Graham Platner drops Senate bid after rape allegations
Populist Democrat blames ‘corporate media system’ and the ‘political establishment’ for demise of his campaign in Maine
Letter: Britain is still dependent on the kindness of strangers
From James Sproule, Chief Economist (UK), Handelsbanken, London EC2, UK
Letter: Mathematics opens doors across industries
From John Fraser, Chartered Statistician, Cheshire, UK
Letter: Northern exposure
From John White, Kilmuir, Isle of Skye, Scotland
Letter: The real problem is planning capacity
From Lee Waters, Penarth, Wales
Letter: Take the fizz out of politics
From Patrick M Dransfield, Kowloon, Hong Kong
Marine Le Pen ordered to wear electronic tag as part of embezzlement conviction
Oil prices rise after Washington steps up conflict with Tehran
Donald Trump says US attacks will ‘get much worse’ if Iran hits more ships
South Korea’s AI chip boom separates the haves from the have-mores
Huge bonuses for semiconductor workers are leaving those in traditionally prestigious jobs feeling relatively worse off
US launches second day of strikes against Iran
Donald Trump claims Iran ‘called’ to negotiate but casts doubt on the prospects of a deal
Police launch probe into donations to Jenrick’s Tory leadership campaign
Investigation by Metropolitan Police follows allegations that money wrongly came from an overseas donor
FT Crossword: Number 18,421
FirstFT: Trump declares US-Iran ceasefire ‘over’
Also in today’s newsletter: US rare earths flow to Asia, and Santander axes top China banker
Sizewell nuclear plant extended as part of UK’s net zero push
Suffolk facility started running in 1995 and remains Britain’s most recently built nuclear installation
Trump’s surprise Ukraine shift steadies nervous Nato allies
A summit that threatened new acrimony among the allies ended with free guns and ‘love in the room’
Starmer planning bank holiday if England wins World Cup
Businesses argue jubilation would offset any economic setback while pubs say it would be a ‘dream come true’
Hawkish Fed minutes indicate some support for rate increases
Policymakers worried about inflation and ‘several’ said they did not believe current borrowing costs were restrictive
Inflation fears mount at Warsh’s first Fed meeting
Some Fed officials saw need for future rate rises to contain inflation
Warsh’s minute minutes
Downwards doc
UniCredit’s bid for Commerzbank ends with a win and a puzzle
The market is awash with ideas on how Andrea Orcel secured nearly 18% of the German bank’s shares
Burnham’s economic blueprint focuses on small business and cost of living
Plan drawn up by key adviser Miatta Fahnbulleh aims to unite different wings of Labour Party
Le Pen, Farage and the people’s verdict
The two rightwing leaders seek salvation through the ballot box
FCA charges lawyer with insider trading over Seraphine sale
M&A solicitor who worked at Goodwin Procter’s London office accused of 5 counts of using inside information
Russia bans diesel exports in fuel crunch
Ukrainian drone strikes on refineries have created petrol and diesel shortages and brought the war home for Russians