Russia puts Telegram founder Pavel Durov on international wanted list
Kremlin’s fight with messaging app chief escalates as he is charged with ‘facilitating terrorist activities’
Burnham opens door to tax rises to pay for social care overhaul
Prime minister says he wants to avoid people having to sell their homes to pay for care
FTSE 100 hits all-time high as ‘anti-tech’ index shines in global chip rout
Banks and oil companies power UK stocks’ rebound from Iran war sell-off
FirstFT: Mark Zuckerberg says US should not ban Chinese AI
Also in today’s newsletter: Iran launches surprise attack on US forces, and a PwC report riddled with AI-generated errors
Hermès shares drop as investors fret over weak China luxury market
Luxury goods group hit by fall in tourist shopping in the Gulf
Tech rout roils markets after SK Hynix profits disappoint
South Korean chip giant misses analyst expectations but insists risk of memory oversupply remains ‘limited’
BNY to adopt blockchain technology for records in new era for Wall Street
Banks rush to embrace tokenised system blurring the lines between traditional finance and digital asset ecosystem
My perfect white tee: Sofia Coppola, Rick Owens, Edie Campbell and others pick their favourites
HTSI style insiders solve the ultimate wardrobe conundrum
Inflation gauge reboot to ease pressure on Fed to raise interest rates
Updates to official statistics are expected to show prices rising less quickly
Brain fog causes loss of cold game contract on first board of match
Keep assessing options before undertaking ‘obvious’ ruff
NHS England reprimanded over Palantir data access omission
Staff from controversial tech company have been given ‘unlimited access’ to identifiable patient data
Aston Martin defends contentious £550mn debt deal
UK carmaker reports bigger than expected quarterly loss
Asia’s richest man Adani weighs bid for UK’s top port operator
Indian industrialist considers offer for Associated British Ports as two Canadian pension funds prepare to sell stakes
Greggs profits rise despite heatwave and growth worries
Baker has continued its expansion in face of scepticism over UK’s continued appetite for its sausage rolls
What’s up with CCC-rated bond spreads?
Whatcha gon’ do with all that junk
US says it intercepted ‘surprise’ Iranian missile attack
Incident ends a days-long pause in direct air strikes
Burnham has Labour voters’ attention but for how long?
Whether core voters stay onside remains to be seen, while opposition parties’ strategies look unconvincing
Kering’s shares rise 11% after Gucci owner returns to growth
Strong demand for jewellery and eyewear delivers luxury group’s first sales increase in three years
Glencore trading profits double on Middle East turmoil
Swiss energy group reports $3.3bn in first-half earnings at its marketing division
UBS and Deutsche Bank join Wall St rivals in trading-led profit surge
Swiss and German banks post strong results in second quarter
St James’s Place inflows drop as UK pensions tax change looms
Withdrawals at wealth manager increase as people take money from their pension pots
AI isn’t taking jobs, yet
Plus, oil is a problem again
FTAV’s further reading
Hugging Face; AI ingest; gambling; debt; the Borg; The Odyssey; ancient worlds; and boiling
EU crisis chief warns wildfires are a risk from scaling back green agenda
Also in this newsletter: Hungary slows Ukraine’s EU accession despite Orbán’s departure