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FINANCIAL TIMES
Saturday, 21 March 2026
 
 
 

Top Headlines from the UK Edition

 
 
 
Middle East war live: Donald Trump considers ‘winding down’ US military operations against Iran
 
President says US ‘very close’ to meeting military objectives, though Pentagon orders more troops to Middle East
 
 
Airline industry hit by biggest crisis since pandemic
 
Middle East war has unleashed severe disruption for the aviation sector
 
 
UK borrowing costs reach highest level since 2008 as economic hit from war mounts
 
Ten-year gilt yield jumps to 5% as fears over inflation shock intensify
 
 
Russia offered to curb its support for Iran if US halted aid to Ukraine
 
US rejected deal on intelligence-sharing proposed by Vladimir Putin’s envoy last week
 
 
Iran war will scar the global economy
 
Scenarios that markets and policymakers hoped to avoid are now materialising
 
 
 

Top Headlines from the International Editions

 
 
 
Taiwan concerned by depletion of US missile stocks during Iran war
 
Some weapons used in Gulf would be crucial in early phases of any conflict with China
 
 
Elon Musk defrauded Twitter investors during buyout, jury finds
 
Panel members conclude the billionaire misled shareholders in tweets posted during the $44bn takeover
 
 
Flagship Blackstone credit fund posts first monthly loss since 2022
 
Loan markdowns and market declines led to negative return for the first time in more than three years
 
 
RedBird founder Gerry Cardinale: ‘We’re putting our money where our mouth is’
 
The private equity investor on the $110bn buyout of Warner Bros, his failed acquisition of the Daily Telegraph — and the highs and lows of owning AC Milan
 
 
Anthropic showdown fractures Donald Trump’s pact with Silicon Valley
 
Administration faces unprecedented criticism from Big Tech and former supporters over attacks on the AI lab
 
 
 

Markets

 
 
 
Amazon-backed nuclear reactor group X-energy files for IPO
 
Start-up aims to capitalise on rising interest in atomic power due to growing power demand from AI
 
 
A bet on Bill Ackman’s new listing is complex
 
The hedge fund manager is seeking to extend his Pershing Square portfolio in multiple vehicles
 
 
How the oil shock might spread
 
Measures undertaken by vulnerable economies may be only the start of things to come
 
 
Investors start to bet on US interest rate rises amid inflation fears
 
Traders price in almost 50% chance of higher borrowing costs by October, in potential blow to Trump’s calls for cuts
 
 
Retail investors aren’t crazy for Farage and Kwarteng’s bitcoin business
 
Unpopular
 
 
 

Companies

 
 
 
Japan’s bullet trains shift to cargo as seats go unfilled
 
High-speed rail freight services aim to offset truck driver shortages and dwindling passenger numbers
 
 
Submit your questions — Can Europe break free from US tech dominance?
 
Take part in a live Q&A with FT Innovation Editor John Thornhill and EU correspondent Barbara Moens, on Thursday March 26 at 1pm GMT
 
 
Big drugmakers saved at least $5bn on US taxes shifting income overseas
 
New disclosures show how pharma groups reduced federal levies last year by assigning profits to low-tax jurisdictions
 
 
Supermicro drops 33% after co-founder charged with smuggling Nvidia chips to China
 
US prosecutors allege two employees and a contractor conspired to illegally ship servers through south-east Asia
 
 
Goldman Sachs lawyer who resigned over Epstein links paid $25mn in 2025
 
Kathy Ruemmler to step down as the bank’s general counsel at the end of June
 
 
 

Opinion

 
 
 
Why Wall Street is scouting college sports stars
 
Banks have realised the potential from tapping in to tomorrow’s elite - and by definition wealthy - athletes
 
 
A prosperous Britain means facing up to trade-offs
 
Yes, yes, and yes again to reform of our appalling planning system — but politicians require help to make hard choices
 
 
Mistral CEO: AI companies should pay a content levy in Europe
 
A revenue-based charge would protect the livelihoods of copyright holders and bring legal certainty
 
 
Is it time for me to buy equities again?
 
Many price/earnings ratios have fallen back to long-run averages 
 
 
Can Jane Austen help my teenager?
 
The writer’s Regency settings hold lessons for making friends on social media
 
 
 

Work & Careers

 
 
 
Centerview to face trial over star banker’s pay dispute
 
David Handler, a technology dealmaker, wins reversal from Delaware Supreme Court
 
 
 
 
 
 
 
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