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[EN] Financial Times

US accuses China of unfair chip trade practices

Trump administration holds off increasing tariffs until 2027

BP to sell majority stake in $10bn lubricants division as part of ‘reset strategy’

The UK oil and gas major is stepping up asset sales under new chair Albert Manifold

‘A lot of gold’: the business of dressing priests for Christmas

Family-run Watts & Co serves places of worship, UK state occasions such as coronations and even Hollywood studios

South Korea offers tax breaks on overseas stock sales to stem currency’s slide

Authorities seek to rein in craze for US equities that has weakened won’s value against dollar

Pakistan sells indebted state carrier in privatisation win

Consortium led by Karachi-based securities brokerage is buying majority stake in airline

FirstFT: Tech groups shift $120bn of AI debt off balance sheets

Also in today’s newsletter: EU spending on US oil and top Shell auditor leaves EY role

BoJ to continue tightening gradually in 2026

Read the central bank’s December forecast from the FT’s Monetary Policy Radar team

EU spent less on US energy after $750bn Trump trade deal

Member states’ spending on US oil and gas fell 7 per cent over the past four months

Jamie Laing on building sweet brand Candy Kittens: ‘I don’t really like weekends’

Vegan confectioner is doubling down in a tough food market after acquisition of Graze from Unilever

‘A place of welcome’: Yorkshire town rallies round to help asylum seekers

Churches and community groups in Northallerton provide food, clothing and company for refugee families

The art market is showing signs of revival — but experts urge caution

Rising numbers mask a broadening of taste, away from the fine art beloved by previous generations

Tech groups shift $120bn of AI data centre debt off balance sheets

Creative financing helps insulate Big Tech while binding Wall Street to a future boom or bust

Top Shell auditor leaves EY role as regulators probe independence breaches

Exit comes after oil major said in July that lead partner had exceeded period allowed under rotation rules

Bethlehem to celebrate Christmas for first time since Gaza war

Palestinian city to host public festivities after years of disruption, but tourists have yet to return

Banks and traders race to capitalise on gold’s historic rally

Surge in bullion prices turns precious metals trading and vaulting into one of finance’s most profitable businesses

Timothée Chalamet electrifies pulsating ping-pong thriller Marty Supreme

Josh Safdie brings 1950s Manhattan pungently to life in a madcap movie also starring Gwyneth Paltrow

Subscription overload is exhausting Americans

The battle for Warner Bros could be the last straw for cash-strapped viewers

‘The gap is widening’: inside Donald Trump’s K-shaped economy

In the president’s second term the rich have got richer and the poor are getting poorer

No, you can’t tell when something was written by AI

Context matters as much as content in determining whether text is machine generated or not

Japanese pen maker raises price of its bestseller for first time in 40 years

Pilot’s chief executive hopes to keep customers loyal as country starts to deal with return of inflation

Recipe: north London’s new favourite carbonara

Lupa’s very yellow riff on a classic comes alive in the details

Investors bet on smaller private equity funds to break deal drought

Larger funds’ global share of commitments slides as fundraising winter drags on

Why self-improvement starts with maintenance

Whether you’re talking about armies, motorcycles or teeth, the same rule applies — what you care for will endure

Year in a word: Rare earths

These metals have become the plaything of the US-China trade war