Iran contradicts Trump and says no direct talks to end war
US president postpones possible attacks on Iranian energy infrastructure after hailing ‘productive’ talks with Tehran
Trump plays up prospect of diplomatic end to Iran war
US president soothes markets but doubts on strategy and Tehran’s position persist
FirstFT: Donald Trump backs off threat to strike Iranian energy infrastructure
Also in today’s newsletter: Berkshire Hathaway expands bet on Japan, and Indonesia cracks down on resource companies
Traders placed $580mn in oil bets ahead of Trump post on Iran talks
Thousands of Brent and WTI contracts changed hands 15 minutes before president’s message on Truth Social
Apollo caps investor withdrawals from flagship private credit fund
Investor uncertainty intensifies as AI impacts on the enterprise software industry emerge
Markets rebound after Trump postpones attack on Iranian energy
Stocks reverse losses and oil tumbles after US president says there have been ‘constructive’ talks with Tehran
Estée Lauder in talks to combine with Jean Paul Gaultier owner Puig
Tie-up between US and Spanish groups would create a $40bn beauty giant
Can Trump do a deal with Iran?
Formidable obstacles stand in the way of any diplomatic effort to end the war
Italy’s mail-to-telecoms national champion gets a thumbs down
Poste Italiane’s €10.8bn bid looks unenticing for Telecom Italia’s investors — it should try harder to bring them onside
Starmer says UK government ‘finalising’ defence plan, but no date yet
PM blames ‘over-commitment and underfunding’ by the previous government for delays to military’s 10-year spending blueprint
Iran contradicts Trump and says no direct talks to end war
US president postpones possible attacks on Iranian energy infrastructure after hailing ‘productive’ talks with Tehran
Markets wrong on UK interest rate rises, say economists
Forecasters argue a weak economy will prevent the energy shock fuelling persistent inflation
The other Trump foreign adventure
US president looks for regime change in Cuba
UK looks at supporting vulnerable households after surge in energy prices
Keir Starmer says help would have to be targeted and warns against counting on ‘quick and early’ end to Iran war
Europe’s biggest telecoms disruptor takes on . . . suburban England?
Bedfordshire and Hertfordshire beware
US to pay Total $1bn to switch from wind to oil and gas development
Deal comes as Donald Trump faces pressure to limit energy price increases triggered by Iran war
Anti-terror police investigate antisemitic arson attack on London charity
Investigators studying claim of responsibility in name of Iran-linked group
Giorgia Meloni loses justice referendum
Italians reject premier’s push to overhaul judiciary that has often clashed with government
And the FTAV chart quiz winner is . . .
Pusha T
Musk verdict suggests US shareholders are stepping into the regulatory void
The ruling against him may suggest the judicial system is leaning into its expanded role in securities law enforcement
The Pitt — HBO’s superlative hospital drama lives up to the hype
HBO Max launches in the UK with this thrilling, fast-moving medical series led by Noah Wyle
Vincent in Brixton — a radiant portrait of the young Van Gogh
Niamh Cusack gives an acting masterclass in the Orange Tree’s revival of Nicholas Wright’s highly enjoyable play
Iranian attacks on Strait of Hormuz an ‘act of terrorism’, says Adnoc head
Sultan al-Jaber’s comments come as Donald Trump says US has held talks with Tehran on ending the war
Gilead nears up to $2bn deal for autoimmune biotech
California-based drugmaker takes advantage of surging share price to strike takeovers after a quiet couple of years