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[EN] Financial Times

Australia’s drive to transform economy with data centres, aerospace — and meat pies

Labor government’s National Reconstruction Fund posts 7.7% rate of return in its second year

Apple hit by ‘Crackgate’ outcry over iPhone Duo screen problems

Claims of flaws in Big Tech company’s first foldable smartphone are a setback for new chief executive John Ternus

Flávio Bolsonaro’s passport cancelled as reports say he has fled Brazil

Defeated rightwing presidential candidate is under investigation by federal police over alleged corruption and money laundering

Tech stocks gain as AI trade revives

Asia follows Wall Street higher in wake of Anthropic’s long-awaited IPO filing

Nord Stream sabotage suspect under ‘direct command’ of Ukrainian army

Serhii Kuznetsov stands trial in Hamburg for allegedly leading audacious sabotage against Russia’s undersea gas pipelines to Germany

Russia and Ukraine begin local ceasefire in frontline city

Humanitarian truce aims to evacuate residents stuck in Oleshky, who have been cut off from food and medicine

The limits of hedging the AI boom

As tech investment soars, finding protection is becoming more urgent — and harder

Anthropic, Meta and the K-shaped company

The gap is widening between shareholders with clout and those with none

We don’t understand the gold price

Maybe we never did

US law firm Weil readies restructuring as options dwindle and partners exit

Legal powerhouse working with Davis Polk to assess options including a possible wind-down

Boeing shares slump as planemaker cuts 737 jet delivery target

Stock falls 10% after chief executive Kelly Ortberg admits group is behind schedule in production of airliner

There is more Oxford Street can do to get tills ringing

Longer opening hours and nationwide measures such as reintroducing tax-free spending for tourists would provide a boost

EU pressures allies over looming Ukraine funding crunch

European Commission forecasts suggest non-EU partners have pledged just €4bn in aid for Kyiv next year, down from €19bn in 2026

Two British men appear in court after being charged over plot at RAF Fairford

Mohmed Abdulkarim and Nouman Essghir both charged under National Security Act

Israel election turnout highest since 1973

First vote since October 7 2023 attack pits Benjamin Netanyahu’s far-right coalition against opposition bloc in knife-edge contest

US insurance regulators back down on credit ratings scrutiny

Industry resistance thwarts effort to examine ratings on billions of dollars in private loans held by insurers

How good is the iPhone Duo?

The HTSI tech reviewer says it’s ‘by far the most beautiful foldable device I’ve seen’

Novartis takes $1.9bn writedown on key drug after blockbuster Avidity acquisition

Swiss drugmaker raises profit outlook despite impairment charge on rare-disease medicine

Iran threatens South Korean shipping group over Hormuz transits

Sinokor accused of repeated ‘crossing violations’ by regime that has only enforced its rules through military action

Putin speaks with Norwegian and Finnish leaders

Call is first contact at this level in more than a year as Russia and Ukraine prepare for US-brokered peace talks

Egypt shuts down one of the country’s last independent news outlets

Civil society groups decry move against Mada Masr and editor-in-chief Lina Atallah

Anthropic and the AI cluster effect in fundraising

$95bn equity issue plan by Meta as rival conducts IPO shows the Hotelling effect

GM to switch listing from NYSE to Nasdaq as it accelerates AI push

Move marks another blow for Big Board as tech-focused rival attracts some of world’s most valuable companies

Pop Mart sales fall up to 50% as Labubu fever ebbs

Chinese maker of hit doll posts sinking quarterly revenues as demand wanes