FirstFT: Trump ousts US attorney-general Pam Bondi
Also in today’s newsletter: China hosts Pakistan-Afghanistan peace talks, and Blue Owl struck by $5.4bn of redemption requests
Transcript: Trump taunts drive Starmer into EU’s arms
Lucy Fisher talks to Jim Pickard, Anna Gross and Robert Shrimsley
Willie Walsh is that rarity in India — a foreign chief executive
While Indians run some of the world’s biggest finance and tech companies, the country’s own aviation sector needs to import talent
How an energy crisis unfolds
The lasting effects of a best-case scenario
Trump fires US attorney-general Pam Bondi
Loyalist’s exit comes after pressure over her handling of files related to Jeffrey Epstein
Oil jumps after Donald Trump’s remarks dash hopes of end to war
West Texas Intermediate settles at highest since mid-2022 on US president’s threat to hit Iran ‘extremely hard’
OpenAI acquires popular tech talk show for ‘low hundreds of millions’
ChatGPT-maker moves into broadcasting with deal for TBPN after it had pledged to abandon ‘side-quests’
Trump administration announces new tariffs on pharmaceuticals
White House also rolls back levies on some metals in an attempt to simplify duties
Air France-KLM and Lufthansa battle for stake in Portugal’s flagship airline
Franco-Dutch and German carriers have been eyeing TAP privatisation for months
Macron dismisses Trump’s call for western nations to reopen Hormuz by force
But 41 nations discuss how to increase diplomatic pressure on Iran to restore full shipping access to the strategic waterway
SpaceX IPO is Musk’s biggest financial moonshot
Tech showman seeks to tap the Fomo factor with a market sales pitch for the ages
Hackers steal $280mn from decentralised finance crypto exchange Drift
Loss equates to about half of total US dollar value on deposit with platform popular for trading perpetual derivatives
UK urges pharma companies to invest after reaching drug pricing deal with US
Accord will result in higher medicines spending in Britain in exchange for exemption from threatened Trump tariffs
‘Big bang’ of animal life may have begun earlier than thought
Fossils from south-west China offer new clues to date of crucial evolutionary period
FT quiz: the week in news
Ten topical questions to test your news nous
The case for Trump’s tariffs looks strong a year on from ‘liberation day’
Economists’ lurid forecasts of disaster have not been realised
Investment trusts call for UK rule change to frustrate activist investors
Attempt by Boaz Weinstein’s Saba to take over EWIT’s board has prompted plea for regulatory overhaul
Trump taunts drive Starmer into EU’s arms
Plus, lessons in handling a fuel crisis
How we made it: Sahara dust reaches Europe
Guide to the Climate Graphic of the Week
Blue Owl struck by $5.4bn of redemption requests
Private credit firm caps withdrawals after investors attempted to pull more than 40% from one fund
MPS turmoil could turn it from predator to prey
Bank’s stock has fallen by a fifth this year, twice as much as the European banking index
Six films to watch this week
Zendaya and Robert Pattinson star in buzzy romantic thriller ‘The Drama’; a Hollywood star opens up in ‘Kim Novak’s Vertigo’; London bomb scare meets heist in ‘Fuze’; Naples magnificently portrayed in ‘Pompei: Below the Clouds’; Kafkaesque logic in Stalin-era drama ‘Two Prosecutors’; biography meets
Les Liaisons Dangereuses — Lesley Manville adds heart to a glittering, icy production
Despite superb performances by Aidan Turner and Monica Barbaro, Christopher Hampton’s play at the National Theatre is easier to admire than love
Kim Novak’s Vertigo review — a fabled figure emerges from film history on her own terms
The nonagenarian looks back on a life and career defined by her role in Alfred Hitchcock’s 1958 masterpiece