EU-US tensions over Greenland and tech are far from over, says Macron
French president calls on bloc to take the necessary steps to become a true global economic power
FTAV’s further reading
ICE; giant loops; Peter Muller; Jean Anthelme Brillat-Savarin; teetotalers; Bluesky; and sky blue
Fix the EU economy with ‘protection, not protectionism’, says Macron
Also in this newsletter: European countries perceived as more corrupt
FTSE Russell adds to doubts over Indonesian stocks
Index provider joins MSCI in raising concerns about market’s transparency
FirstFT: Starmer defies call to quit as UK prime minister
Also in today’s newsletter: Russian army casualties and US tariff carve-outs for tech
Transcript: Novo Nordisk hits back at copycat drugs
Sonja Hutson speaks to Patrick Temple-West and Joshua Franklin
Can Sanae Takaichi change Japan’s constitution?
Prime minister has vowed to fulfil LDP’s long-stated mission to amend the charter
Standard Chartered finance chief leaves for Apollo
Diego De Giorgi was seen as in contention to succeed chief executive Bill Winters
Carlyle’s flagship buyout funds gain after flurry of portfolio IPOs
Group has redoubled efforts to exit deals and return cash to investors to prove it still has strong dealmaking operations
Morgan Stanley’s Musk whisperer returns
Michael Grimes is back after a stint in the Trump administration
Betrayal — Romola Garai and Shaun Evans bring star quality to new spy thriller
The ITV series about an intelligence officer focuses on the emotional cost of secrecy
Obesity linked to 70% higher chance of contracting serious infectious disease
Lancet study shows that being very overweight runs risk of hospitalisation from diseases including flu and pneumonia
How Santander took a $12bn gamble on cracking the US
While many European banks have a poor record in the US, the Spanish lender believes its Webster Financial deal is different
Investors sour on listed credit funds over AI hit to software sector
Business Development Companies’ bonds and equity have fallen sharply this year
Timing of England’s school holidays is ‘pretty bizarre’, says Ofsted head
Martyn Oliver calls for debate on long summer break and whether it is sensible to sit exams during hotter months
Russian army casualties in Ukraine surge
Rising number of men killed or missing in action makes a military breakthrough for Moscow less likely, officials say
Investors pour billions into Europe’s AI and defence start-ups
Soaring valuations as venture capital flows to groups tied to continent’s security and economic sovereignty
Britain is falling behind in the European space race
The potential sale of the Scottish rocket start-up Orbex shows the gap between rhetoric and reality
Top bosses depart Canadian pension fund after Thames Water fiasco
Senior directors leave after losses on UK utility and souring of another European investment
EU must reform ‘obsolete’ emissions trading system, warns BASF boss
Executives in heavy industry voice fear planned phaseout of free allowances will lead to prohibitively high costs
Is this the way the world ends?
Romantic relationships with AI models will not heal the disconnect between young men and women
I love wrinkles (as long as they’re not mine)
Staying age-positive in the era of the “forever 35” face
Subletting platforms are on the rise: win-win or lose-lose?
New portals to help ‘Generation Renters’ who want — or need — to monetise their property are springing up, often cutting through red tape. But not everyone is on board
What fast food’s downturn says about the US economy
Restaurants have raised prices to offset rising labour and ingredient costs, leading low-income customers to visit less often