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[EN] Financial Times

El Niño’s looming threat to the global food system

The world must be better prepared for big recurring shocks to agriculture

Hundreds reported missing after flash flood on Nepal border with China

At least 98 people confirmed dead and many local people, foreign tourists, workers and security personnel still unaccounted for

What businesses can learn from Dollynomics

Parton will be remembered mostly for her records, but she was also an entrepreneur

Charting the trillion-dollar TAM wars

Anthropic’s $30tn total addressable market estimate is unbelievable because it’s meant to be

Watch out for recruitment scams

A tough global employment market creates fertile ground for criminals to steal data, credentials and cash

Heatwaves spark interest in Gulf-style extreme cooling

From chilled walkways to heat-reflecting roofs, wealthy oil states have pioneered ways to cope with high temperatures

Burnham seeks to bridge gap with nervous business community

New prime minister hits crowd-pleasing note but private sector will reserve judgment until October Budget

Meta to pay up to $18bn to settle children’s social media harm case

Case relating to alleged failures of child protection was getting under way in California

A Slow Fire review — disturbingly apt play for a time of UK national emergency warnings

At London’s Jermyn Street Theatre, Simon Stephens’ new post-apocalyptic drama follows two men holed up in a bunker, surviving on water, tinned food and storytelling

CIA chief makes rare visit to Moscow

John Ratcliffe is first US spy chief to travel to Russia since 2022 invasion of Ukraine

Vanguard and Victory Capital bet on scale as fund industry consolidates

Asset management deal volumes have reached $53.8bn this year, the highest since at least 1995 according to Dealogic

Fed set to be data dependent in the months ahead

Read the August forecast from the FT’s Monetary Policy Radar team

Slightly hotter than expected PCE inflation keeps Fed’s September rate rise in play

Headline PCE inflation rates did not follow CPI lower in July as had been expected

Mark Walter’s group insists there is no ‘fire sale’ and ‘no fraud’

TWG Global hits out at ‘multipronged attacks’ on investment empire, which has stakes in high-profile sports teams

‘Cool Britannia’ is back — but it needs patrons

Targeted investment in culture would help the UK keep up with US and Asian philanthropy in the arts

London is worst area in England and Wales for heat-related deaths

New data shows relative mortality risk increases by 50% when temperature rises above 24C

Burnham pledges to ‘take pressure off’ business ahead of Budget

Prime minister tells the FT that he will not tax wealth creators out of the UK but stresses need for social responsibility

Iran war approaching Ukraine-style stalemate, says shipping boss

Freight rates remain at record highs while oil prices fall back on talks between Iran and Oman to reopen the Strait of Hormuz

Samsung must pay Swatch $11.6mn over copycat smartwatch apps

Swiss watchmaker had sought damages of as much as $170mn in London lawsuit over copyright infringement

Ukraine awards Musk medal as it seeks Starlink approval

Tech billionaire reluctant to allow satellite system to be used for drone strikes deep inside Russia

Life inside an American coal mine

Operators are trying to make familiar an industry that seems consigned to another era

The end of Trumpsplaining

The pretence that America’s leader is a grand strategist will not survive the Iran fiasco

The Dog Stars — Jacob Elordi plods through Ridley Scott’s vision of post-apocalyptic America

Margaret Qualley and Josh Brolin also feature in an uneven film that combines fear of marauding outsiders with an ode to organic farming

The battle to redraw the global tax map

UN negotiations challenge corporate ‘profit-shifting’