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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour will on Tuesday propose to toughen a planned crackdown on tax perks enjoyed by “non-doms” living in the UK, alongside a wider effort to tighten compliance, as the party seeks to plug a hole

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s biggest chipmaker, Taiwan Semiconductor Manufacturing Co, has agreed to make its most advanced products in Arizona from 2028, in a boost to White House efforts to bring semiconductor production on to home soil.

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. President Joe Biden will warn China about its increasingly aggressive activity in the South China Sea this week during summits with Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. Two senior US

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US, UK and Australia are to begin talks on bringing new members into Aukus as Washington pushes for Japan to be involved in the security pact aimed as a deterrent against China.  The Aukus

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden has almost $100mn more in his election war chest than Donald Trump, the president’s campaign has said, giving him a big money lead over his rival seven months ahead of the election. Biden

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water’s parent company has sent a formal notice to bondholders informing them that it has defaulted on its debt, firing the starting gun on a potentially messy restructuring at the owner of Britain’s largest

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Biden administration is drawing up plans to require goods produced in Jewish settlements in the occupied West Bank to be clearly labelled as coming from there, according to US officials, another sign of White

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden has warned Benjamin Netanyahu that US support for Israel’s war in Gaza depended on its efforts to address the humanitarian suffering in the enclave, as he called for an “immediate ceasefire” in the

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is chief executive of Google and Alphabet  Last year saw rapid and significant technological change powered by progress in artificial intelligence. Millions of people are now using AI tools to learn new things,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google is working on the biggest shake-up of its search business by charging for new “premium” features powered by generative artificial intelligence, the first time it would put any of its core product behind a

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Venture capitalists are struggling to raise money, signalling the end of an era of “megafunds” and a slowdown in start-up dealmaking over the coming years. Globally, venture firms raised $30.4bn from university endowments, foundations and

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Nato is drawing up plans to secure a five-year military aid package of up to $100bn, in a bid to shield Ukraine from “winds of political change” that could usher in a second Trump

Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. A group of 3,000 private equity dealmakers shared an annual carried interest windfall of about £5bn in the 2022 tax year, highlighting the large sums at stake in the UK debate over how these payouts

Three senior members of Iran’s Revolutionary Guards were killed on Monday in an air strike on the consular section of Iran’s embassy in Damascus, an attack that Tehran has blamed on Israel.  The death of Brigadier General Mohammad-Reza Zahedi, a prominent commander of the Revolutionary Guards, marks a significant escalation in hostilities that have engulfed

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Companies are rushing to meet their financing needs before the US election this year, in a bid to get ahead of potential market volatility in the final stages of the presidential race. Corporate borrowers have

The surge of money flooding into artificial intelligence has resulted in some crypto-like hype that is obscuring the incredible scientific progress in the field, according to Demis Hassabis, co-founder of DeepMind. The chief executive of Google’s AI research division told the Financial Times that the billions of dollars being poured into generative AI start-ups and

Sky Xu, the intensely private Chinese billionaire founder of fast-fashion group Shein, will be thrust into the spotlight when the ecommerce group, once valued at $100bn, launches its planned listing next year. There is scant information available online about the man whose company’s explosive growth was made possible by the social media age. Shein’s website

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Organisers of the Oxford-Cambridge Boat Race insist the event will go ahead as planned this weekend, despite warnings over high levels of “dangerous” pollution caused by sewage in the river Thames. Campaign group River Action

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ministers have accepted that Thames Water bills will have to rise, as they seek to persuade investors to put more money into the troubled company and stop it sliding towards a politically disastrous nationalisation. Steve