Peter Mandelson arrested on suspicion of misconduct in public office

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lord Peter Mandelson has been arrested on suspicion of misconduct in public office following claims he leaked confidential UK government memos to Jeffrey Epstein. The Metropolitan Police launched a criminal investigation into the former cabinet … Read more

Mexico took down drug lord by tracking his girlfriend

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Mexico’s military intelligence followed a girlfriend of Nemesio “El Mencho” Oseguera to locate the cartel kingpin, who then died after a shootout with his security detail, officials said. Defence minister General Ricardo Trevilla … Read more

Behind Trump’s truce with China

Allies are trying to work out if the administration is pursuing a tactical détente related to rare earths or if it is placing less emphasis on security issues

US probably shed jobs last year, top Federal Reserve official says

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US employment probably fell in 2025, underscoring how the labour market weakened during the first year of Donald Trump’s second term, according to new projections by a top Federal Reserve official. Fed governor … Read more

UK warns tariff retaliation is an option if US reneges on trade deal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Downing Street has warned that “nothing is off the table” if the US reneges on a 10 per cent tariff deal struck with the UK last year and hits Britain with Donald Trump’s new 15 … Read more

Trump’s new interest in war will end badly

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world “We will measure our success not only by the battles we win, but also by the wars that we end — and perhaps most importantly, the wars we never get into.” That was … Read more

Blue Owl and private credit’s structural problem

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more

Novo Nordisk shares drop 10% after poor weight loss trial result

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Novo Nordisk has said a trial for its once-a-week weight loss injection has fallen short of its target, sending the Danish drugmaker’s shares 10 per cent lower on Monday.  The 84-week trial found that Novo’s … Read more

Dimon seeks to sell JPMorgan investors on $2bn-a-week costs bill

Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. Jamie Dimon will on Monday seek to persuade investors in JPMorgan Chase that spending $2bn a week is necessary to drive the bank’s future growth, having previously told shareholders to “trust him” that the investment … Read more