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UK to unveil pension reform aimed at boosting retirement savings

Parliamentary bill presented on Thursday set to include a โ€˜reserveโ€™ power that could force schemes to invest more in Britain

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Tory shadow chancellor to say sorry for Liz Truss mini-Budget

Mel Stride will say in speech that 2022 fiscal event โ€˜damaged credibilityโ€™ of main opposition party

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Trumpโ€™s โ€˜big beautiful billโ€™ will swell US debt by $2.4tn, warns fiscal watchdog

Administration insists legislation will slash the deficit

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Musk whips opposition to Trump tax plan: 'KILL the BILL'

Musk's reaction likely comes in part because Trump's bill cuts an EV tax credit that helps Tesla, a source familiar with the matter told NBC News.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

Boeing reaches deal to avoid prosecution over 737 Max crashes

Agreement with US justice department allows plane maker to withdraw an earlier guilty plea

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

FirstFT: Apple and Alibabaโ€™s AI rollout in China hit by delay

Also in todayโ€™s newsletter, South Koreaโ€™s new president warns of โ€˜tangled webโ€™ of crises, and why Toyota Industries shareholders are outraged

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

500,000 more children in England to be eligible for free school meals

PM expanding access as he seeks to head off backbench Labour rebellion over plan to cut welfare payments

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Amazon's R&D lab forms new agentic AI group

The new group will help develop an agentic AI "framework" for use in its robotics operations, an application often referred to as "physical AI."

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

Biden White Houseโ€™s Karine Jean-Pierre quits Democratic party

Public face of ex-presidentโ€™s administration plans to publish tell-all book about time in office

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Chart and Flowserve agree $19bn deal to form liquid technologies leader

Merged group will be renamed and have its headquarters in Dallas

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'

Reddit's lawsuit against Anthropic is the latest generative AI battle to find its way to the courtroom.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

Trump tax bill would add $2.4 trillion to deficits, Congressional Budget Office says

The Trump-backed budget bill has come under fire from former DOGE head Elon Musk and some GOP senators as it moves through Congress.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

OpenAI tops 3 million paying business users, launches new features for workplace

The users are comprised of ChatGPT Enterprise, ChatGPT Team and ChatGPT Edu customers, OpenAI said.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

โ€˜Accept it or you have to walkโ€™: Labourโ€™s UK spending review battles enter final stage

Chancellor Rachel Reeves faces โ€˜make or breakโ€™ moment for governmentโ€™s pledge to deliver 1.5mn new homes

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Putin planning to retaliate for Ukraine drone attack, says Trump

US president says after call with Russian counterpart that Moscow is not ready for โ€˜immediate peaceโ€™ with Kyiv

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Iranโ€™s supreme leader hits back at US nuclear proposal

Ayatollah Ali Khameneiโ€™s first comments on proposed US deal draw a Trump response who says decision โ€˜must be made quicklyโ€™

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Israeli opposition seeks to dissolve parliament after Netanyahu coalition rift

Motion comes as prime ministerโ€™s ultra-Orthodox allies threaten to quit government in dispute over conscription

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says he spoke to Putin, predicts no 'immediate' peace for Russia and Ukraine

Putin in the call with Trump vowed retaliation against Ukraine for its recent drone attack on Russian bombers, the U.S. president said.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

Thames Water faces weeks of uncertainty as watchdog reviews ยฃ4bn creditor plan

Senior bondholders propose injecting equity to match KKRโ€™s defunct bid but plan needs approval from Ofwat and courts

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Criminals steal ยฃ47mn from HMRC after accessing 100,000 taxpayersโ€™ accounts

MPs criticise agency for not disclosing phishing attack, which happened last year, sooner

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Why investors lack a theory of everything

Markets have no fundamental laws, which is why they are so interesting

Published on: June 04, 2025 | Source: Economist - Finance favicon Economist - Finance

The thorny path for South Koreaโ€™s new president

Lee Jae-myungโ€™s victory is an affirmation of democracy after Yoon Suk Yeolโ€™s martial law bid

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Apollo targets $100bn in German deals

US private capital groupโ€™s pledge comes as Berlin seeks to unleash investment in defence and infrastructure

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Chimeโ€™s IPO may struggle to strike a chord with investors

Public investors can afford to be picky โ€” and risk rather than reward might end up setting the tone

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says 'Too Late' Powell must lower interest rates after weak ADP jobs report

Trump has branded Powell with the nickname "Too Late" as a criticism of the Fed Chair's continuing decision to hold interest rates steady.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

Itโ€™s always steel โ€” tariffs provide Trump with a familiar trade weapon

The industry has suffered from overproduction and protectionism for decades

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Apple and Alibabaโ€™s AI rollout in China delayed by Trump trade war

Partnership between US and Chinese tech groups stalled by Beijing regulator in wake of geopolitical tensions

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

EU urges China to loosen rare earth curbs as carmakers near crisis point

European trade commissioner Maroลก ล efฤoviฤ raises shortage of vital materials with Chinese commerce minister

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump tells Powell to cut rates as data raises concern for US economy

US president says Federal Reserve has been too slow to lower borrowing costs in contrast to ECB

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says โ€˜extremely hardโ€™ to make a deal with Chinaโ€™s Xi as trade stalemate fuels calls for leaders to talk

The two countries have blamed each other for violating a trade agreement reached in Switzerland on May 12.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

Private equity bosses turn bullish on Europe

At SuperReturn in Berlin, a buzz around Europe is undeniable.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

Nissanโ€™s CEO on leading in chaos: Be fast and be flexible

Across sectors, CEOs are under pressure to navigate geopolitical instability, economic uncertainty, and rapid technological change.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

Swiss franc's safe haven status is proving to be a headache for the nation

The Swiss currency is widely seen as a safe haven asset.

Published on: June 04, 2025 | Source: CNBC International favicon CNBC International

How big is the economic dividend from extra defence spending?

UK ministers argue that higher military budgets will spur innovation and lead to long-term productivity gains

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Wealthier Americans flock to dollar stores as tariffs stoke consumer angst

Dollar Tree and Dollar General say more middle- and high-income shoppers are visiting their outlets

Published on: June 04, 2025 | Source: Financial Times - World favicon Financial Times - World