Houthis strike Saudi Aramco headquarters
Iran-backed militants retaliate after Riyadh-led coalition targets sites in Yemen’s capital
European oil refineries’ margins collapse as input costs soar
Slump in profits raises prospect of output cuts even as continent faces soaring prices for refined products
Government finally signals action on AI
Ministers and MPs have stepped up their scrutiny of the technology after months of paying it little attention
Ukraine blindsided by Starlink restrictions and intelligence gaps during Russian attack
Moscow ignores Donald Trump’s ‘energy ceasefire’ while Kyiv’s forces experience connectivity problems on Elon Musk’s satellite network
Olympus shares suffer biggest drop since 2011 after FDA warning
Japanese medical devices maker tumbles 13.5% as private equity circles company
AI demand to exceed supply for 2 more years, says ASML
Europe’s most valuable company said its clients that include TSMC and Intel were experiencing ‘very, very strong demand’
Gold Fields mounts charm offensive to woo Northern Star investors
South African miner’s chief meets Australian shareholders to promote merits of creating global gold ‘powerhouse’
Transcript: FT Weekend Fest — Could AI make us happier?
Madhumita Murgia talks to Alain de Botton
FTAV’s further reading
Convexity angst; Deloitte and Abramovich; Anthropic assistant; Terrence Tao; AI researchers smoking
The rollout of 24-hour* trading
*It’s actually 23 hours
Le Pen casts doubt on future EU funding for Ukraine
Also in this newsletter: EU leaders urged to rethink carbon costs for industry
Maybe R-star never even existed?
Ruffer chimes in
The Story of Money with Gillian Tett and Robin Wigglesworth
They say money makes the world go round, but was it always this way? Join Gillian Tett and Robin Wigglesworth on The Story of Money as they revisit the pivotal moments when money shaped history.
FirstFT: Marine Le Pen gears up for EU fight
Also in today’s newsletter: Healey’s UK Budget and Saudi Aramco HQ attacked
Russia arrests Japanese journalist on espionage charges
Detention of Hokkaido Shimbun reporter follows series of arrests denounced as politically motivated
Transcript: France’s Marine Le Pen readies for fight with EU
Marc Filippino speaks to Roula Khalaf, Stephen Foley and Charles Clover
UK’s Schillings sets up private investigations business with US law firm Clare Locke
Groups known for battling the press set up US intelligence company co-led by a former senior CIA official
Move over New York and LA: red states are the new home for art
Scenes are flourishing in Texas and Georgia as professionals and creative talent head inland
Marine Le Pen vows ‘trial of strength’ with EU
Far-right leader aims for radical change in bloc’s powers and budget even as she tries to reassure voters over her pragmatism
Top London private school reverses plan to scrap GCSEs
Latymer Upper School’s changes pledge for a new curriculum following pushback from universities
By going private, Bumble may finally make a good match
Sharpening the AI tools at its disposal could improve outcomes and potentially enable the dating app to get people to pay
Germany puts Ukrainian ex-officer in the dock over Nord Stream sabotage
Serhii Kuznietsov is accused of leading group of divers who placed explosives on the Russian gas pipelines in the Baltic Sea
How Ukraine’s data centre strikes threw Russia into turmoil
Kyiv’s attacks exposed vulnerabilities of Kremlin effort to centralise internet services under one company
The art of living dangerously
It would be nice to think that the world will become less shock-prone, but it probably won’t