US sanctions four traders it says are shipping Venezuelan oil
Decision marks Washington’s latest move to increase pressure on Maduro regime in Caracas
Global stocks post third straight year of double-digit gains
Wall Street’s S&P 500 is up 16.5% in 2025, beating analysts’ forecasts, after markets shrugged off trade turmoil
How Saudi Arabia and the UAE’s long alliance ruptured
The longtime alliance between the Gulf’s heavyweights has descended into open confrontation
Iran replaces central bank governor in effort to contain cost-of-living protests
Anger over collapse of currency provokes largest demonstrations in Islamic republic for years
Trump media group plans new token with Crypto.com
TMTG shares jump on news company will hand shareholders a new cryptocurrency with unnamed perks
Labour accuses shadow attorney-general of ‘conflict of interest’ over legal work for Roman Abramovich
Lord Wolfson part of legal team for Russian billionaire sanctioned over his close ties to Vladimir Putin
Canada’s ‘man of steel’ calls for US-style protectionism
Metals magnate Barry Zekelman says Ottawa must join Trump in protecting industry from other exporters
Companies line up $1tn of asset sales as activists push break-ups
Global companies offloaded everything from ice cream to cement businesses in 2025
Syria removes Assad family from banknotes in currency relaunch
Central bank will cut two zeros from Syrian pound and replace images of ousted dictator with olives, roses and mulberries
Xi hails China’s rising ‘national power’
Leader says country’s economy, technology and defence have risen to ‘new heights’
Zack Polanski: I would be open to working with Labour if Andy Burnham was leader
Green party leader rules out co-operation with Keir Starmer
The winners and losers of trading stocks around the clock
Brokers and small investors stand to benefit most from overnight US trading
Israel’s allies condemn ban on dozens of aid groups
EU and other partners hit out at suspension of NGOs’ activities in Gaza
How should the UK celebrate 250 years of American independence?
Reiterating the liberal ideals behind the revolution may be tricky when they are out of favour in the White House
Revived Siemens Energy fends off activist call for wind spin-off
German group has staged a dramatic recovery but some see Siemens Gamesa weighing on its valuation
Drug gangs pose grave threat to European security, agency warns
Scale of Europe’s narcotics crisis ‘not even possible to imagine’, says EUDA director Alexis Goosdeel
How Kiko Kostadinov’s kooky designs for Asics changed the sneaker game
Meet the duo setting the bar for designer collaborations
Any long suit is worthy of your veneration
Inaccurate defence allows prepared declarer time to counter
FirstFT: US dirty money fines drop 61% this year
Also in today’s newsletter: 200,000 European banking jobs at risk, and Paramount’s Warner Bros bid
Eurostar warns of delays after restarting Channel Tunnel services
Travel chaos caused by cabling fault and breakdowns left thousands of passengers stranded
Can Donald Trump save American coal?
US president has hailed the fossil fuel as ‘indestructible’ but weak investor demand plagues the sector
Labour and Tories are wrecking an election rule of thumb
Time may be up for the assumption in UK politics that incumbent governments get re-elected
Transcript: Predicting 2026 — Will Trump and Musk officially reunite?
Victoria Craig talks to Edward Luce
Number of festive drone shows in UK hits record levels
Displays have surged in popularity but high costs, reliability issues and strict rules threaten to restrict growth