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Top Headlines from the UK Edition
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Thames Water boss keeps bonus despite missing target after restatement
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| Embattled utility undershot cash flow goal to trigger awards for Chris Weston and other managers |
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How long can the US economy defy expectations?
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| Despite the tariff shock, inflation is modest, stocks are up, and unemployment is low. Some experts insist it is too soon to tell |
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Why Oasis won in the end
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| The band’s lasting appeal wasn’t foreseen by a cultural elite that overvalues innovation |
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Canary Wharf hotel becomes flashpoint for anti-migrant protests
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| Demonstrations show no signs of abating with unrest expected in other parts of England this weekend |
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Capital gains tax receipts fall after big cuts in allowances
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| Revenue falls 18 per cent in 2023-24 to £12.1bn as the UK’s efforts to increase revenues from the levy backfire |
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Top Headlines from the International Editions
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Israel to airdrop food into Gaza as it rebuffs famine claims
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| Netanyahu’s government denies it has deliberately starved civilians in the blockaded territory |
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EU and US locked in talks ahead of key Trump meeting with von der Leyen
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| Leaders due to meet on Sunday in bid to avoid economically damaging transatlantic trade war |
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AI start-up Anthropic open to Mideast funds in talks to double valuation to over $150bn
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| Rival to ChatGPT maker OpenAI has so far shunned Gulf sovereign investors that ‘enrich dictators’ |
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What are the songs of summer?
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| Stephen Bush, Jemima Kelly, Martin Wolf and other FT writers choose the tracks that evoke festivals, first loves, sunshine and cricket |
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Trader who claims he made 97% of hedge fund’s revenues sues over bonus
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| Robert Gagliardi was denied payout, with Evolution Capital blaming ‘abrasive attitude’ |
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Are investment trusts finally getting their act together?
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| Here are five opportunities that I’ve identified in the troubled sector |
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The bond market maths does not add up for governments
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| Higher yields look probable, forcing countries to pay more to fund their ever-growing deficits |
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China proposes global body to govern artificial intelligence
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| Premier Li Qiang warns ‘bottlenecks’ in chip supplies are hindering innovation |
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Two lesser-known factors behind David Swensen’s success at Yale
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| The nurturing of in-house talent and close partnerships with external managers helped drive returns |
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Britain needs to unleash the spirit of entrepreneurship
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| We continue to put too many obstacles in the way of businesses that want to take risks and make things happen |
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The grisly glory of the group holiday
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| Shared vacations are on the up. Are you part of the team? |
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JD Vance won’t find Kentucky in the Cotswolds
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| If the US vice-president is seeking authentic rural folk in the unsullied countryside, he’s in for a surprise |
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Can Château d’Yquem save Sauternes?
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| Bordeaux’s most celebrated sweet winemakers are turning to tourism and dry whites |
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