FT News Briefing

BCG tries to limit Gaza work fallout

EU negotiators are closing in on a trade deal with Donald Trump that would cement higher tariffs than those granted to the UK, and Boston Consulting Group’s chief executive said the group’s involvement with a postwar plan for Gaza had been “reputa…

Liechtenstein's zombie-trust apocalypse

US President Donald Trump extended tariff deadlines, and Liechtenstein’s trust industry is in a crisis spurred by American sanctions against Russia. Plus, Shein filed for an initial public offering in Hong Kong, and Elon Musk is trying to sav…

US stocks: rally or overcorrection?

The S&P 500 is up more than 20 per cent since mid-April

The cost of Trump’s ‘big, beautiful bill’

Donald Trump has secured passage of his flagship tax and spending legislation and the US jobs market exceeded expectations last month. Plus, the future of the UK’s National Health Service could be in jeopardy, and Hong Kong residents cancel trips …

The mad dash for trade deals

US trade officials are seeking narrower deals before Trump’s tariffs come back

Hong Kong’s bull run leaves China in the dust

The UK government passed its welfare reform bill after making concessions, and Hong Kong’s stocks are beating out mainland China’s. Plus, Eurozone inflation rises to 2 per cent, and Europe turns to France to process rare earths.…

Rise of the neobank

After abandoning its IPO plans, fintech Klarna transforms its business model

US banks are hungry for deals

Regulators in Washington want to encourage more consolidation in the banking industry

Labour MPs rebel against UK welfare reform

Labour MPs revolt against Keir Starmer over proposed cuts

Why markets are unfazed by the Middle East conflict

Nato members decided on increased defence spending, the Federal Reserve is planning on cutting capital requirements for America’s biggest banks, and accounting firms are ready to open up to public markets. Plus, why US stocks are unfazed by the Is…