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Business
Reeves plans ‘housing bank’ to deliver cheaper financing for builders
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chancellor Rachel Reeves has drawn up plans for a…
FirstFT: Trump to send hundreds of Marines to Los Angeles
Good morning and welcome back to FirstFT Asia. On today’s agenda: Trump to deploy Marines to Los AngelesJimmy Lai’s son blasts UK ‘weakness’Japan’s ‘indispensable’…
Expert reveals America's 'secret weapon' against long-term competition with China
There are two likely outcomes of the looming trade talks between the U.S. and China, but only one "secret weapon" to hedge against long-term competition with the growing…
UK pledges £11.5bn of new state funding for Sizewell C nuclear plant
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK has ended years of uncertainty over the future of…
US and China meet in London for round 2 of high-level trade talks
Officials from the U.S. and China met on Monday to begin a two-day session to discuss bettering trade ties and further deescalate the trade war. Details of the meeting have…
UK retail sales growth slowed in May, casting doubt on consumer resilience
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK retail spending growth slowed to its weakest pace this…
Rioters set Waymo self-driving cars on fire, company suspends downtown LA service
Waymo, a subsidiary of Google parent company Alphabet, is temporarily removing its autonomous cars from downtown Los Angeles after rioters set some of the vehicles on fire in…
Robert Kennedy fires members of panel overseeing US vaccine policy
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldUS health secretary Robert F Kennedy Jr has fired…
Home Depot stores remain open despite becoming target of Trump's immigration enforcement
Home Depot said its stores remain open after some of its locations in Los Angeles were the target of an Immigration and Customs Enforcement (ICE) raid. Several people were…
OpenAI’s expected subscription revenue doubles to $10bn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.OpenAI’s annual recurring revenue has almost doubled to…