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
Freed From Desire — how did a Buddhist mantra become a viral football anthem?
Whether at a match or a march, Gala Rizzatto’s enduring 1996 Eurodance hit has come to symbolise jubilation, catharsis and defiance
High share prices are becoming a status symbol
Decline in stock splits suggests dividing share count no longer rules corporate orthodoxy
A slew of summery salad recipes
There is really no excuse to dodge your veggies with this many ideas on the table — and don’t despair, there’s one with fried cheese
Uber stalls European food delivery push as it pursues Delivery Hero takeover
Ride-hailing company will no longer launch in five of its seven planned new markets this year
European space deal to create SpaceX rival draws antitrust claims
Germany’s OHB warns three-way merger would hurt competition, ultimately increasing costs for taxpayers
China cools on overseas publication of scientific research
Policymakers discuss reducing incentives for academics to submit papers to international journals over leak concerns
What’s that smell in the office?
Wall Street banks are among the firms adopting bespoke scents for reasons that remain mysterious
Burnham faces tricky electoral test as Starmer pushes through local government shake-up
Existing ministers argue major overhaul of city boundaries will be vital for his goal of devolving power
Wall Street banks recover in China amid trading boom
China securities units of Goldman Sachs, Morgan Stanley and JPMorgan posted record profits last year
Cider wars brew in the EU as Nordic makers fight relabelling proposal
Sweden, Denmark and Finland resist plan to label flavoured versions ‘cider-based beverages’
Donald Trump defies storms and heatwave to deliver July 4 address
President eulogises forebears and eviscerates enemies at Lincoln Memorial on 250th anniversary of independence
Sunday Number 152: World Puzzle
Iran mourners demand revenge at ayatollah’s funeral
The week-long remembrance is intended to demonstrate public support for the regime
US clean power prices set to soar as AI demand coincides with subsidy cuts
Clean power purchase agreements, favoured by companies like Google and Meta, expected to rise sharply as Biden-era support ends
How BlueCrest’s Michael Platt fell foul of the UK taxman
The billionaire hedge fund manager has a history of making big bets. Not all of them have come off
‘Heat dome’ over eastern US sends electricity prices soaring
More than 800,000 households left without power after storms and temperatures near 40C straining utility grids
Wimbledon: the luxury marketing platform
Also in today’s newsletter: Silverstone’s place on the grid and a Nike recovery update
Trump uses Mount Rushmore speech to warn of ‘communist menace’ in US
President kicked off 250th anniversary events with a preview of a likely line of attack against Democrats in coming elections
America at 250
What does the US see when it looks in the mirror? As a nation of impossible ambition celebrates its founding, a special edition of FT Weekend Magazine asks writers, thinkers and leaders to reflect on the first 250 years