Sun, football and Burnham push UK consumer confidence and retail sales higher
Perceptions of UK economy improved despite lack of clear evidence of gaining momentum
US hits 60 countries with new duties as Trump rebuilds tariff wall
Washington moves to reimpose 10 per cent duties after previous blanket levies were struck down by Supreme Court
Volkswagen slashes revenue outlook amid weak China sales
Sharp cut heaps pressure on German carmaker’s leader as he looks to push through massive round of job cuts
South Korean tech billionaire ordered to pay $640mn in ‘divorce of the century’
Ruling against Chey Tae-won, chair of chipmaker SK Hynix, comes a decade after he first revealed extramarital affair
In the rates drama, oil is a minor character
Plus, Japanese stocks
FTAV’s further reading
Orcas; luck; Balogun; Hynix; space privateers
Ireland pushes for breakthrough on EU capital markets reform
Also in this newsletter: Trump reshapes Iceland’s EU referendum
How much does Wetherspoons make from its gambling machines?
To a very daft question, we offer a very qualified answer
Oil hits $100 as Trump weighs ‘massive attack’
US stocks and bonds also sold off as Middle East tensions increase
FirstFT: US hits 60 countries with new tariffs
Also in today’s newsletter: Intel’s revenue jump and oil breaches $100 a barrel
Monetary Policy Radar preview: Federal Reserve’s July meeting
The FT’s guide on what to look out for in Wednesday’s session
Transcript: Is China catching up with the US in AI? With Kyle Chan
Soumaya Keynes talks to Kyle Chan, fellow at the Brookings Institution
Blackstone’s Stephen Schwarzman: ‘Our stock is on sale’
Private capital group’s chief says company’s shares offer cheap exposure to AI
The fight to be the next Andy Burnham
Election for new mayor of Greater Manchester takes place on July 30
Can the ‘Johnny Cash of the Allagash’ win the US Senate for the Democrats?
Last-minute replacement candidate Troy Jackson hopes to deliver Maine for his party in the midterm elections
BNP Paribas shows there is life beyond Mars
French bank’s results relied on more sustainable trends than the SpaceX IPO
Senior City of London Police officer urges Burnham to be ‘loud’ on fraud
Funding must be made a priority to tackle the UK’s most prevalent crime
Air taxis are nearing route to economic viability
Electric vertical take-off and landing machines are starting to offer practical uses that are growing nearer to realisation
Burnham the builder: can British housebuilders deliver his ambition?
New UK government must rely on sector in turmoil to deliver record amount of council homes
Russia’s biggest online retailer becomes target in Ukraine drone war
Strikes on Wildberries have killed nine people and left small sellers facing millions of roubles in losses
When will Andy Burnham tackle the ‘cost of working’ crisis?
Early measures to target the cost of living ignore looming tax problems as workers are squeezed
Welcome to the era of financial candyfloss
The value of real assets in the US is shrinking as financialisation soars
What to expect from Tate’s new director Jessica Morgan
The institution’s incoming boss is beloved by artists and known for resisting sensation for its own sake
Demand for ‘impact’ funds holds up despite ESG backlash
Investors defied expectations they would abandon the theme after Donald Trump took aim at climate initiatives