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Author James Comey, former FBI Director, speak at the Barnes & Noble Upper West Side on May 19, 2025 in New York City.Michael M. Santiago | Getty Images News | Getty ImagesThe Department of Justice cited a novel written by James Comey as it urged a federal judge not to dismiss criminal charges against the former FBI director for allegedly threatening to kill President Donald Trump by posting an Instagram photo of seashells on a North Carolina beach forming the numbers “86 47.”Prosecutors in a new court filing late Tuesday night suggested that Comey, like a right-wing podcaster featured in…
New behavioural guidance for asylum seekers has been published by the Home Office.A nine-page booklet covering issues including respect in public, sex and consent, and gender equality, has gone online, with guidance on how laws and customs in the UK may be different from the home country of asylum seekers.The Conservatives’ shadow home secretary Chris Philp said: “Instead of trying to train these mainly young, male illegal immigrants behave in a civilised way towards women, they should be deported.”And Reform UK’s home affairs spokesman Zia Yusuf labelled the document “a disgrace”, adding its publication showed the government “know that they…
One of the many beauties of options trading is the ability to make money on a rangebound stock. Shares of Meta Platforms are presenting that opportunity right now.With its upside capped by litigation and much of the downside has already been priced in, it may make sense to try to capture some elevated options premium and sell both sides. The curiously named options strategy “jade lizard” — more on this in a second — collects a rich premium without the unlimited upside risk of a short strangle.As opening statements began in Oakland today, where 29 state attorneys general accuse Meta…
Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Vladimir Putin has ordered Russia’s government to help rebuild warehouses destroyed in a series of Ukrainian drone attacks this summer that have devastated Wildberries, the country’s largest online retailer.Russia’s president told officials on Wednesday that the country’s logistics and storage capacity “need to be rebuilt, including with government support”. The attacks have partly or completely destroyed seven of Wildberries’ ten largest facilities. But Putin claimed Russia’s retail infrastructure was “efficient and resilient [ . . . ] and entirely coping with the challenges of our time”.He…
U.S. President Donald Trump greets Canadian Prime Minister Mark Carney as he arrives at the West Wing of the White House on May 6, 2025 in Washington, DC.Alex Wong | Getty Images News | Getty ImagesLess than two hours before massive U.S. tariffs on certain Canadian goods were set to switch on, President Donald Trump announced a tentative deal to stave off the new duties.The postponement could be just a brief respite for businesses who warn that the planned 50% tariffs on imports of wine, hockey sticks and a range of other Canadian products are already taking a toll.The new…
Higher energy bills drove UK inflation up to 2.9% in the year to July, the highest level in four months, according to new figures.Gas prices soared at the sharpest pace in almost four years, the Office for National Statistics (ONS) said, leading to an increase in the cap on household energy bills in July. Energy costs surged after US-Israel war with Iran began, which has restricted global oil supplies.July’s reading is the highest since March but some price growth slowed. Food inflation, at 1.3%, is at its lowest rate for close to five years.Experts said the inflation figure is unlikely…
Nvidia is playing matchmaker, trying to connect companies with its graphics processing units to data-center operators that have the capacity to deploy them in the Nordics, sources have told CNBC.While Nvidia has established an effective monopoly over the most powerful AI chips, it has worked to exert greater influence across the AI ecosystem as the race to build infrastructure accelerates. That reach extends through its software stack, relationships with governments and direct investments in other companies.The chip giant has also sought a role in AI infrastructure deals. Two sources familiar with the matter have told CNBC that Nvidia has offered…
Los Angeles Dodgers chairman Mark Walter during a press conference announcing a new partnership between the Los Angeles Dodgers and UNIQLO at Dodger Stadium in Los Angeles on Wednesday, March 25, 2026. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty ImagesCarvana shares are headed for a double-digit weekly loss as a federal investigation into billionaire Mark Walter shines a spotlight on his minority stake in the online used-car retailer.The stock dropped more than 7% Tuesday, one day after a similar-sized decline Monday. Shares rebounded modestly Wednesday but remain down about 10% for the week.The pressure came after the…
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered twice a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters.Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Welcome back.Last month was by far the driest July in England and Wales since records began in 1836. Just 6.5mm of rain fell — a 10th of the long-term average, and less than half the previous record low.Climate change is adding to the strain on a…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ukraine’s anti-corruption authorities on Wednesday raided the home of a senior aide to President Volodymyr Zelenskyy, as well as a lawmaker and a bank executive as part of a probe into an alleged criminal group.The searches came at a vulnerable time for Zelenskyy, whose administration has been plagued by corruption scandals.The night before the raid, ousted defence minister Mykhailo Fedorov had launched a blistering broadside against him, warning that rampant graft was undermining the country’s fight against Russia and calling for extraordinary…