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[EN] Financial Times

Russia puts Telegram founder Pavel Durov on international wanted list

Kremlin’s fight with messaging app chief escalates as he is charged with ‘facilitating terrorist activities’

Burnham opens door to tax rises to pay for social care overhaul

Prime minister says he wants to avoid people having to sell their homes to pay for care

FTSE 100 hits all-time high as ‘anti-tech’ index shines in global chip rout

Banks and oil companies power UK stocks’ rebound from Iran war sell-off

FirstFT: Mark Zuckerberg says US should not ban Chinese AI

Also in today’s newsletter: Iran launches surprise attack on US forces, and a PwC report riddled with AI-generated errors

Hermès shares drop as investors fret over weak China luxury market

Luxury goods group hit by fall in tourist shopping in the Gulf

Tech rout roils markets after SK Hynix profits disappoint

South Korean chip giant misses analyst expectations but insists risk of memory oversupply remains ‘limited’

BNY to adopt blockchain technology for records in new era for Wall Street

Banks rush to embrace tokenised system blurring the lines between traditional finance and digital asset ecosystem

My perfect white tee: Sofia Coppola, Rick Owens, Edie Campbell and others pick their favourites

HTSI style insiders solve the ultimate wardrobe conundrum

Inflation gauge reboot to ease pressure on Fed to raise interest rates

Updates to official statistics are expected to show prices rising less quickly

Brain fog causes loss of cold game contract on first board of match

Keep assessing options before undertaking ‘obvious’ ruff

NHS England reprimanded over Palantir data access omission

Staff from controversial tech company have been given ‘unlimited access’ to identifiable patient data

Aston Martin defends contentious £550mn debt deal

UK carmaker reports bigger than expected quarterly loss

Asia’s richest man Adani weighs bid for UK’s top port operator

Indian industrialist considers offer for Associated British Ports as two Canadian pension funds prepare to sell stakes

Greggs profits rise despite heatwave and growth worries

Baker has continued its expansion in face of scepticism over UK’s continued appetite for its sausage rolls

What’s up with CCC-rated bond spreads?

Whatcha gon’ do with all that junk

US says it intercepted ‘surprise’ Iranian missile attack

Incident ends a days-long pause in direct air strikes

Burnham has Labour voters’ attention but for how long?

Whether core voters stay onside remains to be seen, while opposition parties’ strategies look unconvincing

Kering’s shares rise 11% after Gucci owner returns to growth

Strong demand for jewellery and eyewear delivers luxury group’s first sales increase in three years

Glencore trading profits double on Middle East turmoil

Swiss energy group reports $3.3bn in first-half earnings at its marketing division

UBS and Deutsche Bank join Wall St rivals in trading-led profit surge

Swiss and German banks post strong results in second quarter

St James’s Place inflows drop as UK pensions tax change looms

Withdrawals at wealth manager increase as people take money from their pension pots

AI isn’t taking jobs, yet

Plus, oil is a problem again

FTAV’s further reading

Hugging Face; AI ingest; gambling; debt; the Borg; The Odyssey; ancient worlds; and boiling

EU crisis chief warns wildfires are a risk from scaling back green agenda

Also in this newsletter: Hungary slows Ukraine’s EU accession despite Orbán’s departure