EasyJet reaches outline agreement on £5.5bn takeover by Castlelake
UK airline’s board says it is minded to recommend proposal by US private credit group
Burnham warned over lack of cabinet as Number 10 transition talks step up
Prospective Labour prime minister could take office as soon as July 20
Nato leaders gather for crucial meeting in Ankara
Plus, nominations open in UK’s leadership contest, Iran buries former leader, Shell gives a trading update
Netanyahu government defies Israel’s top court over TV regulation
Premier’s cabinet raises fears of a constitutional crisis by formally rejecting ruling by Supreme Court
Turkey detains journalists and comic in crackdown before Nato summit
Popular comedian who called President Recep Tayyip Erdoğan a ‘dictator’ is among those arrested
China releases Christian pastor after Trump appeal
US president raised case of Protestant church founder Ezra Jin during meeting with Xi Jinping in May
‘Heat dome’ and storms over eastern US send power prices soaring
Almost 1mn households left without power after storms and weekend temperatures near 40C disrupt grids
Data centres are a crucial test of US industrial resolve
America must not repeat the mistakes that handed China rare-earth dominance
Saving Nato in the era of Trump
The big questions hanging over the alliance will not be discussed in Ankara
‘Return’ powers to Holyrood taken after Brexit, Scottish minister tells Burnham
SNP government says UK’s likely next leader must include the nations as well as English regions in his devolution drive
Parliament watchdog urged to investigate Nigel Farage over benefits from fraudster
Call for new inquiry into ‘in-kind’ benefits from aide before Reform leader’s election as MP in July 2024
France’s richest man ordered to pay €22.5mn in back taxes
Bernard Arnault, billionaire owner of luxury group LVMH, will appeal against ruling
Iran leadership shows unity at ayatollah’s funeral, but successor absent
Mojtaba Khamenei does not join other top leaders and sons alongside coffin of slain supreme leader
US voters say Trump’s Iran war not worth the cost — FT poll
Survey shows conflict is dragging down president’s approval ratings ahead of November midterms
The Europeanisation of Nato is ever more important
Transatlantic military alliance will be key to the continent’s future security
Ukraine striking Russian energy infrastructure at unprecedented rate
Kyiv’s intensified drone campaign is spurring Russia’s worst fuel crisis in decades
What will FOMC minutes reveal about Warsh’s debut at the Fed?
Markets Questions is the FT’s guide to the week ahead
Rich nations must unleash land, labour, energy and capital
As policymakers shift towards industrial interventionism, they risk neglecting the simplest drivers of growth
Lululemon’s latest struggle: slowing sales in key China market
Growth in second-largest economy has helped activewear maker offset series of other troubles but now faces new challenges
French push to exclude UK from EU defence spending backfires
Paris loses out on cheap loans due to strict eligibility criteria it had championed
How Bending Spoons built a $23bn tech empire from struggling brands
Nasdaq listing caps more than a decade of deals that transformed an Italian start-up into a global internet company
Returning to pre-Trumpian politics won’t save America
The opening of the Obama presidential library set off a wave of nostalgia for an era that is not coming back
Octopus Energy set for showdown with workers over union recognition
Fast-growing energy supplier says employee share ownership means it’s not a ‘them and us’ company
Oil market opens up as retail traders pour in
CME Group to launch 10-barrel contract after Iran war triggers rush of bets on crude prices