Financial Times World

Goldman Sachs has restricted employee betting on prediction market platforms like Kalshi and Polymarket. These platforms are creating compliance challenges for heavily regulated banks.

Mel Stride, the Tory shadow chancellor, pledges tax cuts and 'responsible radicalism' as the party positions itself in contrast to Labour under probable new leader Andy Burnham.

The article suggests that Iran is observing the United States' unclear actions regarding a potential strategy, with no indication of a coordinated plan from Tehran.

Annual FCA data reveals a new record for suspicious trading before 41% of takeovers, with abnormal trades reaching unprecedented levels amid a surge in UK company deals.

Microsoft's early lead in artificial intelligence has become a test of faith, with capital spending increasing significantly.

The article discusses the unsustainable mental health bill in Britain and highlights the challenge of reducing spending on disability benefits for Andy Burnham.

Banijay has selected London as its new headquarters following an $8 billion merger. The move is described as a boost for the UK’s creative sector.

Versant Media aims to revive its struggling business model by acquiring Full Swing, a golf simulator manufacturer. The purchase is positioned as a strategic move to re-enter the market.

The documentary 'Life Support' highlights the experiences of volunteer doctors treating civilians in Gaza hospitals. It is described as a powerful and harrowing film, emphasizing its essential nature despite being difficult to watch.

Polestar's chief claims globalization for carmakers is over following a U.S. sales ban. The Swedish group, majority-owned by China's Geely, will be barred from selling new electric vehicles in the U.S. starting next year.

The US struck Iranian railway bridges along the route to the burial site of the late supreme leader. The leader is set to be interred in Mashhad on Thursday.

PepsiCo has warned of rising inflationary pressures impacting US consumers, with a slowdown in sales volume recovery during the second quarter due to budget constraints affecting snack and soda sales.

Diamond Light Source, a UK research facility, is facing cost cuts as part of a 15% savings plan. The particle accelerator is used by both public and private sector scientists.

Stéphane Séjourné is leading an initiative to promote 'Buy European' in public procurement, aiming to limit Chinese investment.

The article warns against a populist techlash that could jeopardize the UK's competitive position in technology and life sciences within Europe. It emphasizes the importance of maintaining the UK's envied status in these sectors.

The article discusses the challenges of devolution in addressing fairness, noting that while there is consensus on increasing local power sharing, it often avoids confronting fundamental trade-offs.

The article suggests China could serve as a technological hedge for the US, emphasizing that diversification involves managing different risks rather than eliminating them entirely.

A European heatwave has slowed sales growth for clothing retailer Uniqlo, with some stores temporarily closing due to extreme weather conditions.

Germany has agreed to purchase US Tomahawk missiles, as announced by Chancellor Friedrich Merz during the NATO summit in Ankara. The deal was reached with Washington.

Eurostar has ordered trains to handle extreme heat conditions, citing 'Saudi' summers with temperatures up to 55C. The decision follows heatwaves impacting the UK and western Europe, leading to an amended contract.