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FINANCIAL TIMES
Thursday, 23 July 2026
 
 
 

Top Headlines from the UK Edition

 
 
 
Donald Trump threatens to destroy Iranian bridges and power plants
 
US president’s warning marks latest attempts to assert American control over Strait of Hormuz
 
 
Google burns through $6bn in cash as AI spending climbs again
 
Search giant says it will commit up to $205bn to AI investments in 2026
 
 
US and Saudi Arabia agree landmark nuclear energy pact
 
Critics warn agreement lacks safeguards to prevent future uranium enrichment and reprocessing
 
 
OpenAI hacking incident exposes mounting risks in AI arms race
 
Increasing use of aggressive training techniques sharpens threat of bad behaviour by leading models
 
 
Burnham can be the failure that Britain needs
 
Big government must be tested to destruction for serious reform to finally happen
 
 
 

Top Headlines from the International Editions

 
 
 
US and Japan clash over meltdown liability in $40bn nuclear power deal
 
Project is part of Tokyo’s commitment to invest $550bn in return for lower tariffs
 
 
New Zealand’s ‘rocket man’ takes on Elon Musk and Jeff Bezos
 
Peter Beck’s Rocket Lab builds out internet satellite business to rival Starlink and Amazon Leo
 
 
Tesla’s profits plunge as Elon Musk’s carmaker uses discounts to boost sales
 
Capital expenditures more than doubled as company accelerates pivot to AI and robots
 
 
Macquarie names banking head to succeed Shemara Wikramanayake as CEO
 
Greg Ward appointed to lead Australian investing giant
 
 
The deed thieves targeting New York brownstones
 
As property values rise, more titles are being stolen from homeowners without their knowledge
 
 
 

Markets

 
 
 
Iran-backed Houthis attack two Saudi Arabian oil tankers
 
Brent prices rise after Yemeni rebels say they hit the Encelia and the Layla
 
 
Russian gas cargoes to remain exempt as EU nears new sanctions deal
 
Groups such as Greece’s Dynagas will be allowed to continue carrying Russian LNG
 
 
Aston Martin strikes £550mn debt deal despite creditor objections
 
Cash-strapped carmaker defies lenders who branded transaction with BlackRock-owned HPS as ‘extraordinary’
 
 
European gas prices approach Iran war highs as traders fret over winter supplies
 
Heatwaves and bidding war with Asian buyers leave market vulnerable to Strait of Hormuz disruption
 
 
Nestlé nears deal to sell stake in €5bn Perrier unit
 
Swiss group races to agree terms with Platinum Equity for water business, whose brands include San Pellegrino
 
 
 

Companies

 
 
 
Why the US is losing Chinese AI stars
 
More entrepreneurs from China believe there are now greater opportunities at home than in Silicon Valley
 
 
Uber founder Travis Kalanick raises $1.7bn for new start-up
 
Andreessen Horowitz and the riding hailing group join funding round
 
 
Taiwan’s drone ambitions play to its tech manufacturing strengths
 
Scaling up brings economies of scale, and the island is taking another lesson from China’s playbook: dual-use technology
 
 
Vale shareholders elect new chair following governance dispute
 
Clash revived warnings of undue state influence in Brazilian mining company as pension fund’s candidate wins vote
 
 
Mercedes risks US sales ban under Senate China bill
 
Commerce panel approves legislation barring companies with significant Chinese ownership from US market
 
 
 

Opinion

 
 
 
How long can China defy history and logic with its imbalances?
 
The country is demanding far too much of a world fixated on cheap consumer goods
 
 
The real barrier to Africa’s solar energy boom
 
Reducing the cost of capital is the only way to ensure the expansion of renewable energy across the continent
 
 
India should listen to its frustrated youth
 
Gen Z protests reflect young people’s growing anxiety about their future
 
 
The battle over America’s War Powers Act
 
Trump, like Nixon before him, believes Congress should not constrain his belligerence
 
 
The Lucid dream can continue on a bed of Saudi money
 
With Riyadh’s backing, the electric-car maker could get through this crunch period
 
 
 

Work & Careers

 
 
 
DC’s new National Geographic Museum of Exploration is a triumph
 
The reimagined showcase for the work of the revered society and magazine inspires both childlike wonder at the natural world and a desire to protect it
 
 
 
 
 
 
 
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