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US-China relations

China sharply rebukes US over decision to shoot down spy balloon

Navy begins recovery operation on wreckage of craft that drifted over country for a week

updated

How the spy balloon popped a US-China rapprochement

Explainer. How much of a threat are Chinese spy balloons?

US-China relations

Violent end to spy balloon flight dashes chance of US-China reset

Editor's picks

The sheikh’s empire driving Abu Dhabi’s meteoric stock market rise

The case for a land value tax is overwhelming

Top stories

Ukraine prepares for renewed Russian offensive

Warnings multiply of Kremlin’s plans for imminent attack in eastern Donbas region

3 hours ago

A problem of logistics: is the US sending Ukraine the wrong tank?

Iran agrees to pardon ‘tens of thousands’ of prisoners

Regime has been rocked by sustained period of civil unrest that erupted after death of woman in custody

Adani ditched Big Four auditor for UK subsidiaries

Indian conglomerate’s accounting practices have drawn scrutiny after short-selling report

Indian authorities seek to calm investors after Adani sell-off

Former Pakistan military ruler Pervez Musharraf dies

General led country through aftermath of 9/11 attacks

Obituary. Pervez Musharraf, president of Pakistan, 1943 — 2023

Spotlight

The Big Read. Can the pioneer of blockchain gaming survive the crypto winter?

Yat Siu has become the pre-eminent investor in this hyped field. But as well as the slump in crypto assets, he faces questions from regulators

2 hours ago

Apple blundered when it killed off Dark Sky

Doing away with a much-loved weather app has caused an understandable outcry

BEST OF FT WEEKEND

Lunch with the FT. Rugby superstar Siya Kolisi: ‘I’ve got no ego at all’

The first black captain of the Springboks on winning the Rugby World Cup, the art of leadership — and why it is vital to know what you don’t know

The worst airport in the world

FT Magazine. Memo to staff: dress fabulously

Do we want our lawyers to ‘express themselves to the full’?

Robert Shrimsley

Don’t knock romance novels — they’re big business

The Weekend Essay. Germany grapples with the limits of pacifism

As an adaptation of ‘All Quiet on the Western Front’ is tipped for Oscars, the country’s long antiwar tradition is being tested by Russian aggression

The Premier League is global because it is local

Most read

NEWS

Big Tech companies use cloud computing arms to pursue alliances with AI groups

Deals between Google, Microsoft and Amazon and ‘generative AI’ start-ups raise competition concerns

European manufacturing

France and Germany set to push back against US green tech poaching

Bruno Le Maire and Robert Habeck prepare to meet US officials amid tensions over subsidies

US companies say EU climate goals are deterring new gas deals

Datawatch. SpaceX rockets power record number of satellite launches

Other charts of the week: European clean energy, Russia’s fuel earnings, aid to Ukraine and parental leave for fathers

Investors pile into market rally as economic slowdown risk ebbs

Improving outlook boosts demand for riskier assets as ‘fear of missing out’ returns

US blue-chips set for first profit drop since Covid crisis

Electric vehicles

Electric vehicles defy price war after Ford and Tesla discounts

GM, Volkswagen, Hyundai and Kia decline to follow competitors as customer demand persists

Baillie Gifford & Co

Baillie Gifford sheds more than £100bn in assets in 2022

Growth investor suffers as interest rates rises prompt sell-off in tech stocks

How to Lead. Barclays chief: the life lessons I have discovered during cancer treatment

CS Venkatakrishnan gives his personal account of leading the bank while undergoing care for non-Hodgkin lymphoma

Why some women are ditching Big Law for smaller firms

Searching for a better work-life balance after pandemic lockdowns is one factor driving the shift

Opinion

A bipolar currency regime will replace the dollar’s exorbitant privilege

The greenback is bound sooner or later to feel the effects of intensifying geopolitical rivalry between the US and China

Nouriel Roubini

The FT View. Pakistan is on the brink

Stark choices face the nuclear power and its creditors if it is to avoid default

The editorial board

Death and Japan’s nuclear shelter salesman

Lex. Olive oil: crushed supply may be here to stay

Lex. US bookstores: a novel resurgence

On Wall Street. How Goldman can regain its swagger

Marie Kondo’s epiphany proves there is no magic in clinical tidiness

Cordelia Jenkins

Tempting back older workers means ditching business as usual

Camilla Cavendish

More Opinion

US News

US jobs total surges by over half a million in January

Labour market’s resilience leads to bond sell-off as investors reassess Fed’s interest rate stance

Big Tech groups disclose $10bn in charges from job culls and cost cutting

Billionaire Disney insider becomes pivotal figure in Peltz’s proxy fight

Madison Square Garden owner battles outcry over ‘dystopian’ blacklisting

EY considers handing retired US partners cut of proceeds from spin-off

Ford to return to Formula 1 with Red Bull deal after two-decade absence

Carlyle courts ex-Goldman executive Harvey Schwartz for CEO

Podcasts

Payne's Politics. Rishi Sunak’s first 100 days

29 min listen

FT Weekend podcast. ‘Tomorrow, and Tomorrow, and Tomorrow’ author Gabrielle Zevin

25 min listen

Rachman Review. How to fix our flawed democracies

25 min listen

Behind the Money. What’s behind the job cuts in Big Tech?

20 min listen

HTSI. La Bayadère boys

Let’s celebrate Alice Neel as a painter of clothes — as well as people

Interview. Composer Anna Clyne: ‘Music with melody connects with something very deeply rooted in us’

My downshift to deepest Spain

Review. The best books of the week

Video

FT Standpoint14 min

Capture: who's looking after the children? | FT Film

87 hours ago

Moral Money28 min

Fusion power: how close are we? | FT Film

495 hours ago

Scoreboard14 min

How India can revolutionise women's cricket | FT Scoreboard

759 hours ago

Fractured markets: the big threats to the financial system

1167 hours ago

Highlights

Capture: who's looking after the children? | FT Film

An FT drama starring Jodie Whittaker looks at online harm, regulation and responsibility

‘Extreme leverage’? Adani’s debt-driven expansion under scrutiny

How arming Ukraine is stretching the US defence industry

Boeing delivers last 747, a jumbo jet that ‘shrank the world’

Beware the great battery industry fallacy

How First Abu Dhabi Bank pursued Standard Chartered and ‘opened Pandora’s box’

Why Nissan and Renault’s attempt to reset alliance might herald divorce

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