Europe-to-Asia air travel squeezed into narrow corridor after drone attack
Drone attack on Azerbaijan puts further pressure on western airlines
Nissan warns of Sunderland closure if UK excluded from ‘Made in Europe’ rules
EU proposals presented on Wednesday require vehicles for corporate fleets and small EVs to be assembled within the bloc
Thousands flee Beirut after sweeping Israeli evacuation order
Israel orders area of hundreds of thousands of people cleared as war rages with militant group Hizbollah
The AI PR problem
Sector companies have been slow to address the concerns of ordinary people over the technology
Lessons from Anthropic’s battle with the Pentagon
Guardrails around the state’s use of AI warrant deeper and democratic deliberation
Bankers’ bumper year for IPOs isn’t quite going to plan
With volatility high, few companies hoping for a credible first-day performance want to brave choppy waters.
Germany secures US sanctions exemption for Rosneft refinery
Move spares Berlin from risk of major fuel supply disruptions
Saba Capital offers steep discount for Starwood real estate shares
Hedge fund seeks stake in fund that sharply limited investor redemptions in 2024 at 20% haircut
Glencore wades into battle for former FTSE miner
Swiss group proposes to support Shakhmurat Mutalip, who is close to finalising deal for a stake in Eurasian Resources Group
China sets cautious climate goals in five-year plan as coal remains core
‘Underwhelming’ target leaves room for increase in energy and industry emissions in years to 2030, experts say
The transatlantic tussle over UK drug pricing
Plus, the gap between Rachel Reeves’ rhetoric and her spending plans
Money Beyond Borders — the making and breaking of global currencies
The US dollar’s future is explored in Barry Eichengreen’s well-informed history on purchasing power in the monetary market
Six films to watch this week
Jessie Buckley and Christian Bale in madcap monster movie ‘The Bride!’; a big-screen outing for ‘Peaky Blinders’; epoch-spanning German drama ‘The Sound of Falling’; Pixar’s robot-beaver caper ‘Hoppers’; desert rave and road-trip thriller ‘Sirāt’; five-stars for Brazilian Oscar nominee ‘The Secret A
Sound of Falling — a ghostly portrait of German girlhood over a century
A farmhouse in Altmark is the setting for Mascha Schilinski’s darkly elliptical, era-hopping drama
Peaky Blinders: The Immortal Man — Cillian Murphy gets reinforcements in wartime spin-off
Barry Keoghan and Rebecca Ferguson join cast for story of Birmingham gangsters caught up in Nazi forged currency plot
Starmer calls for de-escalation and defends his leadership over Iran attacks
PM says conflict will ultimately have to involve negotiation and outlines efforts to bring home stranded UK nationals
FT quiz: the week in news
Ten topical questions to test your news nous
Merz should seize the opportunity to push back against Trump
Unlike his predecessors, Germany’s chancellor does not define himself by constraints
Middle East conflict strands ships with cargoes of fresh food and live animals
Shipping companies struggle to reroute vessels as disruption starts to cause congestion at ports outside the Gulf
UK police search journalist’s home in China spy probe
Police take away phone and laptop during raid
Rolls-Royce boss in line for increased £18mn a year pay package
Executive is already sitting on a paper gain of more than £100mn from shares he received when joining engine maker
Greg Abel starts Berkshire’s first share buyback of post-Buffett era
CEO’s move comes with company’s holdings of cash and short-term Treasury bills at a record $373bn
The best exhibitions to see in London this weekend
The FT’s critics recommend the most compelling 2026 shows, from Tracey Emin and Rose Wylie to Freud to Seurat
Are investors getting the Iran conflict wrong? With Robin Brooks
The chances of an economic disaster are higher than they think