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FirstFT: Trump presses Israel and Iran to uphold ceasefire

Also in today’s newsletter, US president signals sanctions relief for China to buy Iran’s oil, and Australia weighs adding YouTube to under-16s social media ban

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Nato chief Rutte praises Trump for making Europe β€˜pay in a BIG way’

US president releases flattering message that also hails β€˜truly extraordinary’ Iran strikes

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Treasury yields fall even after Powell says the Fed can wait to cut rates

U.S. Treasury yields rose Tuesday after U.S. President Donald Trump said that a ceasefire was in effect.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

OpenAI and Jony Ive accused of trying to β€˜bury’ rival start-up

CEO of iyO won restraining order forcing Sam Altman-led group to pull marketing materials about $6.4bn venture

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

California ports see new wave of freight containers as ships try to beat China tariff hike

A new wave of shipping containers from China is arriving to Port of Los Angeles and Long Beach, California, to beat an upcoming deadline for Trump tariffs.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

The sales are the first stop in Huang's plan adopted in March to sell as many as 600,000 shares of the AI company through the end of the year.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Wall Street firms emerge as top bidders for insurer Brighthouse

TPG and Aquarian hope a deal will provide a ready source of investment capital from customer policy premiums

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump pushes Israel and Iran to preserve ceasefire

US president denounces violations of fragile truce by both sides

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Starmer faces growing Labour rebellion over welfare cuts

Dissenting MPs say more than 125 signatories to an amendment to block UK premier’s legislation from a vote next week

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

BoE’s Bailey warns on UK productivity in challenge to Reeves

Governor said he was β€˜sceptical’ about OBR assumption of a rebound in growth rates

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Too soon to celebrate peace between Iran and Israel?

Tensions remain despite Trump’s claim to have ended the war

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

The war that will remake Iran’s Islamic republic

Even without toppling the regime, Israel and the US’s assault is set to bring sweeping change rivalling the 1979 revolution

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

French Socialists threaten to topple Bayrou government over pensions

Failure of talks between unions and employers about retirement age could trigger censure vote

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

China is working to undermine UK democracy, British government says

Long-awaited official report also recommends increasing trading links to boost economic growth

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Many insurance underwriters won't offer Middle East coverage to U.S., Israel, U.K.-linked vessels at any price

Many underwriters in maritime insurance won't offer Mideast coverage to shipping vessels linked to the U.S., Israel or U.K. as the war risk premium spikes.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Gulf expat bubble punctured by missiles

Overseas workers moved to an oasis of prosperity and security in the region. Then the explosions started

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

In charts: why Labour MPs are rebelling over Starmer’s welfare reforms

The prime minister’s benefits overhaul would hit the UK’s poorest

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Does Iran’s nuclear programme have a future?

Tehran could react to the war by withdrawing from the non-proliferation treaty and covertly pursuing a bomb

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism

The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Powell pushes back on calls for Fed rate cuts as soon as July

US central bank chair tells congressional committee economy remains β€˜solid’ but tariffs could push up prices

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

How Trump brokered a shaky Israel-Iran ceasefire

Tentative truce seeks to bring an end to destructive 12-day conflict that has reshaped Middle East

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

When Milan men’s fashion week turned pyjama party

Designers embraced a gentler, sometimes crumpled aesthetic

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

Starmer vows to press on with welfare cuts despite Labour rebellion

Opponents of government bill seek to pressure ministers into making changes to benefit reforms

Published on: June 24, 2025 | Source: Financial Times - World favicon Financial Times - World

'Fire up the deportation planes': Trump official praises Supreme Court ruling

Plaintiffs in the case want the right to challenge deportations to countries other than their own because of the risk of persecution, torture or death.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Was it all 'just a big show?' Anxiety, frustration and hope for Middle East residents as Trump brokers fragile ceasefire

Many across the region describe the attacks of Monday night as a choreographed show β€” but anxiety remains.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Tesla robotaxi incidents caught on camera in Austin draw regulators' attention

NHTSA pressed Tesla for more information about robotaxi incidents caught on camera and shared widely on social media.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Deutsche Bank’s CEO is doubling down on defense investment

"We have actually sized up not only our portfolio appetite, but also the resources we bring in in order to advise our clients," Christian Sewing told CNBC.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Google could face changes to search in the UK as regulators crack down

Britain's Competition and Markets Authority said it's consulting on a proposal to give Google "strategic market status."

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Goldman Sachs and Citadel back crypto firm Digital Asset in $135 million funding round

The company said it will use the funding to advance adoption of the Canton Network, a blockchain for financial institutions.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Amazon to invest Β£40 billion in the UK over next three years

Britain has been courting investments from major tech players of late as it looks to boost domestic growth and productivity.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

How war-torn Myanmar plays a critical role in China's rare earth dominance

While China has a near monopoly on rare earth element processing and refining, it has quietly become reliant on raw materials from the war-torn Myanmar.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

The Iran-Israel conflict isn't denting Chinese business optimism in the Middle East

"Overall, Chinese merchants are relatively optimistic," says Bear Huo, China general manager at FundPark, a fintech startup.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

NATO wants allies to spend 5% of GDP on defense: This chart shows how hard it could be

NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart shows what a big ask that is.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Can Germany afford a 5% NATO defense spending target?

Germany has said it supports a higher defense spending target even though this could leave Europe's largest economy in fiscal hot water.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International

Oil prices fall nearly 3% after Iran strike on U.S. base in Qatar leaves no reported casualties

Oil markets are reacting to the effect of a U.S. decision to directly enter the Iran-Israel conflict.

Published on: June 24, 2025 | Source: CNBC International favicon CNBC International