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Your browser does not support playing this file but you can still download the MP3 file to play locally. US stocks stay fairly flat after Fed Chair Jerome Powell testifies in Congress, a Ukrainian-made drone hits an oil refinery in Russia, and the International Energy Agency says investing $25 billion annually could lead to universal

Pity Merrick Garland. Whichever path America’s attorney-general takes — to prosecute Donald Trump or not — entails great risk. Putting the former president on trial would hasten the country’s drift towards political violence. Letting him walk away would make another coup attempt more likely. Garland is damned if he does and damned if he doesn’t.

The names of readers (either their social media handle or FT commenting name) have been given in bold type at the end of each entry. Where readers gave further details about what they love about a particular library, that has been included as a quote.  The Abbey Library of St Gall, Switzerland  The first record

The evening began with a coup de théâtre — five drummers filing into the venue halfway down the stalls, unleashing a hail of percussion as heads swivelled to watch them, then processing on to the stage to join the band. Women in robes and bright traditional headdresses laid out a carpet and strewed it with

War in Ukraine, record fuel and food prices and rising interest rates are stoking the threat of stagflation but at least one region is positioned to avoid the worst of the downturn: south-east Asia. Across the globe, investors are selling stocks in anticipation of higher interest rates and potential recession. The US Federal Reserve last

European corporate leaders are becoming detached from their Chinese operations and less tolerant of Beijing’s diktats as business confidence plummets in the world’s biggest consumer market and factory floor. The warning from the EU Chamber of Commerce in China comes as strict border closures, which have persisted for more than two years under President Xi

You can enable subtitles (captions) in the video player If you could describe this topic in one snappy sentence, what would it be? The war in Ukraine, will it be a help or a hindrance for the world’s net zero goals? By the end of the COP26 Summit in Glasgow last year, there was a

To the list of merits of the monarchy offered by Andrew Try (Letters, June 11) we could add the fact that the Queen’s importance also lies in what she takes away from her ministers. It is she and not they who embodies personally that which citizens honour and for which armed forces serve. Political figures

A pledge by the energy regulator to crack down on electricity and gas suppliers using customers’ credit balances like an “interest-free company credit card” has been condemned by providers as “inadequate” and slow. On Monday, Ofgem published a range of proposals aimed at preventing a repeat of the crisis of last autumn and winter when

This article, picked by a teacher with suggested questions, is part of the Financial Times free schools access programme. Details/registration here. Specification: Moral philosophy: utilitarianism; Cora Diamond Click to view the article below and then answer the questions: Smart, co-operative, emotional: what cutting-edge science tells us about pigs Could a hedonistic utilitarian justify eating pigs? Do

Your browser does not support playing this file but you can still download the MP3 file to play locally. Last month, Andy Warhol’s “Shot Sage Blue Marilyn” sold for $195mn, making it the second most expensive piece of art to sell at auction, ever. And as prices keep going up, the art market — auction

Deutsche Bank has begun installing an application on bankers’ phones to track all their communications with clients amid regulatory probes into inappropriate messaging that have rattled the industry. The German lender has started requiring certain bankers to download Movius, a US mobile app that allows compliance staff to monitor calls, text messages and WhatsApp conversations,

A painting by Vincent van Gogh on show at Tefaf Maastricht will reveal its secrets when restorers start researching and sprucing up the picture later this year. “Poplars near Nuenen” will go on show in a dedicated space at the fair, giving visitors the chance to see the fragile masterpiece before its planned revamp this

A share which loses nine-tenths of its value has simply dropped 80 per cent, then halved. The lesson: in a bear market, more bad news always lies ahead. Witness UK-listed Asos. Investors had already pummelled shares in the online fashion retailer as the boom in pandemic ecommerce ended and inflation bit into consumer wallets. Yet

Angola has seized a stake in the nation’s biggest diamond miner, giving it majority control of one of the world’s largest gem firms in a move that marks the waning influence of Chinese investors in the southern African nation. Catoca owns the world’s fourth-largest diamond mine. Catoca’s owners include Russia’s Alrosa, the world’s biggest diamond

Not all crypto crashes are alike. Most are foreseen accidents, though some may be engineered in their image. To safeguard the overall blockchain industry and crypto market, TRON DAO Reserve will withdraw 2.5 billion #TRX out of binance. — TRON DAO Reserve (@trondaoreserve) June 15, 2022 That’s Tron, which is a blockchain network in the

Major digital asset exchanges are shedding hundreds of workers in an abrupt reversal from the industry’s breakneck expansion as a two-year hot streak gives way to a crypto chill. US-listed Coinbase on Tuesday announced plans to lay off nearly a fifth of its workforce, amounting to more than 1,000 people, joining rivals including Gemini, Crypto.com

Big Tech is under fresh scrutiny in Europe, with companies being brought into line on disinformation policies, Germany opening an investigation into Apple’s practices and a Facebook competition appeal failing in the UK. Javier Espinoza in Brussels reports Facebook, Twitter, Google, Microsoft and TikTok are among those preparing to sign up to an updated version

Nothing makes me more acutely aware of the pain of an open-plan office than receiving a voice note. I stop everything and pick apart my morass of tangled headphone cords to listen. Perhaps the most transformational innovation in telecoms since texting, they are also the most controversial, both reviled and loved. “People who send voice notes

The yen plunged to a 24-year low of ¥135.19 against the dollar on Monday, with the currency’s slide drawing increasing scrutiny from Japanese authorities wary of its rapid weakening. Following a week of setting fresh 20-year lows, the yen continued its descent as traders bet that the Bank of Japan will remain the only major