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May 18, 2026 · 2 min read

European markets to start the week lower after Trump threatens Iran

European stocks are expected to start the new trading week in negative territory as investors react to the latest developments in the U.S.-Iran war.

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May 18, 2026 · 1 min read

EU races to find deal compromise as Trump tariff deadline looms

Also in this newsletter: European and Gulf leaders discuss Iran war fallout

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May 18, 2026 · 1 min read

China is not Japan

But its real estate market has been doing a darn good impression

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High energy prices could derail Europe’s AI race with U.S. and China

May 18, 2026 · 7 min read

High energy prices could derail Europe’s AI race with U.S. and China

Energy costs vary widely across Europe, creating clear winners and losers in attracting investment.

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May 18, 2026 · 5 min read

Why a small UK lender has major U.S. credit firms on edge

The continuing fallout from MFS' collapse has heightened fears that problems in complex credit markets pose a broader systemic risk.

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May 18, 2026 · 7 min read

Novo Nordisk’s next obesity battlefront: Winning beyond America

The weight loss pill had a strong U.S. launch this year, and Novo believes that will be replicated in other markets around the world.

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May 18, 2026 · 10 min read

How Elon Musk and Sam Altman went from besties to bitter rivals

In the 11 years since Elon Musk and Sam Altman helped start OpenAI, their once tight bond has unwound, leaving the two billionaires fighting it out in court.

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May 18, 2026 · 1 min read

FirstFT: Mortgage costs jump on Iran war

Also in today’s newsletter: Labour’s Brexit debate and German unemployment

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May 18, 2026 · 4 min read

Samsung strike involving 47,000 workers looms as South Korea’s president urges labor deal

South Korea’s government stepped up pressure on Samsung Electronics and its union to avert a strike that officials say could cost the economy billions.

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May 18, 2026 · 1 min read

Anthropic to brief global financial watchdog on cyber flaws exposed by Mythos

US tech group will discuss capabilities of its new AI model with members of the Financial Stability Board

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May 18, 2026 · 1 min read

EU plans to force companies to buy parts from non-Chinese suppliers

New rules to target chemicals and industrial machinery makers

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May 18, 2026 · 1 min read

Defence groups clamour to delay US ban on Chinese rare earth magnets

Military contractors want more time to comply with prohibition years in the making and now just months away

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