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grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/4dff2bf4-fa89-4dc9-bfb5-3eb99be03435" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb4536af7-3048-40e3-9246-5d825d332930.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb4536af7-3048-40e3-9246-5d825d332930.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb4536af7-3048-40e3-9246-5d825d332930.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="Wall Street sell-off resumes as Trump’s China tariffs spook investors " class="image image--width-280"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/us-equities" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">US equities</span></a></div><div class="headline js-teaser-headline headline--scale-7 headline--color-black" data-content-id="4dff2bf4-fa89-4dc9-bfb5-3eb99be03435" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/4dff2bf4-fa89-4dc9-bfb5-3eb99be03435" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-7 text--weight-500" id="">Wall Street sell-off resumes as Trump’s China tariffs spook investors </span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/4dff2bf4-fa89-4dc9-bfb5-3eb99be03435" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Equities, dollar and oil slide as scale of US levies on Chinese imports deepens recession fears</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"><div class="timestamp timestamp--new"><span class="timestamp-prefix"> new </span><time class="timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" dateTime="2025-04-10T20:02:07+0000"></time></div></div></div></div></div></div></div></div><div class="grid grid--1-columns grid__story-group-wrapper--secondary" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="stacked-secondary-story stacked-secondary-story--span-1 stacked-secondary-story--col-1 stacked-secondary-story--row-grid-1 stacked-secondary-story--row-stack-2"><div class="separator--solid"></div><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="1" data-trackable-context-story-siblings="2" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="4badcccd-e916-4436-9638-53fac63c5b9b" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/4badcccd-e916-4436-9638-53fac63c5b9b" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">US collection of customs duties rises sharply in March</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__live-blog"><span class="metadata__live-blog-label"><span class="o-labels-indicator o-labels-indicator--live o-labels-indicator--inverse"><span class="o-labels-indicator__status"> Live</span></span></span></div></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span6 layout-desktop__grid--column-start-5 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--impact"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:eu-trade;storyGroup:medium" data-trackable-context-storygroup-size="medium" data-trackable-context-storygroup-title="eu-trade" data-trackable-context-storygroup-position="1" data-trackable-context-storygroup-siblings="3" class="layout-desktop--full-height"><div class="story-group story-group--featured"><div class="grid grid--2-columns grid--fullHeight" style="grid-template-rows:auto;-ms-grid-rows:auto"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-2 story-group--end-of-row"><div class="story-group__article story-group__article--featured"><div data-trackable="story:featured" data-trackable-context-story-type="featured" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="featured-story featured-story--theme-tinted"><div class="featured-story__image"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/fba18bd9-46f9-4736-89f3-976afe3abf7a" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4b8fb1b3-7421-45cb-a0ff-c847a58d40fc.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4b8fb1b3-7421-45cb-a0ff-c847a58d40fc.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4b8fb1b3-7421-45cb-a0ff-c847a58d40fc.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down" alt="EU could tax Big Tech if Trump trade talks fail, says von der Leyen " class="image image--width-580"/></picture></a></div><div class="featured-story-content"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/eu-trade" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">EU trade</span></a></div><div class="headline js-teaser-headline headline--scale-5 headline--color-black" data-content-id="fba18bd9-46f9-4736-89f3-976afe3abf7a" data-is-exclusive="false" data-is-scoop="true"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/fba18bd9-46f9-4736-89f3-976afe3abf7a" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-5 text--weight-600" id="">Interview. </span></span><span class="text text--color-black text-display--scale-5 text--weight-400" id="">EU could tax Big Tech if Trump trade talks fail, says von der Leyen </span></a></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span2 layout-desktop__grid--column-start-11 layout-desktop__grid--row-start-1 layout--impact"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:editor-s-picks;storyGroup:xsmall" data-trackable-context-storygroup-size="xsmall" data-trackable-context-storygroup-title="editor-s-picks" data-trackable-context-storygroup-position="2" data-trackable-context-storygroup-siblings="3" class="layout-desktop--full-height"><div class="story-group story-group--extra-small"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-0 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="2" class="grid grid--1-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-1"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__teaser"><div class="story-group__title"><span class="text text--color-claret text-sans--scale-0 text--weight-400" id="">Editor's picks</span></div><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/249c312f-97d9-45ab-a3d6-81c0998c44b3" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F5650ec45-dd7d-4077-a3ef-695ed404b610.jpg?source=next-home-page&dpr=2&width=180&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F5650ec45-dd7d-4077-a3ef-695ed404b610.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F5650ec45-dd7d-4077-a3ef-695ed404b610.jpg?source=next-home-page&dpr=2&width=180&fit=scale-down" alt="Trump’s Wall Street tariff rollercoaster reaches Main Street" class="image image--width-180"/></picture></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="249c312f-97d9-45ab-a3d6-81c0998c44b3" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/249c312f-97d9-45ab-a3d6-81c0998c44b3" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Trump’s Wall Street tariff rollercoaster reaches Main Street</span></a></div></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-1 story-group--full-width-0 story-group--end-of-row"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="1" data-trackable-context-story-siblings="2" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="0ceca1e0-8cf1-4c2d-8199-f32c87c38c88" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/0ceca1e0-8cf1-4c2d-8199-f32c87c38c88" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="icon icon--opinion icon--scale-3"> <span class="o-normalise-visually-hidden">opinion content. </span></span><span class="text text--color-black text-display--scale-3 text--weight-600" id="">The FT View. </span></span><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Donald Trump bends to the power of the markets</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata"><a data-trackable="author-link" data-trackable-context-story-link="author-link" href="https://www.ft.com/ft-view" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">The editorial board</span></a></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div></div></div></section></div><section class="slice advert-slice slice__no-title"><div class="slice__content"><div class="layout-tablet__grid-container"><div class="layout-tablet__grid layout-tablet__grid--span12 layout-tablet__grid--column-start-1 layout-tablet__grid--row-start-1"><div class="layout__grid-content"><pg-slot data-config-key="high-impact"></pg-slot></div></div></div></div></section><div data-trackable="list:top-stories;listTitle:top-stories" data-trackable-context-list-type="top-stories" data-trackable-context-list-position="2" data-trackable-context-list-siblings="21" class="story-group-slice"><section class="slice top-stories-slice slice--default"><div class="slice__content"><div class="separator--dotted"></div><header id="top-stories" class="slice-heading"><h2 class="slice-heading__title"><span class="text text--color-black-80 text-sans--scale-0" id="">TOP STORIES</span></h2></header><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:department-of-government-efficiency;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="department-of-government-efficiency" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/ede5b41d-4b97-494f-b8ce-4f13b11f9ad1" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8f4917bc-3141-466f-be25-a0037fdbc884.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8f4917bc-3141-466f-be25-a0037fdbc884.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F8f4917bc-3141-466f-be25-a0037fdbc884.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="Musk’s Doge fired self-drive car safety experts at agency that regulates Tesla" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/stream/cc2c1ad1-9867-4a6d-b2b5-06513aecbfc4" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Department of Government Efficiency</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="ede5b41d-4b97-494f-b8ce-4f13b11f9ad1" data-is-exclusive="false" data-is-scoop="true"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/ede5b41d-4b97-494f-b8ce-4f13b11f9ad1" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Musk’s Doge fired self-drive car safety experts at agency that regulates Tesla</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/ede5b41d-4b97-494f-b8ce-4f13b11f9ad1" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Cull of watchdog’s workers disproportionately affected staff overseeing tech on which billionaire has staked his company’s future</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-4 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:trump-tariffs;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="trump-tariffs" data-trackable-context-storygroup-position="1" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/abf6a4a7-17e9-4983-b301-b3f4ae7d21c4" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F957b5979-5d41-4670-9b17-dea1c36e875e.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F957b5979-5d41-4670-9b17-dea1c36e875e.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F957b5979-5d41-4670-9b17-dea1c36e875e.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="US bike prices will rise ‘up to 50%’ as China trade war escalates " class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/trump-tariffs" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Trump tariffs</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="abf6a4a7-17e9-4983-b301-b3f4ae7d21c4" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/abf6a4a7-17e9-4983-b301-b3f4ae7d21c4" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">US bike prices will rise ‘up to 50%’ as China trade war escalates </span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/abf6a4a7-17e9-4983-b301-b3f4ae7d21c4" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Cycling industry fears insolvencies and forced mergers in already struggling sector</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-7 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:shale-oil-and-gas;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="shale-oil-and-gas" data-trackable-context-storygroup-position="2" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="2" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/cd7c043a-1983-4106-b4f9-13d66f951faf" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ffd58562e-3f9a-4a99-8c8f-cc0168929b95.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ffd58562e-3f9a-4a99-8c8f-cc0168929b95.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ffd58562e-3f9a-4a99-8c8f-cc0168929b95.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="US shale sector in peril as oil price plunge rattles drillers " class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/shale-oil-gas" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Shale Oil & Gas</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="cd7c043a-1983-4106-b4f9-13d66f951faf" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/cd7c043a-1983-4106-b4f9-13d66f951faf" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">US shale sector in peril as oil price plunge rattles drillers </span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/cd7c043a-1983-4106-b4f9-13d66f951faf" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Trump trade war and Opec output surge create toughest challenge since the pandemic, executives say </span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="1" data-trackable-context-story-siblings="2" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="818f6c94-2b24-429e-8971-82bc0114f994" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/818f6c94-2b24-429e-8971-82bc0114f994" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="icon icon--opinion icon--scale-2"> <span class="o-normalise-visually-hidden">opinion content. </span></span><span class="text text--color-black text-display--scale-2 text--weight-600" id="">Lex. </span></span><span class="text text--color-black text-display--scale-2 text--weight-500" id="">Investors in Trump’s America can no longer see around corners</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"><div class="timestamp"><time class="timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" dateTime="2025-04-10T17:18:33+0000">3 hours ago</time></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-10 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:walmart-inc;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="walmart-inc" data-trackable-context-storygroup-position="3" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/8815b91b-980a-4005-851d-9c7f7f5983a1" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7d812975-d515-4fa9-9aa6-6eecbd6b060f.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7d812975-d515-4fa9-9aa6-6eecbd6b060f.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7d812975-d515-4fa9-9aa6-6eecbd6b060f.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="Walmart falls back on familiar playbook to combat Trump’s tariffs" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/stream/4a210ea8-7a54-4681-8a3b-b4ed2b7f7038" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Walmart Inc</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="8815b91b-980a-4005-851d-9c7f7f5983a1" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/8815b91b-980a-4005-851d-9c7f7f5983a1" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Walmart falls back on familiar playbook to combat Trump’s tariffs</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/8815b91b-980a-4005-851d-9c7f7f5983a1" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">The US’s biggest retailer is trying to convince Wall Street that scale is the key to winning market share amid trade war</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div></div></div></section></div><section class="slice advert-slice slice__no-title"><div class="slice__content"><div class="layout-tablet__grid-container"><div class="layout-tablet__grid layout-tablet__grid--span12 layout-tablet__grid--column-start-1 layout-tablet__grid--row-start-1"><div class="layout__grid-content"><pg-slot data-config-key="mid-desktop"></pg-slot></div></div></div></div></section><section class="slice advert-slice slice__no-title"><div class="slice__content"><div class="layout-tablet__grid-container"><div class="layout-tablet__grid layout-tablet__grid--span12 layout-tablet__grid--column-start-1 layout-tablet__grid--row-start-1"><div class="layout__grid-content"><pg-slot data-config-key="top-mobile"></pg-slot></div></div></div></div></section><div data-trackable="list:latest-from-monetary-policy-radar" data-trackable-context-list-type="latest-from-monetary-policy-radar" data-trackable-context-list-position="5" data-trackable-context-list-siblings="21" class="story-group-slice hidden"><section class="slice story-group-named-slice slice--full-bleed slice--full-bleed--less-top-padding slice--dark"><div class="slice__content"><header id="latest-from-monetary-policy-radar" class="slice-heading"><h2 class="slice-heading__title"><a data-trackable="link" data-trackable-context-story-link="link" href="/stream/a3fb024b-d93a-4fb0-856c-8e38fe632931" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-80 text-sans--scale-0" id="">Latest from Monetary Policy Radar</span></a></h2></header><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span12 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout--dark"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:storycollection;storyGroup:xlarge" data-trackable-context-storygroup-size="xlarge" data-trackable-context-storygroup-title="storycollection" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="1" class="layout-desktop--full-height"><div class="layout-desktop__grid-container story-collection"><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="4" class="grid grid--1-columns grid--s3-spacing grid--fullHeight monetary-policy-radar__parent"><div class="monetary-policy-radar__content"><div class="grid-item grid-item--span-3"><div class="grid-item grid-item--span-1"><div class="monetary-policy-radar__title"><span class="text text--color-mint text-sans--scale-0 text--weight-600" id="">Bank of England</span></div><div class="monetary-policy-radar__headline"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/daccb445-8244-459d-8801-90f934fdb4ed" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-400" id="">Tariff hit to UK growth making Bank of England more dovish</span></a></div></div></div><div class="monetary-policy-radar__timestamp"><span class="text text--color-black text-sans--scale-2" id=""><div class="timestamp"><time class="timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-24-hours" dateTime="2025-04-10T15:52:06+0000">4 hours ago</time></div></span></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-4 layout-desktop__grid--row-start-1"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="1" data-trackable-context-story-siblings="4" class="grid grid--1-columns grid--s3-spacing grid--fullHeight monetary-policy-radar__parent"><div class="monetary-policy-radar__content"><div class="grid-item grid-item--span-3"><div class="grid-item grid-item--span-1"><div class="monetary-policy-radar__title"><span class="text text--color-mint text-sans--scale-0 text--weight-600" id="">US inflation</span></div><div class="monetary-policy-radar__headline"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/2360e683-1e42-486c-87d6-0719c4ec85db" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-400" id="">Weaker-than-expected US CPI in March is stale </span></a></div></div></div><div class="monetary-policy-radar__timestamp"><span class="text text--color-black text-sans--scale-2" id=""><div class="timestamp"><time class="timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-24-hours" dateTime="2025-04-10T13:59:11+0000">6 hours ago</time></div></span></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-7 layout-desktop__grid--row-start-1"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="2" data-trackable-context-story-siblings="4" class="grid grid--1-columns grid--s3-spacing grid--fullHeight monetary-policy-radar__parent"><div class="monetary-policy-radar__content"><div class="grid-item grid-item--span-3"><div class="grid-item grid-item--span-1"><div class="monetary-policy-radar__title"><span class="text text--color-mint text-sans--scale-0 text--weight-600" id="">Federal Reserve</span></div><div class="monetary-policy-radar__headline"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/00238ca2-6595-43cd-8d7b-8e1281b16b23" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-400" id="">It’s still tariff hell for the Fed even though it’s not tariffmageddon</span></a></div></div></div><div class="monetary-policy-radar__timestamp"><span class="text text--color-black text-sans--scale-2" id=""><div class="timestamp"><time class="timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-24-hours" dateTime="2025-04-10T09:35:20+0000">10 hours ago</time></div></span></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-10 layout-desktop__grid--row-start-1"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="3" data-trackable-context-story-siblings="4" class="grid grid--1-columns grid--s3-spacing grid--fullHeight monetary-policy-radar__parent"><div class="monetary-policy-radar__content"><div class="grid-item grid-item--span-3"><div class="grid-item grid-item--span-1"><div class="monetary-policy-radar__title"><span class="text text--color-mint text-sans--scale-0 text--weight-600" id="">Federal Reserve</span></div><div class="monetary-policy-radar__headline"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/7b9b7a13-53b4-4d14-8635-b8b372ff1c32" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-400" id="">March minutes reveal Fed’s growing stagflation concerns</span></a></div></div></div><div class="monetary-policy-radar__timestamp"><span class="text text--color-black text-sans--scale-2" id=""><div class="timestamp"><time class="timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-24-hours" dateTime="2025-04-09T19:45:59+0000">24 hours ago</time></div></span></div></div></div></div></div></div></div></div></div></div></div></div></section></div><div data-trackable="list:top-stories;listTitle:spotlight" data-trackable-context-list-type="top-stories" data-trackable-context-list-position="6" data-trackable-context-list-siblings="21" class="story-group-slice"><section class="slice top-stories-slice slice--default"><div class="slice__content"><div class="separator--dotted"></div><header id="spotlight" class="slice-heading"><h2 class="slice-heading__title"><span class="text text--color-black-80 text-sans--scale-0" id="">Spotlight</span></h2></header><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span12 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:legal-services;storyGroup:xlarge" data-trackable-context-storygroup-size="xlarge" data-trackable-context-storygroup-title="legal-services" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="1" class="layout-desktop--full-height"><div class="spotlight-story"><div class="grid grid--12-columns grid--fullHeight"><div class="spotlight-grid--primary-story"><div><div data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="2" class="grid grid--10-columns grid--fullHeight"><div class="spotlight-story-main__wrapper"><div class="spotlight-story-main__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/legal-services" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Legal services</span></a></div><div class="headline js-teaser-headline headline--scale-5 headline--color-black" data-content-id="8efd4534-2569-4c96-a1a4-3982007da62d" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/8efd4534-2569-4c96-a1a4-3982007da62d" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-5 text--weight-600" id="">The Big Read. </span></span><span class="text text--color-black text-display--scale-5 text--weight-400" id="">The rule change that could blow open US law</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/8efd4534-2569-4c96-a1a4-3982007da62d" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Arizona is permitting non-lawyers to own legal practices, potentially unleashing a wave of private equity money</span></a></p></div><div class="grid-item grid-item--span-3 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div><div class="spotlight-story-main__image"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/8efd4534-2569-4c96-a1a4-3982007da62d" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4e81e7b4-1e86-4465-967a-c99aa34004e7.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4e81e7b4-1e86-4465-967a-c99aa34004e7.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4e81e7b4-1e86-4465-967a-c99aa34004e7.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down" alt="The rule change that could blow open US law" class="image image--width-580"/></picture></a></div></div></div></div><div class="spotlight-grid--secondary-story"><div class="separator--solid"></div><div data-trackable-context-story-type="secondary" data-trackable-context-story-position="1" data-trackable-context-story-siblings="2" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/51f31a69-cbdb-4efe-96c2-409fcbe0b24a" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fde350b5c-527a-4d00-b4f6-8687f3919e78.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fde350b5c-527a-4d00-b4f6-8687f3919e78.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fde350b5c-527a-4d00-b4f6-8687f3919e78.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="‘All kinds of scavengers’: Russia speeds up asset grab " class="image image--width-280"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/russian-politics" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Russian politics</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="51f31a69-cbdb-4efe-96c2-409fcbe0b24a" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/51f31a69-cbdb-4efe-96c2-409fcbe0b24a" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">‘All kinds of scavengers’: Russia speeds up asset grab </span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/51f31a69-cbdb-4efe-96c2-409fcbe0b24a" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Nationalisation spree comes as Vladimir Putin is making overtures to western companies </span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div></div></div></div></div></div></div></div></section></div><section class="slice advert-slice slice__no-title"><div class="slice__content"><div class="layout-tablet__grid-container"><div class="layout-tablet__grid layout-tablet__grid--span12 layout-tablet__grid--column-start-1 layout-tablet__grid--row-start-1"><div class="layout__grid-content"><pg-slot data-config-key="mid-mobile"></pg-slot></div></div></div></div></section><div data-trackable="list:top-stories;listTitle:news" data-trackable-context-list-type="top-stories" data-trackable-context-list-position="8" data-trackable-context-list-siblings="21" class="story-group-slice"><section class="slice top-stories-slice slice--default"><div class="slice__content"><div class="separator--dotted"></div><header id="news" class="slice-heading"><h2 class="slice-heading__title"><span class="text text--color-black-80 text-sans--scale-0" id="">News</span></h2></header><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:us-inflation;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="us-inflation" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/74ab6753-6183-44e2-93ee-65fcbd29742a" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F83ca5001-e1d4-4b93-8d69-1c6027ecae2e.png?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F83ca5001-e1d4-4b93-8d69-1c6027ecae2e.png?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F83ca5001-e1d4-4b93-8d69-1c6027ecae2e.png?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="US inflation falls more than expected to 2.4% in March" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/us-inflation" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">US inflation</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="74ab6753-6183-44e2-93ee-65fcbd29742a" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/74ab6753-6183-44e2-93ee-65fcbd29742a" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">US inflation falls more than expected to 2.4% in March</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/74ab6753-6183-44e2-93ee-65fcbd29742a" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Drop comes as Fed grapples with how to respond to Donald Trump’s tariff U-turns</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-4 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:trump-tariffs;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="trump-tariffs" data-trackable-context-storygroup-position="1" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="2" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/60fb095e-0961-4117-ae28-8bf6fe16240a" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fff0df122-71a1-437c-ad0a-1a34ac83747c.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fff0df122-71a1-437c-ad0a-1a34ac83747c.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fff0df122-71a1-437c-ad0a-1a34ac83747c.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="What does Trump’s tariff pause mean for global trade?" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/trump-tariffs" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Trump tariffs</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="60fb095e-0961-4117-ae28-8bf6fe16240a" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/60fb095e-0961-4117-ae28-8bf6fe16240a" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-3 text--weight-600" id="">Explainer. </span></span><span class="text text--color-black text-display--scale-3 text--weight-500" id="">What does Trump’s tariff pause mean for global trade?</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/60fb095e-0961-4117-ae28-8bf6fe16240a" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Investors and governments are relieved by the latest U-turn, but the outlook remains uncertain </span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="1" data-trackable-context-story-siblings="2" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="35a27906-703c-44f1-962d-aa2bf3b1c973" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/35a27906-703c-44f1-962d-aa2bf3b1c973" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">China musters ‘national team’ to fight on front line in trade war</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-7 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:german-politics;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="german-politics" data-trackable-context-storygroup-position="2" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/58c2819f-74a8-44f9-ad08-fb654c93d4ee" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F155e8fd9-383e-47b1-a3ac-a50fdf54d58c.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F155e8fd9-383e-47b1-a3ac-a50fdf54d58c.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F155e8fd9-383e-47b1-a3ac-a50fdf54d58c.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="‘BlackRot’ coalition: Social Democrats dilute Merz’s pro-business agenda " class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/german-politics" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">German politics</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="58c2819f-74a8-44f9-ad08-fb654c93d4ee" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/58c2819f-74a8-44f9-ad08-fb654c93d4ee" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">‘BlackRot’ coalition: Social Democrats dilute Merz’s pro-business agenda </span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/58c2819f-74a8-44f9-ad08-fb654c93d4ee" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Economists disappointed at lack of bold structural reforms after €1tn spending package</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-10 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:most-read;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="most-read" data-trackable-context-storygroup-position="3" 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data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="1" data-trackable-context-story-siblings="5" data-id="most-read-id" data-name="list" data-type="list" data-subtype="most-read" class="list__item"><div class="list__item-link"><div class="headline js-teaser-headline headline--scale-0 headline--color-black" data-content-id="82e5a5c0-3e7b-419d-92f9-7b84475af2c9" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/82e5a5c0-3e7b-419d-92f9-7b84475af2c9" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-0 text--weight-500" id="">Global stocks soar as Trump backs down from trade war</span></a></div></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="2" data-trackable-context-story-siblings="5" data-id="most-read-id" data-name="list" data-type="list" data-subtype="most-read" class="list__item list__item--pointcut"><div class="list__item-link"><div class="headline js-teaser-headline headline--scale-0 headline--color-black" data-content-id="e607a07b-1fc0-4664-9982-b93605baba0b" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/e607a07b-1fc0-4664-9982-b93605baba0b" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-0 text--weight-500" id="">US-China trade snarls as world’s biggest economies brace for divorce</span></a></div></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="3" data-trackable-context-story-siblings="5" data-id="most-read-id" data-name="list" data-type="list" data-subtype="most-read" class="list__item"><div class="list__item-link"><div class="headline js-teaser-headline headline--scale-0 headline--color-black" data-content-id="249c312f-97d9-45ab-a3d6-81c0998c44b3" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/249c312f-97d9-45ab-a3d6-81c0998c44b3" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-0 text--weight-500" id="">Trump’s Wall Street tariff rollercoaster reaches Main Street</span></a></div></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="4" data-trackable-context-story-siblings="5" data-id="most-read-id" data-name="list" data-type="list" data-subtype="most-read" class="list__item"><div class="list__item-link"><div class="headline js-teaser-headline headline--scale-0 headline--color-black" data-content-id="60fb095e-0961-4117-ae28-8bf6fe16240a" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/60fb095e-0961-4117-ae28-8bf6fe16240a" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-0 text--weight-500" id="">What does Trump’s tariff pause mean for global trade?</span></a></div></div></div></li></ol></div></div></div></div></div></div></section></div><div data-trackable="list:top-stories;listTitle:news" data-trackable-context-list-type="top-stories" data-trackable-context-list-position="9" data-trackable-context-list-siblings="21" class="story-group-slice"><section class="slice top-stories-slice slice--default"><div class="slice__content"><div class="separator--dotted"></div><header id="news" class="slice-heading"><h2 class="slice-heading__title"><span class="text text--color-black-80 text-sans--scale-0" id="">NEWS</span></h2></header><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:fast-retailing-co-ltd;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="fast-retailing-co-ltd" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/0e788ae5-7a5a-47cf-bcc7-e55192b0b2a7" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fc32a81a1-d3db-4bd4-8d51-4c7b68254d11.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fc32a81a1-d3db-4bd4-8d51-4c7b68254d11.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fc32a81a1-d3db-4bd4-8d51-4c7b68254d11.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="Tariffs will not halt supply chain shift to SE Asia, says Uniqlo founder" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/stream/f8c9acd7-a803-437b-8c43-2a8d113e5363" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Fast Retailing Co Ltd</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="0e788ae5-7a5a-47cf-bcc7-e55192b0b2a7" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/0e788ae5-7a5a-47cf-bcc7-e55192b0b2a7" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Tariffs will not halt supply chain shift to SE Asia, says Uniqlo founder</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/0e788ae5-7a5a-47cf-bcc7-e55192b0b2a7" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Japanese clothing chain expects duties to hit profit at its rapidly expanding North American business</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-4 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:ubs-group-ag;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="ubs-group-ag" data-trackable-context-storygroup-position="1" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/5b77964f-8192-440f-ac14-c3a7654060f7" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F03bb69de-46ea-4d20-ba4a-c7f0f1b4f0aa.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F03bb69de-46ea-4d20-ba4a-c7f0f1b4f0aa.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F03bb69de-46ea-4d20-ba4a-c7f0f1b4f0aa.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="UBS’s Kelleher slams ‘extreme’ plan for 50% more capital" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/ubs-group" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">UBS Group AG</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="5b77964f-8192-440f-ac14-c3a7654060f7" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/5b77964f-8192-440f-ac14-c3a7654060f7" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">UBS’s Kelleher slams ‘extreme’ plan for 50% more capital</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/5b77964f-8192-440f-ac14-c3a7654060f7" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Swiss government and watchdog propose higher requirements for lender that rescued Credit Suisse</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-7 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:military-technology;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="military-technology" data-trackable-context-storygroup-position="2" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/2c7d3c96-f6a8-4afa-bd88-5ea2fa39f5c1" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6ca8eb90-71bf-43c7-acc8-69e5f10e2539.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6ca8eb90-71bf-43c7-acc8-69e5f10e2539.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6ca8eb90-71bf-43c7-acc8-69e5f10e2539.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="Ukraine is winning the drone start-up war" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/military-technology" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Military technology</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="2c7d3c96-f6a8-4afa-bd88-5ea2fa39f5c1" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/2c7d3c96-f6a8-4afa-bd88-5ea2fa39f5c1" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="icon icon--opinion icon--scale-3"> <span class="o-normalise-visually-hidden">opinion content. </span></span></span><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Ukraine is winning the drone start-up war</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/2c7d3c96-f6a8-4afa-bd88-5ea2fa39f5c1" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Experimentation on the battlefield and fast development of cheap, smart solutions helps the country resist Russia</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__opinion"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2FJohn-Thornhill-cb9e3fe5-a71d-446c-8af6-22909f40f5c3.png?source=next-home-page&dpr=2&width=40&height=40&fit=cover&gravity=poi"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2FJohn-Thornhill-cb9e3fe5-a71d-446c-8af6-22909f40f5c3.png?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2FJohn-Thornhill-cb9e3fe5-a71d-446c-8af6-22909f40f5c3.png?source=next-home-page&dpr=2&width=40&height=40&fit=cover&gravity=poi" alt="" class="image image--width-40"/></picture><div class="author-opinion-details"><a data-trackable="author-link" data-trackable-context-story-link="author-link" href="https://www.ft.com/john-thornhill" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">John Thornhill</span></a></div></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-10 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:climate-change;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="climate-change" data-trackable-context-storygroup-position="3" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image 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low as global powers eye shipping routes" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/stream/24ad2c58-14fb-4217-b6f7-7ef88ac51375" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Climate change</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="f8083632-e6bc-45f5-8032-0ee60e263cf6" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/f8083632-e6bc-45f5-8032-0ee60e263cf6" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Arctic sea ice hits record March low as global powers eye shipping routes</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/f8083632-e6bc-45f5-8032-0ee60e263cf6" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Melting is opening up region for exploration by Russia and other countries</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div></div></div></section></div><div data-trackable="list:top-stories;listTitle:empty" data-trackable-context-list-type="top-stories" data-trackable-context-list-position="10" data-trackable-context-list-siblings="21" class="story-group-slice"><section class="slice top-stories-slice slice__no-title slice--default"><div class="slice__content"><div class="separator--solid"></div><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:war-in-ukraine;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="war-in-ukraine" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/bfa01f8a-c1f5-4b90-a73e-8b4c530828c0" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6f54ae57-94ca-4979-b534-521c0af095e8.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6f54ae57-94ca-4979-b534-521c0af095e8.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6f54ae57-94ca-4979-b534-521c0af095e8.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="Ukraine says more than 150 Chinese nationals fighting for Russia " class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/war-in-ukraine" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">War in Ukraine</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="bfa01f8a-c1f5-4b90-a73e-8b4c530828c0" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/bfa01f8a-c1f5-4b90-a73e-8b4c530828c0" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Ukraine says more than 150 Chinese nationals fighting for Russia </span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/bfa01f8a-c1f5-4b90-a73e-8b4c530828c0" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">President Volodymyr Zelenskyy accuses Beijing of doing nothing to stop Moscow enlisting its citizens</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-4 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:syrian-crisis;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="syrian-crisis" data-trackable-context-storygroup-position="1" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/5fe34023-a81f-4f1a-baf5-4059b69121c9" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fad68f845-4fbb-42f7-af00-9f334fb6d2d9.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fad68f845-4fbb-42f7-af00-9f334fb6d2d9.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fad68f845-4fbb-42f7-af00-9f334fb6d2d9.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="Israel and Turkey begin talks to avoid conflict in Syria" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/syrian-crisis" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Syrian crisis</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="5fe34023-a81f-4f1a-baf5-4059b69121c9" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/5fe34023-a81f-4f1a-baf5-4059b69121c9" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Israel and Turkey begin talks to avoid conflict in Syria</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/5fe34023-a81f-4f1a-baf5-4059b69121c9" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Meeting aims to prevent ‘undesirable incidents’ as both countries expand military presence inside Arab state</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"><div class="timestamp"><time class="timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" dateTime="2025-04-10T17:22:18+0000">2 hours ago</time></div></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-7 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:life-and-arts;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="life-and-arts" data-trackable-context-storygroup-position="2" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/ff0af5e7-60eb-4cc9-aebd-da6fbc94f8c8" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb6f6a8ab-7e9c-435f-a27c-8c282a15e79e.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb6f6a8ab-7e9c-435f-a27c-8c282a15e79e.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb6f6a8ab-7e9c-435f-a27c-8c282a15e79e.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="A new who’s who of the global elites" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/life-arts" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Life & Arts</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="ff0af5e7-60eb-4cc9-aebd-da6fbc94f8c8" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/ff0af5e7-60eb-4cc9-aebd-da6fbc94f8c8" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="icon icon--opinion icon--scale-3"> <span class="o-normalise-visually-hidden">opinion content. </span></span><span class="text text--color-black text-display--scale-3 text--weight-600" id="">FT Magazine. </span></span><span class="text text--color-black text-display--scale-3 text--weight-500" id="">A new who’s who of the global elites</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/ff0af5e7-60eb-4cc9-aebd-da6fbc94f8c8" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">They dominate the countries that account for more than half of global GDP — but who are they?</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__opinion"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2Ffthead-v1_simon-kuper-2074514d-b419-4448-b602-1f0924c7462a.png?source=next-home-page&dpr=2&width=40&height=40&fit=cover&gravity=poi"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2Ffthead-v1_simon-kuper-2074514d-b419-4448-b602-1f0924c7462a.png?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2Ffthead-v1_simon-kuper-2074514d-b419-4448-b602-1f0924c7462a.png?source=next-home-page&dpr=2&width=40&height=40&fit=cover&gravity=poi" alt="" class="image image--width-40"/></picture><div class="author-opinion-details"><a data-trackable="author-link" data-trackable-context-story-link="author-link" href="https://www.ft.com/simon-kuper" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Simon Kuper</span></a></div></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-10 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:eu-immigration;storyGroup:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="eu-immigration" data-trackable-context-storygroup-position="3" data-trackable-context-storygroup-siblings="4" class="layout-desktop--full-height"><div id="native-ads-placeholder" class="story-group"><div class="grid grid--1-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-1 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__image primary-story__image--1-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/46a2ba89-41c6-40ab-b1e0-54b7572f85be" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb202ec78-5f86-491f-b722-8ed8d468c25b.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb202ec78-5f86-491f-b722-8ed8d468c25b.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb202ec78-5f86-491f-b722-8ed8d468c25b.jpg?source=next-home-page&dpr=2&width=280&fit=scale-down" alt="Austria takes step to block family reunification for migrants" class="image image--width-280" loading="lazy"/></picture></a></div><div class="primary-story__teaser"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/eu-immigration" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">EU immigration</span></a></div><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="46a2ba89-41c6-40ab-b1e0-54b7572f85be" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/46a2ba89-41c6-40ab-b1e0-54b7572f85be" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-3 text--weight-500" id="">Austria takes step to block family reunification for migrants</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/46a2ba89-41c6-40ab-b1e0-54b7572f85be" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Country would be first EU nation to implement policy long advocated by the far right</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div></div></div></section></div><section class="slice advert-slice slice__no-title"><div class="slice__content"><div class="layout-tablet__grid-container"><div class="layout-tablet__grid layout-tablet__grid--span12 layout-tablet__grid--column-start-1 layout-tablet__grid--row-start-1"><div class="layout__grid-content"><pg-slot data-config-key="mid1"></pg-slot></div></div></div></div></section><div data-trackable="list:opinion" data-trackable-context-list-type="opinion" data-trackable-context-list-position="12" data-trackable-context-list-siblings="21" class="story-group-slice"><section class="slice slice--default"><div class="slice__content"><div class="separator--dotted"></div><header id="opinion" class="slice-heading"><h2 class="slice-heading__title"><a data-trackable="link" data-trackable-context-story-link="link" href="/opinion" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-80 text-sans--scale-0" id="">Opinion</span></a></h2></header><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span12 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div class="layout-desktop--full-height"><div class="layout-desktop__grid-container opinion-section"><div class="layout-desktop__grid layout-desktop__grid--span12 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:storygroup;storyGroup:xlarge" data-trackable-context-list-type="opinion" data-trackable-context-storygroup-size="xlarge" data-trackable-context-storygroup-title="storygroup" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="1"><div class="main-opinion-stories main-opinion-stories--theme-featured"><div class="grid grid--12-columns grid--fullHeight"><div class="main-opinion-stories__primary-story"><div data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="2" class="grid grid--9-columns grid--fullHeight"><div class="primary-opinion-story__wrapper"><div class="primary-opinion-story__teaser"><div class="headline js-teaser-headline headline--scale-5 headline--color-black" data-content-id="cc498e08-7765-45ee-bfa3-5520e754f325" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/cc498e08-7765-45ee-bfa3-5520e754f325" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="icon icon--opinion icon--scale-5"> <span class="o-normalise-visually-hidden">opinion content. </span></span></span><span class="text text--color-black text-display--scale-5 text--weight-400" id="">Trump’s legal attacks threaten the very basis of sound investment</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/cc498e08-7765-45ee-bfa3-5520e754f325" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">American businesses need to stand up to the president’s assault on the rule of law</span></a></p></div><div class="grid-item grid-item--span-3 grid-item--align-self-end"><div class="metadata"><a data-trackable="author-link" data-trackable-context-story-link="author-link" href="https://www.ft.com/stream/5ac8d3ab-51ff-4749-9480-e2cc8ab33f77" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">John Coates</span></a></div></div></div><div class="primary-opinion-story__image"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/cc498e08-7765-45ee-bfa3-5520e754f325" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fe5190fa8-ca74-4a2c-bd8f-c22282fd8b3f.jpg?source=next-home-page&dpr=2&width=580&height=435&fit=cover&gravity=poi"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fe5190fa8-ca74-4a2c-bd8f-c22282fd8b3f.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fe5190fa8-ca74-4a2c-bd8f-c22282fd8b3f.jpg?source=next-home-page&dpr=2&width=580&height=435&fit=cover&gravity=poi" alt="Trump’s legal attacks threaten the very basis of sound investment" class="image image--width-580"/></picture></a></div></div></div><div class="main-opinion-stories__secondary-story"><div class="separator--solid"></div><div data-trackable-context-story-type="secondary" data-trackable-context-story-position="1" data-trackable-context-story-siblings="2" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-3"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__teaser"><div class="headline js-teaser-headline headline--scale-3 headline--color-black" data-content-id="258326fb-39c1-4ae5-a79c-270cdbef4a23" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/258326fb-39c1-4ae5-a79c-270cdbef4a23" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="icon icon--opinion icon--scale-3"> <span class="o-normalise-visually-hidden">opinion content. </span></span></span><span class="text text--color-black text-display--scale-3 text--weight-500" id="">If Trump is trying to suppress China, he’s going about it all wrong</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/258326fb-39c1-4ae5-a79c-270cdbef4a23" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">The shock of tariffs is pulling Beijing back to economic fundamentals</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata"><a data-trackable="author-link" data-trackable-context-story-link="author-link" href="https://www.ft.com/stream/5e84380d-8284-4828-a837-0a416ecb30be" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Keyu Jin</span></a></div></div></div></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span12 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-2 layout-desktop__grid--with-padding"><div class="separator--solid"></div></div><div class="layout-desktop__grid layout-desktop__grid--span9 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-3 layout-desktop__grid--with-border"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:storygroup;storyGroup:large" data-trackable-context-list-type="opinion" data-trackable-context-storygroup-size="large" data-trackable-context-storygroup-title="storygroup" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="2"><div class="story-group story-group--skip-primary-story"><div class="grid grid--3-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="0" data-trackable-context-story-siblings="6" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="d5986c38-6c60-4869-b28a-f1dfb0868c3e" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/d5986c38-6c60-4869-b28a-f1dfb0868c3e" class="link" target="_self" 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class="primary-story__teaser"><div class="headline js-teaser-headline headline--scale-4 headline--color-black" data-content-id="f38d77c0-f31f-444b-9b2a-1211c4c9584b" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/f38d77c0-f31f-444b-9b2a-1211c4c9584b" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-4 text--weight-500" id="">BlackRock backs $750mn Adani private bond issue</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/f38d77c0-f31f-444b-9b2a-1211c4c9584b" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Global financial groups continue to deal with Indian conglomerate despite US legal troubles</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="primary-story__image primary-story__image--3-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/f38d77c0-f31f-444b-9b2a-1211c4c9584b" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6f2875d6-d46a-4e52-9c1e-2a7ac5a412e9.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6f2875d6-d46a-4e52-9c1e-2a7ac5a412e9.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F6f2875d6-d46a-4e52-9c1e-2a7ac5a412e9.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down" alt="BlackRock backs $750mn Adani private bond issue" class="image image--width-580" loading="lazy"/></picture></a></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-1"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="1" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="5c4b2bc9-f0ac-46f3-a93b-cfa6273428f9" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/5c4b2bc9-f0ac-46f3-a93b-cfa6273428f9" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">Apple turns to India to help ease Trump’s China tariffs</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-2"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="2" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="82e5a5c0-3e7b-419d-92f9-7b84475af2c9" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/82e5a5c0-3e7b-419d-92f9-7b84475af2c9" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">Global stocks soar as Trump backs down from trade war</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-3 story-group--end-of-row"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="3" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="64206e64-c934-4f3f-8b3d-899dd0ba4bcc" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/64206e64-c934-4f3f-8b3d-899dd0ba4bcc" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">UK and India rush to secure trade deal after Trump tariffs</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-3 story-group--column-start-1"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="4" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="e5ba740e-93ca-4965-81e2-aa1e59686411" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/e5ba740e-93ca-4965-81e2-aa1e59686411" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">China hits US imports with additional retaliatory tariff of 50%</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-3 story-group--column-start-2"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="5" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="dda2f527-d55c-403a-83bd-cadf9adc60cb" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="https://ig.ft.com/china-trade-surplus" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">How China’s record trade surplus helped spark Trump’s tariff war </span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-3 story-group--column-start-3 story-group--end-of-row"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="6" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="81cbdcdf-aafa-411e-8458-4af2b2b186d0" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/81cbdcdf-aafa-411e-8458-4af2b2b186d0" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">Donald Trump’s sweeping tariffs take effect</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-10 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div data-trackable="group:asia-pacific-news;groupSize:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="asia-pacific-news" data-trackable-context-storygroup-position="1" data-trackable-context-storygroup-siblings="2" class="layout-desktop--full-height"><div class="links-promo"><div class="list list--vertical"><h3 class="text text--color-black text-sans--scale-0 text--weight-600" id="">More Asia-Pacific News</h3><ul class="list__items-wrapper"><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="0" data-trackable-context-story-siblings="5" data-id="asia-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/asia-pacific-economy" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Asia-Pacific economy</span></a></div></div></li><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="1" data-trackable-context-story-siblings="5" data-id="asia-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/companies/asia-pacific" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Asia-Pacific companies</span></a></div></div></li><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="2" data-trackable-context-story-siblings="5" data-id="asia-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/asia-pacific-equities" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Asia-Pacific equities</span></a></div></div></li><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="3" data-trackable-context-story-siblings="5" data-id="asia-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/world/asia-pacific/china" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">China</span></a></div></div></li><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="4" data-trackable-context-story-siblings="5" data-id="asia-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/india" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">India</span></a></div></div></li></ul></div><div data-trackable="story:related-promo" data-trackable-context-story-type="related-promo" data-trackable-context-story-position="0" data-trackable-context-story-siblings="1" class="promo__links"><div class="promo__links-text"><a data-trackable="related-promo-link" data-trackable-context-story-link="related-promo-link" href="https://ep.ft.com/newsletters/subscribe?newsletterIds=5e67775d8bb28f00049b0f76" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-700" id="">Newswrap</span><span class="promo__links--spacing"><span class="text text--color-teal text-sans--scale-0" id="">Sign up for our newsletter</span></span></a></div><div class="promo__links-image"><a data-trackable="related-promo-link" data-trackable-context-story-link="related-promo-link" href="https://ep.ft.com/newsletters/subscribe?newsletterIds=5e67775d8bb28f00049b0f76" class="link" 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src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fnext-video-editor-images.s3.ap-northeast-1.amazonaws.com%2F62da0364-b96a-429e-8833-48091bc4ac0c?source=next-home-page&dpr=2&width=180&height=180&fit=cover&gravity=poi" alt="FT News Briefing podcast" class="image image--width-180"/></picture></a></div><div class="grid-item grid-item--span-3 podcast__content"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/85dc45c3-e211-4023-b5f4-a9677cbad04e" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-2 text--weight-600" id="">FT News Briefing. </span></span><span class="text text--color-black text-display--scale-2 text--weight-400" id="">Trump’s tariff reversal </span></a></div><div class="podcast__suffix"><span class="text text--color-black-60 text-sans--scale-0" id="">10 min listen</span></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-7 layout-desktop__grid--row-start-1"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="2" data-trackable-context-story-siblings="4" class="grid grid--1-columns grid--s3-spacing grid--fullHeight"><div class="podcast__article-wrapper"><div class="grid-item grid-item--span-3 podcast__image"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/938c7d4a-4a00-4391-88fb-797a0c02cb0a" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fnext-video-editor-images.s3.ap-northeast-1.amazonaws.com%2F6c0f5886-4529-49e1-8269-3fea91403c7c?source=next-home-page&dpr=2&width=180&height=180&fit=cover&gravity=poi"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fnext-video-editor-images.s3.ap-northeast-1.amazonaws.com%2F6c0f5886-4529-49e1-8269-3fea91403c7c?source=next-home-page&dpr=2&width=580&height=580&fit=cover&gravity=poi"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fnext-video-editor-images.s3.ap-northeast-1.amazonaws.com%2F6c0f5886-4529-49e1-8269-3fea91403c7c?source=next-home-page&dpr=2&width=180&height=180&fit=cover&gravity=poi" alt="Behind the Money podcast" class="image image--width-180"/></picture></a></div><div class="grid-item grid-item--span-3 podcast__content"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/938c7d4a-4a00-4391-88fb-797a0c02cb0a" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-2 text--weight-600" id="">Behind the Money. </span></span><span class="text text--color-black text-display--scale-2 text--weight-400" id="">Apple navigates Trump’s tariffs</span></a></div><div class="podcast__suffix"><span class="text text--color-black-60 text-sans--scale-0" id="">18 min listen</span></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-10 layout-desktop__grid--row-start-1"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="3" data-trackable-context-story-siblings="4" class="grid grid--1-columns grid--s3-spacing grid--fullHeight"><div class="podcast__article-wrapper"><div class="grid-item grid-item--span-3 podcast__image"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/83729f44-baf5-46df-a377-5b1f0902453b" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fnext-video-editor-images.s3.ap-northeast-1.amazonaws.com%2Fbff5fe65-aaab-45b7-901f-dc5690037e23?source=next-home-page&dpr=2&width=180&height=180&fit=cover&gravity=poi"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fnext-video-editor-images.s3.ap-northeast-1.amazonaws.com%2Fbff5fe65-aaab-45b7-901f-dc5690037e23?source=next-home-page&dpr=2&width=580&height=580&fit=cover&gravity=poi"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fnext-video-editor-images.s3.ap-northeast-1.amazonaws.com%2Fbff5fe65-aaab-45b7-901f-dc5690037e23?source=next-home-page&dpr=2&width=180&height=180&fit=cover&gravity=poi" alt="Unhedged Podcast" class="image image--width-180"/></picture></a></div><div class="grid-item grid-item--span-3 podcast__content"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/83729f44-baf5-46df-a377-5b1f0902453b" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-2 text--weight-600" id="">Unhedged Podcast. </span></span><span class="text text--color-black text-display--scale-2 text--weight-400" id="">Surveying the wreckage</span></a></div><div class="podcast__suffix"><span class="text text--color-black-60 text-sans--scale-0" id="">23 min listen</span></div></div></div></div></div></div></div></div></div></div></div></div></section></div><div data-trackable="list:life-and-arts" data-trackable-context-list-type="life-and-arts" data-trackable-context-list-position="15" data-trackable-context-list-siblings="21" class="story-group-slice"><section class="slice story-group-named-slice slice--default slice--has-sub-navigation"><div class="slice__content"><div class="separator--dotted"></div><header id="life-and-arts" class="slice-heading"><h2 class="slice-heading__title"><a data-trackable="link" data-trackable-context-story-link="link" href="/life-arts" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-80 text-sans--scale-0" id="">Life & Arts</span></a></h2></header><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span12 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:list;storyGroup:xlarge" data-trackable-context-storygroup-size="xlarge" data-trackable-context-storygroup-title="list" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="1" class="layout-desktop--full-height"><div class="list list--horizontal"><ul class="list__items-wrapper"><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="0" data-trackable-context-story-siblings="9" data-id="life-and-arts-links" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/arts" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Arts</span></a></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="1" data-trackable-context-story-siblings="9" data-id="life-and-arts-links" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/books" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Books</span></a></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="2" data-trackable-context-story-siblings="9" data-id="life-and-arts-links" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/food-drink" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Food & Drink</span></a></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="3" data-trackable-context-story-siblings="9" data-id="life-and-arts-links" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/magazine" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">FT Magazine</span></a></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="4" data-trackable-context-story-siblings="9" data-id="life-and-arts-links" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/style" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Style</span></a></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="5" data-trackable-context-story-siblings="9" data-id="life-and-arts-links" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/house-home" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">House & Home</span></a></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="6" data-trackable-context-story-siblings="9" data-id="life-and-arts-links" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/travel" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Travel</span></a></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="7" data-trackable-context-story-siblings="9" data-id="life-and-arts-links" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/globetrotter" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">FT Globetrotter</span></a></div></div></li><li><div data-trackable="story:list" data-trackable-context-story-type="list" data-trackable-context-story-position="8" data-trackable-context-story-siblings="9" data-id="life-and-arts-links" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/htsi" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">HTSI</span></a></div></div></li></ul></div></div></div></div></div></div></section></div><div data-trackable="list:life-and-arts" data-trackable-context-list-type="life-and-arts" data-trackable-context-list-position="16" data-trackable-context-list-siblings="21" class="story-group-slice"><section class="slice story-group-named-slice slice__no-title slice--default"><div class="slice__content"><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span12 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:storycollection;storyGroup:xlarge" data-trackable-context-storygroup-size="xlarge" data-trackable-context-storygroup-title="storycollection" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="1" class="layout-desktop--full-height"><div class="layout-desktop__grid-container story-collection"><div class="layout-desktop__grid layout-desktop__grid--span6 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="5" class="featured-story"><div class="featured-story__image"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/19504fed-5e39-488f-b5b8-c9a7eb8a6b84" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb414e2ef-6e42-435b-8f8e-755661c7e529.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb414e2ef-6e42-435b-8f8e-755661c7e529.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fb414e2ef-6e42-435b-8f8e-755661c7e529.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down" alt="Six films to watch this week" class="image image--width-580"/></picture></a></div><div class="featured-story-content"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/film" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Film</span></a></div><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="19504fed-5e39-488f-b5b8-c9a7eb8a6b84" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/19504fed-5e39-488f-b5b8-c9a7eb8a6b84" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-2 text--weight-600" id="">Review. </span></span><span class="text text--color-black text-display--scale-2 text--weight-400" id="">Six films to watch this week</span></a></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span6 layout-desktop__grid--column-start-7 layout-desktop__grid--row-start-1"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="1" data-trackable-context-story-siblings="5" class="featured-story featured-story--hide-image-on-mobile"><div class="featured-story__image"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/d9dcbfa6-ed7f-4baa-b6cc-b05396eb2a95" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7ab50e01-a52a-4f59-9aaa-68ed7c3539f6.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7ab50e01-a52a-4f59-9aaa-68ed7c3539f6.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7ab50e01-a52a-4f59-9aaa-68ed7c3539f6.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down" alt="The Lives of the Caesars — Tom Holland translates Suetonius’s gossip-filled biographies " class="image image--width-580"/></picture></a></div><div class="featured-story-content"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/history-books" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">History books</span></a></div><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="d9dcbfa6-ed7f-4baa-b6cc-b05396eb2a95" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/d9dcbfa6-ed7f-4baa-b6cc-b05396eb2a95" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-2 text--weight-600" id="">Review. </span></span><span class="text text--color-black text-display--scale-2 text--weight-400" id="">The Lives of the Caesars — Tom Holland translates Suetonius’s gossip-filled biographies </span></a></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span12 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-2 layout-desktop__grid--hidden layout-desktop__grid--with-padding"><div class="separator--solid"></div></div><div class="layout-desktop__grid layout-desktop__grid--span4 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-3"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="secondary" data-trackable-context-story-position="2" data-trackable-context-story-siblings="5" class="featured-story featured-story--hide-image-on-mobile"><div class="featured-story__image"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/1f933523-07d8-4c06-bd39-6d04e48dbe2f" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fc6113061-743b-496e-9682-d190ea47581f.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fc6113061-743b-496e-9682-d190ea47581f.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fc6113061-743b-496e-9682-d190ea47581f.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down" alt="Kiln, the Newcastle café where the tableware is on the menu too" class="image image--width-580"/></picture></a></div><div class="featured-story-content"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/visual-arts" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Visual Arts</span></a></div><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="1f933523-07d8-4c06-bd39-6d04e48dbe2f" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/1f933523-07d8-4c06-bd39-6d04e48dbe2f" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-2 text--weight-600" id="">Cult Shop. </span></span><span class="text text--color-black text-display--scale-2 text--weight-400" id="">Kiln, the Newcastle café where the tableware is on the menu too</span></a></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span4 layout-desktop__grid--column-start-5 layout-desktop__grid--row-start-3"><div class="layout__grid-content"><div data-trackable="story:lead" data-trackable-context-story-type="secondary" data-trackable-context-story-position="3" data-trackable-context-story-siblings="5" class="featured-story featured-story--hide-image-on-mobile"><div class="featured-story__image"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/d3d0bc32-515e-4045-acfb-d86edc43fc37" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F27253d83-233a-47ed-88e9-add1252f20fa.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F27253d83-233a-47ed-88e9-add1252f20fa.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F27253d83-233a-47ed-88e9-add1252f20fa.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down" alt="The Return — Juliette Binoche and Ralph Fiennes crackle with emotion in grand Odyssey tale" class="image image--width-580"/></picture></a></div><div class="featured-story-content"><div class="story-group__title"><a data-trackable="story-group-title-link" data-trackable-context-story-link="story-group-title-link" href="https://www.ft.com/film" class="link" target="_self" aria-hidden="false"><span class="text text--color-claret text-sans--scale-0 text--weight-600" id="">Film</span></a></div><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="d3d0bc32-515e-4045-acfb-d86edc43fc37" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" 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href="/content/f38d77c0-f31f-444b-9b2a-1211c4c9584b" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">BlackRock backs $750mn Adani private bond issue</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-3 story-group--end-of-row"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="3" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="82e5a5c0-3e7b-419d-92f9-7b84475af2c9" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/82e5a5c0-3e7b-419d-92f9-7b84475af2c9" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">Global stocks soar as Trump backs down from trade war</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-3 story-group--column-start-1"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="4" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="0d6e714b-30a9-4958-8fcb-588fde4e16ed" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/0d6e714b-30a9-4958-8fcb-588fde4e16ed" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">Bitcoin stabilises as hopes rise Trump tariffs will renew interest in crypto</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-3 story-group--column-start-2"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="5" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="c10544d9-866e-4d28-9e60-842c019cb9ff" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/c10544d9-866e-4d28-9e60-842c019cb9ff" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">Brent crude dips below $60 per barrel for first time in 4 years </span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-3 story-group--column-start-3 story-group--end-of-row"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="6" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="1d79c97f-e35f-4f32-baad-65efe95842e6" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/1d79c97f-e35f-4f32-baad-65efe95842e6" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">UK borrowing costs soar to highest level since 1998</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div></div></div></div></div></div><div class="layout-desktop__grid layout-desktop__grid--span3 layout-desktop__grid--column-start-10 layout-desktop__grid--row-start-1 layout--default"><div class="layout__grid-content"><div data-trackable="group:markets-news;groupSize:small" data-trackable-context-storygroup-size="small" data-trackable-context-storygroup-title="markets-news" data-trackable-context-storygroup-position="1" data-trackable-context-storygroup-siblings="2" class="layout-desktop--full-height"><div class="links-promo"><div class="list list--vertical"><h3 class="text text--color-black text-sans--scale-0 text--weight-600" id="">More markets news</h3><ul class="list__items-wrapper"><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="0" 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Data</span></a></div></div></li><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="2" data-trackable-context-story-siblings="11" data-id="markets-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/capital-markets" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Capital Markets</span></a></div></div></li><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="3" data-trackable-context-story-siblings="11" data-id="markets-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" 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data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="7" data-trackable-context-story-siblings="11" data-id="markets-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/ft-wealth-management" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Wealth Management</span></a></div></div></li><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="8" data-trackable-context-story-siblings="11" data-id="markets-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/ft-trading-room" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Trading</span></a></div></div></li><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="9" data-trackable-context-story-siblings="11" data-id="markets-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://www.ft.com/moral-money" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Moral Money</span></a></div></div></li><li><div data-trackable="story:related-link" data-trackable-context-story-type="related-link" data-trackable-context-story-position="10" data-trackable-context-story-siblings="11" data-id="markets-news-links-promo" data-name="list" data-type="list" data-subtype="" class="list__links"><div class="list__item-link"><a data-trackable="related-link" data-trackable-context-story-link="related-link" href="https://etf.ft.com/" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">ETF Hub</span></a></div></div></li></ul></div></div></div></div></div></div></div></section></div><div data-trackable="list:technology" data-trackable-context-list-type="technology" data-trackable-context-list-position="20" data-trackable-context-list-siblings="21" class="story-group-slice"><section class="slice slice--default"><div class="slice__content"><div class="separator--dotted"></div><header id="technology" class="slice-heading"><h2 class="slice-heading__title"><a data-trackable="link" data-trackable-context-story-link="link" href="/technology" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-80 text-sans--scale-0" id="">Technology</span></a></h2></header><div class="layout-desktop__grid-container"><div class="layout-desktop__grid layout-desktop__grid--span9 layout-desktop__grid--column-start-1 layout-desktop__grid--row-start-1 layout-desktop__grid--with-border layout--default"><div class="layout__grid-content"><div data-trackable="storyGroupTitle:storygroup;storyGroup:large" data-trackable-context-storygroup-size="large" data-trackable-context-storygroup-title="storygroup" data-trackable-context-storygroup-position="0" data-trackable-context-storygroup-siblings="2" class="layout-desktop--full-height"><div class="story-group"><div class="grid grid--3-columns grid--fullHeight" style="grid-template-rows:min-content;-ms-grid-rows:min-content"><div class="story-group__article-wrapper story-group--row-start-1 story-group--column-start-1 story-group--full-width-3 story-group--end-of-row"><div class="story-group__article story-group__article--lead"><div data-trackable="story:lead" data-trackable-context-story-type="lead" data-trackable-context-story-position="0" data-trackable-context-story-siblings="7" class="grid grid--3-columns grid--s4-spacing grid--fullHeight"><div class="grid-item grid-item--span-1"><div class="grid grid--1-columns grid--s3-spacing"><div class="primary-story__teaser"><div class="headline js-teaser-headline headline--scale-4 headline--color-black" data-content-id="1d764f8c-87d1-4dc6-bac2-20e676256ca7" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/1d764f8c-87d1-4dc6-bac2-20e676256ca7" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="icon icon--opinion icon--scale-4"> <span class="o-normalise-visually-hidden">opinion content. </span></span><span class="text text--color-black text-display--scale-4 text--weight-600" id="">Business Insight. </span></span><span class="text text--color-black text-display--scale-4 text--weight-500" id="">Silicon Valley stands to lose from a trade war</span></a></div><p class="standfirst"><a data-trackable="standfirst-link" data-trackable-context-story-link="standfirst-link" href="/content/1d764f8c-87d1-4dc6-bac2-20e676256ca7" class="link" target="_self" aria-hidden="false"><span class="text text--color-black-60 text-sans--scale-0 text--style--no-active-state" id="">Big Tech’s interests are in stark contrast to the movement that put Trump in the White House</span></a></p></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__opinion"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2FRichard%2520Waters-5c28ea3e-37d4-4075-9490-98de0c7ab93f.png?source=next-home-page&dpr=2&width=40&height=40&fit=cover&gravity=poi"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2FRichard%2520Waters-5c28ea3e-37d4-4075-9490-98de0c7ab93f.png?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fuploaded-files%2FRichard%2520Waters-5c28ea3e-37d4-4075-9490-98de0c7ab93f.png?source=next-home-page&dpr=2&width=40&height=40&fit=cover&gravity=poi" alt="" class="image image--width-40"/></picture><div class="author-opinion-details"><a data-trackable="author-link" data-trackable-context-story-link="author-link" href="https://www.ft.com/richard-waters" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Richard Waters</span></a></div></div></div></div></div><div class="primary-story__image primary-story__image--3-cols"><a data-trackable="image-link" data-trackable-context-story-link="image-link" href="/content/1d764f8c-87d1-4dc6-bac2-20e676256ca7" class="link" target="_self" tabindex="-1" aria-hidden="true"><picture><source media="(min-width: 1024px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd4ce9306-97e7-4919-ad50-be456cb2f38e.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><source media="(max-width: 580px)" srcSet="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd4ce9306-97e7-4919-ad50-be456cb2f38e.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down"/><img src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd4ce9306-97e7-4919-ad50-be456cb2f38e.jpg?source=next-home-page&dpr=2&width=580&fit=scale-down" alt="Silicon Valley stands to lose from a trade war" class="image image--width-580" loading="lazy"/></picture></a></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-1"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="1" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="258326fb-39c1-4ae5-a79c-270cdbef4a23" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/258326fb-39c1-4ae5-a79c-270cdbef4a23" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="icon icon--opinion icon--scale-2"> <span class="o-normalise-visually-hidden">opinion content. </span></span></span><span class="text text--color-black text-display--scale-2 text--weight-500" id="">If Trump is trying to suppress China, he’s going about it all wrong</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata"><a data-trackable="author-link" data-trackable-context-story-link="author-link" href="https://www.ft.com/stream/5e84380d-8284-4828-a837-0a416ecb30be" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-sans--scale-0" id="">Keyu Jin</span></a></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-2"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="2" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="34e1efa8-bcd3-47f6-9004-1d2906bc658c" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/34e1efa8-bcd3-47f6-9004-1d2906bc658c" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-2 text--weight-600" id="">#techAsia. </span></span><span class="text text--color-black text-display--scale-2 text--weight-500" id="">Tech suppliers in turmoil and Foxconn brings EV ambitions to Japan</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-2 story-group--column-start-3 story-group--end-of-row"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="3" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="14d012e3-6a47-455f-b533-57c8e2f08a16" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/14d012e3-6a47-455f-b533-57c8e2f08a16" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">UK AI start-up Wayve clinches first carmaker deal with Nissan</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-3 story-group--column-start-1"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="4" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="9c6a9cf5-1d54-4e93-88bb-6fec41fa0282" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/reports/ft-asia-pacific-companies" class="link" target="_self" aria-hidden="false"><span placeholder="headlineIndicator" class="headline-indicator"><span class="text text--color-black text-display--scale-2 text--weight-600" id="">Special Report. </span></span><span class="text text--color-black text-display--scale-2 text--weight-500" id="">FT High-Growth Companies Asia-Pacific</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-3 story-group--column-start-2"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" data-trackable-context-story-type="secondary" data-trackable-context-story-position="5" data-trackable-context-story-siblings="7" class="grid grid--1-columns grid--s3-spacing"><div class="headline js-teaser-headline headline--scale-2 headline--color-black" data-content-id="32b74614-fcdd-44f7-a686-51be7638a1e1" data-is-exclusive="false" data-is-scoop="false"><a data-trackable="heading-link" data-trackable-context-story-link="heading-link" href="/content/32b74614-fcdd-44f7-a686-51be7638a1e1" class="link" target="_self" aria-hidden="false"><span class="text text--color-black text-display--scale-2 text--weight-500" id="">Collaboration not disruption is key to start-up success in Asia, say academics</span></a></div><div class="grid-item grid-item--span-1 grid-item--align-self-end"><div class="metadata metadata__timestamp"></div></div></div></div><div class="story-group__separator story-group__separator--hidden"><div class="separator--solid"></div></div></div><div class="story-group__article-wrapper story-group--row-start-3 story-group--column-start-3 story-group--end-of-row"><div class="story-group__article story-group__article--secondary"><div data-trackable="story:secondary" 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