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[EN] Financial Times

Blow to UK authorities as former Nigerian oil minister cleared in bribery case

Diezani Alison-Madueke had been accused of receiving private jet flights and use of properties in top London districts

Federal Reserve holds rates with short statement and hawkish projections

Kevin Warsh has eliminated explicit forward guidance, but his colleagues project that at least one rate rise is needed

Five things to know about the high-stakes Makerfield by-election

Labour candidate Andy Burnham hopes to win the seat and then seek to replace Keir Starmer as prime minister

How the oil market shrugged off the Iran crisis

Fears of summer shortages and $200 oil have been replaced by a focus on looming gluts

Fed drops bias for rate cuts as Kevin Warsh era begins

Donald Trump’s war in Iran has sent inflation to nearly double the central bank’s target

The risks of borrowing from China’s economic playbook

Western governments must ensure industrial policy does not turn into unchecked state expansion

CME chief Duffy to step down after reshaping global derivatives trading

CEO led the group through a transformation from markets dominated by physical pits to decentralised electronic trading

Starmer holds out prospect of cabinet job for Burnham

Allies of mayor say he would turn down such a role as he is pitching himself as a change from current administration

Anthropic boss tells G7 leaders to ‘resist the temptation to splinter’ over AI

Dario Amodei is supported by rival Sam Altman in call for international co-operation

Activist investor TCIM targets Devon Energy after landmark merger

Speculation of a looming consolidation wave mounts in the heartland of the US shale oil patch

To avoid backlash, tech giants must share their AI wealth before it’s too late

The US cannot wait for the worst job losses to hit before moving corporate and public policy in a pro-worker direction

Diageo boss Dave Lewis orders executives to cut jobs as restructuring kicks off

Group’s top team given cost-reduction targets as new CEO begins effort to revive fortunes of Johnnie Walker maker

Thoma Bravo hands Medallia to lenders in one of PE’s biggest losses

Blackstone-led consortium to take over software company and inject $150mn to help cut its debt load

Why (happy) humans still matter at work

Leaders have the power to make the future of work more enticing than just ‘machine-minding’

Trump administration to pay $765mn to scuttle offshore wind projects

Power developer Invenergy will redeploy funds into natural gas and geothermal projects in western US

Harry Styles reaches for artistic heights in 12 nights at Wembley

Whether in the stadium or at an intimate Royal Festival Hall concert, he remains a singular performer whose songs lack heft

Bolivian blockades strangle economy as pressure piles on centre-right leader

Protesters call for resignation of President Rodrigo Paz, just six months after his election shifted nation rightward

Billionaire trader Alex Gerko loses tax appeal at UK Supreme Court

Top court rules traders should pay income tax on share of trading profits

Trump delays confirmation hearing of former SEC head Jay Clayton as US intelligence chief

President blames Democrats for blocking intelligence legislation over appointment of Bill Pulte in acting role

‘Humiliation’: Trump battles claims his Iran deal is worse than Obama’s

US president’s critics ask if concessions to Tehran in purported agreement were worth four months of war

Brussels approaches Kremlin over potential Ukraine talks

EU Council president António Costa’s office held calls with senior official close to Russia’s Vladimir Putin

AI medical tools match or surpass doctors for advice

Two health models displayed clinical value across a range of diagnostic and treatment decisions, studies show

Rheinmetall to partner with US satellite group to boost German intelligence capabilities

Tankmaker and satellite imagery company Vantor to give country’s armed forces ‘sovereign control’ of technology

Middle East peace deal could herald oil glut next year, says IEA

‘Gradual’ return of flows will give way to sharp rise in production, outstripping forecasts for increased demand