Donald Quintin: ‘We’re entering a different market now’
The Lone Star Funds CEO on value investing, higher rates and the credit cycle
FTAV’s further reading
Muse; Donald Trump; India; monopsony; London; John Berger; fraternities; and Jane Street
Global bond market steadies after sharp sell-off
Heavy selling this week pushed 10-year US Treasury yields to their highest level since 2002
Pro-Russian parties jostle with Kyiv supporters in crowded Latvian election
Also in this newsletter: Dutch hail EU cutting off cash to Sierra Leone
Transcript: Zelenskyy says Putin’s gloves are off
Marc Filippino talks to Christopher Miller, Chris Smyth and Geoff Dyer
FirstFT: Putin has told military to abandon rules of war, Zelenskyy says
Also in today’s newsletter: US sends more troops to Middle East and bond sell-off
‘The only answer is to show up’: Black voters rally against redrawn electoral maps
African Americans in Louisiana predict a backlash over a Supreme Court ruling that authorised constituency changes
Transcript: Why Big Tech wants more economists
Soumaya Keynes talks to economists Ara Kharazian and Peter McCrory and FT data journalist John Burn-Murdoch
Electrification Explained: A Visual Guide
A visual explainer about the challenges and opportunities presented by electrification. Supported by Iberdrola
Meet Man City’s powerbroker
Khaldoon al-Mubarak is one of Abu Dhabi’s most powerful non-royals and now must battle to defend his club and reputation
UK universities comb records for China links after MI5 warning
Security agency’s alert highlights rising compliance pressures in sensitive research areas
Monzo courts private equity after Nubank walks away
Eleven-year-old UK fintech searching for growth capital after bruising year of boardroom tussles
IPO hopeful Zilch needs to prove it’s one of a kind
Listed peers of the UK fintech are ailing, so comparisons are likely to hinder rather than help in gauging a valuation
Amazon seeks to offload $8bn of Nvidia chips to investors
The move aims to improve the tech group’s balance sheet health as AI spending soars
Putin has told military leaders to abandon rules of war, Zelenskyy says
Ukrainian leader tells FT his Russian counterpart has given the order that ‘there are no rules now’
Hay Fever — Richard E Grant and Christine Baranski star in diverting Noël Coward play
A good cast and elegant set tell the story of the bad-mannered Bliss family — but this production is as shallow as its characters
French high schools burn as student unrest spreads
French prime minister and Marine Le Pen blame far-left party for stoking violent protests
Paramount picked a bad time to fund a $110bn leveraged buyout
David Ellison’s media company sold $52bn in debt and got an investment-grade credit rating — albeit the lowest available
Zack Polanski faces defining week as UK’s Green surge falters
Party leader set for dispute over ‘Zionism is Racism’ motion, days before Holborn by-election
No, AI is not similar to the Manhattan Project
What is singular and novel about the current threat is that it was born out of the private sector
Quant hedge funds reap big gains from global bond sell-off
Trend-following portfolios have latched on to sharp rise in yields this year as Iran war and strong US economic data fuel inflation fears
A cathedral for plants: Edinburgh’s newly restored Palm Houses
The highlight of Edinburgh’s Royal Botanic Garden is not just an architectural marvel but a sanctuary for beauty, biodiversity and tales of the unexpected
Hungary’s new government goes after Viktor Orbán
‘Operation Cleansing Fire’ probes former prime minister’s role in seizure of Ukrainian cash and gold
UK ministers resist union demands to rescue Scottish steelmaker
Liberty Steel Dalzell has its main steel plate mill in Motherwell and remains owned by Sanjeev Gupta’s faltering empire