Apple posts record $144bn in revenue after blockbuster iPhone sales
Strong holiday season and boost from China lead to surge in growth
FirstFT: China iPhone sales power Apple’s ‘remarkable’ $144bn quarter
Also in today’s newsletter: Microsoft sheds $360bn in market value, and Sony and Singapore’s GIC to partner up in music venture
Judge appears reluctant to intervene in dispute over Javice legal fees
Entrepreneur and business partner convicted of defrauding JPMorgan but bank has had to pay millions for their defence
Microsoft sheds $360bn in market value as AI spending spooks investors
Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs
Gold and silver fall from record highs in metals market whiplash
Volatile trading session sees precious metals give up early gains
The incredible shrinking dollar
Is the world finally moving away from the greenback?
Albertan separatists accused of ‘treason’ over Trump administration meetings
Canadian politicians blasted the Alberta Prosperity Project for seeking assistance from the US
First Brands founder and brother indicted on US fraud charges
Patrick and Edward James accused of fraudulently obtaining billions of dollars from lenders in New York federal case
Norway’s $2tn wealth fund stress tests effects of climate shocks and AI correction
Equity portfolio could lose a quarter in event of extreme weather and shed more than half from an AI boom collapse
Starbucks set to open thousands more coffee shops globally
Move would mark return to growth after shuttering hundreds of poorly performing stores last year
Trump says Putin has agreed to suspend attacks on Ukraine’s capital
US president personally asked Russian counterpart for ‘energy’ ceasefire amid frigid temperatures in Kyiv
UK regulator warns of pancreatitis risk linked to weight-loss drugs
Medicines watchdog urges vigilance over rare but serious side-effect of GLP-1 medicines
FT quiz: the week in news
Ten topical questions to test your news nous
Coterra and Devon near tie-up to create $60bn US shale group
Deal would be the largest oil and gas merger in two years
Mercedes-Benz boss says Howard Lutnick urged carmaker to move its HQ to US
Ola Källenius declined offer but warns that Europe needs to realise it faces competition for investment
Germany signals joint fighter project with France may not deliver jets
Beleaguered programme may continue in scaled-back form, after Airbus CEO said his company had given up on fighter jet
A rescue mission for the rules-based order
Europe needs to play a lead role in efforts to de-risk from Trump’s America
Apple buys Israeli start-up Q.AI for close to $2bn in race to build AI devices
iPhone-maker strikes deal for secretive group that creates technology that analyses facial expressions
Companies reap $22bn from Trump’s immigration crackdown
Palantir and Deloitte among beneficiaries of spending by government agencies
Labour’s gamble to turn AI threat into opportunity
Also in this week’s newsletter: Mahmood’s far-reaching police reforms
What if Jason Bourne had an English accent and less hair? See Shelter
Jason Statham comes to the rescue of a young girl in a well-choreographed wham-bam action movie
Nouvelle Vague — Richard Linklater pays tribute to cinematic mischief maker Jean-Luc Godard
A fun homage to the French filmmaker’s electric-shock debut ‘Breathless’ is warmly nostalgic but far from groundbreaking
Is This Thing On? — Will Arnett turns to stand-up comedy in charming crowd-pleaser
Laura Dern co-stars in Bradley Cooper’s true-ish story of a marriage falling to pieces and becoming fodder for bits
In rural sonic horror Rabbit Trap, no one can hear you scream
Dev Patel and Rosy McEwan lead uncanny tale of two sound artists visited by a strange child in remote Wales