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Ukrainian President Volodymyr Zelenskyy has rejected a US bid to take ownership of around 50 per cent of the rights to his country’s rare earth minerals and is trying to negotiate a better deal, according to several people familiar with the matter. Treasury Secretary Scott Bessent offered Zelenskyy the deal during a visit to Kyiv

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. The Magnificent Seven club of giant tech stocks has lost some of its lustre as investors sell shares in groups that have dominated Wall Street in recent years. Apple, Microsoft, Google parent Alphabet, Amazon, Tesla,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hedge fund Citadel has made a £305mn bet against drugmaker GSK, the biggest short position against the company in more than a decade. Billionaire Ken Griffin’s hedge fund disclosed that it had entered the net

Show video info JD Vance has said Europe’s “threat from within” is graver than that posed by Russia and China in a confrontational speech that hit out at alleged infringements of democracy and provoked a furious response from the continent’s officials. In an address to the Munich Security Conference, the US vice-president criticised the cancellation

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world European states are working with Arab allies to urgently devise a Gaza plan to present to Donald Trump as an alternative to his proposal for the strip to be emptied of Palestinians and

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prospective undergraduate students are turning to engineering courses in increasing numbers while shunning teaching and nursing degrees, according to the UK’s university admissions service. Data published by Ucas on Thursday showed almost 217,000 applications were

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Alexander Vinnik, a Russian who operated cryptocurrency platform BTC-e, is to be released as part of the exchange that freed American teacher Marc Fogel, according to a US official. Vinnik, who was arrested

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer was permanent secretary of the Department for International Development from 2008-2011 and is leading a review of international development for the UK government The wanton destruction of the US Agency for

Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. Recruiters are reporting the toughest conditions in the British jobs market since the Covid-19 pandemic, with no sign of employers regaining confidence to hire following Rachel Reeves’ tax-raising Budget in October.  A monthly survey by

Kash Patel, Donald Trump’s nominee for FBI director, has come under scrutiny over his business ties, including holding stock in a group that owns Shein, the Chinese fast-fashion retailer accused of using forced labour. Patel stated in a financial disclosure form that he held $1mn-$5mn worth of shares in Elite Depot, a Cayman Islands group

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US President Donald Trump has temporarily paused measures to close a tariff exemption on low-cost shipments from China while officials figure out how to tax the millions of packages that arrive in the US every

Donald Trump’s new cryptocurrency has sparked a flood of imitators, leading to warnings that investors risk being duped. More than 700 copycat and spam coins have been sent to Trump’s digital wallet by people apparently seeking to suggest their creations have his endorsement, according to a Financial Times analysis. It comes after the president and

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has told lawmakers he wants to end the special tax treatment of private equity and hedge fund profits known as “carried interest”, setting up a potential clash with America’s wealthiest financiers.

Trade tariffs are widening the divergence in monetary policy paths between the US and Europe, according to some economists. Daniele Antonucci, chief investment officer of Quintet Private Bank, said that, given “divergent economic trajectories”, the Bank of England had more incentive to cut in the near term than its US counterpart. The bank would probably

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s plans for the US to take over Gaza have been met with anger and dismay across the Arab world, and raised fears of reigniting conflict in the region. The US president

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s 25 per cent tariffs on Canada’s and Mexico’s exports, along with the 10 per cent tariff on China’s, change the world. This is true even though tariffs on the first two

A new wave of economic nationalism has swept across Canada as Donald Trump’s tariffs inspire anger but also a patriotic campaign to “Buy Canadian”. ‘Made in Canada’ signs have popped up in grocery stores, lists of Canadian alternatives to US products are being circulated and comedians are devoting skits on national television to how best

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The EU has said it regrets US President Donald Trump’s decision to hit Canada, Mexico and China with sweeping tariffs, and said it would respond firmly if a threat to expand the trade

Donald Trump has long declared himself a “tariff man” willing to impose sweeping levies on imports from countries that have hurt America. But on Saturday, the 78-year old US president took the first dramatic step of his second term towards putting that vision into practice — placing trade wars and economic nationalism at the top

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Canada’s former finance minister Chrystia Freeland has said Ottawa should retaliate to any US tariffs by adding huge levies on Tesla vehicles to punish Elon Musk, one of Donald Trump’s “billionaire buddies”. Freeland,