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New York Times activist could be good news for investors

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The newspaper is a rare example of a publicly listed media group that has performed decently for shareholders

Trump urges judge to deny Lisa Cook’s appeal to remain at Fed

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Federal court hears argument against US president’s firing of central bank governor

Stockpickers: Hochschild Mining, Boohoo, Bunzl

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Our experts discuss which companies to buy, sell or hold this week

Farage, flags and the ghosts of Labour’s past

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What’s haunting Starmer for the new term?

Court of Appeal overturns Epping hotel asylum seeker ban

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Ruling staves off immediate crisis for UK government but risks fuelling local backlash

Canada’s GDP shrinks more than expected as Trump’s tariffs hit

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Economy contracted 1.6% in second quarter as exports to the US slumped

BYD misses quarterly earnings forecasts due to supplier payments crackdown

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Chinese carmaker’s revenues also affected by Beijing’s campaign against discounting which has cooled EV price war

Indian rupee tumbles to new low on Trump tariff concerns

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Stronger than forecast GDP in April to June quarter seen as cushion ahead of expected growth hit from trade war

Empty Vessel — a narrative of neoliberalism stretched beyond plausibility

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Ian Kumekawa tells the tale of the global economy through the journeys of a single Swedish-built barge

The mysterious, massively lucrative, multibillion-dollar ARKK trade

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Hot IPO, meet the ETF creation-redemption magic

Zuckerberg’s AI hires disrupt Meta with swift exits and threats to leave

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Longtime acolytes are sidelined as Big Tech chief directs biggest leadership reorganisation in two decades

Ambani says he will list Indian mobile network Jio next year

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Reliance Industries chair tells shareholders ‘all arrangements’ being made for IPO

Thai court dismisses prime minister over call with Cambodian ‘uncle’

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Constitutional court removes premier Paetongtarn Shinawatra in blow to powerful political clan

Indonesia’s president calls for calm as protests mount

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Anger increases after motorbike taxi driver dies

Ribera demands ‘meaningful’ EU action on Gaza as ‘time is running out’

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Also in this newsletter: Brussels closes in on finalising Mercosur trade deal

Ciao bello: masters of the universe move to Milan

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Plus, an ad giant scales down and Bain Capital’s healthcare dealmaking drive

Stand up to Trump on Big Tech, says EU antitrust chief

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Bloc must be prepared to walk away from trade deal with US if it retaliates against Brussels’ digital laws, warns Teresa Ribera

China’s ‘big five’ banks pressured by consumer woes

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Slower economic growth and stagnant wages have knocked confidence and lending

Could Singapore’s GIC actually be the world’s largest sovereign wealth fund?

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Playing some SWF Sudoku

Investors bet on Cambricon to be China’s next AI champion

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The young chipmaker has software advantages over much larger rival Huawei as it aids Beijing’s race for tech self-sufficiency

Singapore, UAE and other small nations to launch trade partnership

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WTO members seek to boost ‘trade openness’ in era of Donald Trump’s protectionism

America’s new ‘patriotic’ capitalism

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In the land of the (supposedly) free markets, government stakes and price controls are met with silence on Wall Street

Why progressives should care about falling birth rates

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Falling fertility levels are making the world more conservative, and may harm rather than help the planet

How long can Airbus keep its edge over Boeing?

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As its US rival has stumbled, the company has established a lead in the market for commercial single-aisle aircraft. But both are eyeing Chinese competition

Pakistan baffled by Trump’s claim of ‘massive oil reserves’

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Analysts question US president’s pursuit of natural resource deals

Egypt bets on Tutankhamun for tourism revival

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Massive museum celebrating the pharaohs set to fuel recovery from economic shock following Gaza war

India taps homegrown digital payments network to widen access to credit

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Infrastructure will let banks deliver short-term loans more easily but encouraging take-up could prove difficult

Milan’s expat ‘explosion’ brings new buzz to Italy’s financial centre

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Favourable tax regime is drawing wealthy newcomers and changing the city’s dynamic

LetterOne sets aside $300mn as sanctions on founders block dividend payments

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Russian oligarchs Mikhail Fridman and Petr Aven are ineligible for payouts from the investment firm

Investors remain chipper about Nvidia

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Shares in world’s most valuable company stay steady despite an opaque third-quarter outlook

European imports of Asian jet fuel hit record during peak summer season

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Chinese refineries step up trade to the west as country shifts to electric vehicles

McKinsey’s Vivek Pandit: India’s GDP growth at risk without Trump trade deal

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Consultancy’s private equity boss on whether the country has ‘arrived’ and growth opportunities

City fears mount that Budget will target banks to help fill £20bn fiscal hole

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A tax raid on lenders would damage the government’s growth agenda, executives warn

Fed official says he could back jumbo rate cut if US economy weakens sharply

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Central bank governor says August jobs report will be pivotal in setting direction of monetary policy

Canada struggles to ease Trump tariffs despite Carney concessions

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Prime minister’s praise of US president and decision to scrap levies on American goods fails to win deal

US health agency leadership turmoil gives Kennedy the upper hand

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Battle for control of the CDC follows rising tension over health secretary’s position on vaccines

Trump hits small packages with fresh tariffs as duty-free exemption ends

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New levies on parcels worth less than $800 mark latest salvo in US president’s trade wars

FirstFT: Fed’s Lisa Cook sues Trump over effort to fire her

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Also in today’s newsletter, Singapore’s crackdown on e-cigarettes, and Japan’s Dentsu explores sale of international business

Israel launches air strikes and ground raid near Damascus

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Increase in attacks in Syria comes despite talks aimed at easing hostilities

Lisa Cook, the Federal Reserve governor battling Donald Trump

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Economist’s legal showdown with the president will have sweeping implications for the US central bank

US warns China-linked groups may be laundering billions for Mexican cartels

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Treasury urges US banks to be vigilant to avoid being drawn into such schemes

Brazil raids cartel’s alleged multibillion-dollar money laundering scheme

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Officials said the Primeiro Comando da Capital drug gang was at the root of the racket

Trump-Intel deal designed to block sale of chipmaking unit, CFO says

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US chipmaker has faced pressure to sell lossmaking foundry business struggling to compete with TSMC

UN votes to end Lebanon peacekeeping mission after US push

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Security council voted to withdraw force at the end of 2026 after pressure from Washington

China gains from Trump’s alienation of India

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America’s unpredictability risks pushing New Delhi and Beijing closer together

Former CEO and chair of Ladbrokes owner charged with bribery

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Crown Prosecution Service charges 11 individuals following a probe into Turkish activity of gambling group

Germany’s national security council isn’t up to the task

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Berlin’s rearmament drive is vital but its new defence advisory body pales in comparison to its US counterpart

British farmers brace for another disappointing harvest

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Dry weather hits yields just a year after record rainfall led to the second-worst year for crops since modern records began

Trump envoy admits calling Lebanese journalists ‘animalistic’ was ‘inappropriate’

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Tom Barrack’s comments overshadowed trip aimed at discussing Hizbollah disarmament

Trump is oblivious to Europe’s history

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The US president’s indifference to the past blinds him to Russia’s intentions in Ukraine