Today In The Markets

Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. Ever since Hamas attacked Israel on October 7 last year, America has pursued two key objectives. The first is to provide “ironclad” support for Israel. The second is to prevent a wider regional war

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is senior adviser at Engine AI and former chief global equity strategist at Citigroup Like many, I am depressed by the direction the world seems to be taking. Events in the Middle East

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK water industry has little obvious in common with the banking sector — unless you count lame jokes about liquidity problems caused by leaky pipes and the toxic assets otherwise known as sewage spills.

Water companies in England and Wales paid £2.5bn in dividends and added £8.2bn to their net debt in the two financial years since 2021, according to research by the Financial Times. The updated figures mean that the 16 water monopolies have paid out a total of £78bn in dividends in the 32 years between privatisation

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Western leaders increased pressure on Israel on Monday to exercise restraint following Iran’s drone and missile attack, as Benjamin Netanyahu’s war cabinet prepared to reconvene to discuss how it will respond. French President Emmanuel Macron

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oil and Asian equity markets were muted on Monday following Iran’s military strike on Israel as traders shrugged off fears the conflict could escalate into a full-blown war and curb supplies from the region. Brent

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of FTSE 100 companies proposing significant pay rises or new remuneration structures for their top heads has jumped this year, as London-listed groups debate whether to boost incentive packages to compete with US

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hours after Iran launched a barrage of armed drones and missiles against Israel Iranian military chiefs declared “mission accomplished”, having implemented a change of tactics designed to restore the Islamic republic’s deterrence. In launching its

A growing number of health-conscious consumers rejecting beer, wine and spirits represents “a big opportunity”, said the chief executive of Japan’s biggest brewer Asahi, who forecast zero- and low-alcohol drinks would generate half of the company’s beverage sales by as early as 2040. Atsushi Katsuki, whose group produces beers including Asahi Super Dry, Peroni Nastro

Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Activity on China’s equity capital markets on the mainland and beyond has slumped to multi-decade lows, highlighting how the loss of momentum in the world’s second-largest economy has weighed on investor confidence. Chinese

Benjamin Netanyahu’s initial assessment of how Israel’s aerial defences dealt with Iran’s first direct drone and missile attack on the Jewish state contained more than a hint of satisfaction. “We intercepted. We stopped [the attack]. Together we will win,” the Israeli prime minister wrote on social media platform X on Sunday, after Israel and its

Just after dark on Saturday in Tehran, the commander of the Revolutionary Guards picked up a phone and issued an order to begin “Operation True Promise” — an unprecedented aerial assault by the Islamic republic on the Jewish state. After Major General Hossein Salami read out the names of the senior Iranian military officials whose

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. France has launched a dispute with the UK over fishing rights after its trawlers were banned from some British waters to protect vulnerable habitats. French diplomats raised the issue at a meeting of EU ministers

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Momentum in economies including the US and India has been picking up in recent months, helping stoke optimism that global growth in 2024 will modestly outpace last year’s reading, according to research for the Financial

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran’s attack on Israel has increased pressure on the US Congress to pass additional military aid for Israel, with Republicans saying they will call a vote in the House of Representatives in the coming days.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s war cabinet met on Sunday afternoon to discuss possible responses to a massive overnight Iranian drone and missile attack, with US President Joe Biden urging restraint as the Middle East edged closer to full-blown

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is director of regional security at the International Institute for Strategic Studies On Saturday night, a long-awaited Iranian strike on Israel started with a bang and ended with a whimper. Even before the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chair of AstraZeneca The AGM season is in full swing, and with it comes the usual set of controversies around remuneration. AstraZeneca was among the first companies this year to receive votes

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. AstraZeneca’s chair has hit out at proxy advisers for “double standards” that “do serious harm” to the competitiveness of UK companies, after more than a third of the company’s shareholders voted against a potential £1.8mn

It was just before 2am when the barrage of Iranian drones and missiles swarmed over the Israeli sky. Sirens and explosions rang out across Jerusalem, the southern Negev and the northern border region as Israel launched air defence interceptors. Israelis, who had waited anxiously for several hours after first being warned that the arsenal of