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The Latest Breaking News from FT

Bank shares rise after reports they will be spared tax hike amid growth mission

Banks were thought to have been in the firing line through a potential increase to the bank levy.

Evening Standard

Zelenskyy says Ukraine ready to move forward with US plan and discuss ‘sensitive points’ with Trump - as it happened

Ukrainian leader says that talks should also include European allies; Trump says deal is close

The Guardian - UK

Major insurers move to avoid liability for AI lawsuits as multi-billion dollar risks emerge — Recent public incidents have lead to costly repercussions

Major insurers are moving to ring-fence their exposure to artificial intelligence failures, after a run of costly and highly public incidents pushed concerns about systemic, correlated losses.

Tom’s Hardware

From analysis to the latest developments in health,
read the most diverse news in one place.

'Let the rich buy their own bikes' – Here's how you responded to a Cycle to Work spending cap proposal

Limit expected to be announced in the government's Autumn Budget next week

Cycling Weekly

Leading law firm cuts London back-office staff as it embraces AI

Clifford Chance makes about 50 roles redundant, and PwC indicates that AI may lead to fewer hirings

The Guardian - UK

What do we know about the reported US-Russian plan to end the Ukraine war?

Full details are not yet clear but 28-point deal is believed to include proposal for Ukraine to hand territory to Russia

The Guardian - UK

Bitcoin price plunges, wipes $1 trillion from value weeks after it hit all-time high — prices now near lowest level for the year, erasing 2025 gains

Bitcoin falls to below $90,000 for the first time in recent months, largely driven by sell-offs by leveraged investors.

Tom’s Hardware

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Apple is ramping up succession plans for CEO Tim Cook and may tap this hardware exec to take over, report says

John Ternus, Apple's senior VP of hardware engineering, could take control of the company as soon as next year, sources told the Financial Times.

Fortune

Treasury won’t cut threshold for higher rate income tax, say sources – UK politics live

Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to £20bn

The Guardian - UK

Rachel Reeves to abandon plans to raise income tax rates in budget

Labour had laid the ground to break a manifesto pledge on taxes for working people but has now made a U-turn

The Guardian - UK

Cameron Winklevoss Digs Up News Report From 2013 To Make A Point About Bitcoin: 'You Will Miss Out On The World's Greatest Opportunities...'

Gemini co-founder Cameron Winklevoss took potshots Sunday at the British daily newspaper Financial Times for its 12-year-old article that predicted Bitcoin (CRYPTO: BTC) would become the next “bubble.”

Benzinga

Putin ‘sidelines’ Russia’s veteran foreign minister after ‘blaming him for collapse of Trump summit’

Putin and Trump were expected to meet in Hungary - until Lavrov spoke with Marco Rubio last month

The Independent UK

"China is going to win the AI race" — NVIDIA CEO makes his boldest claim yet before backtracking hours later

NVIDIA CEO Jensen Huang was recently quoted as saying that China will win the AI race, before clarifying his comment in a separate X post. Was it a slip of the tongue, or was it real foresight?

Windows Central

‘There is no money’: As carbon markets collapse, what happens to the forests they promised to protect?

After it was found most offsets did not represent real carbon reductions, the money dried up. But successful schemes such as Kasigau in Kenya now face a stark future

The Guardian - UK

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Euronews

France may block Shein for childlike sex dolls as it opens Paris store

French authorities warned they may block access to Shein after it emerged that the online fast-fashion giant had been selling sex dolls with a childlike appearance.

Kiplinger

Eight Steps to Help Get You Through the Open Enrollment Jungle at Work

Wondering how to survive open enrollment this year? Arm yourself with these tools to cut through the process and get the best workplace benefits for you.

The Independent UK

Rachel Reeves ‘eyes tax raid on expensive homes’ in crunch Budget

Mansions and other high value houses in Labour chancellor’s sights as she prepares for crucial Budget later this month

PC Gamer

'On a scale of 0-10... the meeting was a 12': The US and China have agreed on a one-year trade truce after Trump's meeting with Xi Jinping, although Nvidia Blackwell wasn't on the table

'Every year, we will review the deal, but I think the deal will go . . . long beyond a year' said Trump.

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news in one place.

100's of premium titles.
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The Guardian - UK

US debt set to soar above Italy and Greece after Trump’s ‘big, beautiful bill’

While the European countries have brought their spending under control, the US president’s tax cuts and defence spending will lead to increased borrowing

Euronews

Moscow's demands have not changed after Trump-Zelenskyy meeting, Kremlin says

The Kremlin has not changed its stance on its territorial demands from Ukraine, Moscow said, rejecting speculation that Russia might have scaled back its terms for a possible ceasefire to end the war.

Benzinga

Trump Family Reportedly $1 Billion In Profit From Crypto Ventures

U.S. president Donald Trump has reportedly built a crypto empire worth more than $1 billion, according to a Financial Times investigation, with family-run ventures spanning memecoins, stablecoins, and tokenized finance.

Fortune

Don’t fear the AI bubble, it’s about to unlock an $8 trillion opportunity, Goldman Sachs says

“Anticipated investment levels are sustainable, although the ultimate AI winners remain less clear,” Goldman says.

International Business Times

US Treasury Chief Accuses China Of Wanting To Hurt World Economy

US Treasury Secretary Scott Bessent slammed Beijing in an interview this week, accusing it of seeking to harm the global economy after China slapped sweeping new export controls in the strategic field of rare earths.

The Guardian - UK

Tuesday briefing: After the hostage release, five questions that will shape Gaza’s future

In today’s newsletter: Wild celebrations on both sides – but prospects for an enduring peace rest on compromises that appear difficult to reach

Benzinga

Pentagon's Critical Mineral Stockpiling Plan Points To Shortage Expectations

The Pentagon is moving to secure a $1 billion stockpile of critical minerals. The Department of Defense is aiming to insulate the U.S. defense supply chains from China’s tightening control of strategic metals.

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