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[EN] Financial Times

Japanese investment in Indian finance hits record as business ties tighten

Tokyo drawn to vast market where Chinese competition is limited by geopolitical tensions

Britons may be sceptical of Saturday Night Live UK — but its debut episode shows promise

With Tina Fey as guest host and some close-to-the-bone humour, Sky’s SNL translation was often inventive and sharp

Trump sets 48-hour deadline for Iran to open Strait of Hormuz

US president threatens to ‘obliterate’ Iran’s power plants if waterway is not opened for shipping

Sunday Number 137: Numbers Puzzle

Robert Mueller, former FBI director who led Trump inquiry, dies at 81

Department of Justice veteran investigated alleged ties between Trump campaign and Russia

Jay Powell extols ‘independence and integrity’ after latest attacks by Trump

Fed chair cites importance of resisting short-term pressure in accepting Volcker award for public service

Middle East war day 22 as it happened: Trump sets 48-hour deadline for Iran to open Strait of Hormuz

US president threatens to strike Iran’s power plants if the waterway is not opened for shipping

OpenAI to double workforce as business push intensifies

The $730bn start-up plans to increase staff to 8,000 by end of 2026 in bid to close gap with rival Anthropic

How the FTSE grew comfortable with bumper pay for bosses

Generous deals to keep CEOs at some of the largest UK companies have caused barely a ripple of discontent

HTSI editor’s letter: an ode to the odeon

A celebration of cinemas – and the summer’s hottest beach spot

The Iran war has made clear Europe’s role as bystander

If Europe is to regain any status, it will have to do a lot more than just say ‘no’

Canada’s oil producers in line for C$90bn windfall from Iran war

Rising crude price will boost export revenue as Mark Carney seeks to counter Donald Trump’s trade wars

US fertiliser bosses cash in as Iran war boosts shares

CF Industries aided by access to low-cost US natural gas as energy crisis slams Asian and European competitors

Chart of the Week: Global rates show deeper war fears

Investors are becoming increasingly hawkish

Sir James Dyson tackles rugby

Also in today’s newsletter: the WNBA’s new labour deal and Fifa’s World Cup reliance

Transcript: The AI revolt in Maga-land

Marc Fillipino talks to Joe Miller

The everyday miracle of eggs

Is there anything an egg can’t do?

Iran lets grain ships through Hormuz to shore up food supply

Agriculture has been a ‘pain point’ for Tehran after it imposes de facto blockade of waterway in response to US-Israeli war

Energy crisis upends Rachel Reeves’ growth plan amid hints of recession

Chancellor had vowed to cut cost of living but Treasury now foresees ‘very difficult Budget’ later this year

We should all be playing pothole politics

Living in the ‘Potswolds’ has made me one of the Angry Local People pointing at our damaged roads

Iran launches 10mn rial banknote as war triggers dash for cash

Iranians queue to get hold of highest-ever denomination bills as US-Israeli strikes fuel demand for hard currency

Iran war raises the risk of a bond market shock

Wild swings in UK gilts point to strains that will hurt government finances and jack up borrowing costs for us all

Uber fights to stay in the robotaxi race

Ride-hailing company must make up lost ground on driverless vehicles, or risk being left in the rear-view mirror

Life insurance sales surge in wake of Reeves’ inheritance tax shake-up

Chancellor’s targeting of pensions prompts more people to take out insurance, say industry figures