Oil prices expected to rise as hope fades of end to Iran war
Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz
Hungarian voters turn out in force for biggest test of Orbán era
Election follows bitter campaign that energised both government loyalists and opposition led by Péter Magyar
Lidl stirs up mobile market with discount phone plans
Chain to expand beyond Germany, Austria and Switzerland with service that could be available in up to 30 countries
Could US pensioners be swallowed by the next credit wave?
Trump wants retirees’ money in private credit, but it’s a bad idea at this stage of the cycle
Trump announces naval blockade of Strait of Hormuz as Iran peace talks fail
Reopening the critical waterway is a sticking point in negotiations as oil supply bottlenecks prompt a global energy crisis
Cancer drug licensed by GSK from China posts promising trial results
Mo-Rez, developed by Hansoh Pharma, is a next-generation treatment for ovarian and endometrial cancer
South Africa’s Democratic Alliance elects new leader to take on ANC
Nation’s second-largest party hopes Cape Town mayor Geordin Hill-Lewis can widen its appeal
Iran nuclear stand-off hardens after two decades of failed deals
Direct talks this weekend trod a familiar path of tortuous and frustrating diplomacy between Washington and Tehran
Iran’s top negotiator says Washington must earn Tehran’s trust
Oil prices expected to rise as Trump tells US navy to ‘interdict’ ships that pay Iran to pass through Strait of Hormuz
Fees for seas: a history of taxing waterways
From Ottoman Sultans to Danish kings, Iran’s toll system for Strait of Hormuz revives an old maritime fight
How to deal with NHS doctors in revolt
The Conservative plan to ban strikes is doomed to fail
UK financial regulators rush to assess risks of Anthropic’s latest AI model
Leading banks, insurers and exchanges to be warned over cyber security vulnerabilities exposed by Claude Mythos
Orbánomics has been a disaster for Hungary
The country’s economic model has stoked inflation and weighed on growth
Is Iran war fallout hitting US wholesale prices?
Market Questions is the FT’s guide to the week ahead
The Peruvian leading the presidential race with 15% in the polls
Keiko Fujimori is among 35 candidates on Sunday’s ballot after South American country churned through nine presidents in 10 years
China open to Taiwanese TV and imports after opposition visit
Cheng Li-wun, head of Taiwan’s KMT party, met Chinese President Xi Jinping
Trump has not done enough to tackle soaring housing costs, real estate billionaire says
Republican donor Stephen Ross argues housing affordability is ‘going to be the biggest issue’ in US
Musk hits legal losing streak ahead of showdown with OpenAI’s Altman
The world’s richest man has lost in cases ranging from shareholder fraud to claims that his rivals stole AI secrets
How to make shoplifting a crime with consequences
Police, shop owners and policymakers must combine to fight organised retail theft
Leonard Green Partners to buy construction consultancy for $3bn
Acquisition comes amid slow patch for private equity dealmaking as interest rates stay high
US and Iran fail to reach deal after marathon talks
Negotiations foundered over Tehran’s unwillingness to concede ground on nuclear weapons, says JD Vance
Robinhood excludes some prediction markets over manipulation fears
US broker says it is ‘very focused on insider trading’ as it pushes into fast-growing sector
Social media is for picking up vibes, not information
Users trust it even less than they do mainstream news outlets
Commodity traders lost ‘billions’ in early days of Iran war
Firms that normally profit from volatility were caught out by sudden rise in energy prices, new report finds