Top headlines from across today’s paper
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FINANCIAL TIMES
Thursday, 7 August 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Donald Trump’s new tariff regime set to deepen global trade war
 
US president’s August 7 levies hit many countries that had struck deals with Washington
 
 
Donald Trump says ‘very good chance’ he’ll meet Vladimir Putin
 
US president is seeking to broker a peace deal to end the war in Ukraine
 
 
UK demands China explain redacted parts of London embassy plan
 
Some drawings for the ‘mega’ project close to the Tower of London have blacked out sections
 
 
McDonald’s says poorer customers are eating less of its food
 
Fast-food chain points to weakening incomes and says many people are skipping breakfast or dining at home
 
 
The high summer of Donald Trump
 
In all likelihood, it is downhill for the US president from here
 
 
 

Top Headlines from the International Editions

 
 
 
Donald Trump threatens 100% tariff on chips with carve-out for Apple
 
President says tech companies can avoid the levy by investing in US manufacturing
 
 
China to restrict Tibetan language in region’s college entrance exam
 
Exclusion of core subject exam stokes fears Beijing is furthering campaign to ‘Sinicise’ region
 
 
Donald Trump says Hassett and Warsh are leading contenders for top Fed job
 
‘The two Kevins’ are the president’s leading candidates to succeed Jay Powell as chair of the US central bank
 
 
Airbnb warns of ‘tough’ months ahead even as it beats estimates
 
Executives caution on future earning margins as Trump’s tariffs go into effect and it invests in new services
 
 
US labour data agency was teetering even before Donald Trump fired its chief
 
Funding and staff cuts have hampered Bureau of Labor Statistics’ ability to collate vital reports
 
 
 

Markets

 
 
 
Donald Trump hits India with extra 25% tariff for Russia oil purchases
 
New Delhi says US president’s decision is ‘unfair, unjustified and unreasonable’
 
 
Brookfield steps up bet on AI mania
 
Asset management firm says technology is a ‘defining’ investment theme of the decade
 
 
India’s Russian oil conundrum: yield to Donald Trump or face tariff backlash
 
Narendra Modi under pressure over cheap crude imports as he seeks to limit economic damage from US
 
 
Glencore to stay in London after shelving plans for New York listing
 
Swiss miner confirms $1bn cost-cutting programme to boost profitability and share price
 
 
Without tech, where’s the profit growth?
 
And the public private assets paradox
 
 
 

Companies

 
 
 
One in five UK doctors are considering quitting, regulator warns
 
General Medical Council calls on ministers to reform training and career progression routes
 
 
Novartis weighs deal for biotech Avidity to boost drug pipeline
 
Shares in rare disease biotech surge 26% following approach by Swiss group
 
 
OpenAI-backed Chai raises $70mn for AI-driven drug discovery
 
Start-up has attracted investment from Menlo Ventures and Yuri Milner’s DST Global Partners
 
 
How to reason with OpenAI’s spiralling valuation
 
Whether using traditional methods or a more creative approach, investors are backing Sam Altman’s company
 
 
The shifting future of foreign aid
 
Trump’s brutal cuts are an opening for poorer nations to build legitimacy
 
 
 

Opinion

 
 
 
We can end the scandal of child poverty if we want to
 
Too often the very young are made to carry the consequences of decisions they haven’t made