Top headlines from across today’s paper
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FINANCIAL TIMES
Friday, 8 August 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Israel’s security cabinet approves Netanyahu plan to occupy Gaza City
 
Proposal raises prospect of months-long offensive and open-ended occupation of Palestinian enclave
 
 
Donald Trump to nominate Stephen Miran to Federal Reserve board
 
White House economist has accused some central bankers of ‘tariff derangement syndrome’ over views on president’s levies
 
 
Donald Trump calls on Intel chief to resign
 
US president alleges that semiconductor industry veteran Lip-Bu Tan is ‘highly conflicted’
 
 
US hits one-kilo gold bars with tariffs in blow to refining hub Switzerland
 
Decision could upend the global bullion market, analysts say
 
 
Why the left can’t compete at populism
 
MPs Starmer exiled from Labour see the chance to ape Reform’s surge but the two sides are not symmetrical
 
 
 

Top Headlines from the International Editions

 
 
 
China’s star tech companies rush to list in Hong Kong
 
The territory has made a series of reforms that have helped fuel an IPO boom
 
 
What is Apple’s $600bn US investment pledge?
 
The tech giant promised Donald Trump hundreds of billions of spending — but the real scale is difficult to measure
 
 
OpenAI unveils long-awaited GPT-5 model
 
Chief Sam Altman hailed next-generation system as ‘major upgrade’
 
 
‘Never compromise’ or ‘Narendra Surrender’? India’s Modi navigates showdown with US
 
Donald Trump’s announcement of punitive tariffs puts Indian prime minister in a difficult position
 
 
How a Mafia crackdown drives economic growth
 
When the state breaks rackets, it creates space for honest enterprises to flourish
 
 
 

Markets

 
 
 
Trump opens US retirement plans to crypto and private equity investments
 
Move is expected to fuel growth of alternative asset industry but will expose Americans’ 401k funds to higher risks
 
 
Donald Trump orders regulators to review ‘debanking’ practices
 
President issues directive after accusing lenders of discrimination against conservatives
 
 
Complaints to UK financial watchdog drop after fees shake-up
 
Financial Ombudsman Service has begun charging claims management companies for bringing cases
 
 
Cryptocurrency group Ripple buys stablecoin platform in $200mn deal
 
Investment follows passing of so-called Genius Act to regulate stablecoins in the US
 
 
Stablecoins can support financial safety
 
Fears that they make it easier for criminals to move money around are based on a misconception
 
 
 

Companies

 
 
 
Crocs shares sink 30% on weak spending and looming end of ‘ugly’ shoe trend
 
Rubber clog maker predicts 10% quarterly revenue fall and warns that poorer consumers are ‘not even going to stores’
 
 
Big investor threatens revolt over CoreWeave’s deal for Core Scientific
 
Hedge fund Two Seas Capital says tie-up’s structure is ‘deficient’ and could undervalue the target
 
 
BHP and Vale offered $1.4bn to settle Brazil mining dam lawsuit
 
Companies proposed resolution ahead of ruling in class action
 
 
The risk of putting the ‘open’ back into OpenAI
 
Following China’s success, US companies are hoping to defend the centrality of their commercial models
 
 
Spain shuns US F-35 jets as tensions grow with Washington
 
Madrid to purchase European military aircraft in sign of deepening rift with Trump over defence and foreign policy
 
 
 

Opinion

 
 
 
Sanctions can kill as many people as wars
 
Economic coercion doesn’t receive as much attention as mili