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...“A big task for the next US president will be to bring the two parties more together. It’s bad if the biggest economy in the world — and the biggest defence power — is a split nation.”...
...JD Sports: Shares in the UK-based sports fashion retailer rose 5.1 per cent after it agreed to a deal to acquire US rival Hibbett for $1bn....
...it had discovered a potential 10bn barrels of oil off the coast of Namibia....
...Israel launched a retaliatory attack on Iran on Friday morning in response to last week’s strike by Iran on Israeli soil....
...Gatwick, the UK’s second-largest airport, plans to pay a dividend this year for the first time since the pandemic....
...We should take a leaf out of America’s book and get better not just at sharing our achievements, but also making the space for others to do the same. jemima.kelly@ft.com...
...“For a lot of years, it wasn’t obvious that it would work out — it was a very long overnight success story.”...
...“It is absolutely necessary that the region remains stable and that all sides restrain from further action,” von der Leyen told reporters at a press conference with Finnish Prime Minister Petteri Orpo....
...The group said adjusted profit before tax for the quarter was £83mn, swinging from a loss of £139mn in the same period last year....
...“They do have enough nuclear material for several nuclear warheads — does that mean they have a nuclear weapon? No,” Grossi said. “It requires many other things. But the situation is a serious one.”...
...The new eight-part Netflix series — like Anthony Minghella’s 1999 film, The Talented Mr Ripley — is based on Patricia Highsmith’s novel about a chameleonic conman....
...Operating profits rose by 19 per cent to a record €918mn....
...Women on Porn by Fiona Vera-Gray Torva £18.99, 320 pages Porn: An Oral History by Polly Barton Fitzcarraldo £13.99, 368 pages Patricia Nilsson is the FT’s Frankfurt correspondent and is writing a book...
...I love this haiku from the 18th-century Japanese poet Kobayashi Issa: “What a strange thing! / to be alive / beneath cherry blossoms.” jemima.kelly@ft.com...
...The results cap a mixed set of earnings for Europe’s three leading long-haul airline groups, which have all profited from a travel boom over the past 12 months....
...Tesla has paused production and evacuated its only European car manufacturing plant after a suspected arson attack on a nearby electricity pylon caused widespread power cuts....
...Société Générale: Shares in the French financial services group rose 4.5 per cent after it announced a deal with Saham Group to sell Société Générale Marocaine de Banques and La Marocaine Vie in a transaction...
...Adidas: Shares in the German sportswear brand advanced 6 per cent after it reported a better than expected first quarter and lifted its full-year guidance for operating profit to €700mn from €500mn....
...Robert Walters: Shares in the UK-based international recruitment company slipped 6 per cent after it reported a 16 per cent annual fall in net fee income for the first three months of the year and warned...
...a £1bn share buyback....
...M&C Saatchi: Shares in the British marketing agency slipped 2.3 per cent after its full-year results showed a 2 per cent fall in revenues and a 10 per cent drop in profit before tax....
...jemima.kelly@ft.com Letters in response to this column:We need a capitalism that rewards good behaviour / From Vladimir Petrenko, London School of Economics and Political Science, London WC2, UK Too much...
...Tui: Shares in the German travel company rose 3.5 per cent on its first day with a primary listing on the Frankfurt stock exchange....
...Porsche warned that its profits would be squeezed this year as the luxury sports-car maker prepares for a costly launch of new models, including a hybrid version of its 911....
...Joanna Kao Patricia Nilsson covers German industry for the FT. Thanks, Patricia. Patricia Nilsson Thank you....
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