Top headlines from across today’s paper
All newsletters | Read in browser
FINANCIAL TIMES
Sunday, 27 April 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Republicans plan to scrap US audit regulator
 
Proposal to fold the Public Company Accounting Oversight Board into the SEC will boost Donald Trump’s deregulatory agenda
 
 
China seizes disputed reef in the South China Sea
 
Sandy Cay is just kilometres from the Philippines’ military outpost at Thitu Island
 
 
Trump and Zelenskyy hold ‘productive’ discussion at Pope’s funeral
 
World leaders gathered in Rome as US and Ukrainian presidents met for first time since Oval Office row
 
 
Kremlin claims to have pushed Ukraine out of Kursk as Trump criticises Putin
 
Russia acknowledges presence of North Korean troops on the ground for the first time
 
 
Simon Schama: Trump’s war on knowledge
 
Attacks on Harvard and other universities are not just self-defeating — they are fundamentally un-American
 
 
 

Top Headlines from the International Editions

 
 
 
US stocks underperform rest of world by widest margin since 1993
 
Investors fear Trump’s tariff blitz will lead to US stagflation while weak dollar adds to woes
 
 
Airbus closes in on Spirit deal
 
European aerospace group has been in talks with supplier since 2024 as part of wider Boeing takeover discussions
 
 
‘Fluent Korean cooking with a French twang’ — Jay Rayner reviews Calong
 
The properly cool thing here is the food, which is cool in an understated way, and that’s the best kind of cool
 
 
How the US trade war is infecting the global economy
 
The IMF chief warns of a ‘new and major test’ as it cuts growth projections on the back of the Trump administration’s tariffs
 
 
The wedding racket: how tying the knot became so expensive
 
Vendors are often accused of raising prices whenever they hear the word ‘wedding’ — but there’s more to it than that
 
 
 

Markets

 
 
 
Iranian port explosion injures more than 500 workers
 
Authorities suspend all imports and exports through Shahid Rajaee while investigations continue
 
 
Saudi Aramco steps up e-fuel investment to prolong combustion engine era
 
World’s largest oil company says synthetic fuels have a part to play despite global shift towards electric vehicles
 
 
Investors bank on Bessent to tame the drunken dragon
 
Yields on US government bonds have been thrashing around in response to Trump’s capricious policy plans
 
 
 

Companies

 
 
 
Revolut ends stock-only bonuses ahead of potential IPO
 
Fintech started to pay out awards in cash after staff asked for ‘greater liquidity’
 
 
GTCR looks to exit health tech firm as bumper sales spree continues
 
Chicago-based private equity group seeks valuation of over $1bn for the business during lull in deal activity
 
 
DeepMind UK staff seek to unionise and challenge defence deals and Israel links
 
Move by employees at Google’s AI arm follows discontent after weapons and surveillance pledge is dropped
 
 
A lawyer in Donald Trump’s inner circle is now in the president’s crosshairs
 
Bill Burck avoided the administration’s wrath until he agreed to represent Harvard University in a funding battle
 
 
Barbarians at the sluice gate: KKR’s Thames Water quest
 
US private equity firm is preferred bidder for UK utility trying to avert renationalisation
 
 
 

Opinion

 
 
 
Make America Pregnant Again
 
The Republicans want a ‘baby boom’. And Elon Musk can fertilise us all
 
 
Where the west still wins
 
Aeroplanes, universities, sports leagues — there are lots of exceptions to the decline of the North Atlantic world
 
 
The post-Covid world is only just becoming clear
 
The scars of th