms’ it claims the company’s chatbots have caused
 
 
China’s housing market could have further to fall
 
To make real estate attractive for investors, prices must go lower
 
 
Aspiration Partners’ co-founder Joe Sanberg gets 14-year fraud sentence
 
Case has thrown spotlight on dealings with Wall Street and Hollywood elites including billionaire Steve Ballmer
 
 
UK cancer services left ‘fragile’ by the pandemic
 
More than one in five cases were missed during lockdowns according to new research
 
 
 

Opinion

 
 
 
SoftBank data centre offers France AI sovereignty with strings
 
The plans are undoubtedly grand but it’s impossible to tell what capacity will be required when the 2030s kick off
 
 
EasyJet may be budget, but an acquirer won’t get it cheap
 
Nothing about buying the orange airline would be straightforward
 
 
Myanmar: the forgotten war
 
The effort to prove Aung San Suu Kyi’s wellbeing can revive broader pressure on the military
 
 
America at 250 — and the war it forgot
 
Native American nations were in a strong position before the 1794 Battle of Fallen Timbers
 
 
AI and real GDP: how big and how fast?
 
Plus more on the chip cycle
 
 
 

Work & Careers

 
 
 
Missy Robbins on New York dining: ‘Life is hard right now. People just want to feel good’
 
As Lilia turns 10, the chef explains why diners crave familiarity, how restaurants keep their magic — and where she loves to eat
 
 
The Honeywell lifer deconstructing a 141-year-old industrials empire
 
Vimal Kapur is presiding over a three-way split that will usher in the end of corporate America’s conglomerate era
 
 
 
 
 
 
 
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