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[EN] Financial Times

Fed’s Beige Book highlights weak consumer and reliance on AI build-out

Middle-income households are under increasing pressure as inflation rises

Google upsizes historic equity raising to $85bn to back AI spending spree

Tech giant’s first stock offering in more than two decades gets strong demand as investors shrug off huge investment plans

Trump’s proposed grant rules could destroy US science, researcher warns

Additional funding controls by Office of Management and Budget will make new discoveries less likely, say critics

Ebola spreads to new areas of DR Congo as outbreak widens

One infected person in Uganda is known to have travelled to the United Arab Emirates before falling ill

Trump’s Iran war drains US oil stocks to lowest level since 2004

Industry warns prices could soon jump as inventories reach ‘critically low’ threshold

Europe’s tightrope walk on tech sovereignty

EU should be wary of curbing access to US providers as it tries to nurture its own

UK government urges companies to share data about AI effects on workforce

Move comes amid concerns that AI will exacerbate youth unemployment

Barclays hopes to boost UK economy with enlightened self-interest

Bank wants the government to make changes that encourage more foreign companies to manage their cash from the UK

Elon Musk shifts social media focus from SpaceX to UK far-right politics

Tech billionaire writes 110 posts, retweets and replies about British affairs in space of week

Starmer pushes ‘bucket list’ policies as fatalistic mood descends on Number 10

UK prime minister could be ousted within weeks if Andy Burnham wins Makerfield by-election

UK government adviser urges clarity on Palantir access to NHS patient data

Move by Nicola Byrne comes after FT reported that health service had agreed new ‘admin’ role for some external staff

Employers step in to fill the AI education gap

School and university curricula aren’t nimble enough to keep up with rapid tech transformation

Gulf states in talks for oil pipelines to bypass Hormuz

Oil exporters seek alternative ways to export, as crucial waterway has been disrupted for over three months

One killed and dozens hurt in Iranian strike on Kuwait airport

Ceasefire between Iran and US comes under strain

MP sues Musk’s xAI in UK test case over fake sexual images

Legal claim by Jess Asato challenges whether AI model-makers are liable for what their systems produce

Bessent says US inflation jump will be ‘short-term blip’

Treasury secretary defends Donald Trump’s economic record amid mounting frustration over Iran war

Former UBS private credit fund says law firm helped defraud it of $145mn

Fund alleges Pillsbury Winthrop lawyer sent it ‘fake financials’ to secure loans linked to Aspiration Partners

The best theatre shows to see in London and beyond

War Horse gallops back on to the stage in a stunning revival

Returning to London’s National Theatre almost two decades after its premiere, this acclaimed production feels as groundbreaking as ever

The garden that’s raising the bar in the Bahamas

On a secluded cay in the Exuma archipelago, native plantings and dune protection are the roots of a lush tropical haven

Partners Group limits withdrawals at private equity fund for wealthy individuals

Swiss private capital firm caps redemptions from its $8.6bn flagship vehicle

Tweaks to the BoJ’s balance sheet plans in June could follow bond volatility

Bank of Japan has been slowly reducing its bond purchases to speed up quantitative tightening efforts

Trump’s tariff threats spark political storm in Brazil

President Lula lashes out at lead election rival Flávio Bolsonaro over US lobbying effort

Nissan signs deal with China’s Chery for Sunderland car production

Future of UK’s largest car plant was thrown into doubt by massive restructuring of Japanese group