Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lego’s chief executive has lambasted Danish Prime Minister Mette Frederiksen’s wealth tax proposal, arguing it would hurt the rich Scandinavian country significantly. Niels Christiansen, head of the world’s largest toymaker, told the FT that the … Read more
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The manner in which Iran’s supreme leader Ayatollah Ali Khamenei was killed by the US and Israel — at work in his office with family members present — evoked for Mikaeel Dayani one of the central stories of Shia Islam: the martyrdom of Imam Hussein, the third imam and grandson of the Prophet Mohammed. Dayani, … Read more
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Plans to release hundreds of millions of barrels of crude from emergency stockpiles are unlikely to calm volatile crude prices for long if the conflict in the Gulf continues, oil market watchers have warned. Finance ministers from the G7 said on Monday they were ready to “take necessary measures” and that talks would continue on … Read more
Meta’s former chief AI scientist launches AMI Labs with backing from Nvidia, Temasek and Jeff Bezos
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asian and European buyers are battling to source liquefied natural gas after the war in the Middle East choked off shipments through the Strait of Hormuz, blocking a fifth of global supplies. In an indication … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A US waiver allowing India to buy Russian oil that is already at sea will bring immediate but very limited relief to Indian refiners facing a supply shock in the Middle East, which … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump said the US war against Iran would end “very soon” as he sought to calm chaotic trading in the oil market that had sent prices spiralling to their highest in four … Read more
Donald Trump repeated his suggestion that the US’s war against Iran was “complete” and predicted the conflict would end “very soon”. “We’re achieving major strides toward completing our military objective, and some people could say, they’re pretty well complete,” Trump told reporters at his Doral golf course on Monday. Trump, who described the war against … Read more