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Top Headlines from the UK Edition
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Donald Trump renews threat to hit trading partners with steep tariffs
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| White House extends deadline for ‘reciprocal’ levies from July 9 to August 1 |
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Downing Street leaves door open to higher UK taxes on the wealthy
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| Treasury says it will protect ‘working people’ ahead of what is set to be a painful autumn Budget |
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Reform UK loosens vetting criteria for candidates
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| Populist party adopts ‘common sense’ approach and welcomes previously rejected applicants |
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Russian transport minister fired by Vladimir Putin ‘dies by suicide’
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| Roman Starovoyt’s death came amid ongoing corruption probe into defensive fortifications in Kursk |
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Trump’s ominous ICE security state
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| The nation of immigrants’ shift to mass deportation is among the most shocking turns in US history |
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Top Headlines from the International Editions
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Samsung profits take big hit from US chip controls and AI memory shortfalls
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| China export restrictions affect foundry business while Nvidia has yet to approve tech giant’s advanced products |
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Tesla shares sink after Elon Musk says he will launch new US political party
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| Billionaire’s intervention, which he claims is needed to combat ‘one-party system’, rattles investors |
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Iran’s president says Israel tried to kill him during 12-day war
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| Masoud Pezeshkian says he would be open to renewed dialogue with the US over country’s nuclear programme |
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BlackRock tried private credit once before. Will this time be better?
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| The public markets giant now owns HPS. Its previous deal for Tennenbaum Capital Management has a troubled history |
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Bosnia, 30 years on: the looming crisis in the Balkans
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| Trouble is brewing again in the ethnically divided state, exactly three decades after the Srebrenica massacre |
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Hotelier turned bitcoin hoarder Metaplanet plots acquisition spree
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| Boss of Japanese group plans to borrow against its growing stash of cryptocurrency |
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BP bolsters board with former Shell executive Simon Henry
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| Energy company seeks to strengthen its oil and gas experience in response to investor pressure |
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Maternity wear group Seraphine collapses into administration
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| Company was part of London’s bumper crop of 2021 IPOs but was taken private two years ago at 90% discount |
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Royal Gold agrees acquisitions worth $3.7bn as record prices drive deals
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| US group set to be one of world’s top metals streaming companies once transactions close for Sandstorm and Horizon |
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America’s police-industrial complex has a meme stock
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| Axon’s 60% gross margin highlights the profitability of supplying police gadgets |
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The dos and don’ts of donating art to museums
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| Major institutions are becoming more selective about the work that they will accept — and often want cash too |
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Donald Trump says US will send Ukraine more arms
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| Pentagon had held up critical weaponry over fears that American stockpiles were running low |
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FirstFT: Donald Trump threatens Japan and South Korea with steep tariffs
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| Also in today’s newsletter, Jane Street to fight India manipulation charges, and Iran’s president says Israel tried to kill him |
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UK seeks to rein in employers’ use of ‘gagging clauses’
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| Weinstein whistleblower welcomes changes that will help workers speak out against sexual harassment |
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BCG gets caught up in a scandal in Gaza
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| The episode raises serious questions over processes at the global consulting firm |
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Fox got a big Trump bump — now comes the hard part
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