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[EN] Financial Times

Robbins says Downing St pressured him to approve Mandelson appointment

Sacked head of Foreign Office said there was ‘dismissive attitude’ to security vetting of former ambassador

Iranian tankers bypass US blockade

Dozens of ships exiting the Gulf include several loaded with Iranian oil

Lufthansa cuts 20,000 flights to save fuel as prices soar

Move comes as European transport ministers gather to discuss plans to prevent region running short of jet fuel

Britain’s prime minister is in power without purpose

Latest Mandelson scandal has left Starmer in limbo until his MPs decide his fate

School economics: Singapore tightens monetary policy as energy shock hits Asia

Macroeconomic objectives

UnitedHealth boosts 2026 earnings guidance after increasing prices

Shares in US healthcare group jump as it steadies itself after turbulent period that led to departure of previous CEO

Senators grill Warsh on independence from Trump and personal wealth

Donald Trump’s pick to lead central bank tells lawmakers independence of rate-setters is not ‘particularly threatened’

City firms relax office-working policies as Tube strikes hit London

Companies including Amazon and JPMorgan have eased requirements as drivers stage two 24-hour walkouts

Oil market has lost a billion barrels due to Iran war, Vitol boss warns

Top energy traders warn of unprecedented hit to global energy supplies

Introducing: The Story of Money

A new video podcast from the FT

Ukraine to restart flows via Russian oil pipeline

Volodymyr Zelenskyy says repairs have been completed after three-month hiatus that jeopardised Kyiv’s financing

Between the River and the Sea — what it means to be Palestinian and Israeli, all at once

Wry and reflective, Yousef Sweid’s one-man show at London’s Royal Court Upstairs offers a nuanced take on identity

Kevin — Aubrey Plaza’s adult-oriented animated comedy has shades of BoJack Horseman

Jason Schwartzman and Whoopi Goldberg lend their voices to the story of a pampered cat who breaks up with his owners

Ofcom to probe Telegram over claims of child sexual abuse material on app

Two teen chat sites are also being separately investigated by online safety watchdog

Downing Street discussed diplomatic role for Starmer aide, says ex-Foreign Office head

Olly Robbins tells MPs he was ‘under strict instruction’ from No 10 not to inform then foreign secretary David Lammy of plan

Apple’s smooth CEO swap is the ultimate corporate status symbol

There are two kinds of companies — those that can do CEO transitions without intense upheaval and those that can’t

UniCredit treads fine line between activism and M&A

Italian bank’s cage-rattling is best understood as a way to break into the cage

CATL claims 6-minute charge and 1,500km range for new electric vehicle batteries

Chinese group also slashes charging time in race against BYD for electric vehicle battery supremacy

Kevin Warsh’s closely watched pitch to become next Fed chair

Also in today’s newsletter, the Middle East’s fragile ceasefire deal nears deadline

Michael Jackson biopic ‘Michael’ is a stilted waxwork of a movie

Antoine Fuqua’s film has bullying, bravura music and a haunting CGI Bubbles but does little to illuminate the man or his genius

VW to export more China-made EVs in global sales drive

Strategy pivot coincides with slowdown and fierce competition in world’s largest automotive market

Taiwan says Chinese pressure forces scrapping of president’s Africa trip

Lai Ching-te’s visit to tiny landlocked Eswatini postponed after neighbours ‘revoked flight permits’

The US cattle industry is eating its own tail

From rising temperatures to water shortages, ranchers need to be thinking about a plan B

Ghost-Eye — Amitav Ghosh’s ambitious novel about climate change and reincarnation

The story of a young girl in 1960s Calcutta who claims to have lived before shows the difficulties of grappling with climate politics in literary fiction