US and Iran exchange fire amid increasingly strained truce
Official says American forces shot down Iranian drones in move that prompted retaliation from Tehran
Meloni at odds with defence minister over EU rearmament loans
Italian PM is threatening to reject bloc’s funding unless Brussels shows more leniency on energy crisis
What made the DoJ go after this particular prediction market insider?
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How Texas utilities are preparing for more extreme storms
The humble utility pole, a key part of the power distribution system, is getting an upgrade
Trump is pushing Canada and Mexico towards China
The renegotiation of the USMCA deal is peripheral to the green tech revolution in world trade
Backrooms — creepy meme becomes a young person’s nightmare of middle age
Chiwetel Ejiofor and Renate Reinsve star in a deadpan-funny horror of loserdom and liminal space directed by a 20-year-old
Land — Maggie O’Farrell’s ambitious novel of family, Ireland and empire
The acclaimed ‘Hamnet’ author revisits themes of strife and loss but on an epic canvas spanning centuries and continents
Israel attacks Tyre in new strikes on southern Lebanon
Escalation comes a day before two countries were set to hold ‘security talks’ in Washington
EU fines China’s Temu €200mn for failing to prevent sale of illegal goods
Online retailer becomes second company to be punished under bloc’s Digital Services Act after Elon Musk’s X
Farage is facing his own menace on the right
The rise of Restore Britain may force Reform’s leader to switch strategies
Temperatures likely to breach record levels over next five years, WMO says
Scientists put 91% chance of global average rise of more than 1.5C by 2030
Colombia’s erratic leader refuses to be a lame duck
Scandals and social media spats have not dented Gustavo Petro’s popularity. As the end of his term nears, he plans to keep a hand in politics
Iraq faces summer blackouts
Iran war has exposed oil-rich nation’s dependence on Iranian gas for electricity as temperatures exceed 45C
These statement staircases are next level
Meet the designers stepping it up
Arsenal, PSG and the rise of the capital club
The Champions League finalists show how football’s old power centres have shifted
A tale of two EU-US comparisons
There is no well-defined single answer to whether the US has been outgrowing Europe
Submit your questions: How to revive the UK economy?
Take part in a live Ask an Expert Q&A with economics leader writer Tej Parikh and economics commentator Chris Giles today from 1pm to 2pm (BST)
FirstFT: Democrats’ hopes for victory in Texas rise after Paxton’s win
Also in today’s newsletter: US hits Iran with fresh strikes while Kirkland & Ellis develops its own AI platform
Number of young Britons out of work or training climbs above 1mn
Government report will warn of a ‘lost generation’ as number of ‘Neets’ rises to highest level in 12 years
Ousted BP chair hits out at ‘lies’ over his conduct
Albert Manifold says he ‘pushed hard’ at FTSE oil group but disputes criticism of his behaviour
Wes Streeting’s uphill challenge to stop Andy Burnham
Former health secretary must prove his offer is distinctive — and that it is worth having a proper leadership race
BDO fined £2mn for ‘pervasive breaches’ in audit of collapsed NMCN
UK regulator says mistakes in work for construction company were ‘significant and serious’
Belgian gunmaker FN Browning to buy UK sniper producer
Acquisition comes as state-owned group looks to compete in British government rifle tender
Payments group accused of being ‘Chinese backdoor’ moves staff out of China
Australia-founded Airwallex is pursuing US expansion amid intensifying rivalry between Washington and Beijing