Top headlines from across today’s paper
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FINANCIAL TIMES
Thursday, 26 June 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Morgan McSweeney: Labour’s election fixer under fire as welfare rebellion looms
 
Chief of staff to UK prime minister argues government needs to head off Nigel Farage by leaning to the right
 
 
Shell denies takeover talks with UK rival BP
 
Chief executive Wael Sawan has been focused on improving Shell’s financial performance and share buybacks
 
 
UK to focus new trade strategy on boosting services exports
 
Trade minister Douglas Alexander says policy will also involve strengthening anti-dumping defences amid Trump’s tariff war
 
 
Donald Trump changes tune on Volodymyr Zelenskyy and Putin
 
US president says Ukraine head is ‘very nice’ after their sideline chat at Nato summit, but is dismayed at Russian leader for not ending war
 
 
America’s retreat from the world stalls again
 
The bombing of Iran suggests that a global role is a hard thing to give up
 
 
 

Top Headlines from the International Editions

 
 
 
Hong Kong intervenes to defend currency peg
 
Monetary authority sells US dollars to maintain trading band for local currency
 
 
Meta wins artificial intelligence copyright case in blow to authors
 
Court finds using online books to train AI without writers’ consent is ‘fair use’
 
 
Donald Trump brands Zohran Mamdani a ‘100% Communist Lunatic’
 
US president says Democrats have crossed a line with 33-year-old’s victory in New York mayoral primary
 
 
Nvidia shares hit record high on renewed AI optimism
 
Chip designer claws back market losses from Donald Trump’s trade war and DeepSeek breakthrough
 
 
Federal Reserve unveils plans to reduce capital rules imposed after 2008 crisis
 
US central bank proposes lowering ‘supplementary leverage ratio’ after extensive industry lobbying
 
 
 

Markets

 
 
 
Czech arms maker slashes interest costs as investors pile into defence sector
 
CSG, which supplies ammunition to Ukraine, capitalises on rush of enthusiasm for industry with €1.8bn bond deal
 
 
Big Four firms fined in new exam cheating scandal
 
Dutch arms of Deloitte, PwC and EY pay total of $8.5mn after ‘hundreds’ of staff shared answers on internal tests
 
 
First ETF tracking ‘autocallable’ structured products launched in US
 
New fund underlines push to package up complex financial instruments in vehicles available to retail investors
 
 
The race for better batteries could charge up an unloved metal
 
Life has been tough for vanadium bulls, but now its potential use in batteries could add a new source of demand
 
 
Brussels set to disregard ECB warnings over stablecoin rules
 
European Commission poised to propose treating stablecoins issued outside bloc as interchangeable with EU versions
 
 
 

Companies

 
 
 
Amazon MGM Studios names Denis Villeneuve as next James Bond director
 
Appointment is first big decision after gaining full control of the franchise from Broccoli dynasty
 
 
Mediator puts forward $20mn Paramount settlement with Donald Trump
 
Legal battle comes as media group awaits approval from US administration for merger with Hollywood studio Skydance
 
 
Nearly ‘one child in every classroom’ is typically born using IVF in UK
 
Official data shows rise in single patients and female same-sex couples opting for assisted fertility treatments
 
 
NHS cyber attack led to patient death
 
Delayed blood test result contributed to person dying after 2024 ransomware attack
 
 
Asda sinks to £600mn loss as it struggles to regain ground
 
Private equity owned supermarket chain hit by writedowns and weak trading
 
 
 

Opinion

 
 
 
A fragile truce in the Middle East