Schroders agrees £9.9bn takeover by US investment manager Nuveen
Deal would end the independence of one of the City of London’s most historic names
Nvidia’s trillion-dollar dinner and a fight for AI users in China
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
UK economy undershot expectations to grow by 0.1% in final quarter of 2025
Figure caps year of lacklustre growth marked by trade shocks
Sanofi replaces chief Paul Hudson with Merck executive
French drugmaker says incoming boss Belén Garijo will bring ‘increased rigour’
Mercedes-Benz profits halve as Chinese rivals challenge foreign brands
Sales dropped 9.2% in 2025, led by a 19% fall in China
Toyota bets on Kenta Kon’s financial discipline to survive EV onslaught
Incoming chief executive vows to eliminate ‘any wasteful penny’ in battle with Chinese rival carmakers
Reason for hope on jobs
Green shoots are in cyclical sectors
EU leaders gather as industry demands competitiveness fix
Also in this newsletter: Nato launches ‘Arctic Sentry’ in bid to appease US over Greenland
FTAV’s further reading
Side hustles; China; safe assets; renewables; Instagram; Gallup; and blurring
ANZ shares soar as Matos’s cost-cutting shows early promise
Australian bank’s stock rises as much as 10% after strong quarterly results under former HSBC executive
FirstFT: Epstein trustee document contradicts Jes Staley’s testimony
Also in today’s newsletter: Microsoft plots AI ‘self-sufficiency’ and Iran nuclear talks
Transcript: The predator in the Oval Office
Gideon Rachman talks to Stephen Walt
Private equity’s doomsdAI moment
As AI threatens the software sector, some private capital groups face a reckoning
Transcript: A wacky US jobs report
Marc Filippino speaks to Myles McCormick and Andres Schipani
The Unlikely Pilgrimage of Harold Fry — warm-hearted musical is a moving and hopeful journey
This touching production at London’s Theatre Royal Haymarket gains potency from its communal setting
EU needs a ‘big bang’ on regulation, says top official
European Council president António Costa blames national capitals for inertia that has left economy trailing China
Picking through $1tn of hedge funds with universities attached
Well endowed
US and Iran showing flexibility on nuclear deal, says top Turkish diplomat
Hakan Fidan tells FT that broadening talks to ballistic missiles would bring ‘nothing but another war’
The WhatsApp moment for money is here
This is the year that stablecoins are becoming part of the mainstream for online and international payments
Does the weight-loss revolution show up in the data?
Slimming the world is a slow business
The real Greenspan lesson for Warsh on inflation
Those calling for the Fed to cut rates should look again at the relationship between prices and productivity growth
Trump prompts global surge in people viewing US as a threat
Poll for Munich Security Conference shows sharp rise in Canadians and others perceiving peril from Washington
From Spitfires to drones: the UK defence tech cluster harnessing its industrial past
Having made WW2 fighter planes, Honda cars and trains, the English town of Swindon is now emerging as a hub for drones
Four partners leave EY after independence rule breach on Shell audit
Big Four firm set to be replaced by PwC on lucrative contract after compliance error