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[EN] Financial Times

Pope Leo undergoes surgery for lung cancer

Hospitalisation sends shockwaves through Catholic Church at a time when many see 71-year-old pontiff as a powerful moral voice

Saudi Aramco HQ attacked in suspected Houthi strike

Iran-backed militants retaliate after Riyadh-led coalition targets sites in Yemen’s capital

FirstFT: Bank of America fined $1.2bn over money laundering violations

Also in today’s newsletter: Russia arrests a Japanese journalist and Anthropic warns over rogue ‘AI worms’

Trump revives effort to halt construction of Ørsted’s offshore wind farm

Move comes after US president said he would drop opposition to renewable energy projects to win support for permitting bill

How TDK plans to save its factories from Japan’s population crisis

Apple supplier built a dormitory town to house hundreds of workers in country’s fastest depopulating prefecture

US indicts Saudi employee of OpenAI for allegedly bugging its offices

AI lab discovered a recording device and reported it to the FBI

Chip stocks slide after Broadcom boss warns of ‘casino’ mentality in AI investing

Declines for Samsung and SK Hynix drag Korea’s Kospi sharply lower as investors fret over the scale of AI investment

Cyber attack on French supermarket fridges raises alarm over food security

Some stores reported fridge temperatures as high as 80C, melting equipment and destroying food

Transcript: Mortgages, diesel and the US midterms

Katie Martin talks to Robert Armstrong

Bank of America fined $1.2bn over money laundering failures

US bank failed to flag $5bn in suspicious transactions linked to suspected illicit finance from China and the southern US border

Mortgages, diesel and the US midterms

Americans are still spending, despite their complaints about the economy

English football regulator says he will quit if pressured over Man City case

David Kogan issues warning as watchdog publishes report saying the English men’s game ‘stands on the edge of financial disaster’

Russia arrests Japanese journalist on espionage charges

Detention of Hokkaido Shimbun reporter follows series of arrests denounced as politically motivated

Modi cannot silence India’s disaffected youth

The BJP must address young people’s political and economic frustrations

‘Pro-business’ Burnham reassures chief executives on tax

Prime minister and chancellor host roundtable meetings with leading business figures to calm nerves ahead of the Budget

Number of UK Isa millionaires jumps 50 per cent in a year

Number of investors with more than £1mn in their account tops 7,700

Will bank earnings growth become a thing of the past?

It would be foolish to think the Wall Street giants can’t outrun the threat of AI

Zelenskyy says Kyiv’s partners failed to warn of ballistic missile attack

Ukrainian leader stops short of linking intelligence gap to Trump administration’s threats to withdraw US support

White House asks US envoy to Greece Kimberly Guilfoyle to resign

Donald Trump had said he was considering firing the ambassador after reports claiming she accepted improper gifts

Wall Street plays down investor fears of faltering trading boom

JPMorgan Chase and Goldman Sachs earnings boosted by equities businesses in another strong quarter

Fontaines DC: Dopamine Chamber — a plodding release promises no reward

The Irish quintet’s bleak fifth record is inspired by tech alienation and AI, but even guest star Rosalía can’t enliven its lumbering pace

The Party — illicit affairs and class conflict abound in juicy ITV thriller

Based on Elizabeth Day’s 2017 novel, the show follows a politician and a journalist whose thorny past comes to the fore at a disastrous birthday bash

FTC says ‘pharma bro’ Martin Shkreli repeatedly violated industry ban

US regulators accuse convicted felon of trading in dozens of pharmaceutical stocks and sharing opinions on social media

Creditors sue Patrick Drahi’s Altice International over asset shifts

Lenders allege that billionaire illegally moved assets worth billions of dollars out of their reach