Ousted BP chair hits out at ‘lies’ over his conduct
Albert Manifold says he ‘pushed hard’ at FTSE oil group but disputes criticism of his behaviour
Wes Streeting’s uphill challenge to stop Andy Burnham
Former health secretary must prove his offer is distinctive — and that it is worth having a proper leadership race
US and Iran exchange fire amid increasingly strained truce
Official says American forces shot down Iranian drones in move that prompted retaliation from Tehran
BDO fined £2mn for ‘pervasive breaches’ in audit of collapsed NMCN
UK regulator says mistakes in work for construction company were ‘significant and serious’
Belgian gunmaker FN Browning to buy UK sniper producer
Acquisition comes as state-owned group looks to compete in British government rifle tender
Payments group accused of being ‘Chinese backdoor’ moves staff out of China
Australia-founded Airwallex is pursuing US expansion amid intensifying rivalry between Washington and Beijing
AI boom squeezes optical tech and Huawei makes a chip comeback
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
FTAV’s further reading
The melancholy of slaying monsters; GCHQ; Maga hogs at the trough; volcanoes
Semiconductors: supercycle or superbubble?
Plus, semis’ fragile supply chain
Australia sues Post-it maker 3M over ‘forever chemicals’
The $1.4bn case against the US company is largest filed by Canberra
Brussels plans to start Ukraine’s EU membership negotiations in June
Also in this newsletter: EU tech companies demand Brussels boost digital sovereignty
Senegal’s increasingly domestic debt crisis
Faye vs Sonko, but what about those total return swaps?
AI boom outweighs Iran war pain, Korean central bank chief says
Shin Hyun-song at first policymaking meeting projects boost to GDP on chip demand and surging stocks
FirstFT: Strong rouble strains Russian war economy
Also in today’s newsletter: fresh Iran strikes and EU trade defences
Analysts’ views: forecasters dispute market view of likely policy at Fed and Bank of England
Disconnect between money markets and the opinions of professional forecasters remained intact in May
Transcript: The backlash against AI
Gideon Rachman talks to Sebastian Mallaby, author and senior fellow at the Council on Foreign Relations
Transcript: How Ukraine’s drones turned the tables
Sonja Hutson talks to Chris Miller and Ellesheva Kissin
Exxon fracks its blue state exit
The oil major’s investors overwhelmingly voted in favour of its proposal to move its corporate domicile to Texas
Chip stocks race towards biggest gains since dotcom era on AI demand
Philadelphia Semiconductor Index rides Big Tech’s data centre spending spree to 75% gains in 2026
EU to broaden import quotas and tariffs against China
Trade defences needed to combat ‘existential’ threat to key sectors, industry commissioner Stéphane Séjourné says
UK would block Indian billionaire raising BT stake
Officials cite need to maintain sovereign control over critical national infrastructure
European tank maker vows to guard against political meddling as it readies IPO
Avoiding power struggles between France and Germany is seen to be key to the success of the group
Kirkland & Ellis to spend $500mn building its own AI technology
World’s highest-grossing law firm plans to put the ‘collective intelligence’ of its lawyers into a tech platform
Anger and suspicion as Ebola spreads through eastern DR Congo
Disinformation and mistrust have hampered efforts to contain third-worst outbreak of virus in history