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The Latest Breaking News from the Financial Times

Christian Horner Comeback Gathers Pace as Former Red Bull Boss Weighs Possible Return to F1

Christian Horner's return to the F1 paddock at Silverstone fuels speculation about his comeback, with potential roles at Alpine and BYD being explored, though no official position is confirmed yet.

International Business Times UK

Billionaire Ian Wace bought a $2.2 million Scottish island in 2017. Now, his $135 million Tanera Mòr revival has restored 50+ buildings, planted 100,000 trees and rebuilt a lost community

Billionaire hedge fund manager Ian Wace bought Scotland’s remote Tanera Mòr island for about $2.2 million in 2017, when its historic buildings were deteriorating and its population had dwindled. What began as an island purchase has since grown into a $135 million regeneration project, with more than 50 buildings restored,…

The Economic Times

A billionaire bought a dying Scottish island for $2.2 million and spent $135 million bringing it back to life with 100,000 trees, restored homes and new community spaces

When billionaire hedge fund manager Ian Wace bought Tanera Mòr in Scotland's remote Summer Isles in 2017, the 800-acre island had little resemblance to the thriving community it had once been. Its historic buildings had fallen into disrepair, its population had dwindled and much of the land had become overgrown.…

The Times of India

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More Than 400 Former National Security Officials Warn of Trump's Consolidation of Power: 'The Guardrails Were All Taken Down'

Former officials pointed to Trump's use of security clearances and declassified intelligence among their concerns

Latin Times

Investigation raises alarm over uranium in DRC cobalt shipments to China

An investigation by Lighthouse Reports, The Financial Times and Le Monde traces the possible export of uranium from the Democratic Republic of Congo back to a confidential International Atomic Energy Agency memo obtained in 2024. Chinese mining group CMOC, which owns the main site examined in Katanga, disputes the findings.

Radio France Internationale

Trump Says He Took Venezuela's Oil. Here's What Actually Happened.

Trump put Venezuelan revenues in a secretive bank account overseen by the U.S. government. It's a display of the Treasury's unaccountable power.

Reason

Scientists use AI to create viruses that don’t exist in nature for the first time

Scientists have designed and created new viruses using artificial intelligence. These AI-designed bacteriophages successfully replicated and killed E. coli bacteria. This breakthrough marks a significant advancement in synthetic biology and potential medical applications. The technology could aid in developing new treatments for antibiotic-resistant infections.

The Economic Times

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Stocks Settle Lower as Middle East Tensions Rise

The S&P 500 Index ($SPX ) (SPY ) closed down -0.18% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.39%. September E-mini S&P futures (ESU26 ) fell -0.18%, and September E-mini Nasdaq futures...

Barchart

Stocks Waver on Mixed Earnings and Chipmaker Strength

The S&P 500 Index ($SPX ) (SPY ) today is up +0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.26%. September E-mini S&P futures (ESU26 ) are up +0.13%, and September E-mini Nasdaq futures...

Barchart

Andy Burnham to scrap net zero and domestic abuse rules for public contracts

The UK Government is dropping net-zero and domestic abuse criteria as part of its procurement requirements when agreeing contracts with outside…

The National (Scotland)

Trump says US backed Japanese yen in rare currency intervention

President Donald Trump said on Sunday the United States had intervened to support the Japanese yen, describing the move as a "signal of friendship" that would benefit both the US and global economy. The Financial Times reported Washington and Tokyo had jointly backed the yen for the first time in…

France 24

Who Is Nathaniel Cullerton? Married Lawyer Facing Career Ruin After Tiktoker Catches Him Canoodling in Central Park

A viral TikTok video has disrupted the career of Nathaniel Cullerton, a prominent New York lawyer, after footage showed him in a compromising situation, leading to professional and personal fallout.

International Business Times UK

OpenAI Veteran's Hedge Fund Implodes After Wall Street Banks Reduce AI Bet Exposure

Former OpenAI researcher Leopold Aschenbrenner's hedge fund, Situational Awareness, unwinds after steep losses and greater demands for collateral from Goldman Sachs and JPMorgan Chase.

International Business Times

A married lawyer who helped OpenAI beat Elon Musk was caught kissing a 29-year-old colleague; viral video could cost him a multimillion-dollar job

A viral video showing a married New York lawyer kissing a younger colleague in Central Park has reportedly derailed his planned move to another top law firm, putting a multimillion-dollar career opportunity at risk. The clip was recorded by TikTok creator Jay Guapo, who interrupted the pair by saying, "Get…

The Times of India

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The Times of India

eBay to pay $56 million to settle harassment lawsuit brought by US couple

E-commerce company eBay and several former senior executives have agreed to pay $55.7 million to resolve a civil lawsuit filed by a Massachusetts couple who alleged they were targeted in a sustained campaign of harassment and cyberstalking after publishing critical coverage of the company, The Financial Times reported.

International Business Times

How Hedge Funds Made Billions From Forced Buying of SpaceX Shares By Index Funds

Hedge funds made billions after index providers changed their rules to fast-track SpaceX so soon after its IPO, triggering $4.3 billion in forced passive buying.

The Economic Times

Meta's Mark Zuckerberg says US should not block Chinese AI models: FT

In an interview with the newspaper published on Tuesday, Zuckerberg said that banning cutting-edge Chinese AI in the ‌US would not be "an effective solution".

The Guardian - UK

Fifa accused of ‘selling the soul of football’ over $20bn World Cup commercial rights sale plan

Fifa has announced plans to sell a share of its commercial operations to private investors, a deal that would include the media and sponsorship rights of the World Cup

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news in one place.

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International Business Times

Trump Says U.S. Has Sold Over $13 Billion From Venezuelan Oil: "We've Paid For That War Many Times Over"

President Donald Trump said Monday that the United States has sold more than $13 billion worth of Venezuelan oil so far this year following the capture of authoritarian President Nicolas Maduro.

The Economic Times

'How and where to kill Melania Trump?': Iran's Tasnim News Agency releases chilling video targeting US First Lady, tells Barron Trump 'wait for us'

Melania Trump Iran news: An Iran-linked video released by Tasnim News Agency has drawn attention for featuring Melania Trump and Barron Trump, including a chilling message directed at the former first family. The video details "how and where" to kill first lady Melania Trump and comes ahead of Donald Trump's…

The Times of India

Saudi money, Chinese weapons, American patronage: Can Pakistan balance all three?

Pakistan pursues a complex foreign policy balancing China and Saudi Arabia. It also seeks to rebuild ties with Donald Trump's administration. Islamabad attempts to mediate between Washington and Tehran during regional crises. This diplomatic outreach occurs despite significant domestic economic and security issues. Sustaining these ambitions depends on internal stability…

International Business Times UK

Joaquín Castro Accuses Trump Administration of 'Graft' Over Venezuela's Untraced Oil Billions

Democratic congressman Joaquín Castro accuses the Trump administration of mismanaging Venezuelan oil revenue, highlighting a lack of transparency as Venezuela struggles with earthquake recovery and economic challenges.

TechRadar

Xpeng claims China is close to making a Tesla Model Y beater — but my experience suggests it'll fall short for two big reasons

Can Xpeng really beat the Tesla Model Y? After driving both, I have doubts

Benzinga

Trump Administration Weighs Grants for MAGA-Aligned Projects Across Europe: Report

The Donald Trump administration is reportedly preparing grants for MAGA-aligned projects in Europe as it overhauls US foreign aid priorities.

The Times of India

'People will pay because they have to': Trump Media pitches $100,000 monthly fee for faster Truth Social posts

Donald Trump's social media company has discussed charging traders and investors as much as $100,000 a month for faster access to the US president's posts on his Truth Social platform, according to a report by the Financial Times.

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