Today In The Markets

Vladimir Putin has ordered Russia’s military to rehearse the use of so-called tactical nuclear weapons in combat, casting the drills as a response to “threats” from French President Emmanuel Macron. The exercises are the Russian president’s latest salvo in a stand-off with the west over his invasion of Ukraine, during which Putin has repeatedly made

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military has told tens of thousands of Palestinians to leave the southern Gazan city of Rafah as Israel’s defence minister warned of an imminent military “operation” as talks to free Israeli hostages appeared

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Arab nations have begun to swing behind the idea of a multinational peacekeeping force for Gaza and the occupied West Bank, as they scramble to develop a viable postwar plan for the region. The draft

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shareholders in BP are preparing for the company to scale back its climate targets further after a shift in tone from the oil major’s new chief executive. BP is alone among its peers in committing

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of new homes being built in England could fall to roughly half the official target unless the government steps up financial and policy support for new housing, according to a forecast from Savills.

Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. The writer is chair of Rockefeller International At a time when two big economies, the US and India, are attracting a lot of hype for their enduring strength, it is worth looking at nations that

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In Falls County, about 30 minutes’ drive from Waco in the heart of Texas, clean energy company Avangrid is building its largest ever solar project.   Due to be completed early next year, the True North solar project will have a capacity of 321 megawatts, equivalent to enough energy to provide power for more than 55,000

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Finland has successfully tested its ability to run a war economy and has begun storing military equipment outside its national borders as the Nordic country renowned for its high level of preparedness deals with an

A US crackdown on banks financing trade in goods for Vladimir Putin’s invasion of Ukraine has made it much more difficult to move money in and out of Russia, according to senior western officials and Russian financiers. Moscow’s trade volumes with key partners such as Turkey and China have slumped in the first quarter of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ArcelorMittal has warned the UK government that one of its main divisions may be forced to leave the country if an application to redevelop a commercial port in south-east England is approved this week.  The

Over the course of 48 agonising hours, Rishi Sunak saw his Conservative party crushed in elections across England and Wales, culminating in Andy Street’s agonisingly narrow defeat as Tory mayor of the West Midlands. The dark outlook was summed up by the ConservativeHome activists’ website which said: “These elections have only confirmed that the Conservatives

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK governments expecting to do badly in local elections like to leak disaster scenarios in advance, in hope they can later claim to have done better than expected. In the event, the results for Rishi

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine will look to mount a new counteroffensive in 2025 after receiving a $61bn infusion of US military aid to help it stop Russia from making additional gains this year, Jake Sullivan, the US

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak was told by Conservative MPs on Sunday to show some vision and start digging his party out of the “hole” it was in after a disastrous set of local election results. Although Tory

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump has a small polling lead over Joe Biden in the critical swing states with six months to go before US voters elect their next president on November 5. It marks a stunning reversal

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I have spent a fair amount of time dunking on Elon Musk over the years. Among the things I have poured scorn upon are his puerile sense of humour, his asinine “lib-trolling”, his naive war

European intelligence agencies have warned their governments that Russia is plotting violent acts of sabotage across the continent as it commits to a course of permanent conflict with the west.  Russia has already begun to more actively prepare covert bombings, arson attacks and damage to infrastructure on European soil, directly and via proxies, with little