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US Senate narrowly confirms Todd Blanche as US attorney-general
Vote follows tense fight that exposed bipartisan concerns about installing an ally of President Donald Trump
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Recent finance headlines from Financial Times — Home.
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Spain reinstates border controls on Italy as tensions rise over migrants
Decision widens rift between Pedro Sánchez’s government and rightwing Italian premier Giorgia Meloni
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ByteDance targets mega AI model nearing Anthropic’s Mythos
TikTok owner training a model three times larger than Moonshot’s Kimi K3
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Billionaire’s financial data group Ion chased by landlords for overdue rent
Group behind Dealogic and Mergermarket made late payments on offices in Sydney, Munich and Connecticut
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Refining crunch keeps fuel prices high as crude retreats
Lost capacity in Russia and the Gulf is a boon to US refiners but a political problem for Donald Trump
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Parents haggle with private schools over fees as VAT pushes up costs
Financial advisers say families now band together to negotiate a group discount for their children as 20% tax rate bites
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Warsh is being misread
The pushback against the Fed chair is unwarranted as he drives much-needed reform
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‘Every dollar is mobile’: California’s rich snap up New Zealand ‘golden visas’
Applications for indefinite right to work, live and study in the country have risen after rules were eased
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Iran says it has reached agreement with Oman on Strait of Hormuz shipping route
Islamic republic is determined to retain a degree of control over the chokepoint
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High-stakes Michigan Democratic Senate primary too close to call
Fewer than 20,000 votes separate centrist congresswoman Haley Stevens and progressive challenger Abdul El-Sayed
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Russian bombardment kills 15 in Kyiv
Ukraine warns Patriot interceptor stocks are running low as retaliatory 40-day air campaign expires
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OpenAI and Anthropic models went rogue in cyber tests, UK watchdog says
AI Security Institute warns tools undertook ‘potentially harmful activity directed at real people and organisations’
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Musk’s SpaceX unnerves investors with lavish AI spending plans
Shares slide in pre-market trading even as group says its quarterly revenues nearly doubled
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BP to sell $4bn US biogas business as profits more than double
UK oil major has had several approaches for its North Sea assets, says chief executive
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Todd Blanche wins backing of senators after scrapping $1.8bn ‘slush fund’
Support of two Republicans paves way for acting US attorney-general to be confirmed in the post
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Team America: Yen police
A puzzling intervention
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Wall Street learns to love blockchain
Financial companies hope to modernise markets with the technology but systemic risks remain
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A digital iron curtain is threatening the global economy
Amid geopolitical barriers that risk slowing progress and trade, Europe can become a trusted connector
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Whatever happened to prudence?
Governments have stopped correcting budget deficits but — so far — bond markets have let them
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Europe’s fire costs this year mount to beyond €3bn, FT analysis shows
Economic toll in worst-hit countries already exceeds official estimate of costs to the bloc over an average year
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Japan vows to intervene again with US over yen if needed
Finance minister Satsuki Katayama confirms joint action with Washington to counter ‘disorderly movements’
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Trump says Iran talks to resume after US called off major attack
Oil falls on signs of de-escalation as Tehran says a deal with Oman to reopen Strait of Hormuz to shipping was close
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AstraZeneca holds talks with Bristol Myers Squibb over $400bn tie-up
Deal would create the world’s fourth-largest drugmaker by market value
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Europe’s weak reaction to Spain’s migrant crisis
Pedro Sánchez is being unfairly singled out for a liberal immigration policy
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America’s biggest companies report ‘rock solid’ profits as consumers face higher costs
S&P 500 groups on track for strongest earnings in five years
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Iran sets the pace in war with Trump
Tehran’s military raised the stakes with Washington by further expanding the battle across the Middle East
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Trump cancels new strikes on Iran after Middle East allies’ request
‘Perimeters of a deal has been agreed to,’ US president claims
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Chinese VC firms rush to raise funds after 3-year drought
Managers capitalise on investors’ desire to ‘hedge’ against US market bets
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Infantino’s U-turn fuels doubts about his future at Fifa
The president of football’s governing body was expected to stand for re-election unopposed, but now criticism is…
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Fifa abandons controversial $20bn stake-sale plan after global backlash
Gianni Infantino says it was ‘clear’ project created divisions not in interest of organisation’s initial objective
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US Treasury undertakes historic intervention in yen market
New York Fed sells euros to buy yen following recent speculation that Tokyo intervened to support Japan’s currency
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Fed dissenters warn of challenges in taming inflation
Three rate-setters rebelled against US central bank’s majority decision to hold rates steady this week
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Burnham says Infantino is ‘wrong man’ to lead Fifa after stake-sale plan
UK prime minister’s intervention raises pressure on Fifa president after resignation of top adviser Carlos Cordeiro
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Apple forecasts slower growth as AI build-out strains tech supply chains
Smartphone revenue rose more than a fifth as rivals struggle
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US economy grew less than expected at 1.5% rate in second quarter
Slowdown comes amid continued impact from Middle East war
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Winner of US-China AI rivalry falls 10% in Hong Kong debut
Shandong-based Innolight supplies data centre equipment to American and Chinese tech groups
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Chinese stocks on track for worst month in decade
Investors pull out of ‘picks and shovels’ suppliers to AI boom
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Kevin Warsh is confusing markets
The Fed is a player, not a referee
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Hedge funds raise bets against US-backed critical minerals companies
Short sellers increase wagers amid concerns that rally had run too far
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How exposed is the UK economy to the second China shock?
Less so than some of its G7 partners but not entirely immune
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Microsoft signs $130bn in data centre leases as it races to meet AI demand
Revenue in tech group’s intelligent cloud segment surges 32% to $39.3bn
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US launches strikes on Iran after Trump vows to deliver ‘beating’
Attack comes day after Tehran launched ballistic missiles at American forces
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Ukraine adapts strikes on Russian energy industry to hit critical components
Kyiv is shifting its long-range drone campaign to keep plants offline for longer
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If you think your profession is dying, it could soon be gone
Younger workers once foresaw the demise of horse-drawn carriages — but anticipating obsolescence can be self-fulfilling
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Can rent controls ever work?
The policy is back in favour with progressives, but critics say it benefits only existing tenants and saps investment
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PwC published ‘thought leadership’ reports marred by AI hallucinations
Big Four consultant is latest firm found to have produced slapdash work while marketing expertise on the technology
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Japan’s Takaichi warns of ‘race against time’ to rescue earthquake survivors
Powerful tremor in Kumamoto prefecture has left at least 13 people dead
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Mark Zuckerberg says US should not ban Chinese AI
Meta chief warns against ‘regulatory capture’ of American rules on the technology
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US says it intercepted ‘surprise’ Iranian missile attack
Incident ends a days-long pause in direct air strikes
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Tech rout roils markets after SK Hynix profits disappoint
South Korean chip giant misses analyst expectations but insists risk of memory oversupply remains ‘limited’
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