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World Economic Forum

Lagarde discussed leaving ECB early to head WEF, says Schwab

Ousted Davos founder says central bank chief has been in talks to depart before her term ends in 2027

Chinese business & finance

The Big Read. The lessons from China’s dominance in manufacturing

Editor's picks

The myth of Maga’s isolationism

Should ordinary US retirement accounts be investing in private assets?

TOP STORIES

Musk criticises Trump’s ‘big, beautiful’ tax bill

Billionaire’s comments are strongest rebuke of US president’s agenda yet

SpaceX Starship rocket fails to deploy satellites and explodes on re-entry

McKinsey sheds 10% of staff in 2-year profitability drive

Shrinking headcount at consultancy firm contrasts with increased hiring at rival BCG

Bitcoin price surge encourages more companies to acquire crypto

Many digital asset firms are trying to emulate software group Strategy’s success

1 hour ago

Lex. When bitcoin is the business model, investors should beware

European economy

European homeowners face rising mortgage costs until 2030

Many fixed-rate loans taken out in era of low and negative interest rates are now coming to an end, the ECB warns

3 hours ago

Spotlight

Russian economy

Putin’s war economy is cooling, but Russians still feel richer

Salary growth for new hires is slowing, according to a FT analysis, yet not enough to shift views on the war

South Korea politics & policy

‘Anti-feminist’ candidate woos young voters in South Korean poll

Ruling party calls for unity as they seek to challenge leftwing frontrunner

News

Canadian politics

Trump offers Canada free ‘Golden Dome’ defence protection if it gives up sovereignty

US president says defence shield will cost its northern neighbour $61bn if it does not become 51st state

King Charles hails Canada’s ‘freedom’ in show of support against Trump

Prague blames Beijing for cyber attack on foreign ministry

Czech government says ‘malicious’ assault mounted by group linked to Beijing’s state security ministry

1 hour ago

Germany to help Ukraine produce long-range missiles

Move is ‘first step’ towards joint production of weapons able to strike targets in Russian territory

1 hour ago

Most read

Heathrow Airport Holdings Ltd

Heathrow chief out of reach during shutdown as phone was on silent, says report

Thomas Woldbye expresses ‘deep regret’ at being uncontactable, leaving his deputy to take decisions

2 hours ago

Brazilian airline Azul files for Chapter 11 bankruptcy protection

2 hours ago

EU warns Spain against blocking BBVA-Sabadell deal

Spanish government referred hostile banking bid for full cabinet review

Maga campaign in Europe tested by Poland’s knife-edge election

Rightwing populists aligned with Donald Trump target presidential race after narrow loss in Romania

3 hours ago

Israel-Hamas war

US contractor hires obscure Gaza group for aid rollout after local snubs

Private military company agrees deal with little-known firm to provide Palestinians to staff controversial centres

Desperate Gazans overwhelm aid hub run by US-backed group

US universities

US vows to use ‘every tool’ in crackdown on international students

Trump administration moves to slow applications amid deepening stand-off with universities

US government will not renew Chevron’s Venezuela oil licence

North America holidays

FT Globetrotter. Totally hooked: fly fishing in the Catskills

Scrambling through the ravines of upstate New York in pursuit of trout has become a bonding pursuit for father and son

Stellantis names North America head Antonio Filosa as CEO

Owner of Peugeot and Fiat brands picks internal candidate to succeed Carlos Tavares

CEO churn rate at carmakers rises amid EV shift, tariffs and Chinese competition

US politics & policy

NPR sues Trump administration over order to defund public broadcasters

Public radio network claims the White House’s move was ‘textbook retaliation’

Opinion

Finance is ready for a blockchain reset

This is not about replacing national currencies or eliminating banks but creating interoperable new infrastructure

Outlook. The political problem of Polish spirits

Poland is not Europe’s heaviest-drinking nation but it ranks second for alcohol-related deaths

Curiosity underlies a breakthrough in rare disease

Business Insight. BYD’s aggressive push is setting baseline for what an EV should cost

Markets Insight. Stablecoins and monetary sovereignty: the ball is in Europe’s court

Ignazio Angeloni

America’s rising ‘moron premium’

The true cost of arbitrary detention

The FT View. Nigeria’s shock therapy

The editorial board

More Opinion

US News

Trump warns Putin he is ‘playing with fire’ in Ukraine

Possible additional sanctions on Moscow gain support in Washington as frustration over war grows

US stocks jump as Trump touts ‘positive’ progress on EU trade talks

‘Sword of Damocles’: Trump’s Harvard attacks leave students anxious

Nike welcomes Dick’s Foot Locker deal as its grip on retailers weakens

SoftBank founder Son floats idea of US-Japan sovereign wealth fund

Trump’s new remittance tax leaves migrants loopholes

DR Congo eyes US minerals deal tied to peace in rebel-hit east by end of June

Podcasts

Swamp Notes podcast. Trump’s next 100 days

24 min listen

FT News Briefing. Rio Tinto’s surprise CEO hunt

10 min listen

Unhedged Podcast. The ‘big beautiful’ budget vs the bond market

22 min listen

The Economics Show. What does China want from the US? With Jay Shambaugh

30 min listen

Alan Yentob showed what arts programming could be

Celibate chic: why do we continue to fetishise Shaker design?

Review. Flamenco star Sara Baras shows off her magnificent skills

FT Magazine. The only cake recipe you’ll ever need — with options and embellishments

Review. I Found Myself . . . The Last Dreams by Naguib Mahfouz — reveries from Cairo

Video

20 min

Japan's population crisis reaches tipping point | FT Film

136 hours ago

Michael Saylor's $40bn bitcoin bet | FT Film

347 hours ago

Brexit50 min

Peter Mandelson: 'We're all engaged in a strategic rivalry with China' | FT

386 hours ago

Interview50 min

Steve Bannon: 'President Trump will serve a third term' | FT

386 hours ago

Highlights

SoftBank founder Son floats idea of US-Japan sovereign wealth fund

Washington and Tokyo discuss possibility of fund that would make large-scale US tech and infrastructure investments

Trump and the tortured history of South Africa’s land

Inside China’s ‘stolen iPhone building’

How Heineken tapped into China’s beer market

Patient data could power the NHS. Much of it is still stuck on paper

The great Syrian gold hunt

The Big Read. Total’s risky bet on a natural gas megaproject in southern Africa

Technology

Finance is ready for a blockchain reset

This is not about replacing national currencies or eliminating banks but creating interoperable new infrastructure

Lex. Data centres remain troublingly reliant on Chinese lithium

3 hours ago

Saudi Arabia seeks to use financial might to muscle into global AI industry

FT Collections. Tech Exchange

Interview. Luther Lowe of Y Combinator: ‘It’s really important to fight for Little Tech’

UK fraud ‘blight’ prompts calls for action to protect consumers

Nvidia’s suppliers resolve AI rack issues in boost to sales

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