Economics

The only European sanctioned for trading Russian oil has petitioned a top EU court to overturn the decision, claiming the bloc’s actions were influenced by disinformation spread by a former business partner. In court papers filed at the EU’s General Court in February, lawyers for Dutch trader Niels Troost wrote that their client’s companies had…

A former spy and close friend of Vladimir Putin has been engineering a restart of Russia’s Nord Stream 2 gas pipeline to Europe with the backing of US investors, a once unthinkable move that shows the breadth of Donald Trump’s rapprochement with Moscow. The efforts on a deal, according to several people aware of the…

The Adani Group has revived plans for major investments in the US, according to people familiar with the matter, despite criminal charges there against the Indian conglomerate’s billionaire founder. The infrastructure-focused business group has reactivated potential plans to fund projects in US sectors such as nuclear power and utilities as well as an east coast…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has ordered a probe into dumping in the US lumber market, setting the stage for the industry to join the widening basket of commodities targeted by Washington’s global trade war.  The…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Andrew Cuomo announced on Saturday that he was entering the race to challenge embattled New York City mayor Eric Adams, as the former state governor attempts a political comeback from a sexual harassment…

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. British Prime Minister Sir Keir Starmer has embraced Volodymyr Zelenskyy on the steps of Downing Street as he launched an attempt to bolster the Ukrainian president after his explosive encounter with Donald Trump. Starmer…

Stay informed with free updates Simply sign up to the Agriculture myFT Digest — delivered directly to your inbox. The family that controls the largest US egg seller is seeking to cash out amid a bird flu crisis that has driven prices to all-time highs. The four daughters and son-in-law of Cal-Maine Foods founder Fred…

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Hungarian Prime Minister Viktor Orbán has demanded the EU begin “direct discussions with Russia on a ceasefire” in the war against Ukraine. Orban also said he opposed efforts to find any consensus on Ukraine…

At 9am on Saturday morning, a group of women spread across the busiest street in central Kyiv and stopped traffic to observe a minute of silence. A loudspeaker counted 60 ticks before blaring the opening lines of the national anthem — “Ukraine’s glory and freedom have not yet perished”. Drivers and passengers stepped out of…

Stay informed with free updates Simply sign up to the Investments myFT Digest — delivered directly to your inbox. Stocks of small UK companies are the “most unloved” in the world, according to analysis by Abrdn, as investors have pared their UK holdings and invested in US tech giants. The forward price/earnings ratio for MSCI’s…