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FirstFT: Europe scrambles to salvage Ukraine peace hopes
Also in today’s newsletter, Trump still deciding tariff rates for Mexico and Canada, and crypto prices jump1h - World -
Chinese chain selling bubble tea for under $1 soars 40% in Hong Kong debut
Mixue’s IPO, city’s biggest in year to date, highlights investor focus on China’s price-conscious consumers1h - World -
New York’s biggest arts museum is underground
A deep-dive into the world-class collection beneath the streets that stretches across the five boroughs2h - World -
‘It’s like déjà vu’: can Trump’s tariffs revive American aluminium?
US president’s plan to kick-start US industry risks being thwarted by the high price of electricity2h - World -
The look of Italian fashion now
On the final days of Milan Fashion Week, Ferragamo hits a high note and Bally nails conceptual branding2h - World -
Drugmakers prepare to sue EU over tax to pay for waste water clean-up
Pharma and cosmetics industries want other sectors to contribute ‘fair share’ towards cost of removing pollutants2h - World -
Is giving old reactors new life the future of nuclear energy?
Countries want to squeeze more electricity from ageing power plants to help meet global demand, but the strategy has its own challenges2h - World -
How big is the stock market’s America bubble?
US has grown to nearly two-thirds of global equity market value, but some analysts see danger in ‘huge bet on AI’2h - World -
What Tesla’s tarnish tells us about America Inc
Elon Musk’s company, like the US itself, seems like a sell2h - World -
Negotiations over Ukraine are missing a human dimension
Ukrainians want peace more than anyone else. But we demand real peace2h - World -
EU to extend relaxed subsidy regime for energy
Draft guidelines show Brussels plans to continue softer policing of state aid curbs to enable green goals2h - World -
7-Eleven owner set to replace its leader with first foreign CEO
Japan’s Seven & i expected to act after options narrow to takeover by Canada’s Couche-Tard or forging new path2h - World -
China adviser pushes for lower marriage age to boost births
Thousands of delegates gather in Beijing for annual meeting of country’s rubber stamp parliament3h - World -
Arrival of US tariffs set to embolden Canada’s new leader
Plus, ex-Barclay boss Staley seeks redress in London courts and markets await expected ECB rate cut12h - World -
It’s not all Trump’s fault
There is more to markets’ uneasy mood than policy uncertainty37m - World -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts say5d - World -
Israeli forces to remain in northern West Bank all year as military operation expands
IDF troops ordered not to allow residents to return to cleared camps as PM delays release of Palestinian prisonersFeb. 23 - World -
BMW pauses £600mn investment plan to produce electric Minis in Oxford
German carmaker’s review follows UK plant closures by Honda, Ford and JLR over the past decadeFeb. 23 - World -
Thames Water investigated over delayed environmental schemes
Ofwat says Thames Water’s customers had paid for essential works, adding to pressure on utilityFeb. 12 - World -
Hottest January on record shocks scientists
Data adds to fears that climate change is accelerating, as La Niña phenomenon fails to cool global temperaturesFeb. 5 - World -
Santander profits rise at UK arm
Spanish lender says it faces competitive environment in market where future of its business remains in doubtFeb. 5 - World -
We did a fancy exhibition of charts. Here’s how to get your hands on one of them
Charts + church + charity1h - World -
Zelenskyy’s humiliation in the White House
Ukraine’s president finds himself squeezed between two big powers2d - World -
Europe should be flattered by Maga’s attacks
A central goal of Trump’s henchmen is to defang the EU’s regulatory power for the benefit of American Big TechFeb. 23 - World -
Musk sets up clash with Republican hawks over ‘Doge dividend cheques’
Billionaire says Donald Trump backs his idea to distribute cost-cutting savings to US citizensFeb. 20 - World -
Forget the US — Europe has successfully put tariffs on itself
High internal barriers and regulatory hurdles are far more damaging for growth than anything America might imposeFeb. 14 - World -
Tariffs won’t bring back America’s unipolar moment
Trade is wrongly blamed for the relative decline of the USFeb. 12 - World -
Trump, Putin, Xi and the new age of empire
The leaders of America, Russia and China are now all committed to territorial expansionFeb. 10 - World -
UK recruiters say toughest conditions in jobs market since Covid
KPMG/REC report points to impact of tax-raising measures in October Budget on employer confidenceFeb. 9 - World -
Labour cannot afford to look like the status quo party
Keir Starmer’s style is too decorous to be seen as insurgent but that’s what the political moment calls forFeb. 6 - World -
Trump tariffs will lead to US brand boycotts, Jim Beam owner warns
Suntory boss expects to sell less in Europe, Canada and Mexico as a result of US president’s protectionist trade policiesFeb. 5 - World -
Trump wants Ukrainian rare earths deal in return for US military support
US proposal appears to align with President Zelenskyy’s strategy to keep Washington onsideFeb. 3 - World -
Europe juggles protecting Ukraine with rebuilding its own defences
Also in this newsletter: the free market case for more green subsidies1h - World -
Taiwan catches Chinese-owned ship in act of cutting subsea cable
Confrontation comes after Taipei launched crackdown on Beijing’s ‘shadow fleet’5d - World -
Russia’s executions of Ukrainian prisoners point to systematic policy
FT documentary investigates rise in cases of Russian soldiers executing Ukrainian POWsFeb. 20 - World -
US to remain in Ukraine arms initiative, says UK
Donald Trump had previously warned that he could suspend US shipments to KyivFeb. 12 - World -
Trump announces US ‘gold card’ visa scheme
Wealthy foreigners will be able buy ‘route to citizenship’ for $5mn, president says5d - World -
Europe needs Friedrich Merz to succeed
The first moves by Germany’s chancellor-designate are bold and encouraging6d - World -
Quarter of UK employers plan to cut jobs before tax rises bite, report finds
Increase in national insurance contributions and higher minimum wage are increasing employment costsFeb. 16 - World -
Bank of England expected to cut rates again as UK economy stagnates
Quarter-point reduction forecast even as short-term inflation pressures are set to increaseFeb. 3 - World