Top headlines from across today’s paper
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FINANCIAL TIMES
Wednesday, 9 July 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
US copper prices rise to record high as Donald Trump threatens 50% tariff
 
President also says he will impose levies of up to 200% on drug imports after a transition period
 
 
Apple names new chief operating officer
 
Sabih Khan will oversee iPhone maker’s supply chain at a time of huge trade uncertainty
 
 
What is on Rachel Reeves’ menu for raising UK taxes?
 
Chancellor could extend freeze on personal thresholds or impose fresh levies on wealthy to fill fiscal hole
 
 
Trump’s assault on American greatness
 
In just six months, the US president has made huge strides in advancing his agenda
 
 
Rishi Sunak joins Goldman Sachs as senior adviser
 
Former UK prime minister returns to bank he worked at before entering politics
 
 
 

Top Headlines from the International Editions

 
 
 
China producer price deflation deepens as US trade war bites
 
Consumer prices edge into positive territory for first time since January as Beijing seeks to boost consumption
 
 
Elon Musk’s Grok AI chatbot praises Adolf Hitler on X
 
Incident follows the xAI bot sharing ‘white genocide’ tropes in response to unrelated questions
 
 
US state department tightens cyber security after Marco Rubio impersonation
 
Imposter used artificial intelligence to pose as the secretary of state and contacted foreign ministers
 
 
SpaceX heads to $400bn valuation in share sale
 
Deal places rocket and satellite group on par with the top 20 most valuable public companies in the S&P 500
 
 
BCG chief admits Gaza work was ‘reputationally very damaging’
 
Christoph Schweizer says consultancy’s role has been ‘profoundly disappointing’ as Save the Children halts partnership
 
 
 

Markets

 
 
 
Ditch snobbery about secondary listings to revive London, says CBI chair
 
Rupert Soames calls for more ‘vroom vroom’ in the promotion of the London Stock Exchange to overseas companies
 
 
Three surprises that might spook the markets
 
New policies haven’t put a brake on stock prices . . . yet
 
 
The Hong Kong stock market’s tentative revival
 
City’s standing as a global financial hub still faces several hurdles
 
 
Denmark and Finland reject more common EU debt
 
The two countries back joint borrowing to boost defence spending, but oppose it for other purposes
 
 
Wall Street turns more bullish on US stocks despite Donald Trump’s tariff threats
 
Goldman Sachs joins other banks in lifting end-of-year target for S&P 500 index
 
 
 

Companies

 
 
 
Trump administration looks to ban Chinese groups from buying US farmland
 
US move prompted by concerns that purchases are undermining national security
 
 
China is building 74% of all current solar and wind projects, report says
 
Beijing is dominating the construction of renewable energy sources, according to Global Energy Monitor
 
 
Why carmakers need to bring back buttons
 
Asian companies lead a reversal from touchscreen-dominated dashboards
 
 
US space industry sounds alarm over budget cut to collision alert system
 
Groups representing companies including SpaceX sign letter warning move puts ‘critical missions in harm’s way’
 
 
UniCredit doubles its equity stake in Commerzbank to 20%
 
Italian bank has signalled its interest in a possible takeover of the German lender
 
 
 

Opinion

 
 
 
Why gardening memoirs are a growing genre
 
Writing about our green spaces has taken on a life of its own since the pandemic