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GM and Lockheed Martin partner on boosting weapons production

Pentagon requested tie-up to help defence group boost its output of critical munitions

Brent crude has tumbled to three-month low following agreement to extend US-Iran ceasefire

Footage points to the role of an unidentified man spraying anti-Muslim graffiti in London

Elon Musk’s AI, rocket and satellite group also announces $60bn deal for AI coding app Cursor

‘Trusted partner’ scheme would allow US allies to test cutting-edge models

Move is part of European drive to reduce dependence on US tech firms

Maker of creative software is hardly in crisis but it does risk losing its edge

Ministry of Defence says it is ‘investigating reports of incident’

Emma Reynolds’ warning increases prospect of the nationalisation of Britain’s biggest water company

German conglomerate pushes ahead with restructuring, but struggling steel business still has no buyer

Chief Evan Spiegel described $2,195 eyewear as his ‘life’s work’ as he faces increasing criticism over costs of project

KFC and Taco Bell owner to offload bulk of fast-food chain to private equity group as part of $2.7bn sale

France and other countries in Europe fear that Berlin is planning to go it alone

Carmaker denies claims by former engineer who is seeking £3.7mn in employment tribunal case

Robert Kuzovkov had recently protested at the Venice Art Biennale outside Moscow’s controversial pavilion

Woody, Jessie, Buzz and Co turn analogue army in a film that pits old-school toys against digital tech

Voters in Aberdeen go to the polls with both Conservative and Reform candidates making energy a central issue of their campaigns

Starmer seeks to flesh out plan for closer bilateral ties despite questions over his future as prime minister

Price will be ‘absolute central factor’ in upcoming auction as government fights to defend its clean power strategy

From politics, economics and history to art, food and, of course, fiction — FT writers and critics choose their favourite reads of the year so far

UK chancellor says cabinet has to decide where to cut spending to pay for extra military budget

Simon Kuper and Anjana Ahuja select their best mid-year reads

Club of wealthy nations to raise pressure on Moscow ‘notably’ through limits on its oil and gas exports

Bad trump break reveals that diamond suit must behave reasonably