Thousands of Ukrainians protest against Zelenskyy’s firing of defence minister
Deputy air force commander resigns as president faces backlash over decision
VPN use in UK doubles as people circumvent porn laws
Regulator Ofcom found evidence of children using the technology to get around curbs
PwC and partner fined more than £3mn over Babcock audit failings
Regulator says Big Four firm committed ‘serious breaches’ in work on defence and aerospace group
Shabana Mahmood ticks almost every box
Home secretary is aligned with Andy Burnham but poor at selling tough policies to MPs
ABB buys UK engineering group Rotork in £4.1bn deal
Acquisition adds to wave of interest from foreign buyers in London-listed companies
Varun Chandra to stay as Number 10 business adviser under Burnham
Decision expected to be welcomed by UK business leaders
UK economy grew 0.1% in May
Figure comes as Andy Burnham prepares to enter Number 10
Chipmaker TSMC to invest another $100bn in US production
Total commitment rises to $265bn as world’s leading supplier of semiconductors lifts revenue forecasts and spending
Huawei aims for growth, Malaysia moves into batteries
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Uber agrees €13bn deal to acquire Delivery Hero
German food delivery group will spin off Turkish and some European operations to New York-based SSW Partners
BHP’s Australian iron ore workers go on strike
Operations in key Pilbara region have been under threat from new projects including Simandou mine in Guinea
ESG is dead
Long live ESG
An unelucidating post about the UK’s mysterious ‘Other’ direct debits
Committing to debit
FTAV’s further reading
Avatars; retail; solar; tax; silliness; trains
Merz and Macron to reset ties after fighter jet project collapse
Also in this newsletter: former Norway premier calls for EU membership debate and Orbán ex-minister joins China’s BYD
FirstFT: UK business struggles to contact Burnham
Also in today’s newsletter: Trump’s BBC lawsuit and energy IPOs
Trump administration slaps 25% tariff on Brazil as bilateral ties deteriorate
Levy is part of a deepening rift between Washington and Brasília ahead of South American presidential election
South Korea stocks slump after first rate rise in 3 years
Bank of Korea’s first move under Shin Hyun-song comes amid concern over persistent inflation and currency weakness
Will Stripe swipe PayPal?
The cutting-edge tech start-up is pursuing the older payments group
Transcript: Is China’s economic slowdown here to stay?
Marc Filippino talks to Thomas Hale and Abigail Hauslohner
Postcard from London: a blimp’s eye view of the city
In the era of algorithmic advertising, the Goodyear airship seems like a charming anachronism
‘Green shoots in every direction’: Prisons minister defends record despite watchdog’s criticism
James Timpson acknowledges standards are still inconsistent but insists a corner has been turned
The US rapprochement with Venezuela’s most feared man
Diosdado Cabello, who has a $25mn US bounty, seems to be in the good graces of Donald Trump’s administration
Business worries about how to reach Burnham
‘Who do we call?’ Chief executives struggle to be heard ahead of arrival of new prime minister