Proposed appointment of Emmanuel Moulin as central bank governor faces intense scrutiny in parliament
Military expenditure rose above $17bn in first three months of year as Iran launched strikes around Gulf
Ilie Bolojan tried to push through austerity measures to rein in EU’s highest deficit
Russia and Ukraine trade rival proposals to pause fighting ahead of second world war anniversary events
Central bank cites higher fuel prices as result of Iran war as it unveils third increase this year
Oil jumps to $114 as tensions flare up in Middle East
BJP’s landslide election in West Bengal shows the prime minister’s ability to appeal to voters across the country
Investing in alternatives to this and other maritime chokepoints is costly but necessary
A suspected outbreak of hantavirus is a reminder of the perils of health emergencies in enclosed spaces
Officials are softening people up for difficult decisions ahead. Also in this newsletter, how oil prices work
It would be strange if dynastic succession were not on Trump’s mind
US president has “paused” military mission to guide commercial ships through the vital waterway
Xi Jinping could seek to use relationship with Tehran as leverage in talks with US president, analysts say
Value soars in ongoing fundraising discussions as investors including Tencent seek slice of AI lab
US and Iranian forces clashed in the strait during the brief mission to help commercial vessels through the waterway
Plus, more on emerging markets
Dark matter revealed?
Also in this newsletter: How to reuse and recycle more critical raw materials
Also in today’s newsletter: Venice Biennale row and Macron’s central bank pick
Monthly surveys of economic activity and confidence have fallen more sharply among energy importers than in the US
A new video podcast from The FT exploring the history of finance
Memory chip giant’s surge pushes South Korea’s Kospi to new record
The original private equity barbarian celebrates its birthday as the $22tn private markets face a fraught moment
Children’s sector offers steady revenues for buyout firms as cases of autism and other conditions increase
Sainsbury’s, Morrisons and Iceland are seeking to stop discounters preventing them opening stores nearby
Brussels has warned that allowing Moscow to participate would breach ban on providing services to Kremlin
Neither the former deputy Labour leader nor her rivals have a clear path to replacing Sir Keir Starmer
Policymakers must overcome the mercantilist fallacy that the way to get rich is by running surpluses forever
It’s tempting to blow the lump sum on a sports car — but the more sensible option may be to take it in small amounts like regular income
Rocket maker hopes to quell employee uproar after old options expired without a payout
European initiatives will take a decade to complete but there are some stopgap solutions
With little slack in the system, soaring prices don’t give operators that much of an incentive to let rip
Rightwing opposition leader is challenged by his former PiS protégé
The war in Ukraine is the latest manifestation of a mindset that has been decades, if not centuries, in the making. Three books debunk the myths that Russia tells itself
Most ambitious British timeframe yet for the technology comes as US and China race ahead in funding for sector
Party is vying with Reform UK ahead of this week’s Senedd vote as Labour support collapses
