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Euro heads for eight-week losing streak as economy falters

Steady decline against dollar reflects growing gulf with more robust US performance

Germany’s industrial gloom deepens as production falls

US politics & policy

Saudi Arabia’s push for $100 oil poses new problem for Biden

Editor's picks

Motherhood is full of surprises — the economic ones sting the most

We must shape the AI tools that will in turn shape us

Top stories

UK’s Network Rail fined £6.7mn after fatal crash

Live

Markets Briefing. European industrial stocks slide on China slowdown worries

2 hours ago

Goldman Sachs Group

Goldman plans new job cull for bankers deemed underperformers

Cuts under annual ‘strategic resource assessment’ scheme expected to be at lower end of range

Apple issues emergency patch after Pegasus spyware breach

Tech company warned that iPhones and iPads were open to being targeted by state-level clients of Israeli group NSO

new

China workers reveal extent of iPhone curbs

3 hours ago

European gas prices soar as Australian workers begin strike

News of strikes at liquefied natural gas facilities stoke fears of global supply disruption

2 hours ago

Spotlight

Lunch with the FT. Nobel-winning novelist Abdulrazak Gurnah: ‘I had no other place to go’

The writer on the pull of Zanzibar, his disquiet at Britain’s treatment of refugees — and the problem with italics

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Novo Nordisk AS

Lars Fruergaard Jørgensen, the Novo Nordisk boss who dethroned Europe’s biggest company

Danish pharma chief is leading the expansion of blockbuster obesity drug that propelled shares to record high

updated

News

Biden pushes for bigger World Bank to combat China’s rising influence

US president seeks funding boost for multilateral lender as need to counter Beijing’s efforts becomes more urgent

Janet Yellen says China has ‘policy space’ to boost its economy

‘This is our soft power’: Modi hopes G20 summit will mark India’s ascent

National crowning risks being overshadowed by discord over Ukraine war and absence of Putin and Xi

2 hours ago

Europe Express. European leaders braced for tensions at G20 in India

Getir valuation slashed to $2.5bn as delivery start-up raises new cash

Istanbul-based grocery app company, which had been valued at nearly $12bn in early 2022, raises $500mn

Most read

Diageo loses first round of Diddy legal battle over tequila venture

New York court dismisses drinks giant’s bid to resolve dispute with rapper behind closed doors

1 hour ago

Electric vehicles

‘We have to fight’: Europe’s carmakers dig in against China’s EV incursion

Big names accept the need to sharpen their competitive edge as overseas rivals swamp the Munich motor show

Germany backs delay to EV tariffs in boost to Sunak

Manhattan’s private clubs thrive in a new Gilded Age

Aman and Casa Cruz are duelling for the title of New York’s most ostentatiously expensive haunts

Following the money behind Premier League betting sponsors | FT Film

The FT investigates the mystery owners behind gambling brands that sponsor top flight football clubs

US Capitol attack

Former Trump adviser Peter Navarro convicted on contempt charges

Jury finds ex-official failed to co-operate with investigation into January 6 attack on US Capitol

France aims to put on a show as Rugby World Cup kicks off

Ahead of the 2024 Olympics, officials strive to banish doubts over security following last year’s Champions League final

South Korean business & finance

South Korean film industry rocked by box office fraud allegations

Flourishing sector that won global acclaim beset by scandal over millions of forged cinema ticket sales

Pinault’s Artémis to buy majority stake in Hollywood talent agency CAA

Regulatory sheriffs await Robinhood’s latest UK foray

Meme stock platform faces hurdles to trading method behind US growth

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Opinion

Markets Insight. It’s no longer a given that China will become the world’s largest economy

Markets need to recognise that the country is not reverting to its old economic and financial playbook

Mohamed El-Erian

Vulnerabilities in the Treasuries market aren’t going away

Unease is rising — as are the extreme positions taken by hedge funds

Undercover Economist. A round of golf on a Wednesday afternoon? The new rules of WFH are up for debate

School chaos shows the price of Britain’s addiction to short-cuts

Camilla Cavendish

Unhedged. Robot stock analysts

Inside Business. Microsoft’s looming regulatory vulnerability

Negotiations between Russia and Ukraine would be a moral defeat

‘Edtech’ offers no escape from reality

More Opinion

Europe News

Ireland’s dairy farmers in crisis over EU nitrogen cap

Producers face having to cull cows or find more land after government says bloc’s decision will not be overturned

An ambitious timetable to deliver the world’s newest fighter jet

Climate regulation is driving support for populism, says EU parliament chief

Interview. European Investment Bank must take more risk, says Vestager

Europe weather disasters to push up insurance prices, warns Lloyd’s chief

Turkey’s economic revamp draws foreign investors back to its markets

Banks and investors step up opposition to EU derivatives plans

Podcasts

FT Weekend podcast. Best of: Why fine dining isn’t fine

25 min listen

FT News Briefing. Biden courts India at G20

10 min listen

Unhedged podcast. Big win for Big Crypto

16 min listen

Political Fix. The weight of the UK’s concrete crisis

27 min listen

FT Books Essay. Oh, Vienna: what Austria’s turmoil means for the west

Interview. Poet Lemn Sissay: ‘This is about how a family can turn against one of their own’

Review. The Secret Hours by Mick Herron — scheming and bungling before Slough House

Interview. Shania Twain: ‘Writing a novel is easier than writing a three-minute story that’s profound’

Review. Spies — Russia, China and the long intelligence war with the west

Video

Indian business & finance23 min

Gautam Adani: the billionaire vs the short seller

1447 hours ago

War in Ukraine27 min

Ukraine tech sector goes to war | FT Film

1064 hours ago

Sport10 min

Business of Football: Inside Barcelona Femeni | FT Scoreboard

1016 hours ago

Food & Drink14 min

Inside the UK ‘jungle farm’ that grows Thai vegetables | FT Food Revolution

367 hours ago

Highlights

The Big Read. Japan’s ispace: the unruly start-up that shot for the Moon and missed

The FT delves into the events that led to the crash of the Hakuto-R lander in April and uncovers a corporate culture described by some as ‘toxic’

The Big Read. How digital cash got caught up in the culture wars

Governments join race for commercial fusion power

Interview. Organised crime groups are hurting Latin America’s economy, says IMF

FT Series. Extreme renting: London’s bidding war escalates as rising rates hit buy-to-let

Dear Jonathan. Is a gap year after university a good idea?

The Big Read. Secret paper trail reveals hidden Adani investors

Technology

Unhedged. Robot stock analysts

They’re just like us!

Inside Business. Microsoft’s looming regulatory vulnerability

FT Alphaville. How valuable is the UK’s AI industry? Here’s one way to not find out

Apple stock hit by China worries ahead of iPhone 15 launch

UK scientists develop 10-minute blood test to diagnose diseases

Microsoft pledges legal protection for AI-generated copyright breaches

Carlyle explores £1bn sale of UK video games maker Jagex

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