Top headlines from across today’s paper
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FINANCIAL TIMES
Thursday, 13 March 2025
 
 
 

Top Headlines from the UK Edition

 
 
 
Vladimir Putin visits Kursk as Russia pushes back Ukrainian troops in captured region
 
Moscow’s soldiers step up offensive just hours after Kyiv backs 30-day, US-brokered armistice
 
 
Starmer to target ‘cottage industry of blockers’ in overhaul of regulators 
 
UK prime minister will also talk up potential of AI to increase productivity across the state
 
 
Elon Musk’s cuts fail to stop US federal spending hitting new record
 
Government spending rose to $603bn in February despite hyperactive efficiency drive, data shows
 
 
Blackstone and Goldman Sachs CEOs see upsides to Donald Trump’s policies
 
Comments from Wall Street bosses come as president’s import tariffs fuel US recession fears
 
 
Recession will not make Trump change course
 
A president who can’t run again is freer from public opinion than business seems to realise
 
 
 

Top Headlines from the International Editions

 
 
 
China steels itself for Donald Trump’s turmoil with ‘DeepSeek congress’
 
Annual session of rubber stamp parliament highlights Beijing’s shifting priorities amid AI breakthroughs and US tariffs
 
 
Intel appoints new chief after abrupt exit of Pat Gelsinger
 
Return of former board member Lip-Bu Tan sends shares in US chip group 11% higher in post-market trading
 
 
Senate Democrats decline to back bill to avert US government shutdown
 
Republican-controlled House of Representatives had passed the measure on Tuesday
 
 
Donald Trump taps Michelle Bowman as Fed vice-chair for supervision
 
Champion of light regulation expected to be welcomed by Wall Street
 
 
The railway that China hopes will take on the US in Africa
 
Tazara project showcases Beijing’s leaner approach to overseas development just as western aid appears to retreat
 
 
 

Markets

 
 
 
Bond market strains intensify for Reeves as investors await OBR’s verdict
 
Fiscal watchdog’s preliminary forecasts based on UK borrowing costs exclude recent rise in gilt yields
 
 
Harold Hamm’s Continental Resources expands into Turkey to develop oil reserves
 
Shale pioneer and US-based TransAtlantic Petroleum in joint venture with Ankara’s national energy company
 
 
UK financial regulators in retreat as prime minister piles on pressure
 
City cheers Sir Keir Starmer’s crackdown on red tape but there are questions over how much it can boost growth
 
 
The ‘critical minerals’ rush could result in a resource war
 
Labelling justifies a preference for strong-arm tactics over co-operation
 
 
UK watchdogs scrap diversity and inclusion rules for financial firms
 
Decision by FCA and PRA comes as government’s growth push forces regulators to rethink policies
 
 
 

Companies

 
 
 
US regulator backtracks on request to delay Amazon Prime trial
 
Federal Trade Commission lawyer had initially cited ‘extremely severe’ resource shortfall before changing tack
 
 
Captain of container ship in North Sea collision is Russian, owner says
 
Police have arrested the 59-year-old on suspicion of gross negligence manslaughter
 
 
Chinese authorities summon Walmart executives over Donald Trump’s tariffs
 
Move comes after reports that retailer asked its suppliers to cut prices in response to US levies
 
 
Ratcliffe’s Ineos Automotive recalls SUV in US after doors open while driving
 
Replacing mechanism on more than 7,000 vehicles is latest headwind for British tycoon’s car company
 
 
Staley referred to Epstein as ‘uncle Jeffrey’ in email to daughter, court hears
 
Ex-Barclays boss is challenging regulator’s verdict that he downplayed his connection to late paedophile
 
 
 

Opinion

 
 
 
The hope of a ceasefire in Ukraine