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    US defence chief warns China against risky behaviour in Indo-Pacific

    Lloyd Austin calls for more engagement but Beijing blames Washington for breakdown in communication

    CIA chief made secret trip to China in bid to thaw relations
    opinion content. On Wall Street. Dimon’s Shanghai show points to broader chill in China
    Thomas Hale
    Saudi Arabia
    Saudi Arabia’s ‘prickly prince’ of oil bristles as crude price slides
    Editor's picks
    opinion content. FT Magazine. Trump or not, US meltdown could be inevitable
    Gillian Tett
    opinion content. Management 101: don’t drain a reservoir to find your phone
    Anjli Raval

    Top stories

    India
    Train crash in India kills more than 260 people

    Investigation under way into cause of country’s deadliest rail accident in decades

    War in Ukraine
    Indonesia floats Ukraine peace plan, triggering sharp western criticism

    Divergent responses to proposal illustrate deep divides between US, Europe and global south over the conflict

    Virtual and Augmented Reality
    Virtual reality start-ups pin hopes on Apple to lure back funding

    Frenzy over iPhone maker’s longed-for launch of mixed reality headset has reached ‘fever pitch’

    AI ripe to shake up private banking, says Israeli entrepreneur
    Charts that Matter. Handful of tech stocks drive diverging measures of S&P 500 performance

    Equal weight version of index slips into negative territory even though benchmark is up 9.5 per cent this year

    Spotlight

    US interest rates
    Hot jobs market piles pressure on Fed to raise rates later this summer

    The US central bank is expected to skip an increase this month but keep the door open to further tightening

    The Weekend Essay. Cristiano Ronaldo vs Lionel Messi: who was the greatest footballer?

    As their ‘beautiful rivalry’ comes to an end, which of these sporting superstars emerges the winner?

    BEST OF FTWEEKEND

    Theatre
    HTSI. The reinvention of Lily Allen

    How the pop princess survived success, and then found it all over again

    opinion content. The frictionless life goes on
    Janan Ganesh
    Life & Arts
    Lunch with the FT. Sci-fi writer Ted Chiang: ‘The machines we have now are not conscious’

    The visionary author on the limits of AI, the uses of science fiction — and why there’s a ‘market opportunity for volleyballs’

    opinion content. Kylie and the key to pop immortality
    Jo Ellison
    North American prime property
    ‘It’s the opposite of last year’: the Hamptons’ shifting property market

    As the pandemic-era buying boom abates, the old seasonal pattern may be returning to New York’s favourite getaway

    FT Magazine. Porsche, Bentley, Armani: Why Miami can’t build enough branded high rises

    Most read

    1. CIA chief made secret trip to China in bid to thaw relations
    2. Russian concerns on Ukraine must ‘be taken into account’, says Brazil
    3. Saudi Arabia’s ‘prickly prince’ of oil bristles as crude price slides
    4. US Senate passes bill to end debt ceiling stand-off and avoid default
    5. AI will create ‘more losers than winners’ even as Nvidia soars

    NEWS

    Geopolitics
    US and UAE endorse security partnership despite frustrations

    Countries’ national security advisers met days after Gulf state revealed it has left American-led multinational naval task force

    West resumes talks over how to deal with Iran nuclear crisis
    Pollution
    Nations split on how to cut plastic pollution after week of UN talks

    US, Russia and China want a voluntary system in which countries establish their own rules

    Cryptocurrencies
    ‘There needs to be a health warning’: How crypto trading can lead to addiction

    Debate over whether sector should come under scope of financial services or be treated like gambling

    Israel
    Three Israeli soldiers shot dead on Egyptian border

    Egyptian assailant was killed after Israeli military went in search of comrades

    Harald zur Hausen
    Obituary. Harald zur Hausen, virologist, 1936-2023

    Nobel Prize winner who discovered the cause of cervical cancer in humans

    Football
    Six Glazer siblings could retain Manchester United stakes under Ratcliffe offer

    Billionaire seeks enough B shares to take control in a years-long phased takeover of club

    opinion content. Premier League’s pay-TV model is on borrowed time
    Josh Noble
    Airlines
    Airline orders point to resurgent post-pandemic travel demand

    Airbus and Boeing struggle to meet delivery targets amid a shortage of components

    EU business regulation
    EU relaxes antitrust guidelines on green initiatives

    Companies can team up in cartel-like coalitions if they make up a fifth of a market or less

    Climate Capital. Biodiversity rises up business risk agenda as species decline worsens

    Opinion

    US News

    US Senate passes bill to end debt ceiling stand-off and avoid default

    Legislation heads to Biden for his signature just four days before Treasury deadline

    US economy defies expectations of slowdown to add 339,000 jobs in May
    Musk and Dimon lead corporate charge to Beijing as ties with US fray
    ‘People rot from the inside out’: lethal xylazine deepens the US drug crisis
    US-China tensions have upended global order, Jamie Dimon warns
    Loan market braced for rush to Libor finish line
    Top Fed official sees no ‘compelling’ reason to wait for fresh rate rise

    More US News

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    Podcasts

    FT News Briefing. Martin Wolf on saving democratic capitalism: the ‘democratic recession’
    43 min listen
    Political Fix. The Boris Johnson WhatsApp psychodrama
    32 min listen
    FT Weekend podcast. The gangs risking their lives for copper in South Africa
    22 min listen
    Rachman Review. Is the Ukraine war reaching a turning point?
    17 min listen

    Life & Arts

    Style
    The laid-back charm of octogenarian style
    Travel
    Postcard from France: denim returns to Nîmes
    Visual Arts
    HTSI. The short life and many loves of Stephen Tomlin
    South Africa finds Pinot’s sweet spot
    Books
    Review. The best books of the week

    Video

    Hillary Clinton52 min
    video content. Hillary Clinton on China, Putin and the threat to US democracy
    Italian politics19 min
    video content. Italian companies suffer Russia market loss | FT Film
    US manufacturing29 min
    video content. Why 3D printing is vital to success of US manufacturing | FT Film
    World36 min
    video content. North Korea and the triads: gangsters, ghost ships and spies | FT Film

    Highlights

    ‘Stream’ and ‘Torch’: the Gazprom-backed militias fighting in Ukraine

    Russia’s state gas company has recruited, equipped and paid security guards to join the invasion

    Throwaway Britain: what happens to our old tech?
    opinion content. We should stop worshipping at the altar of convenience
    Jemima Kelly
    Saudi crown prince turns to ‘state capitalism’ after change in the guard
    The music industry legend who spotted gold in Rick Astley
    UK’s top private equity executives take home £2.7bn in carried interest
    Rocket Internet backs away from start-up investing in tech downturn

    More highlights

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    Markets News

    markets content. Market report. Hong Kong equities rally driven by internet stocks

    Sudden upswing for the Hang Seng index marks best day for the gauge since early March

    markets content. Markets Briefing. Wall Street stocks rally after jobs data point to robust US economy
    UK’s pension lifeboat fund slashes equity allocation
    Binance loses market share after regulatory clampdown
    markets content. Markets Briefing. US stocks hit 9-month high on optimism over debt ceiling deal
    Resilient US junk bond market baffles investors
    Loan market braced for rush to Libor finish line

    More markets news

    Technology

    More than 400 Grail patients incorrectly told they may have cancer

    Error prompts life assurance customers to pause or review relationship with early detection biotech

    opinion content. AI has given Palantir its mystique back
    Elaine Moore
    Facebook to block news for some users in Canada
    Rocket Internet backs away from start-up investing in tech downturn
    AI will create ‘more losers than winners’ even as Nvidia soars
    opinion content. Undercover Economist. Will ChatGPT be Homer Simpson’s salvation?
    Tim Harford
    opinion content. Lex. CrowdStrike: slowing growth makes for cyber insecurity

    More technology

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