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The Latest Breaking News from FT

New regime over Hormuz? How Iran seeks to tighten control after US peace deal

Iran's new Strait Authority is mandating insurance for ships in the Strait of Hormuz, raising fears of future passage fees. While currently free, this move follows a 60-day interim agreement to restore traffic. Observers suggest Iran is establishing a new regulatory framework, potentially challenging international maritime law. Discussions with Oman…

The Times of India

Air India at a crossroads as Tata weighs Nipun Aggarwal, Vinod Kannan for next CEO, says report

Air India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders to steer the airline through turbulent times. Aggarwal, a key figure in its transformation, faces scrutiny over global experience, while Kannan brings proven leadership from Vistara. The decision, however, is complicated by internal power…

The Economic Times

Burnham brings in top economists before possible leadership run

Labour mayor giving advisory roles to ex-Bank of England economist and others seen as attempt to reassure markets

The Guardian - UK

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$6 billion double dhamaka coming: Jio and NSE likely to file for India's biggest IPOs this week

Reliance Jio and the National Stock Exchange are poised to file draft IPO papers this week, targeting a combined fundraising of approximately $6 billion. Jio's expected $4 billion offering could become India's largest listing, while NSE's filing aims to revive market sentiment after years of delays.

The Economic Times

Trump's interim Iran deal eases immediate crisis but leaves major hurdles ahead

A preliminary deal to end the Middle East war has been signed by the US and Iran. This agreement extends a ceasefire and reopens the Strait of Hormuz. Shippers, however, express caution, expecting weeks for confidence to return. Key issues like Iran's nuclear program remain for future talks.

The Economic Times

Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FT

Shipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement is deemed substantial. Shipowners need assurance that the deal translates into tangible safety improvements in the Strait. This will allow shipping lines to proceed with confidence through the vital…

The Economic Times

BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and why

BBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider plan to reduce spending by £500 million over the next two years. The broadcaster's news division is expected to be among the hardest hit, with…

The Economic Times

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Does your baby have a pension yet? If not, why not?

Parents are being encouraged to give kids their own ‘self-invested personal pension’. But where’s the money coming from? Fifteen million of us aren’t saving enough for our own retirement, says Emma Beddington

The Guardian - UK

CLSA set to vanish as brand after 40 years in Asian brokerage: Report

Hong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and strong presence across Asian financial markets. The move reflects Citic's effort to integrate CLSA more closely into its institutional framework.

The Economic Times

Left, right and centre – I see all strands of the Labour tribe pulling together in Makerfield. This is bigger than Burnham

Everyone here knows this is a sliding doors moment. A win could be a new beginning for the party, a loss an unimaginable calamity, says Guardian columnist Polly Toynbee

The Guardian - UK

'Trump Himself Is the Embarrassing Moment': Internet Explodes as POTUS Loses Control of Middle East Conflict

Donald Trump faces criticism after claiming he 'calls the shots' in the Middle East, as Israeli forces reportedly defy his plea not to hit back at Iran and online commentators accuse him of being 'humiliated on the world stage'.

International Business Times UK

Meta weighs big equity raising to finance AI infrastructure: FT

The report comes after Alphabet ‌moved to ⁠raise $84.75 billion ⁠in upsized equity offerings, as Big Tech competes to build data centers and capitalize on growing demand for AI.

The Economic Times

Labour MP sues Elon Musk’s xAI company over fake sexualised images

Jess Asato was portrayed wearing a bikini in Grok-generated images after she criticised creation of such non-consensual pictures

The Guardian - UK

US in talks to expand nuclear weapons deployments in Europe

America is considering placing nuclear weapons in more European NATO countries. This move would involve additional nations hosting dual-capable aircraft. Countries on NATO's eastern flank, like Poland and Baltic states, have shown interest. Discussions are ongoing within NATO channels. The White House and Pentagon have not yet commented on the…

The Economic Times

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Bangkok Post

US in talks to expand nuclear weapons deployments in Europe, FT says

BENGALURU — The United States is discussing whether to deploy nuclear ‌weapons in additional North Atlantic Treaty Organisation (Nato) states in Europe, the Financial Times ( FT ) reported on Tuesday.

PC Gamer

Amazon bins an internal AI leaderboard for its Kiro employees, because they were burning through too many costly tokens

Sorry, my bad. It's been 'deprecated'.

The Times of India

Eliminating language, culture & faith: Xi's repression of Uyghurs enters new phase

China's Xinjiang crackdown shifts focus from camps to identity, language, and religion. Despite claims of re-education graduates, a vast network of prisons, surveillance, and boarding schools persists. Uyghur culture faces suppression through education and labor programs, sparking renewed international concern over alleged crimes against humanity.

TechRadar

EU to back European alternatives to US dominated software and services in major push for ‘tech sovereignty’

European Commission reportedly preparing to back EU software vendors even more by stamping out fakes.

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news in one place.

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France 24

Trump Board of Peace's official Gaza fund is empty despite billions pledged, source says

Four months after its creation, the Gaza reconstruction fund of US President Donald Trump's so-called Board of Peace has yet to receive any of the billions of dollars pledged by donor countries. Israel has continued to carry out strikes across the devastated Palestinian territory despite a US-backed ceasefire, killing at…

Euronews

Trump Board of Peace's official Gaza reconstruction fund is empty, source says

The board is unambiguously led not just by the United States but by Trump personally, who holds the final say and can remain in charge past his presidency.

The Times of India

Trump’s Board of Peace fund empty, donations routed to JPMorgan account lacking 'transparency requirements'

Donald Trump's Board of Peace, established to aid Gaza's reconstruction, has received zero dollars in its official fund despite billions pledged by member nations. Donations are reportedly being directed to a JPMorgan account lacking independent transparency requirements, impacting plans for a US-backed Palestinian administration.

The Economic Times

Has China eaten Europe's lunch? A Brussels-Beijing battle is brewing

Europe is adopting a tougher stance against China's industrial practices. A new strategy aims to protect European industries from unfair competition and overcapacity. Several EU nations are pushing for stronger trade measures. This shift reflects a growing fear of deindustrialization and a desire for strategic autonomy. The EU is increasingly…

The Guardian - UK

Monday briefing: Why public patience with privatisation has finally run out

In today’s newsletter: Decades after the great privatisation experiment, voters are questioning who utilities really serve, and Labour’s cautious approach is wearing thin

The Economic Times

Uber weighs higher bid for Delivery Hero: FT

Uber's board met to discuss increasing its offer for Delivery Hero after a major shareholder rejected a bid valuing the German firm at over 11.5 billion euros. Uber CEO Dara Khosrowshahi previously offered 33 euros per share, but a larger shareholder was rebuffed with a 38 euros per share proposal.

The National (Scotland)

'I was hacked by Russia', Nigel Farage claims amid investigation into secret £5m gift

NIGEL Farage has claimed that his phone was hacked by the Russian state, who then gave the media details of a secret £5 million gift from a…

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