European diesel prices climb over prospect of US export ban
Any move by Washington to suspend foreign sales would be ‘catastrophic’ for global supplies, analysts warn
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Financial Times
Global business from the Financial Times
Business · 1862 articles · page 22 of 52 · fetched 26 minutes ago
McDonald’s bets on chicken to win back diners as beef prices soar
Fast-food chain aims to grow share in booming chicken market in bid to kick-start sluggish US sales
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Trump lays a new trap for Takaichi
The threat of appearing as a vassal state is growing ever more real for middle powers
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How Trump’s diesel export ban will backfire
Suspending foreign sales of the vital fuel may look good in the short term but the US would soon suffer
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UK reviews Chagos deal after renewed opposition from Trump
London had agreed to transfer sovereignty of the strategic Indian Ocean archipelago back to Mauritius
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What to do when your Waymo holds up a Secret Service motorcade
Stranded in six-lane traffic, surrounded by agents, my autonomous vehicle refused to budge
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Chinese carmaker unveils sub-5 minute EV battery charging
Volvo Cars and Lotus owner is among Chinese carmakers seeking to reduce dependence on market leader CATL
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The west does not have a leadership problem
If Friedrich Merz and almost everyone else is unpopular, perhaps governments aren’t the issue
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Why Germany’s ‘chancellor-in-waiting’ is biding his time
Hendrik Wüst, the popular premier of North Rhine-Westphalia, is seen as the most likely successor to Friedrich Merz
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Bank of England does not need to raise interest rates, says OECD
Paris-based group says the UK is ‘starting from a different position’ on monetary policy compared with other countries
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OECD sounds alarm on surging government bond yields
Paris-based forecaster says governments’ debt interest bills are increasing pressure on public finances
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Oil price on track for longest losing streak in more than 12 months
Brent crude falls below $99 a barrel in Asian trading amid talks over Middle East conflict
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Has Trump caged his China hawks?
Xi Jinping will arrive in Washington this week to find a US president wary of jeopardising their détente
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The battle between the Fed and Trump
What happens when a fundamentally strong economy faces an irresponsible government?
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Oil tanker costs hit record $1.2mn a day as Iran war disrupts shipping
Shortage of biggest supertankers has more than doubled rates on key Middle East-China routes since late August
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Diesel surge costs European drivers €203mn per day
Motorists are spending 40% more each time they refill their tank, compared with the start of the year
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Ozempic-maker Novo open to upgrading US listing
Boss Mike Doustdar says he sees ‘advantages’ in giving US investors direct access to Danish group’s stock
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Global banks threaten to shift investment away from UK if taxes rise
Chancellor John Healey is looking for revenues in next month’s Budget to compensate for hit from higher borrowing costs…
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China reviews dependence on Broadcom switches in data centres
Survey comes amid drive to boost domestic players and reduce reliance on foreign AI infrastructure
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UK data centre group left biggest customer ByteDance unnamed in $35bn IPO push
Chinese tech giant was AI cloud provider’s largest customer last year but is not prominently named in pitch to stock…
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Mark Carney and the limits of defying Donald Trump
Canada’s PM has become a rallying figure against the US president. But is the country’s economy too exposed to break…
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Amodei is right — AI companies need banking-style supervision
Both industries change rapidly and reach throughout the economy, requiring officials to weigh the benefits of…
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How private equity ended up in limbo
The sector’s growth was built on a clear bargain with investors. That has now broken down
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US and Iran hold first talks since June as Trump threatens ‘annihilation’
Oil prices flat as president says Steve Witkoff and Jared Kushner had ‘good meeting’ with Iranian delegation on the…
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Trump rejects ‘globalist scheme’ to control AI in blow to Burnham
President says US is ‘leading over China by a lot and everyone else, and we’re going to keep it that way’
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Qantas pushes ahead with new ultra-long flights despite high fuel prices
Chief executive Vanessa Hudson says Australian airline is confident demand for nonstop services is strong
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Why EU companies are helping their Chinese rivals
Many multinationals seem to be adopting an approach of ‘if you can’t beat them, join them’
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Trump says he would back US diesel export ban
Support for suspending foreign sales comes as conflicts in Middle East and Ukraine send price of vital fuel soaring
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Anthropic and OpenAI release cheaper models as price war intensifies
New Claude and ChatGPT tools slash costs from earlier versions while promising better performance
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Nasdaq 100 rises to new high as ‘AI Fomo’ returns
Tech-heavy index recovers from summer sell-off
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US government and Gulf billionaires back Todd Boehly bid for Lukoil assets
Consortium aims to unseat Carlyle, which struck deal to buy Russian group’s international business in January
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Top UK graft prosecutors joined Trump’s Venezuela oil baron during Swiss probe
Alejandro Betancourt was previously wanted by authorities in Switzerland as part of a money-laundering investigation
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Burnham says world must ‘rise to the moment’ on AI
UK Prime Minister says he anticipates AI will also be a ‘source of disruption to the way we live and work’
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Royal Caribbean nears deal for Sandals valuing resorts at more than $6bn
Transaction would be largest in cruise operator’s history as it moves to cater to tourists on land as well as sea
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US proposes $10bn fund with Arab allies to bypass Hormuz
Trump is in discussions about a fund that would build new energy infrastructure across the Middle East
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EU to lift sanctions on two Russian oligarchs
Mikhail Fridman and Alisher Usmanov removed from bloc’s list under deal to extend curbs for three years
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