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Dassault warns Franco-German jet project is ‘dead’ if Airbus refuses to co-operate

Chief executive Éric Trappier blames German arm of Airbus for blocking progress

Regime loyalists promote idea of succession after killing of Ayatollah by Israel and US

Rating agency cites growing risks from President Prabowo Subianto’s economic and fiscal policies

Incumbent left off list of candidates for new board ahead of his current term ending next month

Take part in a live Ask an Expert Q&A with the FT’s chief foreign affairs columnist today at 1pm (GMT)

Regulator grants lenders extra time to prepare for record compensation plan

Spanish prime minister likens conflict to Russia’s invasion of Ukraine and Israel’s assault on Gaza

Republican rivals John Cornyn and Ken Paxton forced into run-off in their party’s contest

Chancellor should have warned public of painful choices ahead amid world of uncertainty

Increasing number of expats and employees are deciding to leave the city as regional conflict escalates

Kospi index suffers worst one-day drop as conflict rocks Asian markets

Sportswear group plans to elevate deputy chair and extends tenure of chief Bjørn Gulden to 2030

Plus very very long-term interest rates

Meta’s smart glasses; Supreme Court insanity; interactive XKCD; negative oil; western civilisation; crystals

Cristina Criddle speaks to Pat Pataranutaporn, Miranda Wolpert, Yael Schonbrun and others

Victoria, home to companies including BHP, to enshrine remote working rights in law

Pioneer$ only

Also in this newsletter: Luxembourg pitches for EU AI leadership

Also in today’s newsletter: gold and silver flows disruption, and UK faces energy price shock

Michela Tindera and Joshua Franklin talk to Mickey Down and Konrad Kay

From Terry O’Shaughnessy, St Anne’s College, University of Oxford, UK

From Nicholas Malins-Smith, Cambridge, Cambridgeshire, UK

From Henry Ma, Manila, Philippines

From Luca Bergamaschi, Co-founding Executive Director, ECCO Think Tank, Rome, Italy