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[EN] Financial Times

Playrix billionaire to fund International Booker Prize

Daria and Dmitri Bukhman, who founded gaming app, to back award for translated fiction

FT Crossword: Number 18,415

White House accelerates plans for AI model standards

Guidance to be announced as soon as next week after government intervention in Anthropic and OpenAI rollouts

Harry Kane’s England heroics show the value of having one true superstar

Thomas Tuchel’s team survive a spirited challenge from DR Congo and will need more quality to beat Mexico

FirstFT: Megadeals drive record $2.8tn in M&A

Also in today’s newsletter: the Chinese carmakers designing AI chips, and new Fed chair vows ‘no changes’ to US central bank independence

Trump made up to $1.4bn in stock purchases in 2025

FT analysis shows US president declared more than 22,000 share transactions last year

KNDS postpones IPO after investors balk at €12bn-plus valuation

Franco-German tank maker says it will wait for ‘more favourable’ market conditions

Shares in Uber-backed Lime climb after it raised $167mn in IPO

Bike and scooter group’s shares were initially priced at $25 in deal underwritten by Goldman Sachs, JPMorgan and Jefferies

AOL and Eventbrite owner Bending Spoons soars 40% on Nasdaq debut

Italian tech group behind Vimeo and Evernote raises $1.68bn in one of Europe’s biggest technology IPOs this year

Mega takeovers drive record $2.8tn in dealmaking

Companies and investors turn to M&A as they adjust to economic shifts driven by the rise of AI

World Bank to phase out China lending

Decision from global development institution follows years of pressure from the Trump administration

US opts not to renew Trump’s trade deal with Mexico and Canada

Washington will instead hold annual reviews on terms of commerce with its biggest trading partners

Supreme Court checks Trump, but empowers the presidency

Despite losses on tariffs and birthright citizenship, the executive has emerged stronger

Zelenskyy urges EU to sanction Russian-owned alumina plant in Ireland

Call on the opening day of Dublin’s EU presidency adds to pressure over Aughinish Alumina smelter

Millennium and Point72 gain as hedge funds rebound from Iran war

Izzy Englander and Steve Cohen’s firms post double-digit returns in first half of year

This is how we can make AI safe for everyone

The labs develop the technology, but citizens and their elected representatives must make the rules

Saks’ retail rebirth depends more on Gucci than Wall Street

Retailer has had to repair not only the balance sheet but also the rift with luxury brands it stocked

Building a better future for Black founders

A growing ecosystem offers education, support and funding for start-ups and scale-ups

By attacking immigrants, South Africa is destroying itself

The latest outbreak of xenophobic violence is a betrayal of the nations that aided its freedom struggle

Syria’s president Sharaa appoints new parliament

New body set to start replacing Assad regime legislation and clearing backlog of bills

Russell Tovey gives a tour de force performance in sweaty-palmed chiller The Guilty

The actor plays a police control room operator in a claustrophobic movie adaptation at London’s Donmar Warehouse

Kevin Warsh confident AI will generate ‘productivity-based growth’

New Fed chair offers thoughts on AI and hints of reform at Sintra while avoiding steer on near-term rate path

Kevin Warsh vows ‘no changes’ to Fed independence

New chair tells central bankers price stability will be focus regardless of potential pressure from White House

Burnham should beware uncanny echoes of the 1930s on defence

The UK’s new plan for military spending does not match up to the risks in an unstable world