Today In The Markets

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels has fined Apple €1.8bn for stifling competition from rival music streaming services, the first time the iPhone maker has been punished for breaching EU law. Margrethe Vestager, the bloc’s competition chief, said that for

Prisons are “on their knees”, police numbers are only now recovering from past cutbacks and there is a record backlog in the courts, which is why senior figures across the justice system bridle at the thought of more cuts. Nick Emmerson, president of the Law Society, which represents solicitors in England and Wales, said a

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 the Ford Foundation’s Mission Investments team In 1948, as the UK and neighbouring countries reeled in the aftermath of the second world war, America donated about $160bn in today’s money

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Aviva is re-entering Lloyd’s of London for the first time in more than two decades to boost its exposure to the thriving commercial insurance market. On Monday, the company announced it was buying Lloyd’s insurer

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An Isle of Man company linked to Doug Barrowman misled a client into believing they were dealing with a UK entity in an apparent attempt to covertly benefit from the island’s more lax tax regime,

Stay informed with free updates Simply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox. US defence contractors are missing out on a global military boom that has boosted their European counterparts’ share prices as legislative deadlock in Washington creates government spending uncertainty. Shares in the biggest military contractors

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Super Tuesday, the day on which the largest number of US states hold presidential primaries, is almost upon us. The results are baked in — Donald Trump and Joe Biden will be the winners. But

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt’s Budget was meant to be a defining pre-election moment, but some senior Conservatives have become dismayed at the influence over their political fate wielded by unelected economists. There has been growing frustration in

Beijing is expected to resist market pressure for a much stronger stimulus to spur China’s economic recovery at its flagship annual political event this week, with President Xi Jinping focused instead on the longer-term goal of turning the country into an advanced manufacturing superpower, analysts have said. Thousands of delegates from all over China will

Benjamin Netanyahu’s allies have lashed out at senior minister Benny Gantz for an upcoming visit to the White House, in a sign of growing strains within Israel’s war cabinet and in its relations with Washington. Gantz, a former defence minister who joined Netanyahu’s coalition in the wake of the October 7 attack on Israel by

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Jeremy Hunt will use the Budget on Wednesday to cut personal taxes, as he scrapes together the money needed to fund a package intended to lift Conservative MPs’ spirits ahead of the general election.

Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Opec+ members led by Saudi Arabia and Russia have extended the latest round of voluntary cuts to oil production for another three months, as they attempt to boost prices that have remained subdued despite ongoing geopolitical

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump enters a pivotal week in the 2024 presidential race with momentum as he prepares to lock up the Republican nomination, while Joe Biden tries to ease mounting concerns about his candidacy with a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The leader of the UK’s biggest private-sector pension scheme has urged the government to refrain from excessive intervention in how retirement funds are managed. Speaking last week, before the Treasury outlined plans for a major

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French far-right leader Marine Le Pen vowed on Sunday to wrest back powers from an “intrusive and authoritarian” bureaucracy in Brussels as she kicked off her party’s European election campaign as clear frontrunner in polls.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu’s allies have lashed out at senior minister Benny Gantz for an upcoming visit to the White House, in a sign of growing strains within Israel’s war cabinet and in its relations with Washington.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The thousands of Palestinians who rushed towards a convoy of trucks ferrying aid into the ruins of northern Gaza last week hoped to get their hands on desperately needed food. Instead, dozens joined the roster

The Conservative party’s grip on office is loosening in part because of its failure to resolve Britain’s housing crisis after 14 years in power, leaving the government under pressure to improve its policy pitch to those most affected — younger voters.  Despite the ruling party’s decades-old commitment to help people on to the property ladder,

Ronald Ojeda, a 32-year-old former lieutenant in Venezuela’s military, had been living in exile in Santiago de Chile since 2017 — until he was found dead on Friday, 10 days after he was abducted. On Friday night, Chilean authorities confirmed that they had found Ojeda’s body in a suitcase, buried beneath a cement structure in

Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Chancellor Jeremy Hunt has warned ahead of Wednesday’s Budget that there is “a long path” ahead to cut Britain’s tax burden, as he admitted that recent official fiscal forecasts had made his task harder. Hunt,