Robbins says Downing St pressured him to approve Mandelson appointment
Sacked head of Foreign Office said there was ‘dismissive attitude’ to security vetting of former ambassador
Iranian tankers bypass US blockade
Dozens of ships exiting the Gulf include several loaded with Iranian oil
Lufthansa cuts 20,000 flights to save fuel as prices soar
Move comes as European transport ministers gather to discuss plans to prevent region running short of jet fuel
Britain’s prime minister is in power without purpose
Latest Mandelson scandal has left Starmer in limbo until his MPs decide his fate
School economics: Singapore tightens monetary policy as energy shock hits Asia
Macroeconomic objectives
UnitedHealth boosts 2026 earnings guidance after increasing prices
Shares in US healthcare group jump as it steadies itself after turbulent period that led to departure of previous CEO
Senators grill Warsh on independence from Trump and personal wealth
Donald Trump’s pick to lead central bank tells lawmakers independence of rate-setters is not ‘particularly threatened’
City firms relax office-working policies as Tube strikes hit London
Companies including Amazon and JPMorgan have eased requirements as drivers stage two 24-hour walkouts
Oil market has lost a billion barrels due to Iran war, Vitol boss warns
Top energy traders warn of unprecedented hit to global energy supplies
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Ukraine to restart flows via Russian oil pipeline
Volodymyr Zelenskyy says repairs have been completed after three-month hiatus that jeopardised Kyiv’s financing
Between the River and the Sea — what it means to be Palestinian and Israeli, all at once
Wry and reflective, Yousef Sweid’s one-man show at London’s Royal Court Upstairs offers a nuanced take on identity
Kevin — Aubrey Plaza’s adult-oriented animated comedy has shades of BoJack Horseman
Jason Schwartzman and Whoopi Goldberg lend their voices to the story of a pampered cat who breaks up with his owners
Ofcom to probe Telegram over claims of child sexual abuse material on app
Two teen chat sites are also being separately investigated by online safety watchdog
Downing Street discussed diplomatic role for Starmer aide, says ex-Foreign Office head
Olly Robbins tells MPs he was ‘under strict instruction’ from No 10 not to inform then foreign secretary David Lammy of plan
Apple’s smooth CEO swap is the ultimate corporate status symbol
There are two kinds of companies — those that can do CEO transitions without intense upheaval and those that can’t
UniCredit treads fine line between activism and M&A
Italian bank’s cage-rattling is best understood as a way to break into the cage
CATL claims 6-minute charge and 1,500km range for new electric vehicle batteries
Chinese group also slashes charging time in race against BYD for electric vehicle battery supremacy
Kevin Warsh’s closely watched pitch to become next Fed chair
Also in today’s newsletter, the Middle East’s fragile ceasefire deal nears deadline
Michael Jackson biopic ‘Michael’ is a stilted waxwork of a movie
Antoine Fuqua’s film has bullying, bravura music and a haunting CGI Bubbles but does little to illuminate the man or his genius
VW to export more China-made EVs in global sales drive
Strategy pivot coincides with slowdown and fierce competition in world’s largest automotive market
Taiwan says Chinese pressure forces scrapping of president’s Africa trip
Lai Ching-te’s visit to tiny landlocked Eswatini postponed after neighbours ‘revoked flight permits’
The US cattle industry is eating its own tail
From rising temperatures to water shortages, ranchers need to be thinking about a plan B
Ghost-Eye — Amitav Ghosh’s ambitious novel about climate change and reincarnation
The story of a young girl in 1960s Calcutta who claims to have lived before shows the difficulties of grappling with climate politics in literary fiction