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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Russia’s rouble has plummeted to its lowest rate against the dollar since the first weeks of its full-scale invasion of Ukraine, as the currency felt the bite of new US sanctions against Gazprombank.

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s plan to slap punitive tariffs on Canadian imports will drive up prices for American motorists, oil producers warned, as the US president-elect’s threats hit global markets. Trump proposed late on Monday

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Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Stellantis blamed the UK’s electric vehicle sales rules as it announced plans to shut its historic van factory in Luton, putting about 1,100 jobs at risk. The owner of Vauxhall and Peugeot on Tuesday said Britain’s

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. A North Korean general was injured and several officers sent by Pyongyang to Russia’s Kursk region were killed last week when Ukraine launched British-supplied Storm Shadow missiles at a Russian command centre, according to

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Mexico’s president Claudia Sheinbaum hinted at retaliation over US president-elect Donald Trump’s proposed tariffs on her nation’s exports on Tuesday as the peso slid against the dollar. Trump vowed on Monday night to

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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Senior bankers in the UK will receive their bonuses faster and fewer will have to wait several years to receive their payouts under plans set out by the Bank of England on Tuesday. The proposals,

Elon Musk’s Neuralink received approval to launch a new feasibility trial using its brain implant and an investigational assistive robotic arm, the brain-chip startup said in a post on X on Monday. Neuralink is conducting its PRIME study, aimed at evaluating the safety of its wireless brain-computer interface and surgical robot. It is assessing the

Walmart is making a slate of changes to its diversity, equity and inclusion (DEI) policies, becoming the latest in a growing list of major corporations to halt the so-called “woke” initiatives. Anti-woke activist and filmmaker Robby Starbuck, who has been leading a campaign exposing major corporations’ woke policies, said on X on Monday that he warned Walmart

The Dow Jones Industrial Average jumped 440 points to a record close on Monday after President-elect Donald Trumps pick for Treasury secretary, Scott Bessent, laid out his priorities including tax cuts. In his first interview as Treasury nominee with The Wall Street Journal, Bessent said he will also focus on imposing tariffs, cutting spending and

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Fascist leaders tend to lust after other countries’ territory. By that measure Donald Trump is not a fascist. One of his most enduring appeals to the Maga base has been his rhetoric against

The UK public spending watchdog has refused to sign off the government’s overarching public sector accounts for the first time because of the huge number of local authorities that failed to provide audited accounts. The National Audit Office said it had taken the unprecedented step after just 10 per cent of England’s 426 local authorities

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief economist of the International Center for Law & Economics and writes the Economic Forces blog Donald Trump has promised a renewed push for tariffs when he returns to the White House.

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Last summer, I travelled through the pine forests of northern Sweden to a place called Skellefteå on the fringe of the Arctic Circle. I had managed to book the last room available in a pretty

When Angela Merkel met Donald Trump in 2017, reporters gathered in the Oval Office witnessed the bizarre spectacle of the US president refusing to shake the German chancellor’s hand. Even after Merkel quietly suggested they do so, for the cameras, Trump ignored her. She instantly regretted saying anything. “I had acted as though I were

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK stocks are set to outpace their European peers, according to some of Wall Street’s biggest institutions, with the London market viewed as better placed to weather the fallout from US president-elect Donald Trump’s plans