Ørsted cuts profit outlook blaming slower summer wind speeds
Bad news comes as Danish renewable energy group moves to shore up balance sheet after Trump blocks key US project
UK retail sales rose 0.6% in July as ONS admits quality issues
Statistics agency also revises previous figures
AI boom, AI bust?
Plus European value stocks, and more on the Fed
When does it pay to hedge FX?
The trade that explains (almost) everything
Are European countries really going to send troops to Ukraine?
Also in this newsletter: EU on course to miss deadline to better connect its power grids
FirstFT: Tether explores gold supply chain investments
Also in today’s newsletter, Washington trims defence aid to eastern Europe and US DoJ launches probe into Fed governor Lisa Cook
FT Wealth: September
In this edition: Ancient nobility respond to Spain’s newly created aristocrats; wealthy widows face up to managing family finances; the changing role of philanthropy in shaping San Francisco; investing in cars is playing with the wheel of fortune
John Malone reflects on his empire
Plus, corporate Japan’s cannabis drama and Goldman’s T Rowe Price investment
Transcript: Bond investors are counting on US tariff revenues
Marc Filippino talks to Emily Herbert and Aanu Adeoye
Stablecoin group Tether holds talks to invest in gold miners
Boss of crypto company that posted first-half profits of $5.7bn has called the precious metal ‘natural bitcoin’
The end of the gatekeepers
In the age of social media, the establishment no longer controls the narrative
Safran explores sale of aircraft interiors assets
Potential transaction would unload lower margin products, while keeping cabin seats business
Reform UK ‘going to the next stage’, says deputy leader
Richard Tice tells FT the party’s two-day conference in Birmingham will draw ‘hundreds and hundreds’ of business figures
WSL chief hails Lionesses’ success as ‘ignition moment’ for women’s football
Women’s Super League has struck multiple commercial deals as it seeks to capitalise on England’s Euro 2025 triumph
Uranium shortfall threatens nuclear energy renaissance, industry warned
Association predicts a ‘significant gap’ between supply and demand unless new sources are found
The psychology of CEO loyalty to Trump
C-suites are conspicuously silent in the face of the president’s policy surprises
European football descends into turf war over plans for overseas matches
Serie A and La Liga say staging games in Australia and US will help close financial gap with English Premier League
London needs more than one new exchange
The more competition, the more chance of innovations succeeding
European start-up valuations boom on investor frenzy
Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown
I can take or leave central bank independence, frankly
It makes no difference to growth and policymakers are always in hock to someone
Reality check looms for Reform UK’s Doge experiment
Nigel Farage’s party seeks to make local government a showcase for its ambition to take power in Westminster
Norway is increasingly disadvantaged outside EU, foreign minister says
Espen Barth Eide and centre-right rival say Oslo is vulnerable while it remains outside bloc but neither plan a vote on joining
The threats to the Fed are a call to action for the ECB
Eurozone central bank may have to be more of a standard-bearer for international co-operation and standards
Inside the battle to protect time
Countries step up research into sophisticated clocks as wars and accidents expose vulnerabilities in crucial timing systems