Top headlines from across today’s paper
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FINANCIAL TIMES
Monday, 5 May 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Chinese exporters ‘wash’ products in third countries to avoid Donald Trump’s tariffs
 
Asian neighbours wary of becoming staging posts for trade actually destined for US
 
 
Hard-right candidate wins first round of Romania’s election rerun
 
George Simion will face centrist Bucharest mayor Nicușor Dan in presidential run-off vote on May 18
 
 
Labour MPs press Keir Starmer to rethink benefits cuts after local elections
 
Removal of winter fuel allowance partly blamed for party’s setbacks at polls
 
 
Greg Abel faces tricky task leading Berkshire Hathaway after Buffett
 
Handpicked successor inherits record cash pile — but will be scrutinised more than ‘Oracle of Omaha’
 
 
Can anyone replicate Warren Buffett’s performance?
 
Since 1965, the ‘Sage of Omaha’ has been the driving force behind Berkshire Hathaway. His successor has big shoes to fill
 
 
 

Top Headlines from the International Editions

 
 
 
Donald Trump says he will impose 100% tariff on movies made abroad
 
US president expands trade war to film industry in pledge to prevent ‘death of Hollywood’
 
 
Oil price slumps after Saudi-led Opec+ expands production
 
Cartel’s decision to add 411,000 barrels a day for second consecutive month raises fear of supply glut
 
 
Bodies of 13 workers kidnapped from a Peruvian gold mine are found
 
Guards’ deaths highlights growing problem of illegal mining and criminal violence in Andean nation
 
 
Israel vows to hit back against Iran and Houthis after airport attack
 
Tensions surge across Middle East as missile fired by Yemen militant group lands near Ben Gurion airport
 
 
Donald Trump’s ‘Marie Antoinette moment’: call for national sacrifice falls flat
 
President faces backlash after warning Americans they will have to make do with fewer toys at Christmas
 
 
 

Markets

 
 
 
Cash-strapped Maldives to build $9bn blockchain hub in bid to lure investors
 
Dubai-based family office plans financial zone for the Indian Ocean archipelago
 
 
How will the Federal Reserve respond to Trump’s tariffs?
 
Market Questions is the FT’s guide to the week ahead
 
 
The pitfalls of overhasty business deregulation
 
Republicans should think twice before rushing to scrap the US audit watchdog
 
 
Octopus and Revolut signal UK mobile market disruption
 
Big brands are piling into the telecoms sector by piggybacking on incumbents’ networks
 
 
Sugar prices are guided by a sweet invisible hand
 
The market for this curious commodity does not play by the rules
 
 
 

Companies

 
 
 
BT rival Community Fibre posts first profit as other altnets struggle
 
Private equity-backed company tipped to mount serious challenge to BT Openreach and Virgin Media O2
 
 
Will train WiFi ever work?
 
Connections at speed are notoriously bad and a solution is not straightforward
 
 
Social care reforms in England risk being ‘doomed to failure’, MPs warn
 
Cross-party committee calls on government to take urgent action to fix ‘broken’ model
 
 
The hard choice between growth, security and climate
 
While the green agenda remains critical, it must be balanced with the other fundamental imperatives of our age
 
 
The new White House influencer briefings are a terrible look
 
These propaganda dissemination sessions are more suited to Pyongyang
 
 
 

Opinion

 
 
 
Europe won’t displace US economic power any time soon
 
Trump’s damage to America’s growth rate will be mostly reversible