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Saudi Arabia seeks to boost oil price with output cut of 1mn barrels a day

Opec+ members agree new deal which will reduce quotas for weaker African states

2 hours ago

Saudi Arabia’s ‘prickly prince’ of oil bristles as crude price slides

US presidential election 2024

Ron DeSantis works to soften his image on the campaign trail

Editor's picks

We need to keep CEOs away from AI regulation

Europe’s new success stories are built on high luxury, not high tech

Top stories

US-China relations

China rebukes west over military moves after close call in Taiwan Strait

Defence minister slams ‘navigational hegemony’ in warning that highlights growing risk of unintended conflict in Asia

China set to account for less than half of US’s low-cost imports from Asia

Middle Eastern politics

Turkey’s new finance minister pledges return to ‘rational’ economic policy

Mehmet Şimşek signals intention to move away from unorthodox strategy that has fuelled crisis

India blames train crash on signal failure as death toll nears 300

Narendra Modi vows to punish those responsible while opposition slams lack of rail investment

Adani and Total bet on India’s LNG recovery

Hollywood directors avert strike after reaching contract deal with studios

Agreement on AI and streaming royalties comes as industrial action by writers stretches into its second month

2 hours ago

US cancer drug shortage forces doctors to ration life-saving treatments

Spotlight

The Big Read. Orlen: is Poland’s energy giant a tool of the government?

The oil and gas company and its chief executive are at the centre of a debate over political influence on the economy

AstraZeneca PLC

AstraZeneca defies geopolitics to bet on China

Drugmaker seeks opportunities due to ageing population and burgeoning biotech industry

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Enzo Enea’s friendship with his Cistercian landladies has helped establish a Swiss ‘Tree Museum’ – and inspired an installation at this year’s Art Basel

FT Magazine. Cindy Sherman: ‘This is how I look, I guess’

HTSI. The reinvention of Lily Allen

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

Kylie and the key to pop immortality

The many perils — and occasional pleasure — of owning a vineyard

It may be ‘the most beautiful job in the world’ — but it can be financially ruinous

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NEWS

Polish opposition leads huge pro-democracy protests in Warsaw

Critics believe commission ostensibly set up to probe pro-Russian politicians is targeting opposition leader

Alexis Tsipras: Greece’s leftist firebrand runs out of steam

UBS considers delaying results after Credit Suisse rescue deal

Pushing second-quarter results until the end of August would buy the bank time to work through complex takeover

Sony chief warns technical problems persist for cloud gaming

Promise of technology remains unfulfilled after more than a decade of development

Japan inflation will drive savers back to the stock market, says exchange chief

Work-life balance

Can a virtual PA turbocharge your career?

Services that take on the boring family admin claim they free up more headspace for professional endeavours. Emma Jacobs tried it out

Visual and data journalism

Datawatch. Spending on oil and gas dividends hits 15-year high

Other charts of the week: global semiconductor investment, ageing populations, COP climate summit and how the cost of living crisis is hitting US medical care

Three Israeli soldiers shot dead on Egyptian border

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

Venezuela’s Maduro sidesteps US pressure to bask in regional limelight

Latin American leaders’ embrace of authoritarian president curtails west’s ability to press for free and fair elections

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’

Opinion

The world’s trading system needs to ditch its paper trail

Allowing trade to be digitalised will massively improve efficiency and offer economic gains

Chris Southworth

Ukraine’s rapid reconstruction will be in Europe’s own interest

Postwar planning should focus on making the country a hub of the continent’s green transition

The dismal truth about email

Lex. Mental health apps: the AI therapist cannot see you now

The FT View. How to make Britain’s pensions assets work harder

The editorial board

Management 101: don’t drain a reservoir to find your phone

On Wall Street. Dimon’s Shanghai show points to broader chill in China

Every big business needs its own Chief Political Officer

Camilla Cavendish

More Opinion

US News

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

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

Musk and Dimon lead corporate charge to Beijing as ties with US fray

CIA chief made secret trip to China in bid to thaw relations

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

West resumes talks over how to deal with Iran nuclear crisis

‘People rot from the inside out’: lethal xylazine deepens the US drug crisis

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

UK prime property

Not so far from the madding crowd: Dorset’s homebuying allure

The Aesthete. Design pioneer Gaetano Pesce talks taste

Travelista. Best of the Balearics – new hotels to book now

Review. Six films to watch this week

Composer Cassandra Miller: ‘People only really write music for their friends, right?’

Video

Hillary Clinton52 min

Hillary Clinton on China, Putin and the threat to US democracy

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Italian politics19 min

Italian companies suffer Russia market loss | FT Film

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US manufacturing29 min

Why 3D printing is vital to success of US manufacturing | FT Film

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World36 min

North Korea and the triads: gangsters, ghost ships and spies | FT Film

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Highlights

The Week Ahead. Apple set to launch ‘mixed reality’ headset

Plus, Pence launches presidential campaign, a crunch CBI vote on reform and CRH shareholders decide whether to list in New York

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

Throwaway Britain: what happens to our old tech?

We should stop worshipping at the altar of convenience

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

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