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Business
Carmaker Lotus plans to end production in the UK
Stay informed with free updatesSimply sign up to the AutomobilesmyFT Digest -- delivered directly to your inbox.Lotus plans to end production in the UK after more than 70 years,…
Canada responds after Trump halts trade talks over digital services tax
OTTAWA - Canada will proceed with a digital services tax (DST) on technology companies, which President Donald Trump called "a direct and blatant attack on our country" in a…
Biggest US banks pass Federal Reserve stress tests
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The biggest US banks have all passed the Federal…
General Motors recalls 62,500 Chevy Silverados over brake fire risk
General Motors is recalling nearly 62,500 Chevrolet Silverado pickups because their brake pressure sensor assembly could potentially leak and cause a fire. The recalled…
Meta seeks $29bn from private credit giants to fund AI data centres
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Meta is looking to raise $29bn to fund its all-in push…
JM Smucker becomes latest food manufacturer to remove artificial colors from popular brands
The J.M. Smucker Co. joined a growing list of food giants that are pledging to eliminate FD&C artificial dyes from its products within the next two years, aligning with…
Jes Staley loses bid to have US investor lawsuit over Epstein ties thrown out
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Former Barclays chief Jes Staley has failed to persuade a…
Trump says US terminating all trade talks with Canada over digital services tax
President Donald Trump said on Friday that the U.S. is terminating all trade discussions with Canada. Trump cited Canada’s digital services tax on American tech companies as…
Donald Trump ally seeks to snap up DR Congo mine as US brokers peace deal
The Democratic Republic of Congo is in talks with a Texan businessman allied to Donald Trump to make a notorious source of conflict minerals a central part of US-backed peace plans…
Summer gas prices hit lowest level in 4 years despite Middle East tensions
Gas prices are sitting at a four-year low as the ceasefire between Iran and Israel has eased fears that conflict in the Middle East could disrupt global oil supplies. The…