US stocks post worst slide in two months on gloomy economic data

US stocks post worst slide in two months on gloomy economic data

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US stocks fell the most in two months as a bout of gloomy economic data showed sentiment among consumers and businesses has cooled a month into Donald Trump’s presidency. The S&P 500 fell 1.7 per…

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Hackers steal $1.5bn from crypto exchange Bybit in biggest-ever heist

Hackers steal .5bn from crypto exchange Bybit in biggest-ever heist

Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. Hackers stole about $1.5bn in crypto tokens from Bybit, in a heist the digital asset exchange described as the biggest theft to hit the industry. Ethereum coins were been taken from Bybit’s offline or “cold” wallet,…

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What’s really behind Trump’s abrupt pivot to Russia?

What’s really behind Trump’s abrupt pivot to Russia?

Flying back from Florida on Wednesday night on Air Force One, Donald Trump was asked if he trusted Russia to negotiate in good faith when it came to settling the war in Ukraine. “I do. I think the Russians want to see the war end, I really do,” the US president said during a 14-minute…

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Germany’s Merz says Europe can no longer rely on US protection

Germany’s Merz says Europe can no longer rely on US protection

Germany’s likely next Chancellor warned that Europe can no longer rely on the US to defend it unconditionally, on the eve of an election in which the country’s far-right, pro-Russian party is set to score the best result in its history. Friedrich Merz, leader of the centre-right Christian Democratic Union, which polls say will top…

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America has turned on its friends

America has turned on its friends

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Winston Churchill is credited with saying that America does the right thing after exhausting the alternatives. Donald Trump has turned that aphorism on its head. In the past 10 days, he has all…

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Thames Water receives £7bn bid from Hong Kong’s CK Infrastructure

Thames Water receives £7bn bid from Hong Kong’s CK Infrastructure

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong’s CK Infrastructure has made a preliminary £7bn bid to take a majority stake in Thames Water, while indicating that it would require the troubled utility’s bondholders to take significant haircuts. CKI, part of…

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German federal election 2025: what’s at stake?

German federal election 2025: what’s at stake?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. German federal elections on Sunday will not only determine the future of Europe’s largest economy, but also the outlook for the whole continent as it grapples with existential questions, after the Trump administration made it…

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Vladimir Putin prepares for return of western companies to Russia

Vladimir Putin prepares for return of western companies to Russia

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Vladimir Putin has ordered his cabinet to prepare for the return of western companies, a sign of a potential corporate renaissance from the unfolding US-Russia rapprochement. Russia’s president said on Friday he wanted…

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Poland’s political rift deepens as ‘coup’ allegations fly

Poland’s political rift deepens as ‘coup’ allegations fly

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland’s nationalist opposition has amplified its conflict with the pro-EU government led by Donald Tusk, with both sides accusing each other of attempting to skew the results of upcoming presidential elections. Senior politicians in the…

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