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[EN] Financial Times

Keiko Fujimori sworn in as Peru’s ninth president in 10 years

Conservative daughter of former dictator becomes latest rightwing leader in Latin America

Powerful earthquake hits Japan’s southern Kumamoto prefecture

Reports of multiple deaths from tremor after blast at shopping centre and damage to factories, buildings and infrastructure

Fifa plans $20bn commercial vehicle to lure external investors

Joshua Kushner set to lead investor group as football’s governing body moves to cash in on World Cup

Fire-ravaged France evacuates tourists and braces for new heatwave

Firefighters make progress on blazes that have displaced hundreds of thousands of people

Greens and Reform take a hit from the Burnham bounce

Labour’s recovery appears to have come at the expense of Zack Polanski’s party

Mike Ashley’s Frasers Group builds stake in Burberry

Sports Direct owner discloses 4% position as it strives to establish itself in the luxury market

Ares’ next big private capital deal looks deceptively close to home

While it’s already common to find private equity and credit under the same roof, any tie-up will prove a test of culture

Kering sales return to growth as Gucci slowdown eases

Fashion recovery and strong demand for jewellery and eyewear helped drive improved performance

Ebay pays couple $56mn for its role in cockroach harassment campaign

Couple received threatening deliveries including funeral wreath after criticising ecommerce retailer in blog

The US should stay open to open-weight AI

New and cheaper models could be a boon for the growth of the tech sector

Zelenskyy reports positive Oval Office meeting as Trump shifts towards Ukraine

Kyiv hopes White House talks will result in fresh US backing against Russia

UK charities hit after specialist bank shuts off online services

CAF Bank suspends internet banking after identifying attempted fraud

Chip stocks tumble as AI sell-off deepens

Nasdaq 100 briefly falls into correction territory ahead of raft of Big Tech earnings

Co-chair of law firm Wachtell Lipton set to depart for rival Gibson Dunn

Bill Savitt is planning to leave the corporate law powerhouse alongside several other partners

French shipping group boosted as customers stockpile to beat Trump tariffs

The French container shipping company predicts heightened demand will persist

Children of Wolves — a thrilling tangle of scheming and sexual tension in Istanbul

Lawrence Osborne’s atmospheric page-turner is a tale of sleuthing, rebellious rich kids and darker truths

Wildfires are entering tipping-point territory

Scientists need to update their models to understand how these extreme events start and spread

NHS England reprimanded over Palantir data access omission

Staff from controversial tech company have been given ‘unlimited access’ to identifiable patient data

Turkish politician hit by rent-a-crowd scandal

Kemal Kılıçdaroğlu, court-appointed head of Turkey’s oldest party, denounced corruption during party event

Lessons from companies learning to beat the heat

Schneider Electric and Heineken are among large groups rolling out measures to protect workers as extreme weather intensifies

We need an OBR for infrastructure

An independent expert body with the right capabilities can reassure investors that projects are worth the cost

Apple tops $5tn valuation for first time

Tech giant gains due to its lack of huge spending on AI and as investors seek havens from sell-off in chip sector

LA Dodgers-owner’s insurer acknowledges loans to ‘Dodger Tickets’

Delaware Life reclassifies loans as level 1 related-party investments after labelling them unaffiliated for years

Maybe the chips are down because memory’s too expensive

DRAM, DRAM, DRAM / Did I ruin your plans, plans, plans?