Standard Chartered to cut almost 8,000 jobs as AI use escalates
Bill Winters says new strategy focuses on replacing ‘lower-value human capital’ in drive for ‘sustainable growth’
Vibe shift, continued
Plus, more on gilts
FTAV’s further reading
Ebola; monpol; inflation; maths; LinkedIn; astronauts
EU braces for fertiliser squeeze triggered by Iran war
Also in this newsletter: Europe lags US and China on access to innovative medicines
FirstFT: Big investors warn of market ‘correction’ risk
Also in today’s newsletter: Xi’s Putin comments and Israel’s land seizure
US interest rates most likely on a prolonged hold
Read the May forecast from the FT’s Monetary Policy Radar team
Trump says he is holding off attack on Iran planned for Tuesday
US president says UAE, Saudi Arabia and Qatar requested Washington suspend operation ‘for two or three days’
Why politicians struggle to read the public on immigration
The government overreacts to popular opinion, which prompts a pendulum swing the other way
Labour’s lack of intellectual rigour has returned to bite it
Starmer and his party failed to do any hard thinking in opposition and they are now paying the price
Lethal Ebola virus outbreak triggers urgent international quest for vaccine
World Health Organization experts will meet to recommend candidate jabs for clinical trials
A $420bn mega-merger for AI’s next-era dominion
‘Data centre alley’ is at the centre of NextEra’s deal with Dominion
Drone start-up Helsing set to mount joint bid for military satellite project
German group to join up with OHB to build satellite constellation with AI to provide surveillance and reconnaissance
Falling — Keeley Hawes stars in old-fashioned melodrama from Adolescence creator Jack Thorne
The quietly powerful Channel 4 show follows Hawes’ nun as she falls for Paapa Essiedu’s priest
Millions of Britons are not saving enough for retirement, warns Pension Commission
Report highlights the ‘stark’ issue of self-employed workers struggling to fund savings for later life
Worries on gilts point to wider bond market vulnerabilities
Rising public debt adds pressure while increased hedge fund trading opens up new fragilities
Astorg’s flagship fundraise struggles as private equity braces for shakeout
Investors reluctant to commit to new fund of French firm that has yet to sell prize asset
Inside the luxury towers behind Manchester’s revival
Salboy, the developer co-founded by the Betfred billionaire Fred Done, has helped to transform the city
JD Vance stakes his claim
In the 2028 battle for the White House, the vice-president may face off against secretary of state Marco Rubio
Google DeepMind’s Demis Hassabis emerges as early Anthropic investor
Nobel laureate’s protégés are raising billions and spreading his influence across the AI industry
The US and China crave hegemony without responsibility
Beijing has yet to step forward to fill the leadership vacuum left by Washington
SpaceX IPO adds air to the Silicon Valley ‘genius bubble’
The biggest one-man brands today benefit from the impression that no cycle can bring them down
Iran stockpiles oil on ageing tankers anchored in the Gulf
Tehran turns to floating storage to keep country’s production going
Belfast Harbour unveils £1.3bn growth plan in bid to rival Dublin
Irish Sea port bets on freight, cruise and offshore wind businesses
When games play you — how the best new indies subvert expectations
‘Titanium Court’ and ‘Forbidden Solitaire’ twist familiar formats to reveal unexpected depths