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[EN] Financial Times

Myanmar releases photos of Aung San Suu Kyi amid health concerns

Former leader shown meeting Red Cross representative

Reform’s Richard Tice probed over alleged failure to declare an interest

UK’s parliamentary standards watchdog is investigating the party’s deputy leader

Reform UK promises large-scale ‘military operation’ to block small boat crossings

Rightwing party’s policy announcement comes as Reform drops behind Labour in polls

Oil slides after Trump says talks with Iran will resume

Tehran says a deal with Oman to reopen Strait of Hormuz to shipping was close

Don’t let tax rows eclipse the fundamentals of social care

Like in the case of wind power, agreement on the big structural issues is much more important than finance

AstraZeneca holds talks with Bristol Myers Squibb over $400bn tie-up

Deal would create world’s fourth-largest drugmaker by market value

Todd Blanche confirms scrapping of $1.8bn ‘slush fund’ ahead of confirmation vote

Acting US attorney-general U-turns on ‘anti-weaponisation fund’ after two Republicans threaten to torpedo nomination

Japan vows further yen intervention with US if needed

Finance minister Satsuki Katayama confirms joint action with Washington to counter ‘disorderly movements’

FTAV’s further reading

Extortion; deception; transition; stablecoins; boomer art; instant knowledge; and cam girls

Team America: Yen police

A puzzling intervention

Beefing with the Big Mac Index

McDonald’s signature burger offers economic lessons — but not about purchasing power parity

FirstFT: AstraZeneca and Bristol Myers Squibb discuss $400bn tie-up

Also in today’s newsletter: Oil prices drop after Trump says talks with Iran will begin today and Uefa threatens Fifa with legal action

The best of TV and streaming this week

Maximalist psychological thriller ‘The Rapture’, atmospheric prequel ‘Gomorrah: The Origins’ and more. Reviews by Rebecca Nicholson

European wildfire costs this year have already surpassed €3bn

Economic toll in worst-hit countries exceeds official estimate of costs to bloc in average year, according to FT analysis

French banks warm to election financing in potential boost for Le Pen

Lenders signal willingness to offer campaign loans if government guarantees are in place

Furious — a serial killer thriller powered by rage

Emmy Rossum plays an FBI recruit tasked with tracking down a female murderer in this darkly comic, defiantly complex Disney show

A digital iron curtain is threatening the global economy

Amid geopolitical barriers that risk slowing progress and trade, Europe can become a trusted connector

US gas guzzlers see off Europe’s EVs in latest round of car wars

Detroit carmakers had a strong second quarter, while their European rivals remain downbeat

The ‘Trump effect’ is taking a toll on corporate gender goals

Changes at the Australian Securities Exchange are the latest sign of a global rollback of diversity policies

How US drinkers fell out of love with Bud Light

AB InBev shifts marketing dollars to other brands as tie-ups with celebrities and cage fighting fail to halt decline in sales

James Dacombe, 25, triples AI chip start-up’s valuation to $3.3bn

British entrepreneur behind Olix raises $312mn from investors including Arm in effort to take on Nvidia

Ofcom chair launches review of regulator to help rein in Big Tech

Ian Cheshire tells FT that watchdog will need ‘more resources’ to enforce online safety rules as it takes on wider brief

A second act for high-yield bonds

The ‘junk’ label has been left where it belongs — in a different era

A nostalgic stroll through a century of the American urban experience

This riveting exhibition at Dulwich Picture Gallery explores how, as cities across the US grew, the camera captured their fleeting realities