Moscow has intensified its efforts to push Ukrainian forces out of the Russian region of Kursk, hours after Kyiv agreed with Washington to broker a 30-day ceasefire. Ukrainian and US officials met in Saudi Arabia on Tuesday and backed the month-long cessation of hostilities along the entire Ukrainian frontline. In return, the US resumed military…

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation fell more than expected to 2.8 per cent in February, bolstering the case for Federal Reserve to cut interest rates amid signs of slowing growth in the world’s largest economy. Wednesday’s annual consumer…

The rapid slump in US stocks over the past three weeks has been marked by dramatic falls for the biggest Wall Street names such as chipmaker Nvidia and carmaker Tesla.  But below the surface, there have been winners as well as losers as investors switch into stocks viewed as better insulated against economic concerns and…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Scopely, the Saudi-owned developer behind hit mobile game Monopoly Go!, has agreed a $3.5bn deal to acquire Pokémon Go and a handful of other apps from creator Niantic, which is pivoting to focus on artificial…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Jingoism” describes patriotic fervour for warfare and weapons among enthusiasts unlikely to experience their effects first hand. The term derives from a Victorian ditty penned following Russian military action in eastern Europe. It went like…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Whatever their other failings, the millennials contributed to civilisation the word “cope” in noun form. To translate, a cope is an attempt to make a situation seem less desperate than it is, and…

India’s telecom tycoons Mukesh Ambani and Sunil Mittal have struck separate deals within hours to bring Elon Musk’s Starlink to the world’s most populous nation, deepening alliances between New Delhi, Washington and the politically connected businessmen. On Wednesday Ambani’s Reliance Jio, India’s biggest mobile operator, followed Mittal’s Bharti Airtel, the number-two player, in going public…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European Central Bank president Christine Lagarde said the ECB was becoming less able to guarantee meeting its 2 per cent inflation target in the short term, as policymakers were forced to wrestle with “exceptionally high”…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Roche has signed the biggest-ever obesity drug deal with a $5.3bn licensing agreement for a next-generation treatment from Danish biotech Zealand Pharma. The Swiss pharmaceutical company will collaborate with Zealand on petrelintide, a drug based…