Gilts rally after Starmer says Reeves to remain chancellor for ‘a long time’
Move partially reverses sell-off prompted by investor fears chancellor would be sacked after emotional PMQs appearance
Trump’s tax bill moves ahead as House rebels back down
Legislation’s deep healthcare cuts and implications for national debt spook parts of US president’s Republican party
Four charged over RAF Brize Norton break-in
Damage to military aircraft prompted security review across UK military bases
South Korea doubts it will hit Trump deadline for trade deal
President Lee Jae Myung says Seoul is ‘doing its utmost’ to secure an agreement
Toyota Industries’ $33bn take-private deal attacked as ‘study in opacity’
Corporate governance group says transaction ‘risks squandering’ Japan’s efforts to improve shareholder protection
Are we rallying, or overcorrecting?
Plus car sales
Denmark is ‘sure’ EU will negotiate a ‘good’ US trade deal as deadline nears
Also in this newsletter: European parliament gears up for no-confidence vote in von der Leyen
Are bigger AI models better stock pickers? Maybe, but probably not
Complexity ain’t all that, wonks say
FTAV further reading
Bonds; conversations; FT; Tampa pensions; crypto scams; financial repression; counting
Chip software makers say US restrictions on sales to China lifted
Washington had limited exports of semiconductor design software in tit-for-tat over trade talks
The Business of Formula 1
As the sport turns 75, the FT looks at how the technology and design of the cars have changed. Plus Lando Norris on why the battle with his teammate Oscar Piastri is pushing him to new heights and female drivers have motorsports inequality in their sights
Can Volkswagen reinvent itself for the electric era? | FT Film
Europe’s largest carmaker battles with fierce competition in China and Donald Trump’s tariff war
Transcript: Is the US heading for a debt crisis?
Gideon Rachman talks to Bridgewater Associates founder Ray Dalio
Private equity’s clash of the titans
Plus, Thiel-backed bros launch rival to Silicon Valley Bank and venture capital tries conglomerates
Japan’s great unsticking has begun
The end of the zero-interest era is unleashing competition in the banking sector and changes in saver and investor behaviour
Meta’s AI climate tool raised false hope of CO₂ removal, scientists say
Big Tech group accused of using inaccurate data in effort to identify materials that can attract carbon dioxide from the air
Irish debt mogul Coulson insists on $300mn to walk away from Ardagh
Entrepreneur’s packaging group in restructuring talks over $10bn debt pile built up in cheap money era
Copper prices surge as traders rush to beat Trump tariffs
Hunt for scarce supplies threatens to create a ‘short squeeze’, pushing prices even higher, warn analysts
Reform of Companies House to be shelved over prospect of adding to red tape
Ministers reversing plans for revamp of UK financial reporting to avoid increasing bureaucratic burden on small enterprises
European CEOs urge Brussels to halt landmark AI Act
The heads of Airbus and BNP Paribas join intense lobbying effort against new regulations
How hopeful can we be about AI climate tech?
Results that look great in a lab sometimes struggle in real life
Poland’s clean energy usage overtakes coal for first time
Latest data indicates progress for EU country most dependent on the fossil fuel
Starmer’s next fight with his MPs: special needs funding in schools
Charities say ministers must learn lessons of welfare fiasco
How to wear white crew socks off the court
Whether worn scrunched down like Arthur Ashe or out to dinner, this everyday accessory is gaining traction