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[EN] Financial Times

Unions demand softening of UK immigration reforms

Proposals will ‘punish’ low-paid migrants doing essential work in public services and create a new staffing crisis in social care, says motion passed at TUC

Why delaying an AI doomsday would benefit investors too

A slowdown would reduce the enormous amounts of cash being lavished on training new models

Trump claims Russia and Ukraine have agreed energy truce

Kyiv was caught off guard by the US president’s announcement after previous attempts to halt strikes on power plants and refineries failed

Time for a pause on cutting-edge AI

The most advanced models are starting to escape human control

Germany tells Andrea Orcel to keep Commerzbank’s Frankfurt HQ after takeover

Finance minister Lars Klingbeil wants safeguards for the bank’s 40,000 employees and its role in financing the Mittelstand

Ten-year Treasury yield hits 5% for first time since 2023

World’s most widely watched financial marker moves towards levels not seen in decades as inflation shock from Iran war lingers

Oil hits $109 after Saudi Arabia closes vital export pipeline

Riyadh pulls out of regional talks to de-escalate hostilities over Strait of Hormuz in wake of drone attack last week

We won’t solve young people’s worklessness without listening to them

High-quality vocational options must be designed for all children and not as plan B for those who struggle academically

France in ‘astonishing’ push to lift EU sanctions on Russian oligarch

Paris replicates Viktor Orbán’s tactics in bid to free French nationals from Azerbaijan

UK government to take over insolvent steelmaker

Norwegian firm Blastr had been in talks to acquire Speciality Steel UK, once part of Sanjeev Gupta’s metals empire

Britain’s assisted dying debate was hobbled by a lack of candour

Legislation defeated in parliament last week was so narrowly defined as to be unworkable

Syrians take to the streets over fuel price rise

Sharp increases by government to cost of diesel and petrol spark nationwide protests

Tilda Swinton makes a triumphant return to the stage in Man to Man

Revisiting a part she first played almost 40 years ago at London’s Royal Court, the actor is riveting as a woman enduring Germany’s chaotic 20th century

US tech stocks fall after big AI groups call for slowdown

Memory-chip makers and Nvidia slide during morning trading in New York

Steve Bannon and Bernie Sanders unite in AI safety call

Rightwing activist and leftwing senator join forces to demand stronger regulation of the technology

Brain implant lets paralysed patients speak via digital avatar

New neurotechnology could eventually help people who have lost speech faculties due to stroke or brain conditions

Sacked top civil servant given £860,000 pay-off approved by Starmer

Settlement for Chris Wormald far exceeded standard contractual entitlements, former PM was told

America’s superheroes moved to Britain, but will they stay?

The UK has been a major beneficiary of Hollywood shifting movie production overseas

Stoltenberg reneges on Munich Security Conference top job plan

Former Nato secretary-general to ‘co-chair’ German foreign policy and defence forum while remaining in Norway

Despite high-end holiday boom, Club Med investors have a lot to unpack

Resort operator plans to offer more premium all-inclusive breaks but it is a tough business in a highly competitive market

How much should lenders charge hyperscalers?

Pricing equity punters’ collective histrionics in a credit context

Crispin Odey loses appeal against industry ban

Hedge fund founder’s fine reduced to £1.5mn but verdict is blow to attempts to repair his reputation after allegations of sexual harassment and assault

AI companies must relinquish some of the power at their disposal

The founders of OpenAI, Anthropic, Grok and DeepMind have warned about the dangers, now technology needs to be human scale

Michael Dell’s family office leads $7.7bn deal to take insurance broker private

DFO Management and Sequence clinch acquisition of Baldwin Group as industry undergoes wave of consolidation