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Why is EasyJet stock surging today? Source link
This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and fortnightly on Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Today, our Turkey correspondent reports on the arrest of one of the country’s top comedians as part of a sweeping crackdown on civil society by the ruling regime ahead of this week’s Nato summit in Ankara. And Ireland’s health minister tells our correspondent how faster drug approvals will be a priority for Dublin’s six months in charge of…
Gold prices were steady on Tuesday, as markets weighed developments in the Middle East conflict and interest rate expectations ahead of key U.S. inflation data.Fadel Senna | Afp | Getty ImagesGold was steady near a two-week high on Monday after a softer-than-expected U.S. jobs report last week tempered expectations of interest rate hikes from the Federal Reserve.Spot gold was steady at $4,174.66 per ounce, as of 0252 GMT, after hitting its highest since June 22 earlier in the day. U.S. gold futures for August delivery climbed 1.5% to $4,186.70 per ounce.”Gold has regained some poise as markets dial back rate-hike expectations. While…
ITV sells media division to Sky for £1.6 billion Source link
Doctors Without Borders health workers wearing personal protective equipment move through the isolated red zone to monitor patients, provide medical care and ensure sanitation at the Ebola Treatment Center in Munigi in Congo on June 2, 2026.Jospin Mwisha | AFP | Getty ImagesAn outbreak of the deadly Ebola virus in central Africa has been exacerbated by cuts to U.S. and Western foreign support, experts say, a year after Washington slashed its international aid operations. In May, authorities in the Democratic Republic of the Congo and Uganda declared outbreaks after lab tests detected the spread of Bundibugyo virus, which causes a…
NATO faces a crucial test of its credibility and future viability this week as leaders meet in Turkey, with new European defense spending targets under unprecedented scrutiny from the White House. This week’s summit, beginning Tuesday, will examine whether Europe can turn bigger budgets into military power fast enough to keep President Donald Trump engaged, while preparing for a future in which Washington plays a smaller role in the continent’s security.Last year’s summit at The Hague was seen as a breakthrough after allies committed to spending 5% of GDP on defense by 2035, including 3.5% on core defense requirements and…
This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty ImagesIran is likely to face challenges in clearing its oil inventories even after restrictions on its energy imports are lifted, as its biggest customer tweaks its energy strategy while oil from other suppliers floods the market, according to analysts. China, the world’s top crude importer, has not been particularly enthusiastic about purchasing Iranian oil, despite traditionally being the country’s main buyer. “In fact, the Chinese do not show any enthusiasm to…
Hong Kong mulls easing pension gold ETF rules, SCMP reports Source link
The Indian government has warned of action against two of Meta’s three major platforms, WhatsApp and Instagram, within a week, underscoring the growing regulatory risks the U.S. social media giant faces in a key market.On Saturday, India’s Ministry of Electronics and Information Technology issued a “stern notice to Meta over the presence of Child Sexual Exploitative & Abuse Material (CSEAM) in paid advertisements on Instagram,” according to a report by Indian state broadcaster DD News.The government has directed Instagram to “immediately disable all advertisements and content that promote” child abuse and has sought a detailed explanation from Meta within seven…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ministers moved to rethink a ban on biofuels for aeroplanes weeks after UK civil servants responsible for the policy were taken on a lobbying tour of America’s Corn Belt, according to documents obtained under freedom of information rules.The revelation raises concerns that US commercial pressure could weaken Britain’s efforts to reduce carbon emissions while boosting US farmers at the expense of UK fuel producers.The UK decided in 2024 to exclude biofuels — fuels made from crops — from its quotas for sustainable…