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Latest

Putting on a brave face… British Prime Minister Rishi Sunak.

Sunak clings on as PM by the skin of his teeth

The local elections were disastrous for the British PM, but rebel Tories have paused because the outcome suggests Labour may not be on course for a landslide.

  • 44 mins ago
  • Hans van Leeuwen
See’s Candies president & CEO Pat Egan talks with Warren Buffett at the See’s Candies booth at the Berkshire Hathaway shareholder meeting.

Warren Buffett says AI may be better for scammers than society

The billionaire investing guru predicted scammers would seize on the technology, and may do more harm with it than all the good already realised or envisioned.

  • 48 mins ago
  • Josh Funk

Israel briefs US on plan to evacuate civilians ahead of Rafah operation

US Secretary of State Antony Blinken says a major military operation in Rafah would result in deaths and damage “beyond what’s acceptable”.

  • Aamer Madhani

Trump and his one-time confidant meet again, this time in a courtroom

Hope Hicks, once a spokeswoman for Donald Trump, broke down in tears on the witness stand as she talked about their time together.

  • Ben Protess, Jonah E. Bromwich, Maggie Haberman and Jonathan Swan

Tories suffer historic losses in UK local elections as voters revolt

The Conservative have lost dozens of seats on local councils - a result that suggests the party faces one of its biggest-ever defeats in the upcoming general election.

  • Pan Pylas

US job growth slows in April; unemployment rate rises to 3.9pc

The closely watched US non-farm payroll report showed employers scaled back hiring.

  • Lucia Mutikani

Opinion & Analysis

Japan turns up the focus on profit growth

The Japanese aren’t known for risk-taking, but fledgling signs in the corporate world show a huge shift could be under way as non-core businesses get spun off.

Jessica Sier

Journalist

Jessica Sier

A bystander to ’60s protests, Biden now becomes a target

The protests pose two political risks to Joe Biden. They could worsen his estrangement with the left and feed into a narrative that he has presided over disarray.

Peter Baker

Contributor

Angry, broken Britain set to push its PM off a cliff

If Rishi Sunak can’t prevent a complete hammering at 100-plus mayoral and council elections, his party might kick off yet another leadership spill.

Hans van Leeuwen

Europe correspondent

Hans van Leeuwen

Berkshire after Buffett: Can his deputies step up?

Ted Weschler and Todd Combs stand to take over a $546 billion portfolio from the world’s best-known investor.

Eric Platt and Patrick Mathurin

Contributor

From the Financial Times

Still the man: Warren Buffett’s Berkshire will hold its annual meeting on Saturday.

Berkshire after Buffett: Can his deputies step up?

Ted Weschler and Todd Combs stand to take over a $546 billion portfolio from the world’s best-known investor.

  • Updated
  • Eric Platt and Patrick Mathurin

Americans have more money, Europeans more time. Which is better?

Life expectancy, happiness, sustainability and innovation are among the factors shaping work attitudes. But money matters most to many.

  • Simon Kuper

BHP’s rivals for Anglo American set to emerge

The UK-listed miner has rejected an approach from BHP, but other major miners including Rio Tinto could announce a competing bid.

  • Updated
  • Tom Wilson
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This Month

Capify is saying goodbye to Goldman Sachs as its funder.

‘Twenty-five times salary’: Goldman scraps bonus cap for bankers

Goldman will allow star traders and deal makers to earn up to 25 times their salary. The bank is trying to make London more attractive to top bankers after Brexit.

  • Eir Nolsoe and Michael Bow
A Ukrainian soldier carries mines that he has cleared from a cemetery in Krasnopillya village in the Donetsk region.

Russia using WW1 chemical weapons in Ukraine: US

The US made the accusation as the French president stepped up calls for Europe to consider sending troops to Ukraine in the future.

  • Constant Méheut and Marc Santora
Foreign Minister Julie Bishop of Australia addresses the United Nations General Assembly, at U.N. headquarters, Friday, Sept. 22, 2017. (AP Photo/Richard Drew)

Has Julie Bishop taken on an impossible task?

The military is losing ground in Myanmar. What follows could be a failed state – and Australia’s former foreign minister will be right in the thick of it.

  • Emma Connors
Biden v. Trump 2.0

Key dates you need to know for the 2024 US presidential race

Here is a timeline of all the important events and dates in the lead up to the US presidential election on 5 November.

  • Reuters and AFR
The yen this week dropped to its lowest level in more than two decades against the US dollar.

Why anger is rising over Japan’s ‘dangerously’ weak yen

Ryohei Kim is furious at the Bank of Japan because of the record-low yen and the impact it is having on his beloved video games.

  • Jessica Sier
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Japan’s corporate overhaul could help solve its productivity problem.

Japan turns up the focus on profit growth

The Japanese aren’t known for risk-taking, but fledgling signs in the corporate world show a huge shift could be under way as non-core businesses get spun off.

  • Jessica Sier
Police advance on pro-Palestinian demonstrators in an encampment on the UCLA campus in Los Angeles.

Biden says ‘order must prevail’ as US college arrests top 2000

The US president has broken his silence, calling for order on college campuses where protests against Israel’s war are escalating and some have turned violent.

  • Matthew Cranston
US President Joe Biden at the White House this week.

A bystander to ’60s protests, Biden now becomes a target

The protests pose two political risks to Joe Biden. They could worsen his estrangement with the left and feed into a narrative that he has presided over disarray.

  • Peter Baker

China’s supercarrier is about to launch. Only one nation can beat her

The Fujian, China’s newest, biggest and most powerful aircraft carrier, is about to go to sea. What does that mean for the balance of naval power?

  • Tom Sharpe
Prime Minister Rishi Sunak is hoping to avoid a wipeout this weekend.

Angry, broken Britain set to push its PM off a cliff

If Rishi Sunak can’t prevent a complete hammering at 100-plus mayoral and council elections, his party might kick off yet another leadership spill.

  • Hans van Leeuwen
Image from video provided by the Philippine Coast Guard of one its vessels being sprayed by Chinese coast guard water cannons this week.

Philippines summons Beijing envoy in South China Sea flare-up

The Philippines has accused China of elevating tensions in the South China Sea after its coast guard used water cannon and damaged two vessels.

  • Mikhail Flore
Jeremiah Manele, then Solomon Islands’ foreign minister, and Chinese Foreign Minister Wang Yi.

New Solomons PM still close to China, but more diplomatic

Despite being foreign minister for almost five years, Jeremiah Manele is unlikely to strictly follow the pro-China policy of his predecessor, according to some.

  • Updated
  • Ben Westcott
Jerome Powell said he didn’t think it was likely the Fed would need to consider interest rate increases.

Powell signals rates will stay higher for longer

The US Federal Reserve has kept rates unchanged but chairman Jerome Powell said inflation was still too high despite “sufficiently restrictive” policy.

  • Updated
  • Matthew Cranston
US Secretary of State Antony Blinken meets with Israeli Defence Minister Yoav Gallant.

‘The time is now’: Blinken puts pressure on Hamas, Israel

The US Secretary of State has urged Hamas to accept a proposed truce in Gaza. And he also expects more from Israel’s leaders.

  • Updated
  • Matthew Lee, Samy Magdy and Sam Mednick
Still the man: Warren Buffett’s Berkshire will hold its annual meeting on Saturday.

Berkshire after Buffett: Can his deputies step up?

Ted Weschler and Todd Combs stand to take over a $546 billion portfolio from the world’s best-known investor.

  • Updated
  • Eric Platt and Patrick Mathurin
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Donald Trump at a rally in Wisconsin.

Trump urges crackdown on ‘raging lunatic’ student protesters

Republicans have seized on the university protests as a wedge issue in the election, as anger among Joe Biden’s Democrats grows over Israel’s war in Gaza.

  • Michael Gold
Joe Biden has said that he is hoping Jerome Powell will announce a rate cut this year.

Powell bristles at election influence on rate cuts

The Federal Reserve chairman has taken umbrage at suggestions monetary policy decisions will be influenced by the US presidential election.

  • Matthew Cranston
Demonstrators clash at a pro-Palestinian encampment at UCLA early Wednesday in Los Angeles.

Violent clashes at UCLA, police storm Columbia Uni

Police moved in to arrest pro-Palestinian protesters at the Ivy League university, which has been struggling to balance freedom of speech with antisemitism concerns.

  • Updated
  • Jonathan Allen and Brendan O'Brien
Plans for the expansion of  Tesla’s Supercharger network are now unclear.

Tesla fires Supercharger team, raising doubts about expansion

The abrupt dismissal of the Supercharger team caught many people off-guard, and suggested that Elon Musk had changed his mind about the company’s strategy.

  • Updated
  • Jack Ewing

Americans have more money, Europeans more time. Which is better?

Life expectancy, happiness, sustainability and innovation are among the factors shaping work attitudes. But money matters most to many.

  • Simon Kuper