EU capitals push for proposal to ban trade with illegal Israeli settlements
Also in this newsletter: G7 summit kicks off with Trump touting peace deal in Iran
FirstFT: Hormuz reset to take ‘weeks’
Also in today’s newsletter: Russian shadow fleet and workplace AI bots
Monetary Policy Radar preview: BoE’s June meeting
The FT’s guide on what to look out for in Thursday’s session
Bank of Japan raises rates to 1% for first time since 1995
Central bank says it will stop reducing level of monthly bond purchases from next year
China retail sales sink for first time since Covid
Investment slump deepens as divergence widens in second-biggest economy
Women in Business
English Football boss Carol Shanahan says: you win or you learn. Plus, newly wealthy women need better advice; Nordic fertility measures are not working; menstrual leave; sudden hair loss; and the unstoppable rise of film executive Aparna Purohit
Economists bet on higher rates as Kevin Warsh takes reins at the Fed
Former financier to chair meeting for first time with inflation well above the US central bank’s target
AI fuels private equity’s biggest ever windfalls
Bain Capital stands to pocket a $15bn gain on chipmaker Kioxia
Burnham plans to give Starmer ‘space’ to resign after by-election, say allies
Colleagues of Manchester mayor hope for orderly transition of power
Shadow fleet tanker seized by UK linked to Tate Modern sponsor
17-year-old vessel was sold by shipping magnate George Economou’s TMS Group
The human brain is not a machine
This common comparison invites us to see ourselves as sub-optimal alternatives to AI agents
Will there be a peace dividend for markets?
An end to the Iran war will boost confidence in the resilience of the global economy and corporate earnings
UniCredit’s knack for clever deals proves unexpectedly costly
Andrea Orcel has taken an unhelpfully circuitous route to acquiring Commerzbank
A French attack to rival Brazil’s all-time greats?
France’s conservative coach Didier Deschamps has the world’s best forwards. Now he must corral them into a unit
JPMorgan plans Chase expansion into Europe’s largest markets
US lender eyes France, Spain and Italy as it aims to grow digital bank
Platner and Starmer remind us that character matters in politics
The UK premier has a litany of broken promises behind him, while the US Senate hopeful has shown dubious judgment
EU could fund migrant detention centres abroad
Germany and Italy are pushing for next budget to include ‘return hubs’ based outside the bloc
Free Nelson Mandela — outstanding documentary traces the long fight against apartheid
Three-part Channel 4 film is a feat of filmmaking, harnessing a vast array of voices to tell a complex tale
Claims of Palantir improvement in NHS driven by a handful of hospitals
Data shows some trusts have delivered fewer operations since adopting the US company’s technology
The darts business scores with the Luke Littler effect
A cottage industry run by family companies is attracting private equity as it expands globally
Strait of Hormuz flow will take ‘weeks’ to resume, largest tanker operator warns
Mitsui OSK Lines boss cautions that fleet owners need to build confidence after US-Iran deal
Europe’s AI champion Mistral vulnerable to Russian disinformation, study finds
Open-source generative models are worse at removing false news than others, according to Estonian researchers
Private equity bosses warn of AI threat to bets on law and accountancy
Buyout groups that have invested heavily in professional services face disruption from developing technology
Why is America’s capital of cheap retail becoming so expensive?
Rapid growth puts housing affordability under strain in Walmart’s Arkansas heartland