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Top Headlines from the UK Edition
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Donald Trump threatens new tariffs on Canada
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| US president warns of imminent EU trade announcement and higher global rates for other nations |
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UK F-35 jet fleet dogged by delays and staff shortages, watchdog says
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| Aircraft programme ‘shortcomings’ are undermining the effectiveness of Britain’s armed forces, NAO says |
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Reeves puts reform of UK cash ISAs on hold following backlash
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| Chancellor had planned to cut the £20,000 annual tax-free savings allowance but now wants to consult with industry |
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Companies to gain right to negotiate cheaper office rents in England
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| Clauses in commercial leases that say payments cannot fall are to be banned, in a move aimed at bolstering high streets |
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Britain is living beyond its means
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| No party looks truly ready to confront tax-resistant voters with some hard questions |
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Top Headlines from the International Editions
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India on track for record IPO year
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| Value of primary listings hits highest year-to-date level on back of interest rate cuts and domestic demand for stocks |
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Two top BCG executives stripped of leadership roles over Gaza project
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| Consulting group’s chief risk officer and head of social impact practice lose their titles |
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White House opens new front in attack on Fed chief Jay Powell
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| Trump ally Russell Vought accuses US central bank of ‘ostentatious’ refurbishment of its headquarters |
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Lula seizes Trump tariff threat to revive re-election push
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| Unpopular government uses US president’s intervention to brand conservative opponents as traitors |
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Elon Musk is still the Tesla wild card
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| The huge premium in the company’s shares is an extreme version of Silicon Valley founder syndrome |
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Pentagon strikes investment deal with US critical minerals producer
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| Unusual agreement follows growing concern in Washington over Chinese dominance of crucial weapons materials |
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Citadel Securities buys Morgan Stanley’s electronic options market making unit
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| Deal highlights the growing dominance of high-frequency trading groups on Wall Street |
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Jamie Dimon tells Europe: ‘You’re losing’
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| JPMorgan Chase boss warns on EU competitiveness and market complacency over tariffs |
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Trading firms Virtu and Citadel Securities clash over new options exchange
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| Virtu lends its support to IEX after Ken Griffin’s firm criticised planned exchange’s ability to cancel and reprice trades |
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Robinhood: a bold story with a fairytale valuation
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| The online broker is worth watching but its share price involves some heroic assumptions |
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FT Wealth: July
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| In this edition: Walmart heir Lukas Walton is on an environmental crusade; Roman wealth through the prism of photographs by Don McCullin; donations of pieces to a museum may need a cheque attached; US philanthropists innovate in the face of Trump’s attacks |
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Heathrow seeks rise in landing charges to fund £10bn expansion
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| Airlines expected to oppose airport’s request to regulators to increase the levies |
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Delta Air Lines shares jump as demand for flights rebounds
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| US carrier restores financial guidance as economic uncertainty that followed April’s ‘liberation day’ tariffs recedes |
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Portugal restarts plan to privatise airline TAP
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| Previous attempt at a stake sale attracted interest from IAG, Air France-KLM and Lufthansa |
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US accuses Houthis of ‘kidnapping’ crew members from sunk vessel
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| Yemeni rebels have scaled up assaults on commercial shipping this week |
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Defence drives a Franco-British rapprochement
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