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Top Headlines from the UK Edition
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The Takaichi revolution
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| The prime minister’s style is clashing with Japan’s traditions — and the bond market |
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Tim Cook handed $47mn pay deal as Apple’s executive chair
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| Package signals big role for former CEO as his successor John Ternus gets $58mn |
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Andy Burnham accused of taking Britain back to the 1970s
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| Conservative leader Kemi Badenoch says new prime minister is living in the past |
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Russia secretly helping Iran develop supersonic cruise missiles
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| Leaks reveal programme behind one of the most significant known transfers of military technology from Moscow to Tehran |
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US launches further strikes on Iran as conflict flares up
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| Escalation pushes oil prices higher and sends Treasury yields to day’s highs as investors fret over new bout of inflation |
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Top Headlines from the International Editions
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Shein searches for growth after cut-price IPO
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| Ultra-fast-fashion retailer set to prioritise third-party marketplace in growth push after cut-price listing |
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Massachusetts’ 80-year-old senator sees off primary challenge over his age
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| Progressive lawmaker Ed Markey defeats moderate rival more than three decades younger |
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Pentagon chaos deepens after Dan Driscoll quits in clash with Pete Hegseth
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| Army secretary’s exit leaves ‘serious leadership gaps’ as US military grapples with protracted Iran conflict |
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China derails consensus on communiqué after US-hosted G20
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| Beijing objects to language calling for elimination of ‘non-market’ policies to curb trade imbalances |
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China’s real robot revolution is not about humanoids
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| The country is using its superpower of scaling and building supply chains to challenge the global industry |
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US diesel prices soar as Donald Trump hauls in refiners
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| President holds White House meeting as fresh escalation in his Iran war threatens new inflationary spiral |
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US defends Venezuela deal as Chevron prepares to expand operations
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| Trump administration justifies agreement as a way to expel Chinese and Russian adversaries from oilfields in ‘our hemisphere’ |
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Warsh and peace
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| Bond yields keep rising after the Fed chair’s Jackson Hole speech |
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Governments should heed the bond market’s warning
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| Financial repression is not a sustainable way to manage rising borrowing costs |
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IMF agrees $2.2bn bailout for Senegal
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| West African nation will seek to restructure its external debts after last year’s revelations of extensive misreported borrowing |
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Germany blames Russia for Leipzig drone attack
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| Interior minister Alexander Dobrindt says his country is ‘not at war, but a daily target of hybrid warfare’ |
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GoPro: a totally normal, unremarkable piece of merger activity
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| Camera action |
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America can’t win the AI race if the rollout lacks public support
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| The US will fall behind China if people believe the technology is something being done to them rather than built with them |
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Action camera maker GoPro to be acquired after decade-long decline
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| Shares jump as much as 80% after announcement of $285mn cash deal with AI hardware group |
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Swiss finance minister hits out at move to water down UBS capital plans
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| Karin Keller-Sutter criticises lawmakers for compromise proposal ‘in favour of the bank and against taxpayers’ |
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Politics keeps European stocks in America’s shadow
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| The bloc’s policymakers typically lean towards protecting consumers and taxpayers at the expense of investors |
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Warsh clears up his own mess, but US credibility is still stretched
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| Many of the economic policy problems the Fed chair has to deal with stem from the administration |
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Why Andy Burnham should say: Jackdaw yes, Rosebank no
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| Despite the UK’s best efforts, its energy system will require natural gas for decades to come |
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How to understand the current puzzle in bonds and equities
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| Like every bubble, the important point is how the AI boom is being financed |
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Tories reopen Liz Truss wound with new shadow chancellor
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| Kemi Badenoch’s appointment of former Treasury minister hands opponents an open goal |
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When is an engineer not an engineer?
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| AI requirements and technical titles are more common in job ads but do not always reflect the reality of roles |
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How Chicago became America’s most surprising beach city
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| The FT’s architecture critic finds the city’s long lakefront a masterclass in urban planning, with sandy shorelines and remarkable buildings |
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