Transcript: Can a correction fix Australia’s housing market?
Marc Filippino speaks to James Politi and Nic Fildes
FirstFT: Iran threatens Hormuz after renewed US strikes
Also in today’s newsletter: EU’s diplomatic service and investor dispute with Spain
Transcript: Britain’s post-Brexit policy options
Gideon Rachman talks to Ben Judah, visiting fellow at Chatham House
The Business of Football
As North America prepares to host the biggest World Cup in history, media groups are chasing fans beyond live broadcasts and players are facing ever-heavier workloads. From Brazil’s fading aura to Curaçao’s unlikely rise, football’s old assumptions about power, profit and identity are being redrawn
US launches fresh wave of strikes on Iran
Oil price rises as Washington and Tehran send mixed signals over status of the Strait of Hormuz
Why birth rates are falling everywhere all at once
Smartphones and a marked change to our digital media environment are changing our world. John Burn-Murdoch explains how
Private equity parties as LPs wait for cash
The industry’s annual jamboree comes as firms struggle to sell holdings at desired valuations
Kathy Ruemmler helps search for her own replacement as Goldman’s top lawyer
Bank’s decision to back executive after she resigned from the role over ties to Jeffrey Epstein sparked internal divisions
Toyota and JLR warn ‘Made in Europe’ plan threatens investment and jobs
Proposals spark outcry from carmakers that export vehicles to EU from countries such as the UK, Turkey and Morocco
Can Europe build a new fighter jet after Germany scraps joint venture?
Collapse of €100bn project with France leaves countries at a crossroads
Why the much-feared crunch in oil markets has yet to arrive
Still-ample stocks and some more reactive producers and consumers look to have left the world better equipped to cope with disruption
A shorter third runway at Heathrow is better than none
The UK airport and its airlines should stop fighting and compromise on expansion
‘We’re back in the Stone Age’: Russia’s spies turn off the internet
Shutdowns have made one of the world’s most online nations resort to cash, paper maps and pet cams
Emirates to offer insurance to tempt passengers back to Dubai
Airline will fly people home if they are stranded, says carrier’s president Tim Clark
The UK universities that require no qualifications to enrol
Six institutions admitted more than 50% of their home student intake in 2024-25 without qualifications such as A-levels or GCSEs
Prediction market wagers on World Cup winner climb to $2bn
Bets on which country will triumph could become Polymarket’s biggest prediction market in history
Meloni’s staff strike against new limits on working from home
Employees in Italian prime minister’s office say secretariat buildings suffer from pest infestations and poor maintenance
Rightwing MPs increase use of Musk’s X as centre-left rivals quit
Majority of Labour and Liberal Democrat politicians are on alternative social media platform Bluesky, report shows
China cancels high-level meetings with EU
Abrupt scrapping of two sets of planned talks in Beijing comes as tensions grow between trade superpowers
European funds split on buying SpaceX over governance concerns
Continent’s sustainability disclosure rules may limit access of funds managing €6.8tn to blockbuster IPO
EU countries weigh ‘tearing apart’ bloc’s diplomatic service
Chief diplomat Kaja Kallas and her EEAS are in capitals’ crosshairs over leadership and co-ordination issues
Spain’s assets in US targeted by international investors during World Cup
Blasket Renewable Investments secures rights to pursue funds over dispute linked to ending of renewable energy subsidies
Israelis despair as Netanyahu fails to deliver ‘total victory’
Prime minister blamed for curbing attacks at Donald Trump’s request
Iran war tightens ‘super-squeeze’ in metals markets
Copper and aluminium had been rallying before Middle East conflict hit supply