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[EN] Financial Times

Trump says Canada’s bid for EU ‘associate membership’ is a ‘hostile act’

US president threatens to impose ‘very serious’ tariffs on the bloc if the measure is approved

Ed Sheeran’s support acts pull out in wake of Gaza protest

Holtec pulls IPO over ‘perfect storm’ in AI sector, founder says

Kris Singh says market sentiment against data centres had dented flotation

Fed defies Trump with first rate rise since 2023

President calls for 1% borrowing costs after US central bank signals willingness for further action to cool inflation

UK ministers look at overhauling disability assessments to cut welfare bill

Sir Stephen Timms is drawing up plans for reform of personal independence payments

Cut ‘net zero’ from name of UK net zero department, MPs urge

Cross-party group says term has become ‘lightning rod for opposition to climate action’

FT Crossword: Number 18,482

Breast cancer drug approved after UK pharma deal with Trump

Medicine previously rejected by watchdog in England on cost grounds will now be available to about 1,000 women a year

LVMH scion Alexandre Arnault appointed to Nike board

Son of luxury boss Bernard Arnault joins sportswear brand as it attempts turnaround

US lawmakers pass Russia sanctions bill

Trump expected to sign measure into law that could impose levies on importers of Moscow’s energy, including US allies

Federal Reserve decision as it happened: Trump calls for rates to be 1% or less after Fed tightens monetary policy

President urges policymakers to act as rate-setters lift borrowing costs for first time since 2023

Walter and Boehly sell Chelsea FC stakes to Clearlake for £950mn

Deal to sell 25% of football club helps financiers raise funds as their insurance empires come under scrutiny

FirstFT: Fed raises rates for first time since 2023

Also in today’s newsletter: Hong Kong unveils first five-year plan and Chinese oil prices hit record highs

Hackers demand Revolut pay $3mn ransom after data breach

Group calling itself iamnotavillain threatens to sell customers’ confidential records to other criminals unless UK fintech pays within 24 hours

Sweden’s leftwing opposition parties predicted to win election

Social Democrat leader Magdalena Andersson expected to face tricky task of trying to form a coalition

Healey prepares UK for ‘really challenging’ Budget

Chancellor’s allies say wars in the Middle East and Ukraine are having a ‘significant impact on the economy’

Federal Reserve raises fed funds rate with likely more to come

Its decision was accompanied by new inflation and interest rate forecasts showing that most policymakers expect one more tightening this year

Trump oil ally Harold Hamm to invest in Venezuela

Move by Continental Resources marks latest foray by a western oil producer into the country after US military seized president Nicolás Maduro

Britain’s unsustainable pensions lock

It would be better to link state retirement benefits to earnings growth

Turkish stocks slide in ‘fund run’ as investors withdraw $1bn

Index provider MSCI raises prospect of cutting Turkey from emerging market to frontier status amid accusations of ‘co-ordinated trading’ by fund managers

AI is creating ghostwriting jobs on LinkedIn

CEOs are looking for a more human touch

Resident Evil is a video game movie with the propulsive thrill of . . . a video game

‘Weapons’ director Zach Cregger strikes again with a lean reboot about a medical courier assailed by malign forces

The best theatre shows to see in London and beyond

The FT’s critics pick the biggest and best plays now on in the West End and elsewhere

Bach choir is a rare symbol of unity in a swing state

In small-city Pennsylvania, music brings people together from across the political divide