Blackstone’s QTS ends Virginia data centre project after protests
Proposed campus becomes the latest casualty of growing backlash to the facilities in the US
Lockheed in lead to buy naval tech group Ultra Maritime in $3.5bn deal
Agreement for defence company could be announced as soon as early next week
US economy undershoots forecasts with 57,000 jobs added in June
Hiring slows after 3-month streak of overperformance
Halftime for the markets
What have we learned in the first six months of 2026?
Burnham insists he will be disciplined with UK public finances
Prime minister in waiting says he will stick by Labour’s manifesto promises on tax
Russia unleashes huge bombardment on Kyiv
Attack with 74 missiles and nearly 500 drones follows Zelenskyy’s warning that Moscow was preparing ‘massive strike’
Healthcare group owned by Ardian has its bank accounts seized
Creditors told of investigation into Santé Cie and subsidiaries over dealings with healthcare professionals
Sandwich chain Jersey Mike’s files for IPO as Blackstone eyes windfall
Private equity group targets valuation of up to $12bn for purveyor of cheesesteaks and cold-cut heroes
UK’s culture secretary and department quit X citing concerns over democracy
Move by Lisa Nandy marks first exit of a major cabinet department from the platform
Modi and Takaichi meet in the shadow of Chinese pressure
Japan and India draw closer after falling foul of Beijing’s restrictions on rare earth exports
The faltering engine of Germany’s auto industry
VW is a test of the country’s ability to adapt
Pubs to stay open until 5am for England’s World Cup match
Keir Starmer bows to pressure to allow an all-night party — or wake, depending on the result
The chip rally is tightening tech’s grip on Wall Street
AI spending frenzy has powered a semiconductor surge
Apollo struggles to sell Hispanic grocer after US immigration raids hit sales
Investors and analysts say customers’ fear of Trump’s deportation campaign weakened the private equity-owned chain
Teenage rapists given stricter sentence after public outcry
Boys handed a four-year detention sentence after attorney-general’s referral to the Court of Appeal
Spotify deletes streams of chart-topping song after suspicious Kalshi bets
Platform removes more than 500,000 streams of Malcolm Todd track ‘Earrings’ on concern traders propelled it to number 1
Vatican schism puts Maga Catholics under pressure
Pope Leo excommunicates ultra-conservative bishops whose views resonate with parts of the US right
FCA criticises investment firms for unintelligible disclosure documents
UK financial watchdog also bans ‘double-dipping’ as it pushes to improve treatment of customers
On America’s 250th, remember your Adam Smith . . .
The ground is fertile for a renewal of the commitment to free markets and free people
Altman’s AI safety proposal: let us win, or everybody loses
A US-led world order would hand a big advantage to an American oligopoly that includes his own company
Is university worth it? You asked, Isabel Berwick answered
The FT’s Working It editor replied to reader questions
Six films to watch this week
Mid-life sex comedy ‘The Invite’ has an all-star ensemble; ‘Nirvanna the Band the Show the Movie’ is a lo-fi ‘Back to the Future’ for failed rockers; ‘Birds of War’ documents a love story shaped by war; ‘Supergirl’ brings attitude to the summer blockbuster; five stars for family drama ‘Blue Heron’;
Birds of War — a real-life love story shaped by war and revolution
A documentary about two journalists captures the complexity of the Middle East and the wonder of the human heart
Morgan McSweeney: ‘I felt guilty about what I’d done to Keir’
The former chief adviser to Keir Starmer forced out of his job over the Mandelson scandal talks for the first time about what went wrong