Top headlines from across today’s paper
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FINANCIAL TIMES
Saturday, 16 August 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Trump fails to secure Ukraine deal at Alaska summit with Putin
 
Truncated talks end without ceasefire despite US president’s warm welcome for Russian leader
 
 
Trump rolls out red carpet for Putin as Ukrainians watch from afar
 
US president’s warm Alaska greeting brings Russian leader in from the cold
 
 
Treasury prepares tax reforms in push to boost UK productivity
 
Fears of £10bn downgrade from OBR prompt hunt for measures to improve growth
 
 
Weight-loss weariness and Trump threats wipe $250bn off Novo Nordisk and Eli Lilly
 
Trump’s push for price cuts and tariffs weighs on ‘obesity franchises’, which have missed out on equity market’s rise
 
 
Europe now needs to step off the sidelines on Ukraine
 
If EU leaders genuinely believe Kyiv’s independence matters, they must deploy combat troops to guarantee any ceasefire
 
 
 

Top Headlines from the International Editions

 
 
 
US credit spreads hit lowest level this century after sharp rally
 
Investors warn credit markets are ‘weirdly confident’ despite threats to global economy
 
 
Venture capitalist sues Christie’s over Picasso once owned by a criminal
 
Sasan Ghandehari claims he would not have bought £14.5mn work if auction house had disclosed the conviction
 
 
WEF clears Klaus Schwab of material wrongdoing
 
Davos forum names BlackRock’s Larry Fink as interim co-chair after whisteblower allegations rejected
 
 
Crypto group backed by Trump sons hunts for bitcoin companies in Asia
 
Donald Trump Jr and Eric Trump look to make inroads in region with enthusiasm for digital assets
 
 
Israelis reckon with growing global isolation
 
Backlash over Gaza war stokes fears from travellers to entrepreneurs that country is heading for pariah status
 
 
 

Markets

 
 
 
China’s corporate bonds win record share of top credit ratings
 
Beijing seeks to minimise domestic defaults but fears over credit quality persist
 
 
CoreWeave investors sell more than $1bn in shares as IPO lock-up ends
 
Director Jack Cogen offloads stake with an aggregate market value of about $300mn
 
 
Why wrangling risk at banks is so hard
 
It is still a struggle for management and regulators to get a clear view of what is really happening inside lenders
 
 
Directors’ Deals: London Stock Exchange directors see a chance to buy
 
Share price falls in wake of interim results
 
 
Jared Kushner’s Affinity to take 8% stake in UK lender OakNorth
 
Investment by firm founded by Donald Trump’s son-in-law comes as bank plans US push
 
 
 

Companies

 
 
 
Is AI hitting a wall?
 
OpenAI’s underwhelming new GPT-5 model suggests progress is slowing — and competition in the space is changing
 
 
Lip-Bu Tan, Intel CEO with Silicon Valley’s toughest turnaround job
 
He may have won over the deal-besotted Trump, but rebuilding America’s chip manufacturing prowess is a job few envy
 
 
Stockpickers: Tritax Big Box, Stelrad, Derwent London
 
Our experts discuss which companies to buy, sell or hold this week
 
 
UFC fans, including one in the White House, push its ascent
 
The once niche sport has reached the big time
 
 
The matcha shortage will keep this green gold rush in check
 
A poor harvest and fewer tea fields mean production cannot keep up with social media-driven demand
 
 
 

Opinion

 
 
 
Lost in translation
 
Even in the language app era there are benefits to learning a foreign tongue