Top headlines from across today’s paper
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FINANCIAL TIMES
Thursday, 17 July 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Should China adopt a zero interest rate?
 
Policymakers in Beijing are deadlocked while some analysts believe rates are, in effect, at zero already
 
 
UK and Germany join forces in push for lucrative sales of military jets and hardware
 
Berlin vows more pragmatic approach after years of tension between two countries over arms exports
 
 
UK green energy groups warned they would lose subsidies under a Reform government
 
Deputy leader Richard Tice says rightwing populist party will reassess ‘all net zero commitments’ due to high costs
 
 
Von der Leyen botches €2tn EU budget proposal with chaotic infighting
 
Centralised process has compromised launch of commission president’s spending plan, colleagues say
 
 
Donald Trump asked lawmakers whether he should fire Fed’s Jay Powell
 
US president later said such a move would be ‘highly unlikely’, prompting swings in currency markets
 
 
 

Top Headlines from the International Editions

 
 
 
US justice department fires Jeffrey Epstein prosecutor Maurene Comey
 
Daughter of former FBI director James Comey also worked on Sean Combs case
 
 
Alimentation Couche-Tard drops its $46bn pursuit of 7-Eleven owner
 
Canadian owner of Circle K chain blames lack of ‘constructive engagement’ by Japan’s Seven & i
 
 
China’s Belt and Road investment and construction activity hits record
 
Rapidly expanding presence in countries signed up to Xi Jinping’s global initiative contrasts with US approach
 
 
Donald Trump says Coca-Cola will use cane sugar in US production of Coke
 
President says beverage giant will switch back to its old primary sweetener in cola produced domestically
 
 
Inside America’s booming immigration detention industry
 
The enormous US deportation programme is enriching companies as detainees complain of poor treatment
 
 
 

Markets

 
 
 
Central banks face dilemma over rise of dollar-backed stablecoins
 
Countries balance public demand for digital money against warnings over sector’s risks to financial stability
 
 
‘Amazon of guns’ backed by Donald Trump Jr sinks on stock market debut
 
GrabAGun says it is ‘built for the next generation of firearms enthusiasts and sportsmen’
 
 
UK insurance industry wins lower capital requirements for in-house risk managers
 
Government to reform rules for ‘captives’ as part of chancellor’s deregulation push
 
 
Barclays fined £42mn for failed money laundering checks
 
Bank fine linked to criminal cases, including one that embroiled Bernie Ecclestone’s ex son-in-law
 
 
Rachel Reeves’ limited pitch to Britain’s financial sector
 
Growth requires clearer signals on tax and bolder reforms
 
 
 

Companies

 
 
 
United Airlines raises outlook after ‘acceleration’ in travel demand
 
US carrier’s quarterly revenue topped $15bn for the first time
 
 
Babies born with DNA from 3 people in pioneering UK IVF trial
 
Mitochondrial transfer offers fresh hope to parents at risk of passing on incurable genetic disease to their children
 
 
US set to ban Chinese technology in submarine cables
 
New rule aims to end vulnerability in communications infrastructure after attack on American telecoms
 
 
Guinness owner Diageo to replace chief executive Debra Crew
 
Struggling FTSE 100 drinks group searching for new chief to lead turnaround and rebuild investor confidence
 
 
Trump trade rep pushes defence start-ups to fill manufacturing gap
 
Jamieson Greer cheered by Silicon Valley players hoping for a boost from military spending
 
 
 

Opinion

 
 
 
A weak yen is the root of Japan’s lurch to the right