Fed holds rates steady even as Iran war threatens fresh jolt of inflation
Three voting members of FOMC call for higher borrowing costs after high-stakes meeting
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Financial Times
Global business from the Financial Times
Business · 712 articles · page 16 of 20 · fetched 2 minutes ago
Saudi Arabia joins US strikes on Iran-backed militias in Iraq
Iran also fired ballistic missiles at US forces in Jordan, ending a days-long pause in direct air strikes
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EU warns it will investigate Fifa’s $20bn commercial venture
Bloc joins protests against plans by football’s governing body to raise billions from outside investors
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Ferrari EV designed by Jony Ive has already hit 2026 sales target
Italian carmaker reports strong demand from China for electric model derided for its unconventional design
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Grant Thornton seals accounting sector’s largest takeover in a generation
US audit and consulting firm to buy publicly listed CBIZ for $5bn in all-cash deal
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Populism will eat itself
A movement that admires belligerence and confrontation will turn on its own in the end
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‘Anti-tech’ index shines in global chip rout
Banks and oil companies power UK stocks’ rebound from Iran war sell-off
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Tech rout roils markets after SK Hynix profits disappoint
South Korean chip giant misses analyst expectations but insists risk of memory oversupply remains ‘limited’
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Fed’s favourite inflation gauge to be lowered by stats agency change
Adjustments by Bureau of Economic Analysis to ease pressure on central bank to raise rates
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PwC published reports on AI marred by AI hallucinations
Big Four consultant is latest firm found to have produced slapdash work while marketing expertise on the technology
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Bank of England probes Asian equity risk at prime brokers
Regulator to review exposure to AI sector at hedge funds and other clients of investment banks operating in UK
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Ukraine adapts strikes on Russian energy industry to hit critical components
Kyiv is shifting its long-range drone campaign to keep plants offline for longer
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If you think your profession is dying, it could soon be gone
Younger workers once foresaw the demise of horse-drawn carriages — but anticipating obsolescence can be self-fulfilling
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Lessons on rent control from New York, Berlin and Scotland
The policy is back in favour with progressives, but critics say it benefits only existing tenants and saps investment
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Takaichi warns of ‘race against time’ to rescue Japan earthquake survivors
Powerful tremor in Kumamoto prefecture has left at least 13 dead
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Mark Zuckerberg says US should not ban Chinese AI
Meta chief warns against ‘regulatory capture’ of American rules on the technology
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Zelenskyy reports positive Oval Office meeting as Trump shifts towards Ukraine
Kyiv hopes White House talks will result in fresh US backing against Russia
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AI risks drag on $5bn Thoma Bravo-backed software refinancing
Cybersecurity firm Proofpoint faces higher borrowing costs and tighter covenants in latest debt deal
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US poised to impose new Russia sanctions package
Measures are the latest sign of Washington’s warming relations with Ukrainian President Volodymyr Zelenskyy
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Hedge funds face demands to stump up collateral as AI stocks tumble
Scale of losses in recent weeks sparks growing risk aversion on Wall Street
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World’s biggest EV battery maker pivots to AI, grids and ships
China’s CATL aims to become market leader for battery energy storage systems
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Apple tops $5tn valuation for first time
Tech giant gains due to its lack of huge spending on AI and as investors seek havens from sell-off in chip sector
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Chip stocks tumble as AI sell-off deepens
Nasdaq 100 briefly falls into correction territory ahead of Big Tech earnings
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Wachtell co-chair who grilled Musk departs for rival Gibson Dunn
Bill Savitt leaves the corporate law powerhouse alongside five other partners
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Fifa plans $20bn commercial vehicle to lure external investors
Joshua Kushner set to lead investor group as football’s governing body moves to cash in on World Cup
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Ebay pays couple $56mn for its role in cockroach harassment campaign
Couple received threatening deliveries including funeral wreath after criticising ecommerce retailer in blog
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Powerful earthquake hits Japan’s southern Kumamoto prefecture
Reports of multiple deaths from blast at shopping centre and widespread damage to buildings and infrastructure
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LA Dodgers-owner’s insurer acknowledges loans to ‘Dodger Tickets’
Delaware Life reclassifies loans as level 1 related-party investments after labelling them unaffiliated for years
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Coca-Cola and Unilever sales surge after World Cup marketing blitz
Soft-drink maker’s marketing included promoting Powerade in mid-game ‘hydration breaks’
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Fire-ravaged France evacuates tourists and braces for new heatwave
Firefighters make progress on major blazes that have displaced hundreds of thousands of people
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Trump’s waning sway over the world
The habitual trolling that serves him at home is sapping his potency on the global stage
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World’s largest listed hedge fund reverses outflows in key unit
Man Group reported $2.3bn of net inflows into its lucrative absolute return division
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CXMT’s blockbuster IPO delivers windfall for its home city
Funds run by local government in Hefei make gains of 5,000% from chipmaker’s blockbuster listing
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TotalEnergies benefits from EU sanctions reprieve on Russian gas
French energy major can continue selling LNG from its Yamal project in Siberia to Asian customers
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EU hesitates to target Irish plant accused of supplying Russia’s war industry
Officials fear that measures restricting alumina exports to Russia would threaten bloc’s aluminium supply chain
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The UAE’s bold gambit on Iran
It has quietly rebuilt economic and diplomatic ties while also deepening defence links to Israel and the US
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