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Apple, keep your cool over global tax

Margrethe Vestager has made an audacious and revolutionary move, but that was Steve Jobs’s style too

James Ferguson Illustration

Capitalism and democracy under strain

To maintain legitimacy, economic policy must seek to promote the interests of the many not the few

Juan Gabriel and Mexico Trump never knew

Notebook: The late singer was a symbol of border the US candidate wants to block, writes Jude Webber

‘Decapitating’ Isis will not kill it

The death of Abu Muhammad al-Adnani may not halt the progress of Isis, writes William Wallis

May’s Victorian inspiration is outdated

Like Brexiters, Chamberlain wanted to take back control after decades of free trade, writes Giles Wilkes

The Fed and Buridan’s ass

Monetary policymakers cannot make up their minds

Regulators right to police celebrity posts

The line between what the famous like and are paid to like is becoming blurred, writes Michael Skapinker

FT Editorial

China turns away from the market

Mergers between state-owned enterprises have little business logic, writes Jingzhou Tao

Kurds’ dream looks as distant as ever

Kurdish people are unlikely to gain autonomy from turmoil in the Middle East

Dangers ratchet up for Swiss watch industry

Threat to cheaper products from smartwatches cannot be ignored

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