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[EN] Financial Times

How the Middle East conflict affects India

Also in this newsletter: Adani companies trigger 126% duties on solar exports to the US

Trump drops battle against law firms over punitive executive orders

Administration terminates appeals in four cases involving law firms that sued to block measures from taking effect

Trump launches pre-emptive strike on Iran

Letter: Epstein scandal shows private banking’s misaligned incentives

From Carmela D’Avino, Professor in Finance, IÉSEG School of Management and Mimoza Shabani, Associate Professor, Audencia Business School

Letter: Burgundy vs Bordeaux

From Andrew Creese (81 years old), Darley Dale, Derbyshire, UK

Letter: UK higher education shortcomings revealed

From Dr John Warren, Ipswich, Suffolk, UK

Letter: Buyout firm difficulties in China part of wider malaise

From Samuel Breen, Doylestown, PA, US

Grand revival: Hunt Slonem transforms a Gilded Age mansion

The artist’s meticulous restoration of Belle Terre, a 16-bedroom mansion in New York, ensures its legacy lives on

US LNG producers rush to seize on surging gas prices triggered by Iran conflict

Venture Global and Cheniere Energy look to bring on extra capacity as prices surge in Europe and Asia

Stronger UK public finances can withstand Iran war shock, Reeves to say

Chancellor will seek to promote ‘stability dividend’ in Spring forecast on Tuesday

Iran executes Khamenei’s plan to spread regional war

Strikes on energy facilities and targets across Middle East form strategy devised to sow chaos in retaliation for US and Israeli attack

FT Crossword: Number 18,308

Correction: Retractions made in 2024, not 2025

Ivan Oransky of Retraction Watch recorded nearly 3,000 retractions of Chinese-authored academic papers from journals in 2024

Blackstone flagship private credit fund hit with redemptions

Investors pull net $1.7bn out of vehicle over first quarter as industry strains intensify

Inside the plan to kill Ali Khamenei

Israel spent years hacking Tehran’s traffic cameras and monitoring bodyguards ahead of the assassination of Iran’s supreme leader

The escalating Mideast conflict — in charts

Since the US and Israel struck Iran, thousands of missiles and drones have been launched across the region

FirstFT: Trump vows to do ‘whatever it takes’ in Iran

Also in today’s newsletter: Modi and Carney discuss trade deal, and Toyota bows to Elliott in $38bn buyout battle

Starmer has his ‘Love Actually’ moment and stands up to Trump

British premier, after carefully nurturing relations with the US president, makes clear they are at odds over the Iran war

Video: who is running Iran after Ayatollah Ali Khamenei’s death?

FT explains what might come next after the killing of Iran’s supreme leader

Lebanon plunged back into war as Israel targets Iran-backed Hizbollah

Shia militant group strikes northern Israel for first time since 2024, triggering retaliatory offensive

Gas prices soar as Iranian attacks force shutdown of Qatari production

Saudi Arabia also closes an oil refinery after attack

UK private equity investor plots closure of up to 80 former WHSmith stores

Modella rebranded high street shops as TG Jones after buying them last year

Hedge funds rethink emerging market bets after US-Israel strikes on Iran

EM stocks and currencies come under pressure as US dollar jumps

France’s groundbreaking nuclear offer to Europe

Macron’s decision to extend the deterrent is a boost for the continent’s defence