Labour urges Greens to expel candidates who have spread ‘antisemitic hatred’
Criticism of populist leftwing party intensifies ahead of key elections on Thursday
FirstFT: How India’s Narendra Modi revived his political fortunes
Also in today’s newsletter: HSBC profits hit by ‘fraud-related’ exposure, and global oil reserves plunge at record pace
Transcript: Are AI stocks the new railroad bonds?
Katie Martin speaks to Robert Armstrong and Robin Wigglesworth
Apple reaches $250mn settlement over delayed ‘AI Siri’
iPhone buyers sued the tech giant for touting features in 2024 that have yet to launch
India’s Modi celebrates a return to dominance
BJP’s landslide election in West Bengal shows the prime minister’s ability to appeal to voters across the country
Are AI stocks the new railroad bonds?
To understand what’s going on in the sector, look at 19th-century railroads
Spirit’s demise spurs finger-pointing as rivals survey remains
Trump and Democrats seek to avoid economic and political fallout for first major corporate casualty of the Iran war
Global oil reserves plunge at record pace as Middle East war strains supplies
Stocks near 8-year low ahead of summer travel season despite collapse in demand
Meta plans advanced ‘agentic’ AI assistant for consumers
Social media platform invests in equivalent to OpenClaw that aims to seamlessly carry out everyday tasks for users
Macron nominates former adviser to run the Bank of France
Proposed appointment of Emmanuel Moulin as central bank governor faces intense scrutiny in parliament
SEC moves to scrap quarterly reporting requirement
Wall Street watchdog suggests allowing public companies to file semi-annual reports
Police seek major boost in funding to protect London’s Jewish community
Metropolitan Police wants £35mn extra per year following spate of antisemitic attacks
Uzbekistan’s London IPO brings frontier markets closer to home
Resource-rich nation’s move into foreign equity markets could tempt investors with the stomach for risk
Public and private markets vie for gains from AI job disruption
Corporate leaders are betting that automation will produce outsized returns
When rare viruses return
A suspected outbreak of hantavirus is a reminder of the perils of health emergencies in enclosed spaces
JPMorgan and BlackRock bosses play down talk of AI bubble
Dimon and Fink upbeat in separate comments about demand for the technology as Wall Street funds sector’s spending
Saudi Arabia boosts defence spending by a quarter
Military expenditure rose above $17bn in first three months of year as Iran launched strikes around Gulf
Bypassing the Strait of Hormuz
Investing in alternatives to this and other maritime chokepoints is costly but necessary
Football referees win tax battle with HMRC
Tribunal finds that officials’ ability to turn down assignments helped to justify self-employed status
US stock-lending operator charged with $450mn fraud
Federal prosecutors say Val Sklarov sold shares pledged as collateral for loan
Why the Iran war might not spur a faster transition to low-carbon energy
Increased priority on security of power supply might see some countries continue to rely on fossil fuels
James Murdoch in talks to buy New York Magazine
Deal would be first major move by Rupert Murdoch’s youngest son since a settlement to exit his father’s media empire
Crispin Odey accused of seeking to create a ‘false reality’ by UK regulator
Lawyers for hedge fund boss say that FCA tried to bring sexual harassment case ‘by the back door’