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[EN] Financial Times

Heathrow can raise airline fees to pay for third runway bid, regulator says

Civil Aviation Authority’s draft decision comes despite criticism from carriers over airport’s expansion project

Starmer accused of scapegoating officials over Mandelson scandal

UK prime minister fends off calls to quit in chastening House of Commons debate

Trump’s call to deregulate psychedelics boosts drugmakers’ shares

Stock in UK-based Compass Pathways jumps to highest level in two years following president’s executive order

US Export-Import Bank boosts energy lending during Iran conflict

Trade finance agency ‘inundated’ with requests to support US oil and gas exports, says president John Jovanovic

William Hill’s owner can squeeze extra winnings from its suitor

A bid for owner Evoke sounds generous, but cost cuts might boost returns further

Kevin Warsh to say Fed independence not threatened by political pressure

Donald Trump’s pick for chair will tell powerful Senate committee that central bank must ‘stay in its lane’

Merz and Commerzbank attack Orcel’s ‘hostile tactics’ as takeover battle escalates

UniCredit chief says German lender risks becoming ‘increasingly unfit’ for rapidly changing banking market

Stolen rare books returned to Whitney heirs decades after theft

Trove including work by John Keats and Oscar Wilde will be auctioned by family for charity in New York

The Mandelson fiasco reveals the true nature of Starmerism

This is a prime minister who does not understand the difficult trade-offs involved in governing

Starmer feels MPs’ fury as Mandelson fallout widens

Labour MPs question their leader’s judgment but still lack consensus on whether to oust him after local elections

Brad Jacobs’ QXO takes a high-speed approach to permanent capital

Billionaire investor’s acquisition vehicle has struck its third major building products deal in a year, spending $30bn in total

US oil refiners reap windfall from Iran war

Soaring fuel prices and access to cheap North American crude oil put American refiners in pole position

Revamping EU merger rules is not a cure-all

A bigger priority is completing the single market and streamlining corporate law

America’s coming revolt is in the ‘wired belt’

Anger in the rust belt propelled Trump to victory — the rage of suburban knowledge workers will drive the AI backlash

Trump’s social media posts have transformed oil trading, says Citadel

Hedge fund’s commodities head says traders are struggling to adjust to volatility sparked by president’s frequent messages

The European right is pivoting away from America

Electoral logic is driving a shift as polls lay bare European disgust at the US administration

Sex, lies and the trials of being Gen Z — the best new debut novels

Witty, observant and wildly original stories explore the difficulties of modern dating, dark goings-on in 1950s Chelsea — and a dog’s-eye view of the world

Shares in data centre hopeful Fermi plunge as top executives quit

Company co-founded by former Trump energy secretary beset by setbacks including loss of $150mn Amazon investment

Gaza reconstruction to cost more than $70bn, officials say

First damage assessment since US-backed ceasefire comes as progress on peace plan stalls during Iran war

Reform UK vows to deport hundreds of thousands of refugees

Nigel Farage’s party has looked to Donald Trump’s immigration crackdown as a model

Mandelson scandal as it happened: Starmer says ‘deliberate decision’ made to withhold vetting information from him

Prime minister fends off calls to resign as he addresses the House of Commons

Washington-backed rare earth group to buy Brazilian miner for $2.8bn

USA Rare Earth’s deal for Serra Verde highlights America’s push to secure access to critical minerals

ENRC sues for more than $168mn over botched SFO investigation

Kazakh miner seeks compensation after UK fraud agency’s probe that closed in 2023

World’s most valuable chess score sheets sold at Sotheby’s for £140,800

Player records of the Fischer vs Spassky ‘Match of the Century’ come from the collection of match arbiter Lothar Schmid