Stay informed with free updates Simply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox. German arms company Rheinmetall plans to return more than half a billion euros to shareholders this year as investors reap the rewards of surging European defence spending. The Düsseldorf-based maker of tanks and artillery … Read more
Lord Peter Mandelson demanded £547,000 as compensation for his sacking as UK ambassador to the US last September, according to the first tranche of documents related to the disgraced peer’s appointment. The documents, released on Wednesday, show Mandelson asked for his full salary to be paid out after he was sacked over, his friendship with … Read more
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After thousands were killed in a brutal crackdown on anti-regime protests in Iran in January, Mandana gave up hope for reform from within. She came to the conclusion that the Islamic republic’s leaders had to go even if it meant US and Israeli-led regime change. So when the two countries attacked the compound of supreme … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The first tranche of documents relating to the disgraced peer Lord Peter Mandelson’s appointment as UK ambassador to the US will be released by the government on Wednesday. Ministers, advisers and civil servants have for … Read more
Western defence companies and governments are redoubling their efforts to bring lower-cost weapons against cheap drones and missiles to the battlefield in the wake of Iranian attacks in the Gulf. The race to find new ways of intercepting attack drones started in earnest after Russia’s full-scale invasion of Ukraine four years ago. Expensive systems designed … Read more
To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor’s Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog
Vladimir Putin endorses plan drawn up by Russian consultancy that is under western sanctions
A surge in the price of sulphur has highlighted how the effects of the Iran war are spreading far beyond energy markets to hit wider supply chains. Shipping has been virtually halted through the Strait of Hormuz, choking off supplies of the byproduct of oil and gas refining that, while a niche commodity, is vital … Read more