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The Latest Breaking News from the Financial Times

European defence IPO: KNDS lays out listing plans that could value it at up to €15bn

The Franco-German manufacturer behind the Leopard and Leclerc battle tanks, KNDS, has officially announced its plans for an IPO, listing shares in Paris and Frankfurt within weeks, capitalising on Europe's race to rebuild its military capacity.

Euronews

New regime over Hormuz? How Iran seeks to tighten control after US peace deal

Iran's new Strait Authority is mandating insurance for ships in the Strait of Hormuz, raising fears of future passage fees. While currently free, this move follows a 60-day interim agreement to restore traffic. Observers suggest Iran is establishing a new regulatory framework, potentially challenging international maritime law. Discussions with Oman…

The Times of India

Air India at a crossroads as Tata weighs Nipun Aggarwal, Vinod Kannan for next CEO, says report

Air India's leadership race is heating up with Nipun Aggarwal and Vinod Kannan as top contenders to steer the airline through turbulent times. Aggarwal, a key figure in its transformation, faces scrutiny over global experience, while Kannan brings proven leadership from Vistara. The decision, however, is complicated by internal power…

The Economic Times

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read the most diverse news in one place.

OpenAI’s balance sheet remains the most mysterious—and consequential—in business

A combination of blogger Ed Zitron and the Financial Times reported that OpenAI’s 2025 financials look, well, pretty rough.

Fortune

Patriot, IRIS-T, Flamingo: Germany's long-range weapons gap

Global shortages of Patriot missiles are putting air defence systems under pressure. Germany's IRIS-T offers one answer, but Berlin still lacks the long-range firepower needed for deep strikes.

Euronews

Inside KPMG's AI report scandal: False claims, bogus case studies and hallucinated success stories

KPMG has retracted a global report after major organizations like UBS and the NHS denied claims of using AI for operational transformations. The report, which contained fabricated case studies and AI-generated inaccuracies, was flagged by GPTZero and the Financial Times. An internal investigation is underway as the firm faces scrutiny…

The Economic Times

Trump terms $300 billion fund to rebuild Iran as 'fake news'

US President Donald Trump has dismissed claims of Washington paying Iran a massive sum. Reports suggested a $300 billion fund for investment, contingent on Iran's nuclear deal compliance. This fund would be for companies, not direct government payments. Sanctions relief would be phased, linked to Iran's actions. Officials emphasize no…

The Economic Times

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BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and why

BBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider plan to reduce spending by £500 million over the next two years. The broadcaster's news division is expected to be among the hardest hit, with…

The Economic Times

Putin’s paranoia: AI espionage pushes Kremlin to reinforce security measures

Russia’s security services temporarily disconnected a special surveillance system protecting Putin and his close circle in the wake of the US-Israeli killing of Iran’s supreme leader Ayatollah Ali Khamenei, the Financial Times reported. The alleged incident highlights the heightened security threat of AI video analysis for the Russian leadership, said…

France 24

Robotics Company Developing Cognitive Robots Secures Up to $1.4 Billion From Top Companies

Neura Robotics develops cognitive robots capable of seeing, hearing, sensing, and learning from their environments. It has secured $1.4 billion in investments from top companies.

International Business Times

Farage says Reform ‘unapologetic’ about Robert Kenyon’s past social media use

Mr Kenyon, who is standing against Andy Burnham in the Makerfield by-election, supported an offensive post about Carol Vorderman on X.

Evening Standard

No 10 rejects reports Sir Keir will tell ministers to quit if they back Burnham

The Financial Times reported that the Prime Minister has taken action to see off any resignations should Mr Burnham return to Parliament.

Evening Standard

‘I call the shots’: Donald Trump says Netanyahu will have to accept any US-brokered ceasefire with Iran

"He doesn't call the shots."

We Got This Covered

UK Police Were Found Using AI in Court Statements and Told to Stop Over Legal Accuracy Fears

Police in England and Wales have paused the use of AI in court statements due to accuracy concerns, stressing strict standards for legal reliability.

International Business Times UK

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International Business Times UK

Netanyahu Just Told Donald Trump to Pound Sand and Responded to Iranian Missile

Israeli strikes on Iran after a missile attack have fuelled claims that Donald Trump has 'lost control of the war in Iran,' after he insisted Benjamin Netanyahu 'doesn't call the shots.'

The Independent UK

Ukraine-Russia war latest: Kyiv ‘recaptures area two times size of Birmingham’ as Zelensky calls Trump envoys

Zelensky says he has held a 'positive conversation' with Witkoff and Kushner about ending Putin's invasion

The Independent UK

Iran-US war latest: Trump insists Israel will not resume war after ‘on your own’ warning to Netanyahu

US president said of Israeli prime minister Benjamin Netanyahu: ‘If I tell him to do something, he does it’

AAP

The Latest: Israel launches airstrikes on central and western Iran after Iranian missiles fired

Israel has launched airstrikes on central and western Iran in response to missile fire from the Islamic Republic

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news in one place.

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The Times of India

'I call the shots': Trump insists Iran deal on track amid fresh strikes, says Netanyahu has 'no choice'

President Trump asserted that Israeli Prime Minister Netanyahu would have no choice but to accept any Iran deal negotiated by Washington, stating he calls the shots. Despite Iran's missile attack on Israel and subsequent Israeli strikes, Trump insisted the escalation would not impact ongoing negotiations.

Fortune

AI productivity gains are real but so is bad management: 'Leaders are really struggling to articulate what the vision and strategy is'

In the meantime, BCG's David Martin told Fotune, fear runs amok. "A sharing culture is incredibly important, but it's not natural for fearful employees.”

Bangkok Post

US in talks to expand nuclear weapons deployments in Europe, FT says

BENGALURU — The United States is discussing whether to deploy nuclear ‌weapons in additional North Atlantic Treaty Organisation (Nato) states in Europe, the Financial Times ( FT ) reported on Tuesday.

International Business Times UK

Trump Billion Pound Project Leaves Rural Vietnam in Tears as Families Are Ordered to Dig Up Longstanding Graveyards

A Trump Organisation golf resort in Vietnam is displacing over 4,000 households, sparking outrage over inadequate compensation. It bypassed standard environmental reviews and public consultations.

The Independent UK

Vietnam moves its dead to make way for Trump golf course, report says

‘The grave of my great-grandparents has been there since 1967...So why should I move them?’

The Economic Times

China says EU using trade data selectively to justify import curbs, warns of response

China has voiced strong objections to the EU's application of trade data, suggesting a skewed portrayal. While the European Union weighs potential import quotas and tariffs aimed at shielding its industries from Chinese rivalry, China has countered that trade relies on mutual consent.

PC Gamer

Samsung workers to take home $340,000 on average thanks to union's vote to approve historic profit-share deal

Memory makes much money, mate.

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Ayatollah Ali Khamenei

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